Showing posts with label Condos. Show all posts
Showing posts with label Condos. Show all posts

Saturday, August 18, 2012

Is your plan adequate for retirement?

Have you considered where in Toronto you could live?

Are you where you want to be now?



Do you have everything you need?

Have you prepared and planned for the future?

Average People have Dreams and Hopes; Confidant people have Goals and Plans.

Let me help you get there.

My number is             647 218 2414      .


So there's my number Call me Maybe

Monday, May 14, 2012

Can you demonstrate your value?

How will you demonstrate your value proposition?




With the competitive nature of the Toronto real estate market, when Buyers or Sellers ask what you can do.... How would you respond?

Add your comments

Tuesday, April 17, 2012

What do you expect for $299? Toronto MLS


Are you getting the same services when you compare?

Introductory Meeting-1 to 2 hours (minimum $200)
Professional Appraisal Completion- 3 to 5 hours (minimum $400)
Listing Presentation-1 to 2 hours (minimum $200)
Professional Staging and Pre-List Preparation-1 to 3 hours (minimum $200)
Listing Data Verification and Signing-1 hour (minimum $100)
Listing Copy Writing and MLS uploading-2 to 3 hours (minimum $300 includes the mls processing fee)
Professional Listing Photography with Copyrights attached-1 hour(minimum $100)
Professional Photography Editing-1 to 2 hours (minimum $100)
Professional Feature Sheet Composition-1 to 2 hours (minimum $150)
Feature Sheet Production- one set of 25 (minimum $100)
Sign Placement- includes board and frame and disposable corner markers (minimum $50)
Professional Virtual Tour Production- 2 hours (minimum $200)
Website Upload- 2 hours (minimum $200)
Professional Agent Open House- 3 hours (minimum $300)
Professional Public Open House-4 hours (minimum $400)
Professional Offer Negotiations- 4 hours ( minimum $400)
Conditional Follow Ups- 2 hours (minimum $200)
Lawyer and Closing Follow Up-2 hours (minimum $200)
Additional incured upon each Offer Presentation= $800
Brokerage or Brand Open House- 3 hours (minimum $300)
Follow Up and Leads- 2 hours per week (minimum $200 per week)
Additional Public Open House- 4 hours (minimum $400 per Open House)
Advertisments in print- (Canadian average $300 per ad per week)
Magazine Advertising (varies with property value and reach of magazine)
Please note the above billing rate is only $100/hr. This rate is all inclusive covering non-variable hard operating expenses (about $60,000 per year) spread over a 2000 hrs per year allocation and labour.

An interesting conundrum....

Thursday, February 9, 2012

Our Vacancy Rate is 1%


With all the talk about Toronto Condo Bubbles, Housing Bubbles and all the informed conversations online about HOW the Real Estate and condo market in TO will collapse this year; I offer this simple answer.

Toronto has a vacancy factor of less than 1% Yes 1%

This article from Forbes magazine posts in very graphic fashion the vacancy factors in major US cities that have exceeded 14% and actually have broken the figures down separately for homes for sale. This is further impacted by the homes repossessed under foreclosure but not yet released for sale by the bank.


It was during my conversation with Tamara Dorris, a Sacramento Real Estate personality, a guest appearance on her BLOG TALK radio show that some misconceptions came to light.


Power of Sale properties in Toronto are actually far and few between; any new construction crane that you see is prepaid by 15% on each unit and a sales rate of 75 to 80% before they even start digging the foundation. Investors, business and First time buyers are buying because they can rent with a (1% vacancy factor) market rent averaging $1,500 for a one bed $2,000 for a two bedroom.

Toronto is in a Sellers market with a 32 day supply of homes. There is a lack of homes available for sale in the under 750 thousand range where most heeled couples are purchasing their first or second home. Toronto sold 90K homes in one year at an annual increase of about 5% in value.

This increase in value has continued unabated since 1995.

Could it stop Tomorrow - Sure.... Do I think it will... No. Why?

Toronto's average price increases have been 2 - 3% over the rate of inflation.

Toronto has and is becoming a Service Information Technology based business Center. Universities in Toronto are rated world class. Markham is the new home for many companies. Mississauga's growth and success has been the attracting Fortune 500 companies. Kitchener Waterloo is undergoing a revival in the inner city with the addition of Google and RIM Blackberry.

Come join us in Toronto!

You'll like it here!

Feel free to add your comments