Toronto Realty Blog

OCTOBER 5, 2023

TorontoRealtyBlog Not even one comment about the new blog? And nobody noticed that Monday’s blog extended into Wednesday and that I posted on Thursday instead. This was both a function of launching the new version of Toronto Realty Blog, as well as TRREB releasing the September stats on Wednesday instead of Tuesday.

Sales 84

Sales As-is Design Marketing 84

Lab Coat Agents

NOVEMBER 17, 2022

With the market ever-changing, 2023 promises to be full of new challenges and opportunities for agents who are ready to adapt in order to remain relevant and find listings in this industry. In this blog post, discover 5 must-haves every real estate agent needs to weather any market conditions and have consistent business for 2023.

Agents 98

Agents Branding Industrial Closing 98

Toronto Realty Blog

OCTOBER 12, 2023

month-over-month, up 10.5% month-over-month, up 7.1% Now, my cynical side looks at the price for a 2-bedroom and says, “Half of that is just over $1,700 per month, so why not find a roommate and reduce the cost of living? Can you believe it’s been three months already? year-over-year, to $2,620.

Marketing 88

Marketing As-is Days on market Construction 88

Toronto Realty Blog

FEBRUARY 15, 2024

This is a quarterly feature here on the Toronto Realty Blog and I’m having trouble believing that the last time we worked through these numbers, the summer had ended and it was just after Labour Day. 2023 started with year-over-year monthly movements of 2%, -5%, and 4%, and that trend continued into Q2 with 7%, 8%, and -1%.

Marketing 74

Marketing As-is Closing Sales 74

Toronto Realty Blog

JANUARY 22, 2024

Thankfully , here on the Toronto Realty Blog, we’re not bound by the same “rules of attraction” that govern social media. No, here on Toronto Realty Blog, we can do things slowly. They’ve been on the market for seven months. Somewhere along the line, perhaps in mid-to-late 2023, the bank foreclosed.

Banks 69

Banks Sales Marketing MLS 69

Toronto Realty Blog

NOVEMBER 13, 2023

I’ve written blogs from the perspective of both tenants who have a bad landlord, and landlords who have a bad tenant, and all the while, we’ve debated the protections that tenants enjoy in this province in 2023, and whether or not they’re unfair to landlords. Both landlords and tenants can abuse the system and do.

Purchase and sale agreement 106

Purchase and sale agreement Residential Closing Pre-approval 106

Broke Agent Media

JANUARY 12, 2023

ChatGPT—the newest AI that’s making headlines—can help you reclaim the time you spend writing listing descriptions, social media content, emails for your clients and prospects, scripts for videos and phone calls, blogs and web copy for your website, and everything you do that involves putting your thoughts into words. Source: ChatGPT.

Agents 98

Agents Title As-is Marketing 98

Marco Santarelli

OCTOBER 18, 2023

In this blog post, we will show you a list of popular survey sites that pay the most. Top 10 Survey Sites that Pay the Most in 2023 1. Opinion Outpost Opinion Outpost is a straightforward and user-friendly survey site with over 2 million members and a Trustpilot rating of 4 out of 5.

Technology 52

Technology As-is Marketing 52

The Close

DECEMBER 21, 2022

To help you decide, we created this review that takes a deep dive into Agent Crate’s pricing, design and copy quality, and features for 2023. Agent Crate is a real estate marketing company that offers real estate salespeople customizable templates for social media posts, email, print marketing, videos, and blogs. The Close Score 4.6

Design 59

Design Agents Branding Land 59

Toronto Realty Blog

DECEMBER 16, 2022

This is the sixteenth seasonal sign-off for me on Toronto Realty Blog, and every time I do this, it feels like the last version was just a little bit closer behind. Trust me when I say that I remember all my blog friends and foes. TorontoRealtyBlog. Didn’t we just do this? Is life moving in fast-forward, or is it just me?

Agents 73

Agents As-is Industrial Marketing 73

Toronto Realty Blog

APRIL 5, 2023

So when we’re talking about $1,400/month basement apartments in prime areas like Riverdale, High Park, or Trinity Bellwoods, there are going to be all sorts of inquiries on the property. ” You don’t get people calling on your $3,000/month rental offering $1,500, but it happens in the low-low end.

Marketing 75

Marketing As-is Sales Investor 75

Toronto Realty Blog

JANUARY 11, 2024

And anybody with a renewal in 2023 felt the pain. In actual fact, most believe that 2025 will the “year of reckoning,” since the 0.25% Bank of Canada key interest rate began in 2020, and an overwhelming majority of borrowers elect to take a 5-year fixed-rate mortgage, above all else. My threshold is 5%.

