Toronto Realty Blog

APRIL 5, 2023

You’re aware of where I’m going with this, and it’s not that I’m intentionally trying to sound unsympathetic, but rather it sheds some light on how tough our rental market is in Toronto. Wherever the “lower end” of the market is, you’re going to have the most people looking to transact.

Marketing 75

Marketing As-is Sales Investor 75

Toronto Realty Blog

APRIL 1, 2024

That’s how I’ve felt about the 2024 national budget for the last few weeks, and while the budget won’t be released until April 16th, I’m already anxious about it. I want to try not to make this blog post political since it’s supposed to be about the newly-announced Renters Bill of Rights. ” Yes.

Banks 86

Banks As-is Mortgages Marketing 86

Toronto Realty Blog

JUNE 9, 2021

The sale prices in this building have been significantly impacted as a result of the “stigma,” but the rental prices have not. Last year, my team listed over thirty condos for lease which was about triple the volume we usually handle. So far this year, I’ve only listed five or six condos for lease.

Marketing 94

Marketing As-is Closing Investor 94

Toronto Realty Blog

FEBRUARY 24, 2022

How the hell was I supposed to know who a Libyan was? TorontoRealtyBlog. What’s the best film trilogy of all time? Many of you are going to say Lord of The Rings , and that’s fair, although I consider that to be the same movie divided into three. Any Clint Eastwood fans? ” Indiana Jones , perhaps? .” The Matrix ?

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Closing costs Development Land Investor 142

Toronto Realty Blog

OCTOBER 27, 2023

While I have a very lengthy and somewhat contentious blog post lined up for next week, let’s first take a look at some stories from the week that are now in the rear view mirror… The Weird Gets Weirder It’s a difficult market out there and many agents don’t know how to work within it. Wait, hold on.

Brokerage 75

Brokerage Agents Construction MLS 75

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. How Smart Investors Find the Best Places to Invest in Real Estate in 2022. How to Analyze Cash Flow Real Estate Investments + Attract Investor Clients. Those who’ve found real success in real estate will tell you that you have to hustle to make that money.

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Agents Investor Property Management Development 105

Toronto Realty Blog

DECEMBER 10, 2021

” I mean… – On another note, I literally don’t know how somebody can be this stupid: – Okay, okay, enough jokes. How about something serious, like maybe a look back at “Mortgage Comments” on MLS listings in the 1990’s? TorontoRealtyBlog. The best I’ve seen in a long, long time.

MLS 89

MLS Staging Mortgages Agents 89

Toronto Realty Blog

SEPTEMBER 18, 2023

But how many of you have heard of the Hatfields & McCoys? TorontoRealtyBlog The Montagues and the Capulets did not like each other. In fact, if we’re being completely honest, we could use the word “hate.” Nonetheless, Romeo & Juliet is still fiction. I’m sure you’ve all head of Romeo & Juliet.

Agents 84

Agents Residential As-is Mortgages 84

Toronto Realty Blog

APRIL 19, 2023

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. 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 just got to my desk.

Agents 80

Agents Title search As-is Closing 80

Toronto Realty Blog

AUGUST 10, 2022

I’m not gonna lie; I was thinking about today’s blog topic when I woke up this morning. If I asked you right now, “Name three songs that feature whistling,” which are the first three that would come to mind? I believe I came up with the title while I was brushing my teeth. Patience , by Guns N Roses. I was eight !

Inspection 77

Inspection Agents MLS Sales 77

Toronto Realty Blog

JULY 4, 2022

Hey, how are you? Did you just stumble upon this blog for the first time? Well, now you found this blog! The same can be said as we meet here on TRB today with the first-half of 2022 in the rear-view mirror, trying to look at the road ahead in our Toronto real estate market. TorontoRealtyBlog.

Sales 83

Sales As-is Banks Marketing 83

Toronto Realty Blog

DECEMBER 7, 2020

One reader commented last week that the November condo numbers in the 416 would “not be pretty.” I’ve been waiting to look at rental figures, since I think that’s having a massive effect on the overall condo market. ” That reader was correct. Those were tough times, no doubt.

