Toronto Realty Blog

FEBRUARY 24, 2022

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). . I know it’s the Toronto Realty Blog but watch out here comes Canada’s sunniest city (aka Calgary).

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Closing costs Development Land Investor 142

GeekEstate

JANUARY 13, 2021

We interviewed Justin Fichelson from Avenue 8 in the second real estate tech entrepreneur interview of 2021. I’m the CEO and co-founder of Avenue 8, the only mobile-first real estate brokerage built expressly for modern agents. We’re really looking forward to expanding our footprint over the next 6 months!

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Brokerage Design MLS Agents 93

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 ?”

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Sales Marketing As-is Agents 122

The Close

OCTOBER 31, 2022

You must continue filling the top of the funnel in your lead generation process to avoid dry months without pay. Wyzowl’s 2021 State of Video Marketing Report reveals that 84% of respondents agree that using video helps with lead generation. The average incubation rate for online real estate leads is six to 24 months.

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Toronto Realty Blog

JUNE 22, 2022

The original article I referenced above, showings a 31% drop in “some areas” was based on a tiny sample size, on a month-to-month basis, for which I would never draw any conclusions, if it were me. You can’t look at a neighbourhood with 65 sales, and then 45 the next month, and say, “The market is down 25%.”

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As-is Marketing Sales Brokerage 83

Toronto Realty Blog

APRIL 24, 2023

I’ll save you the 2021 data, and instead, move on to the chart which shows the two years, 2022 and 2023, noted above, as well as 2021 for reference: Listings are down across the board, so this should come as no surprise. 18 units listed in January, 9 units listed in February and 8 in March. What’s more is the trend!

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Marketing Sales As-is Design 72

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%.

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Development Purchase and sale agreement Land As-is 87

RIS Media

MARCH 4, 2021

With the long winter of 2020/2021 nearly in our rearview mirror and vaccines rolling out at a breakneck pace, this year’s spring market is looking to be much more normal—and more active—than what we experienced last year. Agents, what are some other webinars and/or online trainings you’re considering taking on this month?

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Agents Industrial Brokerage Design 59

Toronto Realty Blog

APRIL 19, 2023

TorontoRealtyBlog It’s currently 8:45am. The thing about writing three blogs per week, going on seventeen years, is that when you have an idea for a post, you’ve got to sit down and write it. I didn’t realize it at the time, but it’s a blog-worthy story. ” So we set the appointment up for 8:30pm!

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Agents Title search As-is Closing 79

Toronto Realty Blog

SEPTEMBER 6, 2022

Let me drop my daughter off at school at 8:25am, arrive at the office at 8:40am, crack the lid on my Tim Horton’s coffee, and get to work ! Imagine being the would-be buyer who heard about 1.49%, five-year, fixed-rate mortgages in 2021, only to now find out that you’re looking at 5.79%? That’s a wake-up call!

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Marketing Banks Sales As-is 82

Toronto Realty Blog

APRIL 26, 2021

Wow, the first four months of the 2021 real estate calendar have flown by! And at the very same time, it seemed to last forever… Case in point: I went to look up a blog post that I wrote about a seller’s bully offer dilemma, thinking it was back in February, only to find it was on March 10th.

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Pre-approval Agents As-is Closing 101

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.

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Toronto Realty Blog

NOVEMBER 8, 2021

But for myself, my wife, and my 5-year-old and 20-month-old, the experience was beautiful! But in 2021, the world seems to be (I can’t believe I’m saying this…) a better place. ” Have you ever seen a 20-month-old child run, full-speed, downhill? Actually, that’s not quite true. The dog stayed home.

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Sales MLS Marketing As-is 91

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. And 2021 is going to be an absolutely massive year for me.”. A millennial goes to 8 to 12 different sites before they pick up the phone and talk to an agent. Door knocking.

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Agents As-is Marketing Sales 98

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. 5) The interest is payable each month. TorontoRealtyBlog. Lower Level Handrails – In progress. Lower Terraces/Balconies Repairs.

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Loans Construction Agents As-is 89

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. If you want statistics for 2021, your standards are too high. Houses doing get staged. How high?

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Pre-approval Construction MLS As-is 105

Toronto Realty Blog

JUNE 22, 2023

I pulled my right groin in December of 2021 when I was, for some reason, sprinting to try to beat my 5K time. ” “Got anything coming onto the market next month?” Doing so shows us a better picture of how the property types change by month: This is exactly what I suspected! of all sales are for condominiums.

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Sales As-is Marketing Land 85

GeekEstate

AUGUST 13, 2020

Redfin’s revenue increased 8% year over year to $214 million during the second quarter, as CEO Glenn Kelman remarked that the company “blew away” its quarterly targets. The company strengthened the balance sheet and improved its debt maturity profile by refinancing its 2021 unsecured notes with new 2025 senior secured second-lien notes.

