Notorious ROB

MARCH 16, 2022

I think I’ll try to address this in more detail and in more depth in a future post, but I just wanted to say how great it is that Sean Black, the founder and CEO, was so completely transparent about what went down in a lengthy post on his personal blog: Knock’s Wild Ride from $2B to $220M in 12 Months. In this insane market.

Equity 52

Equity As-is Marketing 52

Toronto Realty Blog

MARCH 8, 2021

The Toronto real estate market in the month of February absolutely obliterated several very notable records, not the least of which is price. But then again, after the month we just had, maybe, just maybe, it made perfect sense after all. month-over-month increase. Not by three, or four, or five. And if so, when ?”

Sales 122

Sales Marketing As-is Agents 122

GeekEstate

SEPTEMBER 16, 2020

Hopefully you’ve learned to take it in stride and adjust your business model when necessary in order to continue hitting your goals each month. After a massive halt in March and April due to COVID-19, pending home sales, listings, and solds have continued to increase month-over-month, showing that buyers are back in the market.

Fixed-rate mortgage 108

Fixed-rate mortgage MLS Agents Mortgages 108

Toronto Realty Blog

JUNE 29, 2022

8) The buyer has moved to Mars. So let’s now introduce a concept called anticipatory breach , which I wrote about on my blog in full back in 2019, HERE. Maybe a week, maybe a month. As Bal wrote in Monday’s blog, not every seller is going to litigate. on May 24th, 2019. Any ideas, folks?

Closing 108

Closing Purchase and sale agreement As-is Sales 108

Toronto Realty Blog

MAY 18, 2022

Perhaps this could have been included in Monday’s blog as a third tenet, except that this isn’t “new legislation,” nor is it going to kill condominium development. Now having said this, the actual point of today’s blog was supposed to be about development charges in the city of Toronto. Well, 48.8%.

Development 87

Development Purchase and sale agreement Land As-is 87

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. The average number of sales in April, from 2012 through 2019, was 10,160. Slowly but surely.

Title 68

Title Sales As-is Marketing 68

A Student of the Real Estate Game

MAY 20, 2020

Here’s what I predicted in a blog post on March 22nd. Delinquency at our stabilized deals will jump from 1-3% to 10-50% and vacancy will grow from 4-8% to 10-30% over the next 3-4 months. During the heart of the pandemic, collections have been nearly in-line with 2019. . New leasing will come to a screeching halt.

Closing 69

Closing 69

Toronto Realty Blog

NOVEMBER 8, 2021

But for myself, my wife, and my 5-year-old and 20-month-old, the experience was beautiful! ” Have you ever seen a 20-month-old child run, full-speed, downhill? I think December 1st is the acceptable date, and if you really want to stretch it out, then November 25th, or one month of lead-up to Christmas, is fine.

Sales 91

Sales MLS Marketing As-is 91

Kyle Handy

JANUARY 2, 2023

Create an email newsletter 8. Create a blog 30. You can hire a bookkeeper, which will run you around $300 per month, or learn how to do your bookkeeping and use a tool like Quickbooks Online. For 2019, the standard mileage rate is $.58 Build out Facebook Business and Google Business pages 3. Attend local events 5.

Agents 105

Agents As-is Finance Inspection 105

Toronto Realty Blog

OCTOBER 5, 2020

But before we delve into that delectable dish of BS, a brief refresher, or two, is needed… Were you reading Toronto Realty Blog in 2014? I wrote about this on my blog, and the s**t hit the fan. The anticipated repair projects include: 2019. 5) The interest is payable each month. TorontoRealtyBlog. will be drawn.

Loans 89

Loans Construction Agents As-is 89

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.” The national RPS HPI is likely to fall another 8% by the third quarter from fourth quarter levels—with markets in B.C. Sales have rebounded!”

Title 83

Title Banks Sales Construction 83

Toronto Realty Blog

JUNE 21, 2021

When it comes to monthly TRREB data, there’s always a stat or two that might not entirely line up with what I had experienced in the previous month, but for a major statistically-backed trend to come as a surprise is quite rare. appeared first on Toronto Realty Blog. Case in point: home ownership rates in Canada are increasing.