Sales 81

Sales Marketing As-is Land 81

Toronto Realty Blog

APRIL 22, 2022

TorontoRealtyBlog. Those of you who are not currently working in the real estate industry probably aren’t familiar with the publication, “Real Estate Magazine,” or REM as we know it. REM’s “About Us” section reads: REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals.

Land 86

Land Development Construction Investor 86

The Close

MARCH 1, 2022

They’re also a great way to build relationships with the most influential people in your community and in your market. How Parkbench Helps Agents Drive Community Connections (Even During a Pandemic). Consistently generating real estate buyer leads is what sets successful agents apart, especially early in their careers. Related Article.

Agents 116

Agents MLS Closing As-is 116

GeekEstate

AUGUST 4, 2022

Members of the GEM (“Geek Estate Mastermind”) have access to original strategic analysis, a weekly digest to stay in the proptech know, private highly curated events, and a private forum complete with over 220 long-form essays in the archives. Want to get involved? Apply here. — Drew Meyers. Or Agassi from FlipOS.

Purchase and sale agreement 112

Purchase and sale agreement Technology Brokerage Agents 112

Toronto Realty Blog

DECEMBER 14, 2022

I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Believe it or not, this is the eighth year I’ve been working with this format; the top five blogs followed by the top five posts. 3) Market Frustration.

Development 81

Development Purchase and sale agreement As-is Marketing 81

Toronto Realty Blog

DECEMBER 19, 2023

We all know how that goes. It’s just really, really hard to describe an entire year’s blog posts or an entire year’s real estate stories in a standard blog-post length. This is likely more subjective than the top five blog posts , but then again, we run into many of the same themes over and over.

Pre-approval 83

Pre-approval Construction Development Agents 83

App Folio

FEBRUARY 11, 2021

With the knowledge of our experts, we want to help our audience understand: How digital experiences impact your leasing success. With the knowledge of our experts, we want to help our audience understand: How digital experiences impact your leasing success. When you’re in real estate management, customer service is the job.

Property Management 109

Property Management Technology Industrial As-is 109

Toronto Realty Blog

MAY 27, 2024

I want you to think, for a moment, of the Toronto real estate market and construction industry as a field of fictional Tiberium in Command & Conquer. I want you to think, for a moment, of the Toronto real estate market and construction industry as a field of fictional Tiberium in Command & Conquer. You remembered. What then

Pre-approval 82

Pre-approval Land Construction Development 82

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. ” “Did I hear that another kid in his daycare was sick?”

Marketing 98

Marketing As-is Land Brokerage 98

Toronto Realty Blog

DECEMBER 15, 2021

Looking back at previous iterations of this feature, my stomach churns a little as I remember each topic vividly. And with each of these topics, I could pick one and literally tell you how my senses felt… 2015: Urbancorp “stealing” their condos back. 4) Refusal To Accept Market Reality. 1) The Pandemic.

As-is 97

As-is Marketing Title Agents 97

Toronto Realty Blog

OCTOBER 17, 2023

” The market has changed, as we all know, but many sellers and listing agents are not changing with it. There are certain condos in the downtown core which, in a red-hot market, absolutely should be listed at a low-price, with an offer date, as a matter of strategy. ” He suggested we wager, and I agreed.

Marketing 85

Marketing Sales As-is Brokerage 85

Toronto Realty Blog

JANUARY 6, 2021

– 4) What is going to happen in the downtown condo market? I was on CTV Your Morning last Thursday to discuss the 2021 real estate market, and it’s never easy to get meaningful points across, over five or six questions, in a mere four minutes. 416 Condos: November, 2019: $659,855. “ Rough ride.”

Fixed-rate mortgage 119

Fixed-rate mortgage Banks Lending Mortgages 119

HomeLight

MAY 8, 2024

Whether you need to sell your house quickly or lack the resources to prepare it for listing, Denver cash home buyers can be a straightforward option compared to the traditional market. Denver has added thousands of new residents in recent years thanks to its pleasant weather, strong job market, and proximity to the mountains.

Proof of funds 107

Proof of funds Due diligence Investor Agents 107

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. The first offer was from a young woman in her early 20’s, not quite “qualified” enough financially to carry the condo (GDS ratio around 42%), but with her mother co-signing for her.

