Szabolcs Pall - Blog - Szabolcs Pall

Recent Blog Posts by Szabolcs Pall
Did you hire the right agent? Why hiring the right agent will directly affect the amount of money you pocket? It simply comes down to motivation. Is the person you are thinking of hiring driven by their desire to help you reach your goals, or are they trying to reach theirs? Choosing the right REALTOR®, matters! It matters in their philosophy, their work ethic, their support system and network of peers, and especially ... Posted by Szabolcs Pall on May 2, 2012		More
Will I need an Appraisal? Did you know… Banks can only finance the Appraised Value or the Offer Value, whichever is lesser of the two? The appraisal method of determining value for residential real estate is the Comparison Approach, and appraisers use the same database of information as REALTORS to determine property values. Appraisers determine value based on what Buyers are willing to pay for a property ... Posted by Szabolcs Pall on February 7, 2012		More
Smooth sailing for home sales in September Smooth sailing for home sales in September Members of the Ottawa Real Estate Board sold 1,202 residential properties in September through the Board's Multiple Listing Service® system compared with 1,071 in September 2010, an increase of 12.2 per cent. The five-year average for September sales is 1,160. Of those sales, 280 were in the condominium property class, while 922 were in the residential ... Posted by Szabolcs Pall on October 5, 2011		More
Why buying from the listing agent is not a good idea Why buying from the Listing Agent is not a good idea If you are a Buyer, is it better to buy from the Listing Agent (L/A), rather than using your own realtor? Sure the thought has crossed our minds, the agent will be happy to double-end at a reduced fee, the seller will net the same amount, sounds great, doesn't it? Except when you break down the transaction, you quickly realize that ... Posted by Szabolcs Pall on July 6, 2011		More
April sales return to pre - HST levels April sales return to pre-HST levels Members of the Ottawa Real Estate Board sold 1,536 residential properties in April through the Board's Multiple Listing Service® system compared with 1,814 in April 2010, a decrease of 15.3 per cent. The five-year average for home sales in April is 1,612. Of those sales, 316 were in the condominium property class, while 1,220 were in the residential ... Posted by Szabolcs Pall on May 5, 2011		More
March sales back to normal after HST-fueled 2010 March sales back to normal after HST-fueled 2010 Members of the Ottawa Real Estate Board sold 1,232 residential properties in March through the Board's Multiple Listing Service® system compared with 1,495 in March 2010, a decrease of 17.6 per cent. The five-year average for home sales in March is 1,256. Of those sales, 296 were in the condominium property class, while 936 were in the residential ... Posted by Szabolcs Pall on April 5, 2011		More
How do YOU see your clients? What's the best part about my job? The freedom, the people, the homes, they all add to the enjoyment of being a REALTOR in Ottawa. But even more than that is the feeling that I'm making a difference. Cue the orchestra. :-) Sure they might have got great service from someone else, I believe there are a lot of really good agents out there, and I’m certainly not saying I'm the only one. But being ... Posted by Szabolcs Pall on March 17, 2011		More
Why now is the best time to buy a house Did you know … there are great incentives to help you get started in Real Estate? You may use up to $25,000 of your RRSP towards your down payment, and may qualify for an immediate rebate up to $2,000 on your Land Transfer Tax. The Government will kick in a $750 tax credit, not to mention the specials offered by key partners as part of our VIP program. Posted by Szabolcs Pall on March 17, 2011		More
Home Ownership - Learn before you leap! My brother recently asked about what I thought was the best smart phone on the market. Sure there are tons of web-sites dedicated to this stuff, and he has probably read them all, but like most anything you purchase, it’s often best to ask someone who’s had some firsthand experience with the bloody things. And it’s with that in mind that we decided to host a live session ... Posted by Szabolcs Pall on March 17, 2011		More
Buy first or sell first? Buy first or sell first? The answer is almost always SELL, for the simple fact that in our current market conditions, you cannot be guaranteed a quick sale. So you might as well get the process started as soon as possible. The pros of buying first are that you will almost certainly know your possession date and can time the sale of your existing home to match it. Either way, you’ll ... Posted by Szabolcs Pall on July 6, 2010		More
Considering Selling? Some things to ask yourself first! We're faced decisions throughout our normal day, and usually get them right without much difficulty. But while each of us is well equipped to make every day decisions, it’s not always so simple. When we consider selling our home, that decision is one that obviously requires much greater scrutiny. Consider the following: How much equity do I currently have? - The amount of money you ... Posted by Szabolcs Pall on June 1, 2010		More
