Wednesday, March 13, 2019

JM Edwards Celebrates 40 Years!


I started working for J.M. Edwards as a part-time Deals Administrator in 2012. I now work here full-time still handling deals, but also doing so much more. This is a great brokerage to work for as Jamie and Sherry allow you to grow, take on new responsibilities and be part of a great Edwards Team. Congratulations on 40 years and to many more!

MONICA SCIME | OFFICE QUEEN 

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Working for JM Edwards during my high school years offered me incredible work experience, memories, and mentors Jamie and Sherry! From the lakefront house office, to packing and moving 2 times after that, the constant support and trust they had in me, along with all the treats Jamie would bring into the office allowed me to always enjoy my time there. Happy 40th anniversary to an amazing company I’m fortunate to have worked for, here’s to many more!

DALLAS CULKEEN | PAST EMPLOYEE 

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Working at Edwards was a pleasure, sometimes a lot of hours but necessary.  Lots to learn and always something new.  Sherry always tried to keep us ahead of the crowd and she has accomplished that from what I see now, with a much younger, electronically knowledgeable team and doing a great job.

Jamie on the other hand was most always late leaving for appointments and you had to make the call that he was running a little behind schedule.  He can certainly get the clients because of all the people he has met over the years.  He truly enjoyed looking out his office window at the Old Lakeshore office. He sometimes needed a nudge to get some work done. He would be calling me into his office to see the Kingfisher sitting on the rail outside his office window.  He can now work outside from home and enjoy the same view.  He always talks about how he started the company and it was a lot of hard work that has worked out well. 

My best memory was my retirement/birthday.  Sherry pulled that off beautifully and I had no clue.  Memories of everyone that came and enjoyed the day and evening with me and my hubby.

We still meet occasionally and can just talk which I enjoy.
  
CAROL WHITWORTH | PAST DEAL SECRETARY 

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Congratulations to J. M. Edwards on Forty Fabulous years!  So happy to have been a part of this great company and I cherish the memories of those great years.


Continued health, happiness and success to all.

SOPHIE BUZZELLI | SALES REPRESENTATIVE 

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When I think back to the company that decided to take a chance on an unqualified 14 year old and give her a job through to her first year of university, I am amazed that company is now celebrating its 40th anniversary ;)


I feel lucky and honoured to have been given the chance to work at such an amazing company where everyone truly felt like an extension of my family. I will always have amazing memories from painting the office, Saturday morning coffee chats, the wonderful Christmas parties, having Jamie pick me up from high school because I had missed my bus and through learning through making little (and some bigger) mistakes but knowing that the incredible staff still believed in me.



Thank you for giving me my first job and welcoming into the JM Edwards family. Congratulations on your 40th anniversary. Cheers to many more.



MEGAN WEBSTER | PAST EMPLOYEE


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We would like to thank J.M. Edwards for their love and support over the several years we have known them.  They are very good people and truly care for their clients and their employees alike. 

At one point they employed our entire family- they even gave all three of our young kids their first jobs!. We have had some hardships over the years and we could always count on Jamie and Sherry to be there for us in every way!  

We cannot thank them enough and we wish them health, luck and happiness in the next 40 years of their journey.  Congratulations! xoxoxo

THE BEAMISH FAMILY | PAST EMPLOYEES

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We love how we have all grown together over the years both in our business and families. We’ve watched both our families grow as our kids have grown up and we’ve had the chance to get to know all your amazing grandchildren too! Can’t wait to see what is to come in the future as we watch all their future adventures! 

Hope we can meet up in Florida and also some paddling on our lake here again too! 

Congrats & Happy Anniversary from the Lane’s - Candice, Brad, Connor & Abby

CANDICE PABST | SALES REPRESENTATIVE

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There truly is meaning to ‘the Right Place, at the Right Time’ and it all became apparent to me August 2002 when Jamie and Sherry knocked at my door, as my parents’ house was readied for market.  I couldn’t be more thankful for the opportunity I was presented with that day. 

