This week on the REAL Collective Podcast, our hosts Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing fall real estate strategies for buyers and sellers.

They kick off the episode with interest rate and market predictions, exploring the cyclical nature of real estate. Since most people can’t perfectly time the market, the focus is on adopting the right strategies for the current conditions. Sean and Kyle delve into selling this fall, emphasizing the importance of accurate pricing and the risks of overpricing. For buyers, they explain why fall is a better time to purchase compared to winter, which presents more risks. Throughout the episode, they share real-life stories from the field that highlight these points.

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

Interest rate and market predictions (2:21)

Looking back at 2017 and 2018 (6:20)

If you NEED to buy or sell, none of this matters (8:24)

Buying or selling this fall (8:51)

If you want to sell, it’s so important to price right (9:16)

The danger of reaching with your price – don’t miss the fall market (10:05)

The fall buyer pool (11:30)

Make sure you do the math on what your bottom line is (12:00)

Don’t lose a house over 5K (13:30)

REAL Collective Marketing (16:15)

Second half (16:46)

Why should you buy a home in the fall instead of the winter? (17:08)

What types of listings are on the market? (19:30)

Vacation mode is over (20:49)

Market conditions can be an excuse to get out or get in (24:31)

Pent up market (26:48)

It’s about having the best strategy for whatever market you’re in (27:37)

In the field stories (27:49)

How can I protect myself rate wise? (30:19)

Outro (33:04)

This week on the REAL Collective Podcast, Sean welcomes special guest Steve Tabrizi (COO, RE/MAX Hallmark) to discuss some external factors shaping today's real estate market.

They begin by unpacking the current confusion and complexities in the market, discussing the roller coaster that 2024 has been and what might happen as interest rates drop further. They explore buyer sentiment and the speed at which prices can rise, along with other intricate aspects like the bond and stock markets and the influence of politics during election years. Steve also shares his predictions for the next 12 to 18 months and offers valuable advice for those considering buying, selling, or investing.

Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean today!

Sean: https://calendly.com/seanrealcollective

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

#realcollective #podcast #ottawa

Intro (0:00)

Unpacking the confusion in the market (1:20)

What has Steve been seeing in the market? (2:40)

Why has this year been a roller coaster year? (4:00)

What happens when the interest rate gets lowered further? (6:34)

What are the smart buyers doing? (7:17)

The benefits of buying in Ottawa (7:38)

The holding pattern with some buyers (9:05)

People think we haven’t reached the bottom – but make sure you pay attention (9:58)

The market can turn around so fast – don’t be caught in that circumstance (10:40)

Falling off the cliff in 2023 (11:50)

The stock market momentum (12:10)

The bond market (12:50)

Market optimism (13:15)

REAL Collective Marketing (14:46)

The historical impacts of an election years (15:42)

Immigration policies were mismanaged creating an unsustainable demand (18:00)

Are we discouraging families to build wealth for their family? (22:11)

What could the conservative approach be? (22:48)

Most people tend to be centered in Canada (23:47)

US Elections (24:38)

Buyer confidence (25:34)

Housing is currently at the forefront (27:10)

Toronto has the worst traffic in the world (28:12)

Advice if you are considering buying or selling in the next year (29:03)

General advice for first time home buyers (30:12)

We will have a robust rental market (31:00)

Outro (32:03)

Our hosts are talking about the mystery of the conditional real estate sale this week on the REAL Collective Podcast.

Have you ever wondered how to make an educated guess about a sale price based on market averages and days on the market? We’ve got you covered!

Our hosts explore strategies to help you gain an advantage if a deal falls through. By engaging with the listing agent and teaming up with a knowledgeable real estate professional, you can transform a potential setback for the seller into a win-win opportunity for yourself.

But that’s not all—being prepared is key! We also delve into the financial aspects, breaking down what banks are looking for and the importance of having solution-based service providers in your corner. Whether you’re a buyer, seller, or just curious about how these deals work, this episode is packed with valuable insights.

Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

Guessing conditional prices based on the math based on averages (1:43)

Talking to the listing agent (4:00)

So what? What does mean to the consumer? (5:44)

Jumping in as soon as conditions fall through (6:26)

Some examples (6:40)

Coming in under the wire with a savvy realtor (8:12)

What can you potentially do when you see a home that is conditionally sold (9:12)

The benefits of waiting in the weeds (10:35)

Inferences, math and calling the listing agent (11:45)

The ones that are prepared are the ones that win (13:38)

Mortgage approvals are based on conditions (14:56)

Real Collective Marketing (17:16)

Second half (17:49)

Should I buy or sell first? (18:13)

The difference between appraisal vs financing conditions (20:57)

What are the three things the bank is looking for? (22:46)

The importance of working with a solution-oriented agent (27:15)

31:50 (Outro)

This week on the REAL Collective Podcast, Sean and Kyle are discussing how to buy real estate remotely.