Pre-approval 105

Pre-approval Construction MLS As-is 105

Toronto Realty Blog

MAY 31, 2023

per month mortgage fee there’s principal and there’s interest. But there was a near 8% ROI and the unit was cash flow positive so it didn’t cost the young hockey player anything out of his pocket. This unit sold one month ago. Shall we look back at……say… 2019 ? per month.

Fixed-rate mortgage 14

Fixed-rate mortgage Principal Investor Mortgages 14

Toronto Realty Blog

JUNE 8, 2022

Let’s start today’s blog post with another quote. This past week, the Canadian Mortgage & Housing Corporation announced that it was placing a ceiling of 8% on any gain or profit on a property purchased through the “First Time Home Buyer Incentive Program,” but also an 8% cap on any losses.

Equity 85

Equity Mortgages Design As-is 85

GeekEstate

DECEMBER 22, 2020

Two startups launched in the past eighteen months have seen early success. Block , launched in early 2019, has raised $21.5 Currently, with a small team and six months under its belt, Outfit already has hundreds of customers on the waitlist and influencers already reaching out to partner. Anthony Carrino, host of TheBuild.TV

Renovation 91

Renovation Construction Staging Design 91

Toronto Realty Blog

OCTOBER 27, 2021

Last week, we had a listing for a 1-bed, 1-bath condo, priced at $2,395/month, that produced two very competitive offers. They didn’t have the best credit but they offered all twelve months in rent up front. However, let’s not forget that you need that money to actually pay your mortgage every month!

Marketing 77

Marketing Investor As-is Agents 77

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?

Sales 96

Sales Marketing As-is Agents 96

GeekEstate

JUNE 16, 2022

I was previously the Cofounder and CEO of Spacio, the industry-leading open house lead gen solution that was acquired by HomeSpotter in 2019. Companies are using eWebinar to run over 100 webinars every single month without a live host. The post Meet The Real Estate Tech Entrepreneur: Melissa Kwan appeared first on GeekEstate Blog.

Industrial 122

Industrial Technology Closing Sales 122

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 2019 : 5) Prices. – Wow, I really knocked it out of the park in 2019! And lots of links to blog posts in each section too. TorontoRealtyBlog. Yes, I do that.

Purchase and sale agreement 83

Purchase and sale agreement As-is Marketing Banks 83

Toronto Realty Blog

SEPTEMBER 7, 2023

Now, let’s run through our next six questions, keeping in mind that some of these are worth a multi-part blog series, but we need to address them in an expedient manner… 5) Will we actually see the fallout from increasing interest rates? Even if mortgage delinquencies doubled , we’d still only be back to 2019 levels.

Marketing 80

Marketing Land Development Banks 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. Call me biased, but I see 2021 looking a lot like 2019. ” But is it?

Marketing 98

Marketing As-is Land Brokerage 98

Toronto Realty Blog

AUGUST 16, 2021

Anywhere from $8 to $5,000. If you found your 1984-85 O-Pee-Chee Steve Yzerman rookie card in your mother’s basement and sent it to PSA for grading, if the card came back graded a PSA-8, then you’ve got a card worth about $200. To $60,000, to $70,000, and within three or four months, to $100,000. Is that a bubble?

Sales 97

Sales As-is Title Marketing 97

Toronto Realty Blog

JANUARY 15, 2024

Early prediction: January of 2024 will see the fewest sales EVER in a month of January. The “First Time Home Buyer Incentive” or FTHBI was launched in September of 2019 to much fanfare. This policy was introduced in September of 2019. And what was that thing that happened in October of 2019? Or Rob Ford?

MLS 71

MLS Agents Pre-approval Brokerage 71

Toronto Realty Blog

AUGUST 16, 2023

Really, and truly, this blog story is an example of: Anything that can go wrong, will go wrong, and at the worst possible time… Mickey and Mallory are clients of mine that underscore the true meaning of the phrase “clients for life.” blog story, so that’s good too. ” Famous last words? It was perfect!

