Toronto Realty Blog

APRIL 23, 2021

You all remember “Cruel Summer” as Bananarama’s 1983 smash hit, and while it only made its way to #8 on the U.K. And more now than ever, after thirteen months in a pandemic, we deserve a kind, merciful summer. Again, probably the lowest number of sales in the month of May since the 1990’s. 2,975 sales.

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Title Sales As-is Marketing 68

HomeLight

MAY 16, 2022

Article on Ryan’s website mentioned in this episode: 8 Best Coffee Shops in Raleigh. Well, consider this: Ryan says they get between 20 and 30 leads per day, depending on the month. And Ryan says 85% of their business comes from SEO from blogging and content marketing. I started the website, started the blog.

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Branding Due diligence Agents As-is 97

Lab Coat Agents

DECEMBER 31, 2020

Originally Featured On The Follow Up Boss Blog. Start a blog. I have had the best month in my four year real estate career so far in October. A millennial goes to 8 to 12 different sites before they pick up the phone and talk to an agent. What do they do when they get to 8 to 12 of those sites? Door knocking.

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Agents As-is Marketing Sales 98

Toronto Realty Blog

JUNE 29, 2022

Back in 2017 when the market changed, I consistently received phone calls from media members asking, “Do you have any clients that have bought firm and are now ‘stuck’ because they can’t sell their existing home? 8) The buyer has moved to Mars. Maybe a week, maybe a month. Any ideas, folks? Then what?

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Closing Purchase and sale agreement As-is Sales 108

Toronto Realty Blog

JANUARY 13, 2021

About 52 per cent of respondents see home prices rising over the next six months, according to a survey by Nanos Research Group for Bloomberg News. Well, whether you’re reading every post on Toronto Realty Blog or simply browsing newspaper headlines, I think you’d conclude that 2020 wasn’t kind to the condo sector.

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Sales Pre-approval Fixed-rate mortgage MLS 69

HomeLight

DECEMBER 31, 2020

He had trouble attracting tenants with decent credit and rental histories, so after the house sat empty for a few months, he relaxed his criteria and got a tenant. Everything seemed OK for three months, and then the problems started: late rent, excuses, and finally, a drawn-out eviction. At the time, he owed around $80,000.

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Equity Investor Closing costs Property Management 83

Redfin

AUGUST 30, 2022

Boston Tourism Made Easy , a sightseeing blog, explains what makes the Boston Tea Party Museum so great. During the warmer months, Evan recommends checking out the Swan Boats, riding the carousel, and checking out the Frog Pond. 8) Boston Harborwalk. Global Viewpoint Travel Blog , recommends learning about Boston on foot.

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As-is Land Marketing Residential 62

Toronto Realty Blog

NOVEMBER 4, 2020

I was called in to price a King West condo this week, and has been the theme here on TRB over the last two months, the data that I provided to the sellers did not line up with their expectations. appeared first on Toronto Realty Blog. I feel for these folks, I really do. Should they stay there for the next year and wait this out?

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Sales As-is Marketing Agents 54

Toronto Realty Blog

JUNE 7, 2021

Would you read some random real estate agent’s biased blog? This is less than March and April, which were the #1 and #2 months for sales in the history of TRREB. But it’s more than the post-pandemic average, and more than every month since last summer, save for Feb/March/April of this year. Where would go turn to?

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Sales Marketing As-is Agents 96

Toronto Realty Blog

DECEMBER 16, 2020

Not only are my fingers tired from writing Monday’s blog, but also from hand-writing three-hundred Christmas cards! Top Five: Real Estate Stories of 2017 : 5) International Real Estate. 4) The 2017 Market. And lots of links to blog posts in each section too. TorontoRealtyBlog. Cards and envelopes!

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Purchase and sale agreement As-is Marketing Banks 83

The Close

JANUARY 9, 2024

Showami will boost new agents (Showing Assistants) so they can get a showing within the first few months. Methodology Since becoming a licensed agent in 2017, my career journey has given me a unique vantage point in the industry. Eastern Time) Be aware of your representation with your clients—have an agency agreement in place!

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Brokerage Agents Land Closing 109

Toronto Realty Blog

JULY 18, 2022

Not fifty basis points like they did previously, not seventy-five basis points like they teased that they ‘might’ last month, but rather a full one-hundred basis points, the likes of which many of us have never seen. on July 15th, 2015 and remained there until July 12th, 2017, when the rate increased to 0.75%. Full point!!!