Hottest April on record for resale housing market Hottest April on record for resale housing market Members of the Ottawa Real Estate Board sold 1,841 residential properties in April through the Board's Multiple Listing Service® system compared with 1,591 in April 2009, an increase of 15.7 per cent. Of those sales, 425 were in the condominium property class, while 1,416 were in the residential property class. The condominium property class ... Posted by Szabolcs Pall on May 5, 2010		More
Connected to More™ Did you know … that with Century 21 Canada, you are Connected to More™? We generate more leads through building broader online networks: websites, social media platform, mobile applications and blogs. We appear more frequently in real estate searches, we attract more homebuyers in more neighbourhoods with Showcase21 and Google Maps Streetview. It's with great enthusiasm, ... Posted by Szabolcs Pall on May 5, 2010		More
Get top dollar for your home How to get top dollar for your home, and save money in real estate. Sometimes it's not always what you make; it's how much you save. It's a fitting metaphor for those thinking of selling their home. In a similar vein, most sellers are not concerned about what it costs to sell their home, what's ultimately most important is how much of their equity they get to keep at the end. Think about ... Posted by Szabolcs Pall on May 5, 2010		More
Home Ownership Incentives Did you know that there are a variety of government programs to help you save or borrow the funds for your home purchase? The RRSP Home Buyer's Plan, the Home Buyer Tax Credit and the Land Transfer Tax Rebate can help overcome the difficult challenge of saving money for a down payment faced by many First Time Home Buyers today. As a REALTOR® I can help you understand how these programs ... Posted by Szabolcs Pall on March 29, 2010		More
Competing Offers - How to win! How do you win in a Competing Offer scenario? First you accept that in some instances, price will always be the final word. And no matter how well your offer is drafted, someone may be in a position to offer more money than you for the house. Having said that, there are a number of things you can do as the buyer, to ensure that your offer is not amongst the first to get rejected, so ... Posted by Szabolcs Pall on March 29, 2010		More
Confused about your last offer/listing agreement? Did you fully understand the document you just signed? If you are a little unsure about your level of comprehension of the last listing/offer you signed, don't worry, you are not alone. I've got a great example of a home owner who misunderstood one of the many important clauses in his Listing Agreement, namely in reference to the Holdover Period. This states that the seller agrees to ... Posted by Szabolcs Pall on February 5, 2010		More
Negotiation Did you know that negotiation is a service I provide, that if utilized properly can give you the competitive edge? It can amount to thousands of dollars in your pocket. When presenting offers, I often pick up crucial information that might otherwise be never revealed through email and fax. A seller for example who doesn't want to miss out on the 'other' house, or a causal remark that ... Posted by Szabolcs Pall on August 31, 2009		More
Condo purchase I was recently approached by a friend, who required some direction on the purchase of his first condo. 'Michael' had visited the showrooms of a nearby developer and had received some encouraging news about "some really cheap pre-construction prices". But as a prudent purchaser faced with one of his biggest investments, Michael wrote to me asking for some advice on what questions he needs ... Posted by Szabolcs Pall on August 5, 2009		More
Presenting Favourably Did you know that when you are represented by CENTURY 21, you get a great name and professional image? Almost 40 years in business in Cambridge means we are well trusted and are regular contributors to our wonderful community. On top of that, CENTURY 21 is in 60 countries with over 8,800 offices and 145,000 global agents. You want the best representation? Trust me; we truly are the local experts! Posted by Szabolcs Pall on August 5, 2009		More
The "Team" Trend Everyone and their cousin, is working in a team these days. But if you want to be blown away by the number of people on a team trying to sell your house, listen to this: "I have a team of 380 agents!" -- do you believe me? Because that's exactly what MLS is, we all have access to the same database, the person listing your home, in all likelihood, isn't the one bringing you the buyer. ... Posted by Szabolcs Pall on June 2, 2009		More
4 Stats That Make Sense Here are 4 stats that make sense and every REALTOR® should be able to tell you right off the bat! 1) Days on Market. This information can be used to inform the customer how long homes are sitting on the market. The better you price the product, the faster you can expect to move it. Don't make the mistake of pricing too high, as the house will sit on the market and become stale. ... Posted by Szabolcs Pall on June 1, 2009		More

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