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Equity Agents Brokerage Mortgages 100

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!”

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Title Banks Sales Construction 83

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. Fast-forward to 2021, and all of a sudden, the real estate market changes in an instant. But so far in 2021, it’s been different. appeared first on Toronto Realty Blog.

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Sales Pre-approval Fixed-rate mortgage MLS 69

Kyle Handy

MARCH 28, 2023

In this blog post, I’ll share 11 smart ways to find real estate leads on LinkedIn in 2023. LinkedIn’s total number of users as of early 2021 is 738 million. This doesn’t just apply to blog posts that you write. It’s easy to feel like you’re hitting a wall and not making progress.

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Title Branding Agents Sales 90

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

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. 4) The Boston Tea Party Museum. 7) The city’s food scene. .

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As-is Land Marketing Residential 62

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 84

The Close

DECEMBER 19, 2022

We rated Market Leader as our top choice for lead generation for several reasons, but perhaps the most important is that you are guaranteed a certain number of leads every month. If you still aren’t sure that this strategy is effective, consider this: in 2021, Caballero closed 4,671 homes, totaling $1.98 Related Articles.

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Agents Investor Property Management Development 105

The Close

DECEMBER 1, 2020

Best of all, LionDesk starts at just $25 per month. And even those sometimes take months to make a decision of when to list and whom to hire. That can include a text once a week, a call every two weeks with a market update, a meeting for coffee once a month, a mailer to their home, and so on. What will your former client say?

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Agents Investor Development Land 98

The Close

OCTOBER 16, 2020

Here’s the truth: Competition for leads online will only get fiercer in 2021. The brand-new designs from Placester are not only look gorgeous, but are highly customizable, very easy to use, work with your customer relationship management (CRM) software, and start at just $64 per month for National Association of Realtors (NAR) members.

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Agents Design Branding Closing 98

The Close

MARCH 1, 2022

According to the National Association of Realtors , more than half of all buyers in 2021 used either an agent who they knew or an agent who was referred by someone in their personal sphere. Unlike even the most effective email, a great postcard ends up on the refrigerator, keeping you top of mind for months to come. Visit Artur’In.

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Agents MLS Closing As-is 116

Toronto Realty Blog

JUNE 7, 2021

Would you read some random real estate agent’s biased blog? In 2021, we all suffer from information overdrive, but the larger problem is that the sea of difference between “fact” and “opinion” seems to be shrinking. Then last month, the price declined ever-so-slightly by 0.6%. I’m surprised.

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Sales Marketing As-is Agents 96

Housing Wire

NOVEMBER 16, 2023

Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers now make up 50% of all home buyers, up from 45% last year and a meaningful jump from 37% in 2021. For $54 a month, you get loads of trendy, ready-made templates for all the big platforms like Instagram, Facebook, TikTok and YouTube. The best part?

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Marketing Branding Design Agents 406

Toronto Realty Blog

SEPTEMBER 7, 2021

” Times have changed, most certainly, and whereas we used to think of the fall season and conjure up thoughts and images of fallen leaves, corn mazes, and pumpkin patches, we find ourselves here in 2021 where it’s all about who might have a cold. But what if we re-ran the numbers comparing February of 2020 to August of 2021?

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Marketing As-is Land Brokerage 98

Toronto Realty Blog

NOVEMBER 1, 2021

This is, after all, the Toronto Realty Blog. In September, we discussed the whopping 18.3%, year-over-year increase in average home price in Toronto, from $960,613 in September of 2020 to $1,136,280 in September of 2021. in seventeen months? September 2021: $485,200. September, 2021: $343,300.

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MLS Residential As-is Marketing 88

Toronto Realty Blog

NOVEMBER 27, 2023

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. Currently, that stress test rate is around 8 per cent.

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Title Debt-to-income ratio Banks Mortgages 69

Toronto Realty Blog

JULY 14, 2022

I turned down not one, but two offers to lease on a rental listing where the tenants were both offering all twelve months of rent up front! As I showed you in last week’s blog, “ How Is The Downtown Rental Market? TorontoRealtyBlog. I did something really odd the other day. Wait, back up. ” Wait, back up.

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Toronto Realty Blog

AUGUST 16, 2021

Fast-forward to 2021, and the entire sports-card industry has changed. In 2021, every card is encased in plastic and graded by a professional grading company. Anywhere from $8 to $5,000. To $60,000, to $70,000, and within three or four months, to $100,000. They had doubled in value inside of mere months!

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Sales As-is Title Marketing 97

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!

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Marketing Investor As-is Agents 77

GeekEstate

JUNE 16, 2022

HomeSpotter was acquired by Lone Wolf Technologies in 2021! Companies are using eWebinar to run over 100 webinars every single month without a live host. They bring in 20 students from townships 4x a year into their 6-month music program with the intention of connecting them with income-generating jobs afterward. It’s not!

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