Our Five Step Buyer Purchase Process in Toronto

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I’m here at York University, speaking softly because of hard-working students. Recently, we were hired by a law professor to help buy a home. He had some specific questions about the buying process. Today, I’ll review our five step buyer purchase process with you!

1. Separate your wants from needs. First, we figure out what our clients want versus what they need. It’s valuable to know both when working together. We spend some time creating a list of criteria on how to identify prospective properties. This allows my team to help find listings the buyer will admire and enjoy.

2. Get pre-qualified. We have several in-house lenders to meet with clients and get them pre-qualified for a future mortgage or another form of purchasing. We ensure they have the qualifications to go to the next step.

3. Meet and preview homes. This is the most fun part of the process. We meet with buyers to review listings on the MLS with our projector. We’re able to go over details about specific neighborhoods the client has in mind.

4. Review a buyer representation agreement. Ontario legally requires this document, signed by the buyer, to move forward. It discloses information on who is working for who. Luckily, it’s a flexible process where we are flexible to work with clients’ schedules.

5. Tour properties. We show and preview properties, that we hand selected as the best of the best, with our clients. We’re not just streamlining the entire MLS. We pick specific properties to cater to particular client’s needs. We want our customers to get the best value on their dream homes.

Typically, we’ll grab some coffee, take our time, and view properties before it gets dark out. We can pull up background information, see if we can get a pre-home inspection ahead of time, draft paperwork to make an offer, and start negotiating.

If you have any questions about this topic or others, give us a call or email today! We’d be happy to help and serve you.

Why Fall Is a Great Time to Sell in Toronto

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We've noticed there is less inventory now than at any other time of year. Many sellers wait until the spring to list. Fewer active listings mean less competition for you.

Secondly, buyers are more serious this time of year. Not only is there less competition in the fall, you also have high demand.

Finally, this fall will be an opportune time for sellers because of the historically low interest rates. Rates will most likely go up next year, so buyers are especially motivated to buy now while rates are low.

Now is a great time to sell your home quickly for top dollar. If you have any questions, give us a call or send us an email. We look forward to hearing from you!

The Toronto Real Estate Market Today

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Many sellers repeatedly ask, "Is now a good time to sell?" Many people think homes don't sell as often in the fall. With the time change, it gets darker earlier and the weather gets colder. However, now is a great time to sell, but don't just take it from me. Let the data show you.

Last year, there were 8,500 sales during the month of October in the GTA. The average sales price was $578K. In November, there were 6,476 sales. In December, we saw 4,400 sales. Those numbers are expected to increase this year. We're projecting as many as 12,000 home sales in the next 60 days across the greater Toronto area!

Many people assume more homes sell in the spring because the market is more active. However, historically speaking, November home sales actually equal home sales in March. In our market, many want to buy or sell in November, so they can move in before the end of the year.

Buyers this time of year want to close before January 1st either due to business or tax reasons. They also might want to move into the home in time to celebrate the holidays. Buyers this time of year are serious. Because there are fewer homes on the market, you have less competition.

As you can see, the next couple of months will be great for sellers in Toronto. Low inventory, high demand, and past market trends indicate now is a fantastic time to list your home. If you have any questions, give us a call or send us an email. We look forward to hearing from you!

Preparing Your Toronto Rental Property for Sale

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How do you get a rental property ready for the market? It's actually very simple. If you have tenants in the property who are being difficult about home showings, work with a paralegal. We have a few on our team who can help you at a lower cost than a lawyer.

As a landlord, it is your legal right to show the property. There are two forms you have to present to the tenants. One should explain your intent to sell, and the other a 24-hour notice before each showing. Real estate agents can also assist you by communicating with the tenants for you.

Now, we're standing in front of a rental property that's about to go on the market, and these tenants decided to move on their own. Since the property is vacant, we are painting the interior and exterior of the home. We are also replacing the carpets. These repairs will end up costing under $5,000, but the home will look brand new! It will only take about 4 or 5 weeks to list this property since we first notified the tenants. These repairs are important because buyers are looking for move-in ready properties, especially the more serious buyers who are out in the fall.

Now, if the tenant in the property wants to stay, you can include that information in your marketing. Instead of selling to a homeowner, you would be selling to another investor. A property with a positive cash flow will get picked up quickly!


Lastly, ask if the tenant is interested in a long term lease. This will make the property more enticing to prospective investors because they won't have to look for a new tenant a couple months after they buy the property. If the tenant is willing to sign, make sure prospective buyers know!

We Just Had Record Real Estate Sales in Toronto

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We've had a record-breaking month in sales in our office here in Toronto. Personally, I had $5 million in sales in the month of May, and I had $3.8 million in sales in April.

This is a record-breaking first half of the year for us.

There are two reasons I can identify as to why this is happening. One of these reasons is that the market is moving very quickly. The average days on market is only 17 days right now!

Our team moves very fast with transactions, but so does the market. This combination means that our team is selling homes very, very quickly.

We're also getting more feet on the ground and we're calling more prospects. We're not relying on the Internet to do the work for us; we're getting out there and making contact with potential buyers and sellers.