Our hosts explore the ins and outs and discuss how the summer market can present unique opportunities for remote buyers and why it’s an ideal time to make a move. They discuss the essential steps for a smooth remote buying process, including preparation and organization. Additionally, we delve into the nuances of purchasing properties across provinces and internationally, sharing behind-the-scenes insights and real-life stories about remote real estate transactions and what’s possible.

If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

How can you set yourself up for success when buying in the summer? (5:38)

An example of summer buying – hours before a vacation! (6:07)

The importance of being prepared when buying in the summer (7:05)

Cottage renters dreaming of buying (9:15)

The key is the preparation (10:50)

When are the best times to buy? (11:07)

There are opportunities in the summer months (11:55)

The potential challenges of closing remotely (12:30)

REAL Collective Marketing (15:00)

Second half (15:32)

Story time – a condo story (16:05)

Potential issues when lining up cross provincial closings (22:40)

Kyle’s story with international clients (27:00)

Outro (29:03)

This week on the REAL Collective Podcast, Sean and Kyle are discussing different strategies on how to build generational wealth with real estate.

They explore the growing trend of gifted down payments and the challenges young people face in entering the market. Learn how you can support your kids without compromising your financial security, and discover various investment ideas and strategies. Plus, they share real-life success stories from clients who have implemented different tactics to achieve lucrative results.

If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro: (0:00)

Building generational wealth (2:12)

Gifted down payments (2:42)

Why our system isn’t set up to handle deals over 1M (3:55)

The challenge of buying a property over 1M (5:28)

Clients are coming with larger down payments (6:09)

You can start early (6:55)

There are different ways to gift (7:55)

Wide array of ways to build wealth (9:13)

Why real estate investing gives you an extra lift (9:57)

Ride that wave up (11:42)

A misconception (12:30)

Rich vs Wealthy (14:44)

REAL Collective Marketing (16:14)

Second half (16:47)

Story time with Kyle – from first time buyers to investors (17:40)

An investor now in his ideal property (21:12)

The benefit of taking equity out early and buying a rental home in your kid’s names (22:30)

Do you actually need to pay your rental property off? (24:05)

Different visions of real estate success (24:45)

An interesting and lucrative investing strategy (25:10)

So many lucrative investment strategies out there (28:55)

Outro (30:45)

Join our hosts, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent), as they discuss the recent interest rate announcement's impact on summer real estate in Ottawa. They dive into the episode by talking about current trends in the summer real estate market and share on-the-ground stories about the impact of the recent interest rate announcement. They explore the nuances behind summer pricing and the growing importance of seasonality in today’s market. In the second half, they demystify the often-overlooked "this clause should survive and not merge" included in all offers, explaining what it means and how it can affect you when buying or selling a home.

If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

What is happening in the summer market? (1:38)

What happens to prices in summertime? (7:35)

How to time things properly? The second-best market is fall. (8:10)

Seasonality really matters right now (9:12)

Buyers are waiting for the bottom for interest rates (10:30)

Story about a recent sale from Sean showing the impact of the rate change (11:00)

The rate change is bringing confidence to the buyers that are already looking (15:25)

Interest rates will come down, but not nearly as much as you want it to (15:42)

Behind the scenes with an alternative deal (17:07)

REAL Collective Marketing (19:00)

Second half (19:40)

“This clause should survive and not merge.” – what does it mean? (20:00)

Best practice when taking possession of your new home. (25:01)

What if the seller removes ‘survive and not merge’? (25:30)

Another behind the scenes story (27:49)

Deals are being made in good faith (28:55)

Outro (31:50)

This week on the REAL Collective Podcast, our hosts are discussing what you need to know about power of sales.

Join our hosts, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) as they delve into the essentials of power of sales, a topic every homeowner and buyer should understand. They kick things off by defining power of sales and differentiating between scenarios where you can't pay your mortgage versus having a property value lower than your mortgage balance. The discussion highlights the unique characteristics of the Ottawa market compared to the GTA and the significant differences in their respective mortgage landscapes. This insightful conversation aims to provide clarity and peace of mind.

In the second half of the episode, the hosts share their predictions and analysis of the Bank of Canada's recent interest rate announcement on July 24th. Whether you're a homeowner, potential buyer, or just curious about the current market trends, this episode is packed with valuable information. Tune in for a comprehensive look at these critical topics!

