Establishing clear expectations from the very beginning is a critical factor in managing tenant relationships. Taking the time to outline responsibilities, communicate rules, and foster open communication sets a foundation for smoother, more cooperative interactions over time. When these expectations are unclear or inconsistently communicated, misunderstandings and conflicts are more likely to arise,...

Calgary’s real estate market in November 2024 highlights a complex balance of rising supply, steady sales, and moderating price trends.

Sales Activity and Market Trends

Calgary recorded 1,797 residential sales in November 2024, relatively unchanged from the same month last year, according to the Calgary Real Estate Board (CREB®). This performance is 20% above the long-term average for November,...

Effective communication is a cornerstone of successful property management, benefiting both landlords who manage their own properties and those who contract third-party managers. Whether it’s explaining lease terms, responding to maintenance requests, or negotiating rent increases, clear and proactive communication fosters positive landlord-tenant relationships, prevents misunderstandings, and streamlines...