Monday, July 19, 2010

RE/MAX Professionals adds Extranet Service

Communication is the greatest barrier to an agents success. Where do I find it! What must I do! When is that event? Who is the listing on John Street? Where is that web site?
With the launch of the RE/MAX Professionals Extranet a huge leap forward has been made to communicate many of the answers to the most difficult questions encountered by the in house or at home office agents. This Virtual office site will assist you in moving your business forward with easy access anywhere to the information you need to do your job.
Today the journey begins as the front desk paging system begins to send messages to agents in a real time fashion. As the week progresses, other enhancements will be added including a library of resources, common Internet links of importance and timely calendar events.
Already the calendar is up and running. All office listings are search able on the Extranet. As well new listings and changes will be posted daily.
Check out the "Needs and Wants" section. Do you have a client who cannot find the prefect home on the market today. Post your need for other sales staff to know and assist you in the search. Got a listing or property for a client that is available but not on MLS? A short posting of the property on this area may generate a quick sale to another staff persons client. Give it a try!
As with any new system, problems may occur so you patience is requested. With the experience of Lone Wolf Systems however, this change should be almost problem free.
So check our your new tool, The REMAX Professional Extranet!

World of Golf comes to Etobicoke at the RBC Canadian Open

Written by Darryl Mitchell, Managing Broker

Etobicoke the world of golf is here!

From July 19 to 25 the best golfers in the world will be in Etobicoke at St. George's Golf and Country Club in quiet central Etobicoke residential neighbourhood. This was a complex challenge for organizers who to mix the residential area with Canada's premier golf experience. Islington Avenue one of Toronto's prime streets has been partially closed to allow parking and a street festival of golf ware. From 7 a.m. to 7 p.m. during the RBC Canadian Open Islington and 74 other residential streets will be golf Canada to the world. One of the first Open's to have access to TTC transit, taxi access and bike parking, accessibility should be second to none for those who wish to come without the inherent parking problems associated with a city venue such as this.

The St George's course, rated one of Canada's three best courses, is in prime shape, lush green and ready for the assault of the world's best golfers.

So join us in Etobicoke.

And by the way, if you wish to stay longer, I am certain a RE/MAX Professional Realtor can find you a home to purchase in beautiful Etobicoke!

Enjoy!

To Love, To Risk

To love is to risk not being loved in return.
To hope is to risk disappointment.
But risks must be taken because the greatest risk in life is to risk nothing.
The person who risks nothing, does nothing,
sees nothing, has nothing and is nothing.
He cannot learn, feel, change, love and live.

Author unknown.
Wisdom for Life, A Helen Exley Giftbook, Select Edition, 2000.

Thursday, July 15, 2010

Realtors - How to give yourself a raise

There is no better way to increase your income than to price your listings to sell the first time.


Too many agents rely on advertizing to promote themselves. Others depend on referral marketing. Still others have the classiest, most up to date website. The newest trend is to use social media such as Facebook, Linked in Craigslist, etc. etc. to promote yourself.

But, you know what, real estate is still a people business based on selling the homes of people to people. And what better way to promote yourself than through a fast efficient sale!

Listings that stay on the market for longer than others in the same area show that, either the home has a problem, or the agent is a problem! So price correctly the first time. Listings priced right sell fast, for greater dollars and with better terms than homes that are overpriced.

The faster the sale, generally speaking the lower the costs and the more the profits. Agents with great sales reputations are selected more often than those whose listings sit on the market, regardless of the commission rate.

In strong, high priced markets real estate companies may use lower commission rates to entice people to list their home with them. In softer markets, such as has occurred in the United States, commission rates begin to actually rise, as a concerned consumer wants a successful sale and is prepared to pay a higher, or shall I say, non-discounted commission rate, simply to work with a successful, high selling Realtor. Successful sales are the best indicator of a successful Realtor. So price it right for sale and you will achieve more success in listing properties.

In this market, where the consumer is taking a breather for the summer, list price is even more critical to success. Believe me when I say that your client will love you more for pushing back on the list price, than if you except a much too high, out of market list price and sell the property much later than expected.

So Price Right the First Time. You will get a raise, and so will your client!

Darryl Mitchell is Managing Broker for RE/MAX Professionals Inc. Brokerage in Etobicoke Ontario

Wednesday, July 14, 2010

Kindness is more important than wisdom, and the recognition of this is the beginning of wisdom. Theodore Isaac Rubin
Double-digit gains characterize average price appreciation in most Toronto neighbourhoods in 2010, says RE/MAX http://ping.fm/AAw1p @remax

Double-digit gains characterize average price appreciation in most Toronto neighbourhoods in 2010, says RE/MAX

Mississauga, ON (July 14, 2010) - Toronto's housing market roared back to life in the first half of 2010, with single-detached homes and condominium apartments and townhouses posting unprecedented double-digit gains in average price in most districts, according to a report released today by RE/MAX Ontario-Atlantic Canada. This is in stark contrast to the July 2009 RE/MAX report that found that values in approximately 80 per cent of neighbourhoods surveyed in Toronto had depreciated over the same period in 2008.


RE/MAX examined 63 Toronto Real Estate Board (TREB) districts in the single-detached category between January and June of 2010 and found that 85.7 per cent experienced double-digit gains. Mississauga's Lorne Park (W13) led in terms of percentage increase in average price with a 30.2 per cent upswing in the first six months of the year, bringing year-to-date values in the area to $880,373 (vs. $676289 in 2009 and $830,041 in 2008). Markham (N01) ranked second with a 27.7 per cent jump to $779,168 (vs. $610,322 in 2009 and $683,050 in 2008) while Armour Heights, Bathurst Manor (C06) came in a close third at 27.5 per cent (rising to $732,535 from $574,599 in 2009 and $589,808 one year earlier). Mississauga's Creditview, Erindale area (W16) secured fourth spot with an average price of $561,973-up 26.5 per cent over 2009's $444,221 and 2008's $476,877. Rounding out the top five was York Mills, Hogg's Hollow, Bridle Path (C12) with a 26.2 per cent increase over last year and an average price of $1,868,591 (vs. $1,480,296 in 2009 and $1,580,851 in 2008).

"While first-time buyers dominated housing markets during the first half of 2009, move-up buyers ruled during January to June of 2010," says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. "Rising interest rates and the introduction of the Harmonized Sales Tax (HST) in the province helped drive activity, with more than 50,000 sales reported year-to-date-a figure on par with record 2007 levels."