Market Watch – April 2024

Market Watch – April 2024

April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant there was increased choice for home buyers and little movement in the average selling price compared to last year.

Greater Toronto Area (GTA) REALTORS® reported 7,114 sales through the Toronto Regional Real Estate Board (TRREB) MLS® System in April 2024 – down by five per cent compared to April 2023. New listings were up by 47.2 per cent over the same period. On a seasonally adjusted monthly basis, sales edged lower while new […] Read more

Working with a real estate agent: Things you need to know

Working with a real estate agent: Things you need to know

Real estate agents in Ontario are required to walk you through this guide before providing services or assistance to you.

Working with a real estate agent — page 2This section describes the benefits of working with a real estate agent, what you can expect,and the responsibilities of clients.Know the risks of representing yourself — page 4This section explains the risks if you choose not to work with a real estate agent and the risks ofreceiving assistance from a real estate agent who is working for the person on the other side ofthe transaction.Signing a contract with a real estate brokerage — […] Read more

Costs and Hidden Fees of Selling your Home in Ontario – Toronto

Costs and Hidden Fees of Selling your Home in Ontario – Toronto

Your home is likely your largest and biggest investment you will ever make. 

When thinking of selling and to maximize the value of your investment you will need to spend some cash before it hits the market and also costs involved after closing.

Let’s go over some of the obvious and less obvious costs of selling you home.

Expected Costs of Selling a Home in Ontario:

1- Realtor Commission: 

2- Closing Costs:

3- Moving Expenses

Hidden Fees and Costs:

4- Capital Gain Taxes:

5- Renovation and Repairs:

6- Landscaping:

7- Staging & Professional Photography:

Realtor Commission: 

The first thing that most people think of when they think of “Selling a Home” is the […] Read more