Fixed-rate mortgage 73

Fixed-rate mortgage Banks Mortgages Construction 73

Toronto Realty Blog

OCTOBER 25, 2023

I have penned several blogs this year on TRB about properties listed “over and over,” so today’s post is seemingly nothing new. But I want to use the TRREB data, namely the “average 416 sale price” from selected months to examine how, where, or how some of these listings could be poorly priced.

Sales 79

Sales As-is Marketing Agents 79

The Close

AUGUST 8, 2023

Most of those “secret” mastermind groups now have tens of thousands of members, but only a handful of posts per month. Real Estate Rockstar Agents Year Founded: 2014 Number of Members: 46,900 Posts per Month: ~200 Private or Public: Private Self-promotion Allowed? Of course, today, Facebook is a very different place.

Agents 98

Agents Closing Industrial As-is 98

Toronto Realty Blog

JANUARY 29, 2024

And, alright, maybe it’s not one hundred percent literal, but a market change like the one we’re experiencing now doesn’t happen in a month or a week. Holdover buyers from the 2023 fall market are reading this right now with disdain. It happens in mere days. It happens, seemingly, overnight. It’s a condo.

Marketing 81

Marketing Agents Sales As-is 81

Toronto Realty Blog

FEBRUARY 1, 2023

TorontoRealtyBlog If it’s fair to draw just one conclusion from Monday’s blog post, it would be this: maintenance fees have increased substantially throughout the downtown core over the last decade. As I showed you on Monday, I wrote blogs about this way back when. Blog reader Daniel wrote: Very good point!

As-is 98

As-is Property Management Renovation Land 98

Realty Biz

APRIL 9, 2023

The early 2023 median sale price of a home in Tucson was at $310,000, which is a good bit lower than Arizona statewide. Team Integrity Founder Aaron Wilson leads a team of real estate superheroes who’ve collectively outrun all other area businesses in terms of sales (358 in the last 12 months), and perfect reviews (almost 1,000 on Zillow).

Due diligence 72

Due diligence Branding Agents Sales 72

Toronto Realty Blog

FEBRUARY 24, 2022

I was 5-years-old. It should come as no surprise that I love writing blog posts in trilogies. 5% down, rental guarantees, property management and no closing costs (whereas here new pre-con closings costs are like 8% of purchase price). . We had a dubbed copy on Beta-Max that we watched religiously. Who doesn’t?

Closing costs 142

Closing costs Development Land Investor 142

Toronto Realty Blog

NOVEMBER 10, 2023

The Bank of Canada did away with that and instituted a minimum 5% down payment, as well as a 20% down payment for properties over $1,000,000. Investors used to be able to buy properties with only a 5% down payment. A one-percentage-point drop to 5 per cent would ease the payment shock, but only to 63 per cent.

Mortgages 78

Mortgages Principal Banks Loans 78

Toronto Realty Blog

NOVEMBER 29, 2023

Maybe they’re the multi-million-dollar developers who sell and build condos for a living and I’m just a cynical blog-writer? If this is “one year” from the actual closing , which can take place eight, twelve, or twenty-four months after occupancy, then we’re on to something here.

Construction 74

Construction Sales Purchase and sale agreement Development 74

GeekEstate

SEPTEMBER 23, 2022

As a result, months of supply from new construction is >400% that of resale units! Appreciation in 2023. Some might correct by 5-10%. Crash appeared first on GeekEstate Blog. In the last 10 years, home builders have been busy. But, housing supply doesn’t have a cartel like oil suppliers have OPEC. Decreasing supply.

Construction 62

Construction New Construction Lending Equity 62

The Close

DECEMBER 15, 2022

If you want to crush your 2023 business goals, you need to have a solid marketing plan that you will stick to throughout the year. We’ve laid out a plan of action for each month so that you’ll know exactly which marketing activities you should be focusing on. Download the 2023 Real Estate Marketing Calendar. Real estate is one.

Marketing 105

Marketing Branding Agents Land 105

Toronto Realty Blog

JUNE 2, 2023

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? Raise your hand if you remember buying a house over $1,000,000 with only 5% down? Raise your hand if you remember buying an investment property, at any price, with only 5% down?

Banks 71

Banks As-is Marketing Mortgages 71

Toronto Realty Blog

APRIL 24, 2023

Today, I have to think the “luxury” market starts at $3,000,000, and even then, some might have a hard time accepting a 4-bed, 5-bath house in Riverdale for $3,100,000 as anything even approaching “luxurious.” We saw 118 luxury listings in January of 2023 versus 135 in January of 2022. in January 56.4%

Marketing 72

Marketing Sales As-is Design 72

Toronto Realty Blog

JULY 6, 2023

No more heading over to the shop and praying that there aren’t six guys sitting inside, reading a newspaper from last month, all waiting their turn. And yet only four months later, the house sold for $1,200,000 in competition. increase in value in four months. The property is listed for $1,788,000 on March 29th, 2023.

