Dreams are Goals without Plans. Stop Dreaming.
Apply now to find out if I can help you save on what you already own to put towards those goals, to pull equity to fund those goals, or to find out what you need to do to acheive the goal of home ownership.
Any goals I can't help plan for, I'm more than happy to refer to someone who can. And if I can't help directly with your goals, ask about my referral program so that in your referring me to someone I'm more immediately able to help, I'm able to do more to help you.
Thanks for your time. I hope you read on and don't leave before filling out an application. Will only take a few minutes and could save up to and more than $50/month depending on your current rate and what is currently on market.
My Marketing... It's You.
Marketing is one of the biggest questions in commission referral businesses. What do you do? Advertise on the radio? TV? Mailers? Magazines?Maybe you do sponsored content on facebook or are real cutting edge and have an advertisement running on YouTube.
Ive considered the radio but Im the only person I know who listens to it and it is a bit out of my early career price range. TV has similar problems only I dont even watch that.
Ive done a few mailers. Theyre comparably affordable and great for getting to a lot of houses but I expect all those houses are like myself, and any non mail goes straight to the recycling. I dont want to contribute to that much garbage.
Ive done some facebook because of affordability and immediacy as I can track whos actually clicked, and I know people are on facebook.
What inspired this post though, was hearing about magazine adverts. To be in a certain real estate magazine, a realtor I know spends $15,000 for a one page advertisement once a year.... $15k... For paper...
As a realtor, he only needs a referral or two from the advertisement to have it pay for itself, and he believes it has been worthwhile. As a broker my numbers arent quite that good, and even if I had it $15k seems absurd to me to spend on a single local advertisement. I can think of WAY better ways of spending $15k.
So I did.
Summer 2018 will have the first annual Carson Park Football Scholarship. Depending on how business goes this, my 2nd year in the industry, will dictate how much Im able to give to how many graduates looking to play university level football.
So knowthat your referrals to me not only result in a kick back to your pocket, but directly provide an opportunity to someone who otherwise may not have had it.
I thank you for your referrals, and so do future recipients.
Apply Nowand let me see how I can help you either plan for your first home, or save money on what you currently own.
Construction intentions for multi-family dwellings in Montréal continue to climb
In October, the value of permits for both single-family and multi-family dwellings increased in the CMAs of Montral and Toronto. However, in the Vancouver CMA, both residential components fell, offsetting the gains in September.
Municipalities in the CMA of Montral issued $538.1 million in permits for multi-family dwellings in October, higher than in Toronto ($409.2 million) and Vancouver ($330.6 million). In regards to single-family homes, Toronto registered $451.3 million in permits, followed by Vancouver ($148.1 million) and Montral ($122.4 million).
The Montral CMA issued permits approving the construction of 2,956 new units, stemming mainly from multi-family dwellings (2,720). October marked the fifth consecutive month where the number of units approved for multi-family dwellings exceeded 2,000. Vancouver approved the construction of 1,860 new units for multi-family homes, while Toronto (1,691) approved fewer despite having a higher value for the component.
Housing Market Digest by Will Dunning, Economist for Mortgage Professionals Canada
The Office of the Superintendent of Financial Institutions (OSFI) now requires that all residential mortgages by federally-regulated lenders must be stress-tested, at two percentage points above the contract interest rate (or the 5- year posted rate, if that is higher). In combination with the requirements for mortgage insurance, about 90% of all new mortgages will be tested.
This can be expected to reduce housing activity by 10-15%. It is on top of the impact from recent rises for mortgage interest rates (another 5-10% drop in activity). The combined 15-25% drop in housing activity will affect the broader economy.
In two years, employment could be 150,000-250,000 lower than it would otherwise be. There is a risk that house prices will fall. In a modern economy, a sustained drop in house prices is one of the most dangerous things that can happen: as happened in the US a decade ago, falling house prices can turn into widespread economic decline.
Resale activity recovered a bit more in September, to 492,900, due to partial rebounds in BC and Ontario. Activity is flat in most other areas.
CREAs House Price Index was flat in September. The year-over-year change is now 10.7% (down from the peak of 19.7% that was seen in April).
The sales-to-new-listings ratio (SNLR) was 55.7% in September, slightly above the balanced market threshold of 51%. This indicator points to an outlook for stable prices (at worst). But, as noted, OSFIs stress test policy creates a risk of falling prices.
We should, in general, expect that resale activity will trend upwards over time, because the population is growing and the housing inventory is expanding. Therefore, it is useful to look at sales on a per capita basis. Recent activity is below the long-term average.