Toronto Realty Blog

APRIL 22, 2024

The first condo I ever sold was for $246,500. The first condo I ever sold to a first-time buyer was for $216,900. Two weeks ago, I wrote a blog post about the new Freed Residences, where studio condos were being pre-sold for upwards of $2,300 per square foot. I remember it vividly. That included the furniture.

Pre-approval 78

Pre-approval As-is Construction Marketing 78

Toronto Realty Blog

SEPTEMBER 26, 2022

Last week, I took a buyer client to see two condo townhouses for sale in the same complex. Listed at $799,900 with an offer date, it meant that the seller and the listing agent were setting up for multiple offers, and in a balanced market like ours, many buyers don’t want to play that “game.” TorontoRealtyBlog.

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Sales Agents As-is Marketing 94

Toronto Realty Blog

APRIL 12, 2023

TorontoRealtyBlog I sold a house last weekend which I can only describe as a “feel-good deal.” For those that think real estate is going to be bought and sold by A.I. For those that think real estate is going to be bought and sold by A.I. But it was sold conditionally. A deal is the point.”

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Agents Renovation Closing Sales 68

Toronto Realty Blog

JULY 27, 2022

For those who played along in last Thursday’s blog, thank you for trying! How could none of you guess that? It’s Rainbow Sherbert. That’s my favourite type of Baskin Robbins ice cream. But I’ll give you credit, you guys tried! Rocky Road. Cookies ‘n Cream. Mint Chocolate Chip. Rum Raisin. Bubble Gum. Mango Tango.

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Sales MLS Marketing As-is 105

Toronto Realty Blog

MAY 11, 2022

I can already hear the complaints about this blog post on the real estate Facebook groups. Or another agent takes me to task for divulging the terms and conditions of an offer night, in full, in a blog post? Or another agent takes me to task for divulging the terms and conditions of an offer night, in full, in a blog post?

Marketing 92

Marketing Sales Closing As-is 92

Toronto Realty Blog

NOVEMBER 14, 2022

Plus, I had a special guest blog planned for Monday, but somebody decided to stretch their guest blog into an 8,000-word short story, and we’ll have to leave that for next week or the week after. What does ridiculous mean? Then again, examples are always worthwhile. ” I read the article twice. Ridiculous.

Purchase and sale agreement 81

Purchase and sale agreement Brokerage Agents Finance 81

HomeLight

MARCH 23, 2023

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. But no matter the timing, experts agree that it’s important to identify some essential cooperative actions that can lead to a successful sale. Who will pay the mortgage, property tax, and insurance?

Short sale 86

Short sale Sales Agents Inspection 86

Marco Santarelli

OCTOBER 23, 2023

If you are looking for cheap homes for sale in California , you might be wondering if it is possible to find any properties under 50k. There are still some options available if you are willing to compromise on size, location, or condition. How to Find Homes Under 50k in California? Where to Find Homes Under 50k in California?

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Due diligence Banks Short sale Sales 52

HomeLight

OCTOBER 17, 2022

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you’re about to sell or buy a house in Georgia, you may be wondering what sort of information the seller is required to disclose about the property. When transferring real estate in the U.S.,

Purchase and sale agreement 94

Purchase and sale agreement Due diligence Earnest money deposit Inspection 94

Toronto Realty Blog

APRIL 17, 2023

I can tell you every house we offered on, what we offered, and what it sold for.” Except that once he started rattling off the dates, properties, and bids, I realized he wasn’t my kind of guy, since he and his fiancee were always offering just enough to ensure they lost. Maybe recall a few houses and what you offered?

Agents 93

Agents As-is Marketing Sales 93

Toronto Realty Blog

SEPTEMBER 22, 2021

Many of you have seen my now-infamous video of comparing pre-construction condo sales to buying pre-sale jeans. Oh, and the pre-sale jeans cost more than actual tangible jeans that are right in front of you. Case in point: how we price houses and condos for sale. TorontoRealtyBlog. Brains everywhere. Three of them.

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Agents MLS Sales Land 102

Toronto Realty Blog

AUGUST 11, 2021

And not so funny for those buyers who targeted the typically-slow August real estate market, only to find that prices have risen over the last several months and they’re right back where they started in March. In a red-hot market, we find that we simply can’t predict how high a potential sale price might be. Offers: 11.