Purchase and sale agreement 89

Purchase and sale agreement Title Inspection Closing 89

Toronto Realty Blog

SEPTEMBER 5, 2023

Two trips up to cottages (one family, one friend), a return to Deerhurst for the first time since 2019, more parks, play centres, and attractions than I can count, plus the C.N.E Statscan said these declines coincided with the Bank of Canada’s resumption of monetary policy tightening in June, after a five-month pause.

Marketing 80

Marketing Banks As-is Agents 80

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).

Purchase and sale agreement 98

Purchase and sale agreement Residential Land Renovation 98

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. In my December eNewsletter, I wrote the following: “December is going to be a very slow month, in my opinion. And thankfully I did because the second-highest total in the month of December came way back in 2009. TorontoRealtyBlog.

Sales 70

Sales Marketing Agents As-is 70

Boom Town

DECEMBER 18, 2018

Moving into 2019 the #1 buzz in the biz is undeniably the shifting market. 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. Existing home sales increased slightly in October 2018 after 6 months in a row of decreases.

Agents 58

Agents Marketing Staging Sales 58

Toronto Realty Blog

OCTOBER 13, 2020

When my car was infamously stolen from my driveway at 2am one night in the summer of 2019, taken for a joyride, subsequently crashed into the wall of a fire station, and “totaled,” because I am a complete and utter creature of habit, I replaced this car with the exact same one. appeared first on Toronto Realty Blog.

Purchase and sale agreement 72

Purchase and sale agreement Inspection Closing Banks 72

Toronto Realty Blog

JANUARY 25, 2021

Average or median prices can change a lot from one month to the next and paint an inaccurate or even unhelpful picture of price values and trends. Each month, the MLS HPI uses more than 15 years of MLS System data and sophisticated statistical models to define a “typical” home based on the features of homes that have been bought and sold.

MLS 94

MLS As-is Sales Marketing 94

Norada Real Estate

FEBRUARY 4, 2021

During the latest twelve months, the Houston appreciation rate was nearly 2.61%, and in the latest quarter, the appreciation rate was 1.33%, which annualizes to a rate of 5.45%. The forecast by Zillow also points in the same direction — a rise in home values over the next 12-months. This indicates that the prices will rise in 2021.

Days on market 98

Days on market Land As-is Marketing 98

Norada Real Estate

FEBRUARY 3, 2021

Average Rental Property Income: $1,259/month. As of January 2021, the average rent for an apartment in Henderson, NV is $1326 which is a 0.98% increase from last year when the average rent was $1313, and a 0.68% increase from last month when the average rent was $1317. Rental rates in Pioneer Park are around 1300 dollars a month.

Investor 66

Investor Industrial As-is Commercial 66

Toronto Realty Blog

SEPTEMBER 8, 2022

Wow, y’all went all out on last Friday’s blog! Maybe you go from paying $1,650 per month, of which $950 is principal and $700 is interest, to $900 in principal and $750 in interest. So that $1,650 per month payment needs to increase to $1,800 to cover principal and interest at the higher rate.” August 31st.

Marketing 91

Marketing Fixed-rate mortgage Banks Principal 91

The Close

JANUARY 25, 2022

Want to know which homeowners are the most likely to sell their homes in the next 12 months before they start reaching out to agents so you can market to them? Not only did Joe gain leads, but he also gained a strong relationship with Jeannemarie that ended up in a referral for a $13 million listing that closed in February 2019.

Marketing 136

Marketing Branding Closing Agents 136

Notorious ROB

DECEMBER 29, 2022

And he did appear in the 2019 edition of this list. As a reminder, this video illustrates part of what makes Sharran such an amazing person: Back in 2019, here’s what I wrote about Sharran: He is one of the most inspirational people I have ever met, but one who is 100% grounded in business realities. Ishay Grinberg, Rental Beast.

MLS 98

MLS Brokerage Branding Industrial 98

Toronto Realty Blog

JANUARY 8, 2021

– 8) Whatever happened to that government-backed shared-equity mortgage? This is how I felt in 2019 when the Liberal government announced this ridiculous shared-equity mortgage, or “First Time Home Buyer Incentive,” as they called it. Expect banks to tread cautiously in the early stages of 2021. Tony Della Sciucca.

Equity 95

Equity Mortgages Lending Banks 95