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Banks Lending Land As-is 95

HomeLight

OCTOBER 20, 2020

8-6: Real Estate Sales Disclosures. Disclosure statement requires owner to disclose human death by homicide or suicide onsite, as well as felonies committed on the property; that occurred within the past 12 months, per statute 43-4-44. Information in this blog post is meant to be used as a helpful guide, not legal advice.

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Marketing Agents As-is Probate sale 109

Toronto Realty Blog

JANUARY 11, 2021

I want you to remember this blog post, and where you first heard what I’m about to say. It was the same feeling I had in early 2017 when I said, “Something is up. In my December eNewsletter, I wrote the following: “December is going to be a very slow month, in my opinion. TorontoRealtyBlog. I was dead wrong.

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Sales Marketing Agents As-is 70

Toronto Realty Blog

FEBRUARY 7, 2022

The average home price in Toronto in December of last year was $1,157,849, which was the second-highest of all time, trailing only the previous month, November, which was $1,163,323. in a single month. in a single month, so don’t take this blog post as any sort of grandstanding. improvement we saw in 2017.

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Sales Marketing As-is Closing 101

Toronto Realty Blog

SEPTEMBER 5, 2023

Statscan said these declines coincided with the Bank of Canada’s resumption of monetary policy tightening in June, after a five-month pause. But to print headlines reading, “Toronto Home Prices Drop 8% Last Month” will be misleading, as it always is. August is a depressed month. The contraction was led by a 2.1-per-cent

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Marketing Banks As-is Agents 80

Toronto Realty Blog

SEPTEMBER 7, 2021

When I look back at how COVID has affected the Toronto real estate market over the past eighteen months, I’m amazed. To see the August, 2021 average condo price check in at $720,832, which is more than the month of May, is downright shocking. We went from “this is the end” to “the sky’s the limit.”

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Marketing As-is Land Brokerage 98

Toronto Realty Blog

NOVEMBER 27, 2023

We saw the market retract in 2008, 2017, and 2022. While we have seen 4-6 month periods of cool markets, and periods of hyper-appreciation followed by periods of decline, I think it’s fair to say that those calling for the “crash” back in 2004, or 2007, or 2011, or 2016, were proven exceptionally incorrect.

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Title Debt-to-income ratio Banks Mortgages 69

Toronto Realty Blog

SEPTEMBER 29, 2023

But as for the most common mistakes that sellers make before, during, and after closing, here are the ten I have witnessed most often… 10 Leaving the lockbox and ‘FOR SALE’ sign up for weeks, if not months As I will explain in the next point, leaving the lockbox on the property for the day of closing is essential.

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Closing Property Management Agents Sales 71

Toronto Realty Blog

MARCH 6, 2023

I could have called this blog post, “Don’t Call It A Comeback,” but I’ve used that before. I remember in 2017 when the market stopped moving in April and we started to see properties not selling on offer nights and being re-listed. By the end of the month, we were all saying, “The market is back.”

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Sales Marketing As-is Agents 78

Toronto Realty Blog

JANUARY 11, 2023

If I get fined, I’ll post a copy here on Toronto Realty Blog for all to see. And according to the article, Vancouver has brought in $32 Million in tax revenue since the implementation of its one-percent vacancy tax in 2017. After Three Months, I Came Back To Toronto” Toronto Life. I’m going to take a stand.

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Development Land As-is Construction 87

Toronto Realty Blog

JANUARY 18, 2023

properties which were unoccupied for six months or more during the previous calendar year). 5 months owner occupied plus 2 months vacant plus 5 months being renovated, would still be classified as a vacant dwelling and require a tax payment since no single use lasts the minimum six months).

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Purchase and sale agreement Residential Land Renovation 98

Marco Santarelli

AUGUST 17, 2020

It can show you the properties that just hit the market and the ones that have sat for months, nearly guaranteeing the sellers will take any reasonable offer. There are free articles, podcasts, and blogs. The final number represents the money you have left to spend per month. Best Real Estate Website – Redfin.com.

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Purchase and sale agreement Investor Land MLS 116

Toronto Realty Blog

JUNE 26, 2023

Not only that, the lyrics to a very famous Andy Samberg song, the title of which isn’t appropriate for this blog, also spoils the ending. This paragraph, by the way, is from a “BMO Economics” publication from last month, which you can read in full HERE. and forty months left on the mortgage.

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Construction Title Mortgages Industrial 73

Toronto Realty Blog

AUGUST 27, 2021

In 2016 or 2017, whenever that show appeared, I got really, really into painting. I was assigned the trumpet in Grade-6, but by Grade-8, I still couldn’t play a single note properly. – Remember last month when I featured basement movie theatres ? appeared first on Toronto Realty Blog. More memorable too.

