Veronica Palin is a rare breed in Calgary – born-and-raised in the Stampede city, she has lived her entire life in the city's bustling core. Since finishing her degree in Humanities (French) and business, Veronica has worked in client service marketing for more than 25 years.
Following in his mother's footsteps, Michael Palin joined the team a decade ago, and is now a licensed relator who is praised by clients for his fresh, youthful perspective, analytical insights and keen listening ability.
Despite their inner-city roots, Team Palin knows every corner of the city intimately. And, as their many testimonials attest, the Palins put the interests of their clients first – ensuring both buyers and sellers benefit from their knowledge of the market and careful attention to detail.
Veronica's interest in Calgary real estate began when her late father bought three city homes in the
mid-1960s to build equity and create financial security for her mom and two daughters. Her mother managed the mortgages and her daughters got the chance to see how rental properties were managed as a source of income.
Fuelling her desire to work in real estate and property management, Veronica watched closely how contractors were used to handle projects as well as the rewarding benefits of owning a rental property. She took her first steps into the Calgary real estate market by leveraging equity in her family home by purchasing a bungalow in the northwest – starting with a two-storey, 1910 home and graduating on to bigger homes (some with suites) and bigger, dividable lots.
Profiting during the city's boomtown periods, she bought a two-bedroom, 900 sq. ft. Sunnyside condo in 2006 as an intended starter home for son Michael. He can use the equity to leverage his own family home some day, though their sights for now are set on helping clients build their own real estate dreams.
Working alongside each other allows them to use their unique individual styles and insights to take the guesswork out of the real estate transaction and give you peace of mind knowing your choice was the right one.
As the saying goes, it's all about location, location, location – where people will often need to rent (ie. the University of Calgary for school, downtown for work), square footage of property such as how many bedrooms, bathrooms etc. and maximizing available real estate space, such as the garage.
Parking is frequently cited as critical by clients, so the Palin team works to ensure a buyer's' new neighbours are not disturbed by tenants. It's these small details that matter during a real estate transaction. Whether it's a two-bedroom apartment, a bungalow with basement suites, a duplex or side-by-side build, it's a buyer's market in recession-bound Calgary, so it's important to have an experienced Calgary realty market specialist in your corner.
When purchasing a property as an investment for a child or other family member, location is again critical in case resale is on the agenda over the next five to 10 years. For rental income, well- appointed and maintained bungalows with upper and lower suites can fetch $1,500 a month in rent (especially if tenants pay the utilities and often look after the yard).
Commercial real estate investing usually requires a group to pool their money to get the best return on investment, which is why Team Palin's focus on residential real estate is much less complicated and for the most part, usually considered lower-risk.
Veronica and Michael look forward to speaking with you about your real estate needs. Contact Team Palin by phone at 403-819-1399, drop them an email or book an appointment to meet with them at their new Kensington office by appointment.
They are ready when you are, and look forward to hearing from you.