Let's Talk Condos with YBB Member Andrijana Jakovleska
Let’s talk Condos. There’s somewhat of a negative connotation towards condos and the “condo fees” that come along with them.
Let’s talk condos!
There’s somewhat of a negative connotation towards condos and the “condo fees” that come along with them.
Condo fees include maintenance, landscaping, management of the condominium and in some cases utilities. They can be beneficial for certain buyers who want complementary maintenance/landscaping & want to be part of a community within the condominium.
The $ amount of condo fees varies based on the type of building (apartment, townhome complex, etc) plus the size of the perspective unit and what is included in the condo fees. The negative connotation mainly comes from the fact that you as a condo owner do not have a say in the increase of the condo fees at any time because even though you own a unit or units you are essentially buying into a condominium business run by its board members and investors.
A tip that can benefit your condo ownership, is to become part of the condo board or become an investor so that you have a say in the decision making.
Apart from the above, a condominium if managed correctly can be a great opportunity & investment for a buyer. Especially townhome complexes, since there’s not as many units as an apartment building and condo fees are more likely to remain low over the years.
In prime areas, your condo investments will increase in value, especially if managed well.
Always have your REALTOR gather all of the condominium documents for review before purchasing a condo. Knowing as much information as possible will aid into making the right decision. It is the seller of the condo’s responsibility to give all condo documents to your REALTOR.
Submission By:
Andrijana Jakovleska
REALTOR®
Residential | Commercial | New Builds
780-937-6346
andrijanarealty@gmail.com
andrijanajakovleska.com
Tipsy Tuesday - Truth or Myth? Having Realtor Representation When Buying a New Build
Truth or Myth? Having Realtor Representation When Buying a New Build. There’s a lot of controversy out there about having a realtor represent you when buying a brand new home. I am here to state the facts.
Truth or Myth? Having Realtor Representation When Buying a New Build
There is a lot of controversy out there about having a realtor represent you when buying a brand new home. I am here to state the facts.
1. Having representation brings my price point up. MYTH - not only can I negotiate on your behalf to make sure you are getting the best deal, commissions that builders pay to agents comes from a completely separate budget and has nothing to do with the purchase price.
2. Having representation is more beneficial when the realtor has knowledge and experience in hew homes. TRUTH - as someone who has worked in new home sales, I can sort through the competition, make sure you are getting the best quality, and save you time and money in the process.
3. Having representation does not offer any additional protection. MYTH - as a consumer, having representation can protect you honourably and emotionally. Not only are you represented by a licensed professional, I can make sure you are connected with the right area manager and the right mortgage broker so that there are no grey areas during the buying process.
4. Having representation does not benefit me down the line. MYTH - as a licensed realtor, I can help sell your existing home, buy additional properties, and sell those as well down the line. With exceptional marketing skills and constant action within the market, you can be CONFIDENT that you are making the right moves when it comes to investing in Real Estate.
Please keep in mind when it comes to new builds, you get what you pay for. We work with trusted home builders that we know build above and beyond the standard building code.
Submission by Andrijana Jakovleska
andrijanajakovleska.com | instagram.com/andrijanajakovleska
780-937-6346 andrijanarealty@gmail.com
Here’s the thing — delegation isn’t about “less work.” It’s about better work. It’s about creating space for the parts of your business (and life) that actually matter.