You can find your house on the online MLS database at realtor.ca. You can search for homes in your neighbourhood and see if your house is listed.
One of the most common Real Estate questions we receive at PropertySold.ca is “How can I sell my home myself and advertise on MLS.ca/Realtor.ca?”. This is a popular real estate question because home sellers want to be able to advertise their property on MLS.ca/Realtor.ca, but also save money. Many people these days want to do [...]
The average price for a home for sale in Toronto in June 2011 was $476,371. This might seen unattainable to the average home buyer, because a 5% down payment would be $23,000 and the mortgage amount would be $453,000. Plus the buyer of Real Estate in Toronto would need to pay two Land Transfer taxes, [...]
Selling a home is a big decision. It’s a dramatic change in anyone’s life. Once you have decided to sell, the big question is usually “how much money will I take home”. However, before we get to that questions, let’s examine where you can advertise your home for sale in Canada. Internet: The internet is [...]
In: Real Estate News
7 Jun 2011It’s the Stanley Cup Finals. The Vancouver Canucks are facing the Boston Bruins. A Canadian team vs. an American team. As these 2 teams battle for hockey supremacy, it’s a good time to look at the real estate markets in the cities of Vancouver and Boston. Vancouver – The most expensive city. The average family [...]
Everyone wants to know “how much is my home worth?”. Everyone also thinks that they know “how much their home is worth”. But when it comes to selling a home, it is better to look from the buyer’s point of view and ask the question “how much would I pay to buy that home?”. Home [...]
PropertySold.ca is Canada’s top independent real estate advertising website for selling a home. With more than 10,000 daily visitors and top results on all search engines, PropertySold.ca is “the” place to advertise a home for sale. Our new and improved website platform launched approximately 2 months ago. Our new real estate advertising website has many [...]
In: Real Estate News
24 May 2011More and more people are speculating that we are in the midst of a Toronto Real Estate Bubble. In Toronto, the MLS average house price has been increasing for the past 14 years, and 2011 is no exception. Over these 14 years, the average price has gone from $198K to $457K. A rising average house [...]
In: Real Estate News
24 May 2011There is a very “unpolitically correct” quote in the real estate comedy movie called The Money Pit. Tom Hank’s character asks his real estate agent “why would somebody sell a million dollar home for $200,000″. The real estate agent’s response is “Who knows. Divorce, loan sharks, sudden death…the point is that you can benefit from [...]
In: Real Estate News
20 May 2011Real Estate Agents have a few different marketing alternatives when deciding on how to successfully market a home for sale. Typically these tools will be presented to a potential seller (new listing) at the listing presentation. At a typically listing appointment, the Real Estate Agent will discuss their experience, compare recently sold properties to determine [...]
Every year for the past 16 years, the average price for a home for sale in Toronto has increased. According to the Toronto Real Estate Board’s month report, the real estate market in Toronto has gone from an average price os $198,150 in 1996 to an average price of $431,463 in 2010, and an average [...]
Why Home Sellers Want To Save Money: Real Estate home sellers have usually invested a lot of time and money into their home. After most people purchase a home, they want to complete renovations in order to upgrade their home. This is especially true in urban centres like Toronto, Etobicoke, North York, and Scarborough, where [...]
In: Real Estate News
10 May 2011When the competition bureau helped change the MLS rules back in 2010, they helped create a new opportunity for home sellers to sell privately and be advertised on MLS. PropertySold.ca created a MLS partnership with Real Estate Brokerages across Canada that allowed For Sale By Owner home sellers to advertise their property on Local Board [...]
The Toronto Real Estate Board recently released their real estate statistics for the first 2 weeks of April. Listen to this! The average price in Toronto was $483,165. A 12% increase over the first two weeks on 2010. “12%”!!! This is an astounding number. This is more than $50,000 over the average selling price of [...]
In: Real Estate News
21 Jan 2011Perhaps you have seen the newspaper ads or the internet banners that say “Foreclosure Properties”, “Power of sales in Canada”, or “buy distressed properties”…perhaps if you “sign up” or “provide your contact information”, you will get access to thousands of powers of sales and get “great deals”? If you see these ads, we suggest that [...]
This MLS real estate video shows how buyers can find a home on MLS.ca®/Realtor.ca® and then proceed to contact the seller directly. The buyers contact the sellers directly by finding more information about the property for sale on the Realtor® website. The the buyer or (real estate agent representing the buyer) can contact the seller [...]
The Toronto Real Estate Board just released their 2010 Real Estate Statistics. In 2010 there were 86,170 homes sold, which is down by 1% compared to 87,308 sold in 2009. The average price for a home in the Greater Toronto Area in 2010 was $431,463. This was up by 9% compared to 2009 when the [...]
In: Real Estate News
12 Nov 2010Now that the MLS rules have changed and agents are “allowed” to do “mere postings” on mls, I think the question to raise is “What is For Sale By Owner?”. Take a Seller who lists with an agent on MLS only as a “mere posting”. Are they a For Sale By Owner? To be on [...]
In: Real Estate News
27 Oct 2010Sell Privately on MLS.ca The real estate business is quite unique. There are not too many businesses where the sales representative gets paid thousands of dollars for one transaction which might only take a few hours of work. On the other hand, it might take many hours work for a agent to earn their commission. [...]
In: Real Estate News
25 Oct 2010Mere Posting on MLS.ca The competition tribunal’s website now shows the details of the agreement between CREA and The Competition Bureau. Here are the details. Agents are now allowed to do a “Mere Posting”. According to the document here is the definition of a “Mere Posting”: “Mere Posting” means a listing on a Member Board’s [...]
In: Real Estate News
1 Oct 2010For the past 3 months (June, July, August), the real estate sales in Canada have dropped approximately 30% each month. This equals about 13,000 less sales per month or 40,000 less sales over the 3 months. What does 40,000 fewer home sales mean for the economy? Let’s examine the impact of this. Many people make [...]
In: Real Estate News
3 Sep 2007As the summer season comes to a close, the property market has raked in strong figures across Canada, continuing to defy dire predictions by experts of a bubble about to burst. Indeed, June, July and August have seen some record-breaking numbers coast to coast, and average house prices are expected to rise a full 9.5% [...]
University researchers in Madison, Wisconsin, have released the results of an interesting new study that shows homeowners who sell on their command much the same prices as those who sell through an agent. The findings fly in the face of what real estate agents have often touted as their greatest warning: that DIY home sellers [...]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.