Marketing 78

Marketing Investor As-is Agents 78

Toronto Realty Blog

JANUARY 23, 2023

TorontoRealtyBlog Remember when the market was red-hot, there were 15-20 offers on every listing with an “offer date,” and listing agents got fed up with buyer agents calling and asking about the price expectations? Do a comparative market analysis. We started to see listing agents put disclaimers in their listings.

Marketing 91

Marketing Agents Sales MLS 91

Toronto Realty Blog

JUNE 7, 2021

Would you read some random real estate agent’s biased blog? I suppose I had never really thought about how a completely novice, uninformed individual would start to educate him or herself, and where they would turn. “Hardly Anybody Is Buying Condos In Downtown Anymore.” It makes no sense. Absolutely none.

Sales 96

Sales Marketing As-is Agents 96

Toronto Realty Blog

JANUARY 1, 2022

Well, maybe Thursday’s blog was a mouthful. All that time off over the holidays without an outlet for my thoughts – both about real estate, and not, and you had to know that the first blog back in January would be lengthy. It’s blogs like these that often make me feel guilty of being unoriginal, however.

Construction 101

Construction Investor Equity Land 101

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! How can I sum all this up succinctly and have it make sense? I did something really odd the other day. Wait, back up. I did something really odd the other day. ” Wait, back up.

Marketing 79

Marketing Agents Due diligence As-is 79

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! 1) The Market. 1) The Market. 4) Rental Market. 4) The 2017 Market. 3) The Rental Market. 2) Government Intervention & Politics Affecting The Market.

Purchase and sale agreement 84

Purchase and sale agreement As-is Marketing Banks 84

Toronto Realty Blog

AUGUST 25, 2021

I took her and her roommate around the city in 2007 when they wanted to upgrade their current rental, but as she’ll laugh about today, “We were such a waste of your time! The condo market has not been kind to us! . “You’re not going to throw away $36,000 in after-tax dollars on rent every year.”

As-is 98

As-is Finance Principal Development 98

Toronto Realty Blog

NOVEMBER 9, 2020

Let’s start a thread in the comments section for “How Long Have You Been On TRB?” ” I would love to hear from you guys, if for no other reason than to know how much we’ve grown together over the years. How about the regulars? Why am I wondering how long people have been around? But they did.

Sales 93

Sales Investor Construction As-is 93

Toronto Realty Blog

JULY 6, 2022

One of the younger agents in our brokerage lamented the other day, “I can’t believe my rental client was just rejected for the third time!” ” Such is the state of the downtown Toronto rental market right now, at least, from what I’m hearing. So how many people are renting this condo?

Marketing 82

Marketing Pre-approval Agents As-is 82

Toronto Realty Blog

NOVEMBER 21, 2022

I remember his thick Greek accent, his massive hands, his never-ending supply of white short-sleeve dress-shirt, and the cologne he seemed to think needed to be poured so thick onto his skin that it actually eeked into his soul… I was living on King Street in Hamilton while attending McMaster University. It was 1998. Their parents.

Property Management 85

Property Management As-is Investor Agents 85

Toronto Realty Blog

MAY 16, 2022

Let’s say a developer is building a 100-unit condo. Let’s say the developer is selling these condos for $1,000 per square foot. Let’s say the developer is selling these condos for $1,000 per square foot. It’s tedious. I’m also tired of being humble. And modest. This was 2017, I believe.

Construction 89

Construction Pre-approval Purchase and sale agreement Development 89

Toronto Realty Blog

NOVEMBER 27, 2023

TorontoRealtyBlog I’ve been hearing about “the market crash” since before I even started to sell real estate back in 2004, but if there’s been one consistent theme throughout my two decades in the industry, it’s that people have a fixation with this idea of a major collapse. It was almost $1,200,000 last year.

Title 69

Title Debt-to-income ratio Banks Mortgages 69

Toronto Realty Blog

NOVEMBER 11, 2020

It seems we spent more time on Monday’s post talking about how long the readers have been on TRB than actually discussing the level of market saturation that exists in many downtown condos, but that’s okay. Today, I want to run the same exercise as Monday, but this time for rentals. So thank you! Crickets.

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Investor Construction As-is Development 97