It’s easy to go down a rabbit hole of analysis about how COVID-19 is impacting the market and what comes next. If we cut through the noise, we can see there are absolutely going to be winners and losers in real estate over the next few months. Most of it is out of our control, but there are a few ways in which you can make sure you aren’t negatively impacted by our new reality.
A house in Toronto sold in late January, 2020 for a full $1M over asking price. Without a doubt, there is a huge opportunity for certain properties right now. Here’s three questions about your home. If you answer yes to any of the three, it’s time to sell.
When we look at what’s happened to prices in the last year and what’s expected to happen this year, the cost of waiting to buy is huge. How huge? In Toronto, it costs you about $300 a day.
Whenever a deal falls through, there is short window of opportunity for a buyer to come in with a firm offer to get the property at a great price. Here’s some examples of when that happened.
Understanding when a list price isn’t working – and why – is a crucial skill for a listing agent. That knowledge can be used to get the sale back on track. Make no mistake, there is a right way to lower your listing price – and a wrong way.
Increased interest in smaller urban areas, less value attached to parking spots and the rise of non-traditional homes. 2020 is going to see some interesting changes in real estate!
If we understand that there is no “one” market, it means that there are buyer opportunities in certain areas, certain housing types and certain price points. Here’s where those opportunities are right now.
If luck is when preparation meets opportunity, then bad luck must be when lack of preparation meets a threat. Here’s three examples of bad luck in real estate – and how to avoid them.
There's no rule that sellers and their agents need to hire a professional photographer to take photos of the home. It's a good idea, but not a rule. Here's what happens when no professionals are involved.
