thebrokeragerealestate

[thebrokeragerealestate]

Looks like there are some strict new rules that are coming to the MLS system in 2023. All new listings that are being publicly marketed for sale, have to be on MLS within 3 days of the beginning of the marketing.

I wonder what kind of effect this is gonna have on the Exclusive Listings, and those listings that are not allowed to be marketed to the General Public?

[thebrokeragerealestate]

I guess there are 2 sides to every coin? It seems that there are people that are eagerly looking forward to the prices for homes going down, and some that are hoping that prices will fall.

There is a ton of data out there, and historically we can look to see what has happened in the past, to better predict the future. There are always people that believe wholeheartedly, in one outcome over the other. What do you think is going to happen in 2023?

[thebrokeragerealestate]

Whenever it comes time to predicting the future, economists must use the data at hand to make predictions. This at times makes it seem that they are merely guessing what can happen. However there is more to the analysis that they provide than just guessing. Today's analysis shows potentially large drops in market prices leading into the 2nd quarter of 2023.

What are your thoughts on what the future holds for the Toronto Real Estate Market?

[thebrokeragerealestate]

Looks like there is good news in the GTA Real Estate Market. For those that are shopping around now, it is a more balanced and reasonable market. There are no run away prices, no double digit price growth, and its just calmed down.

What effects do you think this will have on the GTA Real Estate Market?

[thebrokeragerealestate]

Great news heading into 2023. With all of the changes in the Real Estate Market in 2022, its good to hear some news that isn't negative for 2023. The Greater Toronto Area seems to be outpacing the rest of the country, and even other metropolitan areas when it comes to the growth that they are seeing.

Do you expect major changes to affordability to come in 2023?

[thebrokeragerealestate]

Great news for the Local GTA Housing Market. According to most experts, the prices have stabilized from their hyperinflated pandemic values. Everyone has been worried that a crash is imminent. but this article from Advisors Edge seems to say otherwise.

[thebrokeragerealestate]

Great insight as to how the multi property market has changed in the last few months. High rates of inflation are causing investors to remove their money from savings accounts, and invest in the market.

With high demands for housing in the GTA, the current Multi-Family investments that are on the market are becoming more tempting for long term investors.

[thebrokeragerealestate]

Housing seems to be on everyones mind leading into the provincial elections on October 24th. Here is some great insight from CBC, examining the complexities involved in building new homes in Ontario.

[thebrokeragerealestate]

We have had this debate at The Brokerage alot. We do all of our own in house Social Media Marketing, and there are many opinions as to what to put on print advertisements.

We want to continuously ensure that our Social Media is producing results for our agents. If we are setting up some sort of automated marketing for our agents, we try to reduce the Cost per Click, or Cost Per Acquisition as low as possible.

The Average Pay Per Click for Real Estate is about $1.52, and our last campaign averaged .32 C per click. Find out how The Brokerage can help you increase ROI for your Social Media Campaigns.

[thebrokeragerealestate]

We love Social Media here at The Brokerage. Real Estate Magazine is a great source of news for keeping up with the Real Estate Industry Trends.

All of our realtors have access to the best Social Media Management tools available. They also have dedicated support to make sure that their Social Media presence is on par with a Boutique Realty Firm.

Find out how The Brokerage supports our Realtors and provides them with the services they need.

[thebrokeragerealestate]

Shocking, saddening, but not surprising. A new survey from OREA shows that 25% of Realtors that identify as BIPOC, have had clients refuse to work with them due to their internalized racism.

We at The Brokerage understand that there is so much we can do to protect our Realtors from the challenges they may face in the real world.

You as a Realtor may encounter Racism, Anti-Semitism, Islamophobia, AAPI Discrimination and more. You should always reach out to the support network at your Brokerage to see how they can coach you through these kind of difficult situations.

We at The Brokerage have a written Equity Statement, and we encourage our Realtors to be better than the rest.

[thebrokeragerealestate]

It seems that upcoming Municipal Elections are not on everyone's radar, but they should be. With changes happening to the organizational and power structures in the cities, it should be a priority for people to pay attention.

With changes to municipal governments, there could be property tax increases, changes to services and so much more

[thebrokeragerealestate]

It seems that the question of Affordability remains on the minds of all Canadians. With the continuing rise of the Base Interest Rate in 2022, prices for all items are going up. The cost of living is going up, it costs more money in 2022 to make ends meet.

[thebrokeragerealestate]

We have heard that the Canadian Real Estate Market is showing signs of price decline and lack of growth. Many Canadians have most of their net worth in their home, and they do not own other assets. What happens when the value of your home drops, and you are in an upside down mortgage or owe other debts.

[thebrokeragerealestate]

Debt is growing, and it will continue to grow. This is not a fact, but merely the opinion of someone who has heard that repeated over and over on the news cycles. With infinite growth there has to be also an infinite amount of debt following it. Whether it is due to the Covid-19 Pandemic, or personal spending habits, DEBT is increasing.

What impact this has, can be examined in this amazing Youtube Video linked below

[thebrokeragerealestate]

I think the debate between, Should I Buy, or Should I Rent is pointless. If you have the money to purchase Real Estate, you should purchase Real Estate. If you are not able to afford to purchase a home, then you have to rent. At the end of the day it is about the need for housing, and deciding which is the best options for you.

[thebrokeragerealestate]

Great insight from CBC regarding what the future holds for First Time Home Buyers