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February 10, 2012

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Local Market Conditions


Who Knows What Canadians Want to Know?
An application for REALTORS®

Since first-time buyers have no past real estate experience to fall back on, they have it the worst. However, even seasoned Canadian property owners may be stuck when it comes to knowing who to turn to for accurate information, not a sales pitch.

The following experts can provide impartial, knowledgeable services and practical advice relevant to a range of home-related decisions. Most professionals on the list below are backed by professional or trade associations that often provide local contacts and hiring tips. Some work for non-profit organizations, others operate businesses or work for large corporations. You may also discover a few innovative professionals offering brand-new or area-specific services.

"Buyer be aware" is still the best approach. Weigh free evaluations and inspections carefully since the donated service may include a hidden bias. In all cases, it is a good idea to ask what help any referring organization will provide if you have problems with the service provided or the experts involved.

  • Air quality inspectors assess interior air quality to identify problem areas and solutions for improving air quality. This is important for those with respiratory conditions or allergies. ( Also see PJ's April 9 article, "Canadians Unaware of Radon, a Silent Killer [ Canadians Unaware of Radon, a Silent Killer ]". )

  • Appraisers provide independent estimates of property value. Fees may differ with appraisal designation, e.g. AACI , CRA, MVA [bullet] Architects and home designers help transform living spaces to enhance comfort, home safety and real estate value. They can also assist with aging-in-place renovations or adding wheelchair-accessibility features. Their skills can help you get the greatest benefit from what you want to invest.

  • Building contractors and renovators estimate renovation practicality and cost. A contractor's advice is useful for assessing the feasibility of adding an accessory apartment or suite, renovating a home or dividing a large house or room into two units.

  • Energy-efficiency inspectors offer advice on reducing energy costs (heating and cooling) and improving home comfort.

  • Fire fighters and fire inspectors check homes for fire hazards and make suggestions on improving home safety. This service is usually delivered free as a community service.

  • Home inspectors with engineering credentials are able to determine the soundness of a building and evaluate the type and cost of necessary repairs and modernization. They are helpful in determining the extent and cost of renovations necessary and in evaluating property condition before buying.

  • Landscape architects and gardening consultants add value and utility to a property. They can transform an overly-demanding garden into a practical, low-maintenance asset or redesign entrance areas, patios and flower beds to accommodate baby strollers or wheelchairs.

  • Real estate developers and municipal planners analyze the possibility of developing your property to increase the financial return on the property or to combine accommodation for the owner with income-generating or saleable units.

  • Real estate professionals offer assistance selling and buying property, estimating market value, assessing renovation potential and arranging financing. They may also be helpful in investigating and evaluating alternative housing choices. Real estate brokers and salespeople offer many complimentary services. They operate under agency law and are legally obligated to provide more consumer support than "buyer beware." Copyright 2002. PJ Wade. Reprinted from "Your Guide to Caring for Your Aging Parents" (Coles Publishing 2001 ISBN 0-7740-0613-7) with permission from the author. www.TheCatalyst.com
  • Published: May 28, 2002

    Use of this article without permission is a violation of federal copyright laws.


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    Futurist and Strategist PJ Wade is "The Catalyst" - intent on "Challenging The Best to Become Even Better." PJ earned this title by translating the dynamic impact of Boomers and their multi-generation families into relevant insights that start people thinking and taking action—in business and in life.

    Author of 8 books and more than 1800 published articles, PJ encourages individuals to become their own futurist. PJ writes and speaks about the insight, knowledge and solid decision-making skills that professionals and their clients need to live and work in this vortex of change. For instance, since PJ knows that home is headquarters for the new decades-long "unretirement," she wrote the popular book "Reverse Mortgages: Best Friend, Worst Enemy...Your Choice!", which is filled with suggestions and cautions on protecting, building and managing home equity. Her new business book, "What's Your Point?: Cut The Crap, Hit The Mark & Stick!" will be published in 2012.

    As The Catalyst, PJ provides strategic communication, client appreciation and advanced education services to the financial, tourism, lifestyle and service sectors - and the clients they serve. A frequently-quoted financial and business commentator, PJ is a thought-provoking strategic speaker who offers practical, real-life suggestions on leaving "the box" behind and embracing Forward Thinking - a talent she regularly demonstrates in this column. For more on keynotes, blogs, books and information on a range of 21st-Century topics, visit TheCatalyst.com.







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    Mortgage Rates
    30 Year Fixed: 3.87%
    15 Year Fixed: 3.16%
    1 Year Adj: 2.78%
    (U.S. Weekly Averages)

    Today's Headlines 05/28/2002


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