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Inspection Finance Agents Closing 104

Toronto Realty Blog

JUNE 30, 2021

I understand the psychology of buying properties in Toronto and I’m fully aware of the emotional roller-coaster that buyers ride through the process. Two weeks into the listing, we sold conditionally for $580,000. The buyer was free to have his or her pick. In the end, our deal failed to materialize.

Purchase and sale agreement 119

Purchase and sale agreement Agents Closing Finance 119

Toronto Realty Blog

MAY 23, 2023

Which of the following questions, if asked over and over by buyer agents, would frustrate you the most: 1) “What is your seller’s price expectation?” ” 3) “What do you think the property is going to sell for?” For one, it’s not my job to educate buyer agents on market value.

Inspection 73

Inspection Agents Sales As-is 73

Toronto Realty Blog

SEPTEMBER 13, 2023

TorontoRealtyBlog Did I ever tell the story about how a colleague of mine, in her first year of real estate, sold a house to a homeless person? Believe it or not, I don’t have a never-ending bucket of topics for the blog. And when I’ve got a great topic or story for the blog, I do not want to forget.

Inspection 85

Inspection Agents As-is Banks 85

Toronto Realty Blog

JUNE 2, 2021

I’ve always strived to bring truth and transparency to Toronto Realty Blog, and while the readers and the general public have appreciated it for fourteen years, don’t ever underestimate the flak I take behind the scenes. I recently read that “In a perfect world, every offer made on a property would be conditional.

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Pre-approval Inspection Purchase and sale agreement Due diligence 97

Toronto Realty Blog

NOVEMBER 8, 2023

TorontoRealtyBlog I’m on an honesty streak of late, so let me admit the following: after choosing the title of today’s blog, I came to realize that I don’t actually know what the idiom, “grasping at straws,” refers to. This property was listed for $998,900 on September 20th…… with an offer date.

Brokerage 89

Brokerage Agents As-is Marketing 89

Toronto Realty Blog

OCTOBER 3, 2022

If a property came onto the market today for $599,900, you went to look at it, and you were quite interested, how much would you offer? Is this property in a hot location or building? ” Has it been re-listed before? And above all, how do you value the property? TorontoRealtyBlog. ” Of course it depends!

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Days on market Marketing Agents As-is 93

Toronto Realty Blog

AUGUST 13, 2021

I follow pretty much every sport there is because I’m a stats junkie, and I keep a 200-page book of statistics by my bed which is what I read at night when I can’t sleep. That book is comprised of printed Excel spreadsheets that I have made myself and continuously update. Sure, I’ve got all the big sports covered. Okay, sure.

Agents 124

Agents Sales As-is Closing 124

HomeLight

OCTOBER 7, 2022

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. You may be wondering how this will affect the process of listing and selling the property — or if it’s even possible to sell at all. What is an irrevocable trust? Check What Your Home Might Be Worth Now.

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Agents Sales Bankruptcy As-is 91

Toronto Realty Blog

AUGUST 2, 2023

TorontoRealtyBlog In my life, I have sold and closed on two properties that were a “primary residence,” and both times, I decided to welcome the new buyer with a kind gesture. First, I had the property professionally cleaned to a level that even my OCD-self would be impressed by.

Closing 76

Closing Sales Purchase and sale agreement Agents 76

McKissock

DECEMBER 14, 2021

Property appraisers don’t dictate what the value is. Find out how to become a property appraiser our free guide. So, this is a pretend sale between a typically motivated buyer and a seller. The property has to have been adequately exposed to the market. This pretend sale should be thought of in terms of U.S.

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Marketing Sales Finance Title 80

Toronto Realty Blog

FEBRUARY 19, 2024

You don’t want to hear about our recent east-side sale that fetched $200,000 more than it was listed at with another agent last fall. You don’t want to hear about our recent east-side sale that fetched $200,000 more than it was listed at with another agent last fall. And some of you are tired of that already?

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Marketing Sales Investor As-is 70

Realty Biz

OCTOBER 26, 2023

In this blog post, we will delve into the topic of real estate agent salaries, exploring the factors that influence earnings and providing insights into the average income one can expect. Real estate agents are licensed professionals who assist clients in buying, selling, or renting properties. What Does a Real Estate Agent Do?

Agents 73

Agents Brokerage Industrial Commercial 73

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. But can you blame them?