Agents 81

Agents Brokerage As-is MLS 81

Toronto Realty Blog

FEBRUARY 13, 2023

A nine-month closing? ” But can you see a problem with a 9-month closing? ” Toronto Star February 5, 2023 Thanks to blog readers Ace Goodheart, Different David, and JL for pointing this article out. Then when the calendar turned to 2023, they listed for $999,000 and finally sold for $950,000.

Marketing 84

Marketing Renovation Closing Construction 84

Toronto Realty Blog

JULY 17, 2023

So let’s look at the statistics through the first half of 2023 and get a sense of how the data tells the story. From 1,703 units in 2021 to 1,409 units in 2022 down to a paltry 604 units in 2023. Again, we’re at the mercy of listings when it comes to sales, but you can’t deny that hte market started slowly in 2023.

Marketing 70

Marketing Land Sales Agents 70

Toronto Realty Blog

DECEMBER 12, 2023

TorontoRealtyBlog I made a very important decision before writing today’s blog. Today, I came into this blog post with a goal: Only register a 5 out of 10 on the Cynicism Meter. Require banks to reach out to homeowners four to six months in advance of their mortgage renewal to inform them of affordability options.

Mortgages 83

Mortgages Banks Finance Principal 83

Marco Santarelli

MARCH 31, 2023

In this blog post will analyze mortgage rate predictions for next week and what it means for buyers and sellers. According to Bankrate's weekly poll of mortgage experts, 50 percent of respondents believe that rates will go down in the coming week (March 30-April 5). Mortgage Rate Predictions for the Next Month?

Mortgages 52

Mortgages Fixed-rate mortgage Banks Lending 52

Toronto Realty Blog

MARCH 10, 2023

Prices will level out a few months later—provided the Bank of Canada is done raising interest rates. ” Neutral: “Prices will level out a few months later.” to -6% in Alberta and -5% in Newfoundland and Labrador. .” We think activity will hit bottom sometime this spring. Sales have rebounded!”

Title 83

Title Banks Sales Construction 83

Realtor.com

DECEMBER 20, 2022

Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Last month, Federal Reserve Chair Jerome Powell said the COVID-19 pandemic market had been in a “housing bubble.” nationally in 2023.

Marketing 113

Marketing Construction Investor New Construction 113

Toronto Realty Blog

MARCH 20, 2023

Because when I look at the number of active buyers I have right now, all of whom have zero options on the market, and I think of how many buyers the 72,000 other agents in the GTA must have on their roster, I can’t see any reason why prices don’t escalate in the next 3 1/2 months. decline takes us to $726,500 this past month.

As-is 83

As-is Closing Marketing Sales 83

Toronto Realty Blog

AUGUST 21, 2023

Three months pass, and the the closing date is here! Then a month. ” In this blog post, I summarized a few court cases that proved, once and for all, that if a buyer simply decides to walk away from a firm purchase, and the seller re-sells the property for less , then that original buyer is liable to make up the difference.

Purchase and sale agreement 77

Purchase and sale agreement Finance Closing Brokerage 77

Housing Wire

OCTOBER 17, 2023

Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the best real estate lead generation websites for 2023. per month plus $249.95 per month plus $249.95

Land 444

Land Brokerage Agents Branding 444

Broke Agent Media

APRIL 1, 2023

I asked ChatGPT to write this blog for me, but it spat out pure garbage. Maybe by the summer, it will learn my voice, and I won’t have to write these every month (JK, I LOVE these). For content, you could do what we said last month : “Here are the best bars to watch the Final Four in.” Same as last month.

Agents 96

Agents As-is Finance Design 96

Toronto Realty Blog

JULY 4, 2022

Did you just stumble upon this blog for the first time? Well, now you found this blog! Having said that, the fall real estate market is just around the corner, the summer market is taking shape, and both of these markets will likely help determine what 2023 will look like. increase, month-over-month, after a 7.3%

Sales 83

Sales As-is Banks Marketing 83

The Close

DECEMBER 13, 2022

To help you crush your marketing goals in 2023 and beyond, we worked with top-producing broker and coach Sean Moudry to put together a real estate marketing plan template that can serve you for your entire career. How to Use This Marketing Plan Template to Crush Your 2023 Goals. Blogging 2 10 hours $400 0 NA. Related Article.

Marketing 122

Marketing Branding Agents Design 122