Toronto Realty Blog

FEBRUARY 15, 2024

This is a quarterly feature here on the Toronto Realty Blog and I’m having trouble believing that the last time we worked through these numbers, the summer had ended and it was just after Labour Day. But are listings up? Is vacancy up? Why do leases spike in July every year? Now here we are in the thick of winter.

Marketing 74

Marketing As-is Closing Sales 74

Toronto Realty Blog

APRIL 1, 2024

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. What could they possibly come up with? Young renters, Billy & Susy, knowing that the apartment they’re competing for was leased for $1,750 in 2017. Alas, the 2024 national budget.

Banks 85

Banks As-is Mortgages Marketing 85

GeekEstate

OCTOBER 20, 2022

Once a vacancy is filled, TurboTenant can be used to set up online rental payments, along with automatic payment options and late fees. Landlords also have access to online lease agreements, electronic signatures, document management, maintenance requests, expense tracking, and rental accounting. Learn More.

Property Management 125

Property Management Investor As-is Marketing 125

Toronto Realty Blog

OCTOBER 12, 2023

Here’s the very first comment: Why is it, in the last 20 yrs pretty much anything and everything that is perceived to be negative ends up having stories written about it as having negative impacts on some peoples mental health. Prices are up, no doubt about it. According to Rentals.ca: Average 1-bedroom Toronto rental up 1.1%

Marketing 88

Marketing As-is Days on market Construction 88

Toronto Realty Blog

APRIL 5, 2023

TorontoRealtyBlog We have a basement lease coming out this week. I get calls from people who are new to the country and have no jobs in place, begging to lease the property. But as a landlord, how can you lease to somebody who has no income? In the end, only one person leases the place. Do you know what that means?

Marketing 75

Marketing As-is Sales Investor 75

Toronto Realty Blog

MAY 12, 2023

TorontoRealtyBlog As you can imagine, I receive a lot of emails from the blog readers. Even though it’s completely anonymous (so long as you can think up a clever moniker), not every reader wants to share his or her story in the comments section on TRB. She signed the Offer To Lease and she had some tenants!

As-is 85

As-is Property Management Title Agents 85

Yardi Marketing

FEBRUARY 13, 2023

When he joined the company in 2014, Towne was dependent on ILS advertising for leads and leases. Towne’s property sites didn’t have online leasing yet. When Towne shifted its strategy to include online leasing via RentCafe websites, it realized its property websites convert leads at a better rate than ILSs.

Marketing 59

Marketing As-is 59

App Folio

NOVEMBER 13, 2020

The pandemic has had a big impact on renters’ attitudes when it comes to what they expect from leasing and property management teams during their housing search. It has also rapidly sped up the property management industry’s shift towards digital technology. . Tips for Streamlining Your Leasing Experience.

Property Management 128

Property Management Technology As-is Marketing 128

Toronto Realty Blog

AUGUST 24, 2022

When there’s an article about the “unfair” housing market and a would-be buyer is profiled and says, “I’ve made 28 offers on houses over the last two years, and have come up empty,” that buyer is ignoring the common denominator: himself. So just how many condos are being leased over asking ?

Marketing 96

Marketing As-is Sales Development 96

Toronto Realty Blog

NOVEMBER 9, 2022

The Toronto Realty Blog logo used to say, “By David Fleming” underneath, but we removed that years ago. Sad as they are, here are the most common landlord misunderstandings when it comes to the Residential Tenancies Act… Landlord Misunderstanding #1: When a one-year lease ends, the tenant isn’t expected to leave.

As-is 81

As-is Residential Agents Marketing 81

Toronto Realty Blog

APRIL 20, 2022

b) Running into the endzone during an epic game of pick-up football at the park. She was probably doing an early-season personal best , and why mess all that up just to help some random moron laying on his lawn, tangled up in orange extension cords from the Shop-Vac and the leaf-blower? Units Leased. Absorption Rate.

Marketing 83

Marketing As-is 83

GeekEstate Agents & Brokers

AUGUST 18, 2022

Today’s showcase: Dwellsy] With rent prices getting higher than most tenants can keep up and an application process for good units that feels more like applying for a job than a place to live, renting these days is tough. The post A Fee Free Rental Platform appeared first on GeekEstate Blog. Learn More.