Within weeks I started Part-Time and very quickly was provided with more hours… more opportunity!  It’s always been about the opportunity!  Both Jamie and Sherry have an ability to guide, push (gently!) and encourage everyone who is lucky enough to pass through the doors. 

Over the years my working relationship with J.M. Edwards has evolved through Full Time, Part Time, a leave for School, to explore another path and when that path landed me home with my babies, right back where I am today. Thanking you for every last memory of it all, and most importantly, the flexibility of the best of both worlds today! 

Congratulations… it is the opportunity, the supportive nature and the ability to lead and mentor that makes 40 wonderful years!  To many more!

KRISTEN MCCLELLAN | ASSISTANT & DIGITAL EXPERIENCE DIRECTOR  

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Congratulations Jamie! 

It is quite a milestone. I’m glad to have been with you for most of the way.

I remember when we were young and fearless.  In the early years, I learned a lot from you on how to develop a business. In later years, I observed what a devoted son you were to your parents. I learned from you that we never stopped learning.

Luckily for me a business relationship became a long-term friendship. Our families grew together with our kids attending the same schools. Notwithstanding the trials and tribulations of work, we managed numerous outings to Blue Jay games, Buffalo Bill games, road hockey games and the memories and stories shared will last forever. 

Through it all, Jamie was always a gentleman and successful entrepreneur. Jamie chose real estate but he would have been successful in any field that he chose. 

Continued health, good fortune and success.

GREG BRECHIN | LAWYER & FRIEND

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Congratulations to J.M. Edwards Associates Inc. Brokerage on reaching this special milestone!

As a newly licensed realtor green behind the ears and eager to learn I was hired by Jamie in the early nineties. Successful extremely knowledgeable and well respected in the industry Jamie was always available to share his wisdom, I could not have asked for a better mentor.  

Thank you for your support and continued friendship.  Congratulations!


LIDIA PETRUNAS | SALES REPRESENTATIVE & FRIEND

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It’s hard to put into words what the J.M. Edwards family means to me and my family. As the best man in my parents wedding, Jamie has always been a part of our lives… his infectious laugh, his ability to connect with anyone who crosses his path and an endless source of wisdom and advice all make up the wonderful man I lovingly refer to as my “Work Dad.” 

Sherry, your belief in all of us has never faltered; you are the first to help us to fly and the first to catch us when we fall. Your personal touch to this business is one I greatly admire and certainly does not go unnoticed by those around you. The skills and opportunities you’ve both given me to succeed in this business I will be forever grateful.  It’s a pretty unique experience to be able to look back at the journey you’ve taken and see the impact you’ve had on the lives of so many. 

Cheers to 40 years of hard work, dedication and sacrifice… and to the continued success in the years to come!

AMY JACKSON | SALES REPRESENTATIVE, HAPPINESS HERO & MOBILE SENSEI 

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Congratulations Jamie on your 40th year in this great Profession.

You and I have had the opportunity to know each other many years, we began our professional relationship back in the late seventies and over the years have become close friends.  We also served organized real estate together in the 80s, you as President of your local association, Hamilton / Burlington and me as President of my local association Mississauga.  Together, we also moved on to our Provincial association, you serving as President in 1993 and me in 1994.

We have also spent many years in the rink and in tournaments, playing hockey together.  You are always reminding people how well you know me because we have showered together.

Jamie, it’s been a long 40 years and we have had many discussions and seen many changes along the way, but the great thing is we are still here to talk about it.

Both Meg and I value our friendship with you and Sherry and look forward to many years to come.

Good health and happiness my friend!!

ROSS GODSOE | FORMER CEO of RAHB

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It has been a pleasure to work with a Broker who is so well liked and equally respected. We have all benefitted from his contribution to organized real estate and his thoughtful opinion on any issue we face. Happy Anniversary, Jamie. 

