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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

Pricing real estate is an art and science. When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. We also need to know how to have a price reduction conversation with our clients since pricing for homeowners can be emotionally driven.

Agents 77
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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. and prices are down 1.7% Inventory is low and prices are high, but that situation is not going to remain true forever. from this time last year.

Investor 116
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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

Forget about the fact that most of these “new” listings are re-lists from last fall, but the fact that my gut instinct is not to scroll down and look at the specs, but rather to see if this property is truly new or a re-list, tells you all you need to know about the quality of inventory out there. Any new developments?

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How to Know When a Recession Has Started

Realty Biz

At the end of August, the government updated its economic numbers for the U.S. economy’s performance in the April-June quarter. The update confirmed what it had reported last month: That the economy shrank for two straight quarters. Six months of economic contraction is a widely held but informal definition of a recession.

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Increasing Development Charges Will Drive Condo Prices Higher!

Toronto Realty Blog

GAA in 2005-06, and his save percentage dropped from a fantastic.918 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. May I please use a sports analogy here? Nobody thought the NHL would lose a season.

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Federal Government Promises: A Surefire Way To Heat Up The Market!

Toronto Realty Blog

If you’re not cutting public services, then you’re raising taxes. There’s 13% HST buried in the purchase price. I argued on live television that if the government really wanted to “make housing more affordable,” the easiest solution would be less taxation. Houses and condos are more affordable.

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The 19 Best Real Estate Prospecting Letter Templates for 2022

The Close

For this article, we pulled together 19 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more. Dear [First name], Timing the real estate market to sell your home quickly and for the best price can sometimes be more art than science. Related Article.