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Who is the worst condo mangement company in Edmonton? Many of our readers live in condos that are professionally managed and for some management companies the term “professional” is a gross over statement. Many people do not realize that the condo management industry is unregulated, and that can leave Alberta condo owners in a lurch when they have a problem.

Last week I was working on a deal on where the buyer had numerous questions about the condo complex and documents. So they contacted the management company with their questions, as many prudent buyers do. After numerous unreturned calls (5 according to their agent) the buyers agent said if they didn’t hear from the condo manager they would not remove their condo condition because of his unanswered questions and his lack of confidence in the manager to perform their duties.

This prompted the seller to call to exert additional pressure. The receptionist was very snooty and said that the other agent had already left messages. A

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Inventory continued its climb in Edmonton in June, reaching the second highest level for June on record. Last month we thought we were close to the peak of inventory, but we didn’t know sales would slow as much as they did this month. The REALTORS® Association of Edmonton released the June sales stats today calling the market “normal.”

“External influences pulled sales activity into the first four months of the year which reduced the demand in May and June. Overall there were 680 less residential sales in the first half of the year as compared to 2009,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “Consumers still seem interested in getting into the housing market or moving up but seem to be resting after a confusing period of uncertainty and change in the conditions that surround a property purchase.”

The number of new listings slowed substantially, almost back to normal levels:

So the jump in inventory is mostly due to low sales. Based on th

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