Brokerage 75

Brokerage Agents Construction MLS 75

Toronto Realty Blog

NOVEMBER 29, 2023

What does it mean when the real estate market is slow, prices have declined, pre-construction sales and prices are even more sluggish, and yet some pre-construction condominium developers in the midtown area are currently charging up to $2,000 per square foot? Is this the classic case of trying to sell a $20-bill for $25?

Construction 74

Construction Sales Purchase and sale agreement Development 74

HomeLight

DECEMBER 2, 2022

This is a very common scenario in Florida, primarily because it is a haven for retirees , who may need to sell their property quickly to move into a more supportive environment. Gainesville properties are also often willed to children who live out-of-state and who are unable or unwilling to manage the property from a distance.

Purchase and sale agreement 81

Purchase and sale agreement Closing costs Closing Investor 81

Marco Santarelli

APRIL 7, 2023

This blog post will explore the current state of the Vancouver housing market and what it means for both buyers and sellers. This means that buyers may have an opportunity to purchase a home in Vancouver at a lower price than in previous years. annual decrease and a 3.8% monthly increase. monthly increase and a 9.5%

Marketing 52

Marketing MLS Residential Sales 52

Toronto Realty Blog

JULY 26, 2023

A property is listed for sale on June 10th, 2008, with an offer date set for Jun 17th. An aggressive buyer submits an offer on June 11th before the scheduled offer date. When the market slowed down during the Financial Crisis in 2008, buyers stopped making bully offers. I’m not sure.

Agents 75

Agents Closing MLS As-is 75

Toronto Realty Blog

FEBRUARY 12, 2024

While some recent commenters here on Toronto Realty Blog might suggest that, whether it need to directly pertain to real estate, or not, it might be me who is the greatest hype man of all time. Having said that, I’ve been saving this blog post for a while now. TorontoRealtyBlog Whatever happened to the hype man ? Picture it.

Principal 87

Principal Investor As-is Marketing 87

Easy Agent Pro

APRIL 18, 2022

But if you’re in the real estate industry, this season can set the tone for the rest of your year—and your sales. More property availability means more people Google, post on social media, and attend open houses than any other season. The last reason is buyers’ state of mind. Weekly yard sale maps. That’s a 4200% ROI!

Marketing 124

Marketing Agents Sales As-is 124

Toronto Realty Blog

JUNE 15, 2022

I’m a routine type of guy. I know what I know and I like what I like. I get accustomed to certain ways, processes, and comforts, and to uproot all that would send me into a tizzy. Long-time TRB readers will recall the story of when my parents bought our house on Bessborough Drive in May of 1992. I knew every nook and cranny of that house.

Closing 75

Closing Purchase and sale agreement Pre-approval Agents 75

HomeLight

OCTOBER 20, 2020

So, how does that translate to “haunted” home sales in the real estate market? Ask top real estate agents who’ve sold homes with the worst stigmas and rumors attached and they say that selling a “haunted” house often lacks the drama, mystery, and fable of those manufactured fight nights.

Marketing 109

Marketing Agents As-is Probate sale 109

HomeLight

JUNE 16, 2023

Editor’s note: Processes, rates, and services from real estate companies can change based on market conditions, housing trends, changes in technology, and customer needs. That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions.

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Home sale contingency Staging Loans Closing 88

HomeLight

SEPTEMBER 1, 2020

But then, it went into foreclosure and didn’t sell at auction, so now it’s listed as an REO, or real estate-owned property. Not so fast: You need an REO buyer’s agent. Before you start shopping for distressed properties, you should know what you’re getting into. Why do you need an REO buyer’s agent?

Banks 85

Banks Agents Sales Short sale 85

Imagine Your House

MAY 27, 2021

You need to invest a lot of time, in particular, especially when it comes to meeting with potential buyers and negotiating prices. They are paid a commission that is about 6% of the property’s sale price. “Being educated on the home selling process is invaluable when selling a home for the first time.”

Staging 97

Staging Agents As-is Inspection 97

Louisville Homes

OCTOBER 9, 2020

Selling a property can often take a lot of time. But even less-than-great homes can be sold quickly if you know what you are doing. But even less-than-great homes can be sold quickly if you know what you are doing. Each experience will depend on: the owner, the property, the buyers, and the people you hire.

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Agents Inspection As-is Sales 105