Three Things to Know about January’s Real Estate Market

Earlier this month, the Toronto Real Estate Board released market statistics for January, 2017.

Traditionally, January is one of the slowest months of the year.

Mind you, traditionally we rode horses and went to sleep as soon as it got dark.

When I read these latest statistics about the GTA real estate market, I started yearning for the good old days.  I don’t know how to ride a horse, but I think I might learn. Continue reading

About 20,000 people came to my family reunion!

I know that 20,000 people seems excessive when it comes to a family reunion.

Truth be told, I’m not related by blood to those 20,000. My own family is shy by about 19,970 of that number.

The family reunion I’m talking about is the Keller Williams Family Reunion, which is the name of our annual conference where we get together, hear about how the company is doing, our plans for the upcoming year and learn from the best of our company. Continue reading

Which of these three buyer types are you?

Every once in a while, a word or saying suddenly seems to be everywhere.

Whether it’s people in the six being really on fleek or some basic bae showing up totally turnt, it can be confusing to understand at first.

(Full disclosure, I have no idea what the above sentence means.)

One term I’ve been seeing recently is “special snowflake”, often used to describe someone who is convinced they are unique and different despite being just like everyone else.

I have some sympathy for people who think they are unique and different and one of a kind.  Probably because I am unique and different and one of a kind, just like you. Continue reading

I keep seeing homes that are bargains.

I know what you’re thinking.  Jeff has lost it.  First he made that decision to buy a pair of white dress shoes, and now he’s trying to say he sees homes that are bargains?  He clearly needs help.

Let me explain.

For over six years now I’ve been a full-time real estate agent.

I’ve helped close to a hundred buyers and sellers with their real estate needs.

Conservatively speaking, I’ve seen over a thousand properties during that time.

I see good houses and I see bad houses.

I see overpriced places and I see underpriced places.

I see…wait a minute, let’s go back a second.

I see underpriced places. Continue reading

There is, in fact, a wolf.

I don’t have much time left.

As soon as I wrote the first draft of this article, the Toronto Real Estate Board (TREB) dispatched a team of crack mercenaries to kidnap me.  It’s a little known fact that TREB monitors all Realtor computers and as soon as one of us starts talking about the market correcting, they take action.

It’s even worse if a Realtor uses the words “crash” and “market” in the same paragraph.  If that happens, they disappear within 48 hours.  I had a friend who emailed me about a car accident at the local farmer’s market on a Sunday and by Tuesday he was “finding himself” in Peru.

So I’m going to keep this brief because I don’t how long I have before they arrive. Continue reading

Who do you trust?

First off, let me be clear that this is not going to be about Donald Trump.

Sure, I’ve read about 16 articles today about the Donald.

Most of them focused on how awkward and embarrassing the pre-inauguration concert was for everyone who attended, watched or even performed.  I cringed a bit even reading about it.

So while the presidential inauguration is on everyone’s mind today, I thought I’d offer an alternative focus for those of us who are getting pretty tired of that topic.

Let’s talk about trust. Continue reading

Three Things to Know about December’s Real Estate Market

Earlier this month, the Toronto Real Estate Board released market statistics for December, 2016.

These final statistics for the year are always of big interest to Realtors as we take note of how the year finished up.

I went to the Realtor’s Decide event in early January, where over 40,000 Ontario Realtors gathered to decide what prices will be for the new year.  It is held up in Timmins, Ontario and very few people realize that the official population of Timmins is greatly exaggerated due to our meeting there.  The census shows the population at 43,615 but all except about 2,000 are just Realtors in town for that meeting.  The remaining 2K is mostly people who moved there to be near the Shania Twain Centre.

In all honesty, it is always a very interesting read.  The next time you notice a new batch of media stories about the real estate market or average sale prices, take a look at the date and you’ll find it is somewhere around the 4th or 5th of the month.

The market data that TREB releases is the basis for lots of these stories.  Well, the basis for lots of the headlines at least, as most of the stories pick an angle and focus on it pretty narrowly.

In December, 2016, the focus of most media stories was that 2016 was the second year in a row with record breaking sales.  There is, of course, more to what happened in the month than just that. Continue reading

This is what 2016 looked like for me!

 

I hope that you and your loved ones had a fantastic holiday break and rang in the new year in style!

My Christmas was wonderful, filled with friends, family and food.  I cleverly got ahead of that whole holiday weight gain problem by gaining weight in early December.  That way, when I gained weight from all the Christmas dinners and treats, I barely noticed it.

Now that 2017 is underway, I thought I would take a minute to share what my year in real estate looked like.

It was a great year for me, both in terms of the clients that I got a chance to help buy, sell and rent, as well as in terms of numbers.

In fact, it was my best year yet on the number side.  I sold more properties in 2016 than any previous year and I helped more clients buy homes as well!  I did just over $10 million in volume (that’s the dollar value of the transactions, not my commission!) and did 20 transactions all told.

Below are pictures of the properties that I helped clients buy or sell in 2016.  Each picture represents a different property and as you can see, I did a mix of houses and condos as well as a commercial property. Continue reading

Were my predictions for 2016 wrong?

Back in January, I wrote some predictions about what would happen to real estate in 2016.

As the year is drawing to a close, I thought it would be fun to look back and see how I did with my predictions.

I first looked at what I predicted would happen in 2016 outside of real estate.  I am afraid to say I was a bit off when it came to these predictions: Continue reading

The busiest day of the year is coming up!

I will keep this brief as I think it is about time I started my Christmas shopping.

I know what you’re thinking.  “Shopping for Christmas today Jeff?  That’s crazy talk!  Why shop today when it’s only the 23rd?  You have all day tomorrow to shop.”

I know that technically you’re right, but call me old fashioned.  I like to get my shopping done early, so I’m off to the mall.  Just run in, grab some presents and run out.  It will take an hour, tops.

If I waited until tomorrow, I imagine it’ll be pretty busy at the mall.  The thought of all those last-minute shoppers running around looking for presents make me glad I planned ahead to shop today. Continue reading