Monday, 12 October 2020

Real E1

 Will Toronto Hit $1 Million Average Selling Price in 2020?

Intencity and aggression

I am truly fascinated what's going on

Unique situation

Overall numbers

Market is incredibly active

Spike 30% 40%

In summer people are on vacation, kids are off school

Low rise demand is high

Inventory is not enough

Sales go up, price goes up; there is a correlation

Different demography; people buy condo and houses

Families vs young professional

Million $ is average price

It's encouraging for economy, banking, level of confidence

https://www.youtube.com/watch?v=DQ-Uy0Q995o

How Much It REALLY Costs to Buy a $500,000 Condo
Get through the door 
Taxes, Lawyers, home inspection if needed
Not blind sighted
Super excited
The best time to plant a tree was 20 years ago. The second best time is now.
https://www.youtube.com/watch?v=DzFz27CyRGo

The real reason I quit Door Knocking as a Real Estate Agent
Internal resistance
Offending people
3 weeks
Worth, genuine, natural
Viable way to get business
Types of people match
Consistency for years = 7 contacts
Choose vibrant area, high turn over area = Research
Tell the neighbors for your new listing
Needs extrovert type of personality

Toronto Real Estate Market Update - Immigration, Rentals & Investments

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