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MLS As-is Industrial 85

Toronto Realty Blog

OCTOBER 13, 2020

I didn’t use it for the first couple of months. Then one special, magical day, I ended up on Sirius XM 8. “80’s on 8” and “90’s on 9” have become a part of me, every day, in the car. Read a 2017 blog post of mine on this subject, titled “What the heck is an Escape Clause?”

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Purchase and sale agreement Inspection Closing Banks 72

HomeLight

AUGUST 19, 2022

The years 2017 to COVID represented a normal, healthy market.”. In the past six months alone, mortgage rates have doubled — going from 3% to almost 6%. My 8-year-old could have sold a house in that real estate market.”. They have to do the open house, take great photos, and blog about it — they have to do their jobs again.”.

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Marketing Agents Mortgages As-is 106

Boom Town

DECEMBER 18, 2018

In August 2018, the YoY increase in median home price dropped below 6% for the first time of the year, and rate-of-increase decelerated for the 5th month in a row. In 2017, 16 out of the top 45 markets saw double-digit price gains and that number reduced to 5 out of the 45 markets this year. 4% , reaching about the same levels in 2017.

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Agents Marketing Staging Sales 58

Norada Real Estate

FEBRUARY 4, 2021

For example, Hurricane Harvey flooded more than a hundred thousand homes in August 2017 which kind of froze the Houston real estate market. By the time 2017 drew to a close, buyers closed on 3.5% The forecast by Zillow also points in the same direction — a rise in home values over the next 12-months. year over year.

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Days on market Land As-is Marketing 98

Toronto Realty Blog

JUNE 23, 2021

Pre-pandemic 2020 comes to mind, as does 2017. We’ve seen the market slow down over the past three weeks as the red-hot first five months of the year closed out, and we now find ourselves in that transition period after May-24 weekend and July, where the spring market is just concluding before the summer market begins.

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As-is Marketing Closing Investor 90

Lab Coat Agents

APRIL 8, 2021

In 2016 and 2017, Ron’s team closed 533 and 470 transactions, respectively, without following the conventional sales advice. Anyone you interact with regularly (even if that just means once every couple of months), for example, your hairstylist, accountant, doctor, dentist, even your bank teller. Become active in the community.

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Agents As-is Marketing Sales 98

HomeLight

OCTOBER 20, 2022

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes, not legal advice. Traditionally, only about 7%-8% of homeowners go the solo route in selling their homes. Typical costs for renting furniture for staging range from $500 to $600 per room per month. For Sale By Owner (FSBO).

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Purchase and sale agreement Pre-approval Inspection MLS 108

Toronto Realty Blog

JANUARY 29, 2021

March 9th, 2020, I wrote this blog: “February TREB Stats: Chaos Is A Ladder” The market did feel, by definition, chaotic. Offers due at 7:00pm and by 8:15pm, I heard from the agent. We saw problems with appraisals quite a bit in 2017 and 2018, so could we see this happen again in 2021? ” Everybody?

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Marketing Pre-approval Agents As-is 103

Toronto Realty Blog

NOVEMBER 16, 2020

But as I’ve written about as recently as last month, I’m logical, rational, and I believe in function over form. Our 8-year-old, cream-coloured sectional couch from the condo? I’m honest to a fault, and for some, that’s a little too honest when they’re hoping to hear what they wanted to hear.

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Design As-is Renovation Sales 65

Toronto Realty Blog

FEBRUARY 16, 2021

And when they list a property for sale, they have no idea how the market may have changed from last week, last month, or even last year. Here’s a story that’s a bit of a tangent… Years ago, probably back in 2015, a colleague of mine had a condo listing early in the year, but she really hadn’t been active for months.

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MLS Agents Brokerage As-is 95

HomeLight

AUGUST 27, 2020

The first-time homebuyer credit was a provision under HERA, where qualifying individuals and couples could receive a tax credit if they were purchasing a new primary residence home between April 8, 2008, and September 30, 2010. Earn enough money per month so the mortgage payment isn’t more than 31% their take-home pay. USDA loans.

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VA loan FHA loan Loans Closing costs 57

HomeLight

FEBRUARY 26, 2021

DISCLAIMER: As a friendly reminder, this blog post is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. If your tenants are month to month, you can choose to give them notice to vacate. “If Owning a rental property is great… until it’s not. What’s the monthly rent?

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Purchase and sale agreement Investor Sales Agents 92