BETTIANNE HEDGES | BROKER

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Happy 40th anniversary Jamie. You were a tremendous teacher and tutor to me back when I got into real estate in 1983. You were an incredible motivator and taught me to put all the negativity that people were talking to me about in the past and concentrate on the present and the future. Whatever modicum of success I may have achieved I owe a lot to you. 

Congratulations again and I wish you many more years of success. 


JIM MINER | PAST SALES REPRESENTATIVE 

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I worked for Jamie at his first location on Plains Road, only to move to Guelph Line when Jamie took over Ted Finnigan’s business.  Many great memories of working with Kay Henderson, Ted Brethour, Tom Dowling and Larry Chettle… to name a few!  

One memory that sticks in my mind and always made me laugh was Ted running over to the farmer’s market across the street and buying those huge radishes; sitting at his desk with salt shaker in hand eating them like apples.  Here’s to many more great memories!

BARB PAYNE | PAST EMPLOYEE, FRIEND & CLIENT 

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Working at J.M Edwards opened so many doors for me, which is even more apparent now as I head into the start of my own professional career. 

When I think of the 3 years I spent there, I think of the patience and kindness of all of those around me, and am grateful to have learned so much from Jamie and Sherry. 

Thank you for everything, congratulations on 40 years

MAUREEN HOLLYER | PAST EMPLOYEE

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To Jamie and Team Edwards

Congrats on 40 yrs of service with excellence. You have helped thousands of families realize their dream of home ownership to achieved stability, prosperity and comfort. You always find time to help others. Truly “service above self.” Your optimism is infectious and your success is no surprise. 

You are my best friend, my best man, my best campaign manager and the best role model of a loving son ever. Jamie you are truly a “one in one million man.” THANK YOU

CAM JACKSON | PAST CLIENT & FRIEND



Hey!  Have you seen it?  There's a video slideshow... If you haven't seen it yet, pop over to our Facebook Page @TheEdwardsRealEstateTeam 





Wednesday, March 6, 2019

Market Stats: February 2019




The numbers are in for February and we might be left scratching our heads, just a little.  The overall feeling in the marketplace has been that things are moving and that we are well into our Spring market, but, it doesn’t appear quite so clear in the numbers.  

The number of new listings is actually down in both Burlington and Hamilton since January.  On the flip side, the number of sales have taken a very slight upswing.  As for turnaround time, that was the biggest change reported and it has started to tighten up even further, with average days on the market dropping in both areas.  Taking a look at pricing, the average sale price sat relatively unchanged in Burlington, where Hamilton saw a rise of about $30K from January to February.  

    

All that being said, it looks like we’re gearing up for a year similar to 2018, with January and February following a similar trend again this year.  A slow and steady start… but it's a start!  We can only anticipate it will continue in this same fashion which means there is a lot more to come through March, April, and even into May where last year we saw sales peak in both Hamilton and Burlington.  May also brought quite a significantly higher average sale price for both markets.  So it’s looking like the best is yet to come!  

For all the stats compared month to month, find them here, on our website

Wednesday, February 20, 2019

Sellers Were Asking: Why Won't Someone Just Put in an Offer?

Why Won't Someone Just Put in an Offer?

As the owner, you are entitled to ask any price you like.  The idea of starting high so you have room to come down works in some markets, not in others.  Let's consider these points:


  • A common problem arising from overpricing your home is that prospective buyers are "Scared off" by the price. Prospective buyers often know the maximum price they can pay to still qualify for financing.  They may eliminate an overpriced home from consideration without ever looking at it!
  • Look at the competition. Many buyers today shop for a home by comparison, as they would for a car or fridge. They look at numerous homes to eliminate from consideration the ones they feel are not competitively priced.
  • Sellers often think only in terms of the cash they will receive when someone buys their home. Most buyers borrow money to buy a home. The bank or other institutions who loan money to purchase homes always require that the home be appraised by the lending institution to insure that the home is being purchased at fair market value.
  • Sellers should also be aware that there are hidden costs involved when overpriced homes don't sell rapidly. These include the sellers continued liability to pay interest on the mortgage, property taxes and insurance. Overpriced homes become "stale" on the market.


