Chester Powell, Real Estate

11/18/2021

True story lol!

09/04/2021

Good read for housing crisis solution

Now Housing converts shipping containers into shelter spaces and is building pilot project for the Region of Waterloo

05/01/2021

Great to start working with first-time homebuyers today! I love the process of helping young people meet their goals! This is the first house we looked at.

03/17/2021

May the luck of the Irish be with you all year!

03/16/2021

Another recently sold property over asking!

03/16/2021

Tomorrow I have a few deliveries!

02/16/2021

So thankful that my Client got his house! I just received this review:

Chester demonstrated all the desirable characteristics of a real estate agent while helping me purchase my first house. He showed me houses all over the Kitchener-Waterloo area and each time offered valuable insights on key deciding factors such as location, condition, and quality of the house. Chester was able to point out potential issues with the houses we saw, and gave approximations on any required repair costs. He was also consistently able to find me showings a day or two after a house hit the market and was always there on time and ready to provide advice regarding the property. It was tough buying a house in a market where houses were receiving in excess of 30 offers and selling for significantly higher than their asking prices, but Chester eagerly wrote offer after offer until we finally got one accepted. Chester was a huge help in the offer process, providing useful comps and solid estimates on the sale prices of homes. My experience using Chester as my real estate agent was overwhelmingly positive and I would recommend him to anyone in search of an agent!

02/04/2021

I read this release this morning.
There were 351 residential homes sold through the Multiple Listing Service® (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in January 2021, an increase of 24.9% compared to January 2020. The previous 10-year average number of residential sales for January is 286.
On the initial look it sounds really exciting, Sales are up!!
But, If you dig a little deeper.....Just under 40% of all sales are from Realtors not on the KW board. So that leaves 210 sales for the members of the KW Real Estate board.
On the KWAR website, it indicates that there are 1572 Realtors at KWAR.
Doing the math it means that that there were 0.13 sales per agent last month. Generally, we can look at some of the more established agents doing more deals while others do none.
In the current market, there are hundreds of offers being presented each and every day and those offers are losing to the one winner. We all see the 20 offers, 30 offers, 40 offers being presented. What this means is that there are Realtors out everyday showing homes, writing offers and not winning or making any money.
The buyers are devastated and the Realtors are frustrated. It's not a market that is fun for everyone, despite the fact that sellers are making great money on their sales.
Don't forget that when you list your home and get an offer that exceeds your expectations it's because of organized Real Estate and the MLS system that Realtors pay for monthly - whether they get paid or not.
Be nice to your Realtor today. It's not that easy to be in this business right now.

01/29/2021

I know how to protect my clients! 😊

01/27/2021

Funny but sadly true!