Instant offer - Rent back
13 June 2025
I got a call from a client who is gonna lose their house. It was a really unfortunate situation they had some health issues and because of that they failed to make their mortgage payments and they called me and we were able to help them out and I want to share the story because I feel a lot of people get stuck in situations they don't know where to turn. Simply, they called us we put an offer on their house we allowed them to stay there and rent it back from us and now here we are five years later and their financial situation has improved, and they've been able to buy the house back off us. And their family is still in their family house Everything is perfect, they love us they're very thankful that we could help them out and if you know anybody who's in this situation and doesn't know what to do best they can do is call us and hopefully we can help them too.
www.JudyLindsay.com
204.925.2900
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As a Realtor the No. 1 thing I would never do when selling my house in the Summer. But first, what happened in the Winnipeg Real Estate Market in June? In June in Winnipeg we saw the average price of a single family detached house go up 12.5% over last year. We saw sales however, decrease 3.4% In condos we saw the average price increase 6.3% and sales were down 24.6% As you can see, the market in Winnipeg continues to be really strong. We're still seeing lots of bidding wars, increase in pricing and increase in sales. Now, the one thing I would never do if I was selling in the Summer, I wouldn't underprice my house. The reason is even though in July and August we still see lots of sales we don't see the same kind of intense demand that we see in March, April, May and June which means that if you underprice your house you may not get the same expectation of a high bidding war that you would have seen early in the year just due to the lack of demand because there's a lot more inventory on the market. www.JudyLindsay.com 204.925.2900
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One of the biggest red flags I see when hiring an agent is agents that are very quick to reduce their commission. If they're quick to reduce the commission in front of you to make the deal what do you think that's going to happen when it comes time to negotiate the price on your house? Out there in the market right now there's 3% Realty, 2% Realty, 1% Realty or even do it free and post it online but it is really just a race to the bottom and what you really want to be looking at is what kind of value is the agent going to be bringing to make sure I net the most out of my sale. www.JudyLindsay.com 204.925.2900
What is the best thing about owning a house in Winnipeg? But first what happened in the Winnipeg real estate market in May？ In May in Winnipeg we saw the average price of a single family detached house increase 10.2% however sales were down 4.9% in condos we saw sales down 42% and the average price increase 1% as expected the numbers continue to be very strong here in Winnipeg now the best part about having a house in Winnipeg the market is always consistent right now here a lot of stories coming out of Toronto and Vancouver people losing hundred thousand $200,000 underwater on properties they bought two three years ago and that's a big hit for a lot of people especially if you're going in with only five or 10% down even if you're putting any money down that's a lot of money to lose. Here Winnipeg over last 25 years we've seen the market continuously go slowly, but rise and so if you're looking to invest in real estate it's a great market to be in and if you're just owning a house here it's a great market to be in because you don't have to worry about those big swings up or down. www.JudyLindsay.com 204.925.2900
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Hey dad, how did you get started in real estate? Well, it's an interesting story and I think you'll appreciate this.I well I wanted to work in real estate right out of high school but my dad says no, you've got to go to university first and I said okay fine You said the same thing to me yeah yeah and So I went to university for one year and then ended up getting a corporate job where I was kind of moving up the ladder and I figured well I'll be better off staying in this corporate environment and moving up as opposed to continuing with university. Unfortunately I got kind of in that trap of being in that company then I wanted to get into real estate but I couldn't afford it that was the problem because at that time and still today you have to have a a good amount of money saved up to invest in yourself, in your business, in your clients to really be successful and so that was kind of where it was just kind of left and until one day my mom called me and just to go for lunch and we got talking and she said well if you want to get into real estate I'll help you out and I said well amazing and that was literally like probably like a little over 25 years ago now. What did she do to help you out. Two things and this is going back to I guess what we do now for agents coming in is provide them with business right away. So, a person just starting out typically you know how you see on day 1 you're going to start calling people you know and saying hey you know can I buy or sell your house you know anybody wants to buy or sell a house but if you're working in a team day one you can kinda get somebody to work with and be mentored by somebody so and that's what happened with working with my mom and is that you know kind of on day one like day one I remember picking up my lockbox key to go show houses and I had a client who was able to sell a house in my first week which also helps with kind of getting rolling and being successful having those early successes and not being stressed by not making any money yeah so that that was how I started real estate. I love that and now you're carrying on your mom's legacy Judy Lindsay Team. That's right yeah with my daughter here working with me. Yes, yes Maybe one day I'll carry it on for you. www.JudyLindsay.com 204.925.2900