When determining the sale price of your property, you should be aware that competitively priced property will attract more qualified prospective buyers in a shorter period of time. If I can help, give me a call!

Monday, February 4, 2019

Market Stats: January 2019


January 2019

Is the Spring Market upon us?  This beautiful weather definitely makes us feel like it is! In Real Estate terms, the ‘Spring Market’ means an increase in listing activity starting late January to early February.  Last year we saw a slower start, with numbers only beginning to tip the scales come March!  This January the stats might leave us wondering, ‘will this year be different?’!  

    


For the Burlington market, the number of new listings are up by 50 compared to last year, with average sale price hovering just shy of $700K.  Days on the market are at 37 which means our list to sale date timeframe is already beginning to tighten; whereas last year it was still at an average 40 days on the market.  

In Hamilton, the sellers are out in full swing, with the number of new listings up by 69 listings compared to January of last year.  We don’t appear to be seeing sale prices quite as high as last year, even though this December the numbers sat quite a bit higher.  Days on the market and the list to sale price ratio came in the same as last January at 40 days and 99%.  

The jury’s still out… we’ll see what the coming few weeks produce to glean a better idea on where we’re headed as we move through February. 

To see the numbers in chart form, check out Monthly Stats on our website!

Friday, January 18, 2019

Buyers Were Asking: The Goldilocks Phase


The Goldilocks Phase

For a lot of reasons, buying a home at any stage comes with its challenges and it’s hard to know what’s right without seeing a little of everything. We typically see buyers go through what we like to call the ‘goldilocks phase’. Yes, I’m sure you know the story of the doe eyed blondie who breaks into the home of the three bears. No, no! We’re not suggesting taking a few homes out for a test drive with its unsuspecting owners out of town, but, more mimicking her experience.  

Goldie, upon entering the home had a few different adventures… some hot, some cold and some just right.  A little tired from her travels she opted to rest her weary feet and came across three chairs. It took our fair haired friend a seat in the BIG chair and the chair that was just far too little until she was able to find the chair that was just right. Looking at the chairs she likely knew the big chair would be too big, or that steaming porridge too hot but, couldn’t help indulge anyways. 

We’ve talked a lot over the years about the home purchasing process… you set out on one journey with your list of must haves and needs and somewhere along the way you end up compromising or changing that initial list. Starting to see the parallel? A lot of buyers actually believe it’s a waste of time or, don’t want to bother their Realtor by seeing a home that is far too big or far too small for their needs. The reality is most buyers need to see it to believe it, otherwise they will be left pining over the home that they never saw and seemingly slipped away.

Alternatively, that’s when the “ah-ha!” moment actually occurs… that one home when they finally humour their Realtor and relent to see that too small home, where, they actually discover the size is more fitting to their needs. 

The moral of the storey? Take a page out of Goldilocks’ book to find what’s just right for you.

Monday, January 14, 2019

Market Conditions and Spring Forecast

This fall brought us a statistically slower but steady market through to the holidays. Average days on the market has risen to its highest point in the last two years in both Burlington and Hamilton but average sale price has rivalled that of the summer market in both areas as well. Pricing sharp has ensured a successful sale for sellers, particularly in Hamilton with a 99% price to sale ratio throughout most of the market.  With buyers still out in full force well into December there were still many transactions to close out the end of the year. As we look ahead to Spring, we can anticipate much of what we saw this same time last year… an influx of more homes on the market and buyers, now returning to their daily routines, will quickly get back into their search as well as a new group of buyers to add into the mix. Last year we saw a late start, edging almost into March before some real numbers started to tip the scales. This year, time will tell but all signs point to a prosperous balanced market.