With this being said, now is a great time to sell your home in Toronto. If you want to sell quickly and for top dollar, then you know who to contact!

Where Do Our Referrals Come From?

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Today we are excited to talk to you about one of the most important parts of our business. We just got off the phone with a partner who referred us another million dollar plus listing, and we couldn’t be more excited. You see, we have an entire referral network of top agents from all around Canada and Ontario. We get these types of referrals 3 or 4 times a month, and it’s a result of us aligning with the best.

We are transacting business from all over and the exciting thing about our team is that we can handle transactions anywhere in the city for all of our buyers, sellers, and investors. Wherever you are located, and wherever you may be, we can have a buyer or seller ready to buy your home.


If you have any questions for us, or know somebody who is looking to buy or sell a home, get in touch with us. We have the tools and experience necessary to get the job done with ease. We look forward to hearing from you!

Why Are We Driving This Bus Around Toronto?

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Today is a very exciting day! We are leaving our office to head out with a group of over 20 investors to show them some great properties in the Toronto area. These people are looking for properties to flip, properties to buy, and hold, and properties that haven't been selling.

Our investors are looking to profit off these homes, so we are taking them around to a lot of distressed properties in the area. Most of the time, these homes have a great location, but the condition is sub-par. That's when these investors come in, get the house fixed up, and either resell it or rent it out.

We took all of these buyers for a great tour around the city and showed them a ton of great properties. We even outfitted our bus with Wi-Fi and a printing station in order for our investors to make offers right at the door. 

If you know of any properties that are struggling to sell, let us know. We have plenty of buyers that would be happy to take a look and see if it's something they are interested in. If you have any other questions, make sure to give us a call. We look forward to speaking with you soon!

How Did We Get Seven Offers On an Expired Listing?

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Today I'm bringing you a success story about how we successfully sold a listing that had sat on the market for 6 months and never received a single offer. They were extremely irritated that their home wasn't selling, and after it expired they decided to let us try and sell it.

When we put it back on the market, it got a total of seven offers until they got the price and terms that they wanted. On top of this, the owner, Mickey, was a past RE/MAX Realtor. 

Mickey was amazed by our professionalism, and after their first Realtor disappeared on them, they hired my team and me. Mickey was also happy with the amount of communication between my team and her. She really appreciated the feedback we gave her, especially after their first agent disappeared after a month.

If you're having trouble selling a home in Toronto, please don't hesitate to get in touch with me. I'm more than happy to help you out, just like I did with Mickey and Larry.

I look forward to hearing from you!

We Have Very Exciting News for You Today

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Hey everyone, thanks for joining me. I have some VERY exciting news to share with you today! 

I was recently interviewed last week for the HGTV show, "Love it or List it", and it was a blast! I was one of five Realtors they interviewed to be on the show, and I am hoping that my audition was good enough to get the part! 

If you haven't watched it yet, check out my audition in the above video! I'd love to hear your opinion on it and what you liked about it. Here's a little sample of what I had to say in my interview:

"I'm the perfect guy to helm a show like this because I appeal to a wide demographic. I'm the guy that it feels like you've known for your whole life after only meeting me a few minutes ago. I understand that buyers buy based on emotion and justify their purchases using logic. I'm a master at finding the root behind that emotion!"

So check out the video, and if you have any questions at all, I'm always here to help. Give me a call or send me an email, and I look forward to speaking with you soon!

You Have to See This Rural Home to Believe It!

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Today's video comes to you from a beautiful listing that sits on 11 acres of solid forest. There is a pond right next to the home and there is a workshop around back. The best part of this rural property is its privacy and the fact that it is only 20-25 minutes from the city! 

If you know of anyone who is looking for a rural property surrounded by nature, give us a call or shoot us a quick email. This beautiful home probably won't be listed for much longer! 

We look forward to hearing from you soon! 

What Did Mike Ferry Have to Say About the Future of Real Estate?

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Today, I'm coming to you from a training seminar with my coach, Mike Ferry! He's in town from Los Angeles, and he shared some of the ins and outs of the market as we head into the second quarter. He detailed what's working and not working for agents across the county, and he gave us his insight on what we can expect in the next 12 months. 

If you would like additional information about the market, please let me know! After this seminar I think I have the kind of information that would be very useful to you! Give me a call or shoot me an email at any time for the best real estate assistance Toronto has to offer! 

How Does the Rene Team Stay on Top of the Competition in the Toronto Area?

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Today, I'm at the 100% Awards Luncheon at Rattlesnake Golf & Country Club with around 300 of the best Realtors in our company. We are masterminding to come up with great new ideas so we can improve our services and do even better work for our clients. In order to continue getting better, we network with the top individuals in the industry so that we can provide top-of-the-line service! 

Thanks so much for your support! It means a lot to our team, and it makes it easier for us to continue improving. If you need real estate assistance of any kind, or if you have any questions for me, give me a call or shoot me a quick email. I would love to hear from you! 

How Was the First Quarter for Toronto Real Estate?

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The first quarter numbers are finally in! What trends have we seen in the Toronto market so far this year, and what do they mean for you?