Property Management 103

Property Management Residential Agents 103

Louisville Homes

JANUARY 8, 2022

Ask the leasing agent or apartment manager how they use your credit score when they are making a decision about your approval. The co-signer should understand what they are signing up for. Read and Understand the Lease Carefully . It’s not fun but it’s critical you understand what you are signing up for.

Agents 98

Agents As-is Closing Residential 98

Toronto Realty Blog

JUNE 1, 2022

Case in point: did you ever think we’d see the day where there’s an “offer date” for a property listed for lease ? Yes, the very same offer dates we see with properties listed for lease, with the Brokerage Remarks reading, “Offers Reviewed On Tuesday, May 4th At 12:00pm.” I sure didn’t.

Title 98

Title Agents As-is Banks 98

Toronto Realty Blog

OCTOBER 19, 2022

Folks, let me start today’s blog post by saying the following: I am going to take some heat for writing this. Much of what we discuss pertains to statistics, whether it’s listings, leases, or the absorption rate, or how this impacts the resale market. Let’s say that I have a property listed for lease.

Pre-approval 87

Pre-approval Pre-qualification Agents As-is 87

GeekEstate

AUGUST 15, 2023

Once you are behind on your tasks, all you can think about is how you’re going to catch up, so automating those tasks or finding other ways to outsource them, is the first step toward real expansion and growth. It can streamline a number of tasks that typically eat up time in your day.

Property Management 52

Property Management Technology Investor As-is 52

Toronto Realty Blog

OCTOBER 17, 2022

” But here you are, dripping salty slush from your winter boots on the porcelain tile, bundling up to go back into the cold, and you’re being asked about July ? We listed the property for lease on the Thursday before the long weekend, and by Friday, we had five offers. So hard to fathom! What can I say?

Marketing 94

Marketing As-is Agents Land 94

App Folio

JULY 20, 2020

The next best thing to in-person tours, virtual showings are a great tool for leasing agents, especially for prospects who aren’t quite ready for in-person showings or are moving from a different area. You should also think about ways you can spruce up the space, like adding indoor plants, new light fixtures, or anything to make it stand out.

Technology 116

Technology Property Management Staging As-is 116

GeekEstate

FEBRUARY 3, 2021

Robert – I make up the other side of the coin as co-founder of BetterBot, in a not so distant past life, I helped built several successful Multifamily businesses such as ApartmentGuide.com, Rentals.com, RealEstate.com, RentWiki/RentAdvisor, and LivePerson. What problem does your product/service solve? What’s next for you?

Industrial 89

Industrial Development Design As-is 89

App Folio

MAY 19, 2020

COVID-19 has rapidly sped up the property management industry’s shift towards digital technology. With social distancing and stay-at-home orders, the industry has reached a tipping point, in which technology is now a requirement to carry out leasing processes safely and effectively. . Use an AI Leasing Assistant. Now with 82.3%

Property Management 105

Property Management Technology As-is Industrial 105

Toronto Realty Blog

SEPTEMBER 18, 2023

The McCoy’s who lost the trial over the hog, ended up killing the star witness who testified on behalf of the Hatfields. You can’t make this up. With their 12-month lease now in its last month, the landlord and her agent reached out to the tenants. The feud actually began after a dispute about a hog. Yes, a hog.

Agents 84

Agents Residential As-is Mortgages 84

Toronto Realty Blog

NOVEMBER 29, 2023

Or is this the case of forcing bar patrons to line up outside a nightclub when the club inside is one-quarter full? Maybe you can come up with a better analogy for me? It’s like the last scene in Boiler Room where Vin Diesel tells Giovanni Ribisi, “That’s right, shut the f*ck up, that’s all you had to do.

Construction 74

Construction Sales Purchase and sale agreement Development 74

Realty Biz

JANUARY 26, 2023

When you sign a lease agreement to rent a property, the landlord will ask for what is called a rental bond. In this blog post, we will explain what rental bonds are and what they mean for tenants. A rental bond is a sum of money paid by tenants as security when they sign a lease agreement and move into a dwelling.

Due diligence 84

Due diligence Lending Residential As-is 84

Toronto Realty Blog

JUNE 9, 2021

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. But does the overall market data back that up? Or was it just our clients that seemed to be leasing out units? ” Yes. Any idea why

Marketing 93

Marketing As-is Closing Investor 93

GeekEstate

AUGUST 25, 2020

[Note from the editor: Originally published on Thomvest’s Blog ]. In most cases, there is a leasing component to commercial property ownership (which is the main revenue-generating activity), whereas in residential real estate properties are often owner-occupied. Every property is analyzed for its ability to generate income.