To watch July Market Update, visit: https://youtu.be/7JKMkrrMjBY

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

What is a Power of Sale? (1:15)

Will there be many sales like these in Ottawa? (2:15)

If you’re upside down (mortgage higher than value) then it will not force a power of sale (5:22)

If you are renewing your mortgage - rarely do individuals get re-assessed for their ability to pay (8:08)

Big banks vs Private Lenders (9:40)

The process is not fast (11:10)

Likely won’t be a local expert that sells the home (13:05)

Foreclosure vs Power of Sale (14:25)

REAL Collective Marketing (17:06)

Second half (17:39)

El Predicto for the July 24th interest rate announcement (18:12)

The impact on buyer sentiment from the last interest rate drop (20:35)

Buyers want to find out where the bottom is (21:45)

How you could take advantage of the declining interest rates (22:50)

Fixed rates don’t drop (24:05)

Variable Rate vs Adjustable Rate (25:20)

Sean’s prediction (28:08)

Some interesting math (29:29)

Outro (32:11)

Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing first steps for new realtors & mortgage agents and offering pro tips & advice this week on the REAL Collective Podcast.

If you're beginning your real estate or mortgage career and don't know where to start, this episode is a must-listen! Join Kyle and Sean as they delve into their personal journeys, sharing the struggles and triumphs they experienced when starting out in these competitive fields. They discuss the unique challenges that come with establishing yourself as a realtor or mortgage agent and offer invaluable insights into what they wish they'd known at the beginning of their careers. Whether you're just starting or looking for tips to elevate your game, Kyle and Sean's candid stories and advice will provide the guidance and motivation you need to succeed.

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

Tips for starting out as a realtor or mortgage agent (1:40)

The importance of a CRM (2:33)

Where Sean and Kyle originally met (3:35)

Document your learning - SOP (6:00)

Get your taxes in order, come in with a cushion (8:57)

You’ve got to work all the time – how to make 100k/year (10:48)

The value of working in a team at the start (12:15)

REAL Collective Marketing (16:01)

Second half (16:34)

Struggles at the beginning – the difficulty of no experience (16:58)

The hustle at the start (18:50)

Finding the right people to give you the chance (20:30)

Building your audience (21:40)

The role the market plays in your business (23:06)

It’s a mental game (24:38)

Humbling moments (26:24)

Remember what you can or can’t control (28:50)

A funny story from Kyle (29:45)

This is a relationship business (31:57)

Outro (32:27)

This week Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing the benefits and drawbacks of first refusals.

Our hosts begin the episode by diving into the difference between a conditional sale and a first refusal, exploring the minutiae and outlining the potential disadvantages for both sides. They discuss the importance of running the numbers and having fallback plans to ensure clients are fully prepared before committing to any situation. Sean and Kyle explain the mechanics of a first refusal, detailing how experienced realtors can strategically plan to benefit their clients. In the second half, they share fascinating real-life stories, highlighting the incredible scenarios and domino effects that a first refusal can have on multiple property purchases.

If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

Behind the scenes – setting clients up for success, never skip a step in your process (1:20)

First Refusals – what is it and the minutia involved (3:57)

Disadvantages for the seller (5:43)

Disadvantages for the buyer (6:36)

The options from a financing perspective (7:09)

The importance of running the numbers (9:14)

The mechanics and timelines (10:00)

How do you play it to benefit the buyer side vs the seller side (12:00)

Using data to make decisions (13:33)

Do the hard thing first (16:25)

REAL Collective Marketing (17:46)

Second half – story time (18:18)

A private deal story without lawyers – a hidden first refusal (18:50)

A first refusal story from Sean (21:35)

Another story demonstrating the complexities that can come along with a first refusal (22:17)

The importance of being prepared and coming up with multiple backup scenarios (27:16)

Hit us up with your challenging scenario (29:45)

Outro (31:00)

In this episode, our hosts kick things off by discussing common scenarios where buyers were unprepared and the headaches that can potentially follow scenarios like these. Kyle highlights critical red flags to watch out for to stay in the bank's good graces. Meanwhile, Sean emphasizes the importance of setting realistic price expectations for both buyers and sellers, and the crucial step of managing expectations before a home inspection.

To top it off, Sean and Kyle share some captivating stories from the negotiation table, offering invaluable insights for anyone navigating the real estate market.

If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective

Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:

Instagram: https://www.instagram.com/real.collective.inc

Facebook: https://www.facebook.com/realcollective.ca

TikTok: https://www.tiktok.com/@realcollective

LinkedIn: https://www.linkedin.com/company/real-collective-inc

Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa

Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#realcollective #podcast #ottawa

Intro (0:00)

A few different scenarios where the client was not prepared (1:52)

Avoid the red flags for your bank (4:02)

Setup comes with experience (4:57)

Necessary improvements do not impede the value of the house (7:40)

Setting expectations for sellers and buyers (9:15)

An example of a great setup (10:15)

Buyer side expectations (12:36)

The importance of knowing your own limitations (13:30)

REAL Collective Marketing (16:22)

Second half (16:55)

Home inspection expectations (17:40)

Understanding numbers and the products that are available (21:25)

Always room for negotiations (23:40)

Understanding what it all means (25:23)

Checking the ego (27:00)

A crazy bidding story from different angles (28:15)

Outro (32:06)