Canadian Realtor Podcast

In today's episode of Real Estate Panel, we discuss the next topic in the investment series and that is how to flip houses in 2021. As always the information-loaded session is there for your consumption and dissemination. Going forward we collectively have decided to move the format to by-weekly episodes in order to keep the topics fresh and not to simply create content for the sake of creating content.

Tips for Canadian Real Estate investing in 2021. The RE panel is here to give you a few tips and things to consider before you do so. From the location, finances to calculating the potential income for an investment property, it is all here.

Renting vs Buying a Home and which one is better?  Luckily the RE Panel has decided to tackle this hot topic. ‍‍‍‍‍‍      We have all at some point been faced with the issue of renting vs buying a home and which one would be better for us at the time. Considering timing, finances, availability, market, family structure, employment - are just some of the things that affect our decision to go with either renting a home or buying one.       In today's hot housing market affordability plays a large role in what decision or path we take. With home prices skyrocketing renting has become a normal option for the long term. Some benefits of it would include financial flexibility, lower cost, and less responsibility. Some cons would be, of course, no benefit of building equity and the fact that you are paying your landlord's mortgage (essentially).      On the other hand, buying a home is quite a feat and requires not only sound financials but an understanding of what homeownership actually is and the responsibilities and the added costs that come with it. Naturally, not everyone is willing to undertake this large responsibility and this, combined with rising home prices, is the main driving force behind the surge in rentals- and consequent increase in the new rental multi-unit buildings being constructed. 100% FREE home evaluation:yourottawahome.com Area alert:yourottawahome.onlineThe RE panel includes:  Davor Cukeric - REALTOR® - Ottawa & NCRWaybridge Realty Inc. [email protected] Mike Crisp - REALTOR® - Halton & GTARoyal LePage Meadowtowne Realtymikecrisp.royallepage.caMikecrisp@royallepage.ca416-316-5888 Elyse Bouwmeester - REALTOR® -  Waterloo regionRed and White Realty Inc. [email protected]  Melody Campos - REALTOR® - Yorkville & GTAForest Hill Real Estate Inc. [email protected]:[00:00:00]  Intro (Davor)[00:00:55]  Equity vs Cost (Melody)[00:02:00]  Rent vs. Buy - Personal Example (Elyse)[00:03:23]  Interruption - Little Renter (Davor/Elyse)[00:03:45]  Sum-up - Financials (Davor)[00:04:54]  Pitfalls of both (Mike)[00:05:58]  Strategy discussion (Melody)[00:06:40]  Market shift (Davor)[00:08:10]  Home ownership - property taxes. (Mike)[00:08:51] Home ownership - costs - personal example (Davor)[00:09:50] Wrap up! (Davor et'all)

In today’s episode, the topic will be a bit of a sensitive one, but with the intention of continuing to offer transparency in the real estate industry, and therefore we encourage any comments or questions.Today we will discuss Real Estate red flags and things to consider when working with a real estate agent.A quick reminder to everyone that all Realtors in Ontario must be licensed with RECO to trade in real estate. RECO stands for the Real Estate Council of Ontario, and this is especially important because it is an administrative authority that was established by the Government of Ontario in 1997 to regulate the conduct of real estate salespeople, brokers, and brokerages. But, with this being said, unfortunately in all industries you will find some bad apples. RE Panel tackles this and more in today's episode.

Top 3 real estate tips Canadian Buyers and Sellers should know about; as seen through the eyes of your Realtors®. In today's episode, the panel discusses what Canadian buyers and sellers should be aware of going into arguably the biggest transaction of their lives. You need to know these things, and more importantly, your agent - Realtor should be advising you on them. Dealing with multiple offer situations, timing, irrevocable dates, conditions, and many more...

Receive free home evaluation:

yourottawahome.com

Area alert - know when a property comes up for sale in the area you like:

yourottawahome.online

The RE panel includes:

Real Estate Agent Davor Cukeric - servicing Ottawa & NCR

Waybridge Realty Inc. Brokerage

dcrealty.ca

613-809-8708

Real Estate Agent Mike Crisp - servicing Halton & GTA

Royal LePage Meadowtowne Realty

mikecrisp.royallepage.ca

416-316-5888

Real Estate Agent Melody Campos - servicing Yorkville & GTA

Forest Hill Real Estate Inc. Brokerage

647-544-7428

Real Estate Agent Elyse Bouwmeester - servicing Waterloo region

Red and White Realty Inc. Brokerage

226-201-1902

Chapters:

[00:00:00] Intro (Elyse)

[00:01:34] Popular real Estate Terms (Melody)

[00:03:53] Segway (Elyse)

[00:04:44] What happens if an offer is accepted after the irrevocable time has passed? (Davor)

[00:05:09] Conditions explained (Davor)

[00:06:23] Segway (Elyse)

[00:07:07] Multiple offers situation! (Mike)

[00:11:42] Closing remarks. (Elyse'et all)

It is June 2021, and in this episode of the Real Estate Panel, we discuss the current state of the Canadian housing market as seen through the eyes of the Real Estate Agents. Are the prices going to continue on the upward trajectory or are we seeing a slowdown? What does it all mean and how does it affect the homeowners and those planning on entering the housing market? Is there a bubble and is it at a bursting point??

Should buyers include a home inspection clause in their offer - Yes or No?

In today's episode, the Real Estate Panel deal with this question and their own experiences of the home inspection clause being waved by the buyer in order to give themselves a better chance of winning in a multiple offer situation.

We are seeing, more and more buyers being pressured to make offers on homes without a full home inspection. I think that we've all probably heard that it's like folks playing Russian roulette with your finances and many could find some unexpected surprises and could be left with thousands and thousands of dollars potentially in repairs.

If you're wondering what to do to get your home ready for sale, this week's video by the Real estate Panel answeres all of your questions. Investing your time, energy, and resources into the following suggestions may help you get thousands more on your home. Nowadays many listings are selling for record-breaking prices. Since most buyers will first see your home online,

having it ready to go for the photo/video shoot is very important. Finally, it is absolutely true, the first 15 seconds the buyers view your home will make or break the sale. First impressions do count.

Why should I pay a real estate agent to sell my property and what do I get in return for the commission I pay? Ontario Real Estate Panel discusses, what is it that real estate agents bring to the table to earn their commission?

Many sellers believe that their Realtor puts a sign on the lawn, makes a social media post, and then waits for the property to sell.

Generally, nothing could be further from the truth.

Receive free home evaluation:

yourottawahome.com

Area alert - know when a property comes up for sale in the area you like:

yourottawahome.online

The RE panel includes:

Real Estate Agent Davor Cukeric - servicing Ottawa & NCR

Waybridge Realty Inc. Brokerage

dcrealty.ca

613-809-8708

Real Estate Agent Mike Crisp - servicing Halton & GTA

Royal LePage Meadowtowne Realty

mikecrisp.royallepage.ca

416-316-5888

Real Estate Agent Melody Campos - servicing Yorkville & GTA

Forest Hill Real Estate Inc. Brokerage

647-544-7428

Real Estate Agent Elyse Bouwmeester - servicing Waterloo region

Red and White Realty Inc. Brokerage

226-201-1902

Chapters:

[00:00:04] Welcome (Melody)

[00:00:48] What Agents Do. (Elyse)

[00:02:17] What happens behind the scenes. (Davor)

[00:03:20] Negotiation/Closing. (Mike)

[00:05:20] Closing remarks. (Melody)

[00:06:13] Closing remarks. (Elyse)

[00:06:49] Closing remarks. (Davor)

[00:07:05] Closing remarks. (Mike