We had a record first quarter in the Toronto area! We sold 15 listings, many of them with multiple offers, and we're looking forward to continuing our success in 2015! Homes have been selling quickly, so now is the time to put your home on the market! Conditions are perfect for a stress-free and profitable home sale, so there's really no need to wait! 

Because I had such a great first quarter, I'm taking my family on a Disney Cruise to celebrate! We want to thank all of you for the continued support! It means the world to us! 

As always, give me a call or shoot me an email if you need real estate assistance of any kind. The Rene Team is always here to help! 

You Won't Believe What the Rene Team Will Do to Accomplish Your Toronto Real Estate Goals

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I'm coming to you on a stormy, cold day here in Toronto.

As much as I would like to head back to the office where it's cozy and warm, we've actually just found a seller who's willing to sell their property to one of our buyers. 

In an area where there's no inventory, not even a rainy day will keep the Rene Team from door knocking for one of our clients. If we hadn't braved the cold day, we never would have found this seller for our buyer! 

If you have any questions or if you need real estate assistance of any kind, give me a call or shoot me an email. My team will go above and beyond to make your buying and selling dreams a reality! 

How We Helped Rosanna Sell Her Home Using Our Great Marketing Skills

The results were amazing. He did a lot of marketing, and he got my house out there right away. They’re really good!

Rosanna, Home seller

How We Helped John Sell His Home by Always Looking After the Client's Needs

I was more than satisfied with Rene. He was very concerned with my needs. It was like he was a friend who was just trying to make a sale a lot easier for me. There were a few times when other agents went into the house and left the lights on or drawers open when they left. All I had to do was call Rene, and he said he would get it taken care of. He made me feel comfortable. It was like I knew him for a long time!  

John Coates, Home seller

How to Avoid Missing out on the Toronto Home of Your Dreams

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Hello, and welcome back! Today, I just wanted to share a quick tip about making offers. 

Here at the Rene Team, we pride ourselves on our ability to win negotiations for our clients. One of our strategies, as simple as it might sound, is to be the first one to submit an offer on a desirable home! Getting your offer to the table quickly, before everyone else, will often result in you winning the deal and getting the price and terms you desire. So, if you really like a home, don't spend too much time doubting yourself - you need to get your offer in quick so you don't miss out on the home of your dreams! 

If you have any questions, or if you need real estate assistance of any kind, I would love to be your Toronto area resource. Give me a call or shoot me a quick email for the top-notch service you deserve!

Toronto Real Estate Agent: Where You'll Find Us

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Today, we're coming to you from our Caledon East office. It's a beautiful town and we're happy to be here!

One of the advantages of working with our team is the fact that we have several locations throughout the GTA! Buyers are moving all over town and we are able to help them with ease since we cover such a wide stretch of territory!

If you need help moving anywhere in the GTA, or if you have real estate questions of any kind, give us a call or shoot us a quick email. We would love to help you accomplish your real estate goals! 

How to Sell Quickly and for Top Dollar in Toronto

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Today I just wanted to let you know about a recent listing we sold. We had over one hundred showings in three days and we received twelve different offers!

The home was located at 169 Torrance Woods Rd., and the sellers were only on the market for three days. They were extremely happy because they got 12% over their asking price. 

They had a home on the market only a year and a half ago, and that one did not sell, but we marketed their home effectively and their home sold quickly and for top dollar.

Please be sure to contact us if you're interested in selling right now, because despite the snow outside, we sold this home lightning-quick.

The Toronto market is very hot, so please contact us with any questions you might have. We'd love to sell your home quickly and for as much money as possible.

What You Can Expect from the Spring Market in Toronto

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Hello, and welcome back! Today, I just wanted to share with you how exciting our bulletin board is! I know, I know - it doesn't sound very exciting, but this board keeps all of our listings organized and our team motivated! 

The year has only just begun, but it is already nearly full! We're always looking to help more people and fill up the board, so if you know anyone who is looking to sell, send them our way! The market is incredibly favorable for homeowners looking to make a move for two reasons:

1. Super low inventory
2. Reduced interest rates

The market is hot, so now is the time to put your home on the market and get top dollar! You can't afford to wait - if you want to accomplish your selling goals give us a call today! We would love to hear from you! 

Why You Should List Your Home Now

There are many great Toronto area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (905) 456-3232  for a FREE home buying or selling consultation to answer any of your real estate questions.

A lot of sellers here in Toronto have been enjoying selling their homes because they're currently getting more money for them. Not a lot of people think to sell right now, but it's actually quite a good time to get into this market. I'm going to list just a few reasons why below.

• You can get 2-3% more money for your home: This is money in your pocket, and depending on what your home is worth, it could be thousands of extra dollars. But why are people getting more money? Well, the buyers coming out to look for homes in the winter tend to be the most serious. 

• In 60 days inventory is set to skyrocket: In a matter of two months, you can expect inventory to increase by 4-5 times the amount we have now. When buyers have more to choose from, the price falls down. 

If you're thinking of selling in Toronto anytime soon, please contact me for more information on how you can take advantage of the market. I can provide a free valuation for you. 

Thanks for watching, and don't forget to reach out to me with any questions or concerns about Toronto real estate.