Commercial 98

Commercial Technology Marketing Residential 98

App Folio

AUGUST 21, 2020

Although the impact will differ from market to market, owners and operators of multifamily property should understand how inbound leasing demand is changing in 2020. In this article, we’ll look at some specific pricing, lease concession , and revenue management strategies to help multifamily investors succeed in today’s market.

Property Management 108

Property Management Investor Principal Technology 108

App Folio

OCTOBER 8, 2020

Here are a few of the most important takeaways from our conversation: Make the Most Out of Leasing Demand. Of those who are looking to move, leasing demand for studio and one-bedroom apartments is increasing in most major markets. When can they sign a lease? Be sure to take five minutes to research your prospect via Google.

Property Management 116

Property Management Branding Technology As-is 116

App Folio

JULY 13, 2020

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume. To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals.

Property Management 105

Property Management Technology As-is Marketing 105

Toronto Realty Blog

DECEMBER 8, 2020

Having already started my “End of 2020” blog-themed posts on the side, I don’t want to spoil the surprise here, but we will be dedicating a good section to exploring the 2020 condo market. Today, I want to pick up where we left off with the August TRREB stats and see how 2020 finished up with respect to condos.

Marketing 92

Marketing Investor Sales As-is 92

GeekEstate

JULY 24, 2022

RentSpree provides an all-in-one platform that covers everything from marketing and screening to lease-signing, payments and nurturing leads. The agents who come out on top will develop and nurture relationships with renters well before they end up buying a home. As a result, consumers are also subjected to an inferior experience.

Property Management 130

Property Management Technology Staging Agents 130

Toronto Realty Blog

JANUARY 22, 2024

Thankfully , here on the Toronto Realty Blog, we’re not bound by the same “rules of attraction” that govern social media. No, here on Toronto Realty Blog, we can do things slowly. It was posted for lease in November and closed in December. Now, the house is up for $635,000. We can take our time.

Banks 69

Banks Sales Marketing MLS 69

App Folio

DECEMBER 28, 2020

However, when the country suddenly shut down in March due to COVID-19, these same businesses realized virtual tours were no longer a ‘nice to have’, but an absolute necessity for maintaining their leasing operations. During the past year, leasing has been the most challenging workflow for property management companies to carry out remotely.

Industrial 98

Industrial Property Management Technology As-is 98

GeekEstate

SEPTEMBER 20, 2022

RentBase : An all-in-one platform helping residential real estate automate their leasing workflow and discover sales within their rentals. Residently : Simplifies renting a home by building a world where renters can find their next home months in advance of a move, secure it and set it up – all within minutes. REGISTER NOW.

Inspection 119

Inspection Property Management Technology Agents 119

Toronto Realty Blog

APRIL 14, 2023

I said that we were going to see a lot of crazy happenings once again, and a friend said, “I can’t wait to read about this on your blog.” ” So I laid down a challenge right then and there: send me your crazy happenings and we’ll see how many we can come up with by week’s end. Can’t miss it.”

Agents 80

Agents MLS As-is Marketing 80

GeekEstate

MAY 6, 2021

Peek – New York, NY: An end-to-end solution for virtual-first leasing. MotoRefi helps car owners save up to $100 per month on their car payments. The post Moderne Ventures Announces 2021 Passport Class appeared first on GeekEstate Blog. MotoRefi – Arlington, VA: Transparent autorefinancing.

Commercial 87

Commercial Construction Residential Technology 87

Toronto Realty Blog

SEPTEMBER 27, 2023

TorontoRealtyBlog It may come as no surprise to you that I receive a lot of feedback on these blog posts. I just received this email: Hey David, A long time lurker on your blog and audience to your Pick5 videos. The feedback is everything good, bad, and in between. Then there are lots of questions as well.

Marketing 82

Marketing Land Sales As-is 82

GeekEstate

NOVEMBER 30, 2021

Whether it is amid initial lease-up or annual compliance, owners and renters alike have historically faced slow and painful processes rife with uncertainty and risk. The post Meet The Real Estate Tech Entrepreneurs: Christine Wendell and KC Crosby appeared first on GeekEstate Blog. What problem does your product/service solve?

Development 113

Development As-is Marketing 113