The Canadian Real Estate Association says home sales climbed 2.2 per in December compared with November as they recovered from a dip following the introduction of new mortgage rules
Two markets, two diverging paths
Are you guilty of this cardinal sin? Vince LaFiura outlines what he says is the worst thing an agent can do.
Housing bubble fears are overblown says bank chief… Canadians spend more on renovation than new homes… Toronto’s condo construction is still booming… Canadian investors putting their money south of the border…
Agents are pointing to the value they offer in refuting a surprising claim; namely, buyers are more attracted to private listings than traditional ones.
Even agents in Canada’s priciest markets will be green with envy when they hear just how high prices have risen for something as small as 200 sq.-ft. in NYC – and that’s without marble countertops and hardwood floors.
It’s Saturday morning in the city and on this one day alone 253 home auctions will see 81 per cent of those properties sold. Paperwork will be signed, and agents will have earned their commissions in a few short weeks. At two per cent, those commissions will be well below the Canadian average even though the agent has worked with both buyer and seller. This isn’t Toronto or Vancouver or any city in this country yet. It’s Sydney, Australia. But could this trend, starting to take root in Canada, destroy our industry?
He has a full-time job, sells real estate in the afternoons and evenings, and is building a growing clientele. This is how Eric Chan juggles a day job, rude agents and working his network to get new business.