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GTA Real Estate

richaceg

Well-known member
Feb 11, 2009
11,678
3,720
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So now realtors go door to door offering to buy properties? I just got an envelope on my front door from some realtor who is saying he has a client interested on my home...is this the new norm?
 

rgkv

old timer
Nov 14, 2005
3,954
1,445
113
Answered my door yesterday,,, agent "wanna sell. I have investors"

Actually, my answer was yes,, but here are MY CONDITIONS...
 

KBear

Supporting Member
Aug 17, 2001
4,169
1
38
west end
www.gtagirls.com
Some realtors may have a buyer for a house like yours, but if you are in a high demand area you would still generally better to put your house on the open market and let people bid on it.

If you want to deal with someone that came to your door with a buyer, you could sign a short term, one week, exclusive listing, see what happens. People get scammed sometimes when they sign a long term agreement.
 

Butler1000

Well-known member
Oct 31, 2011
28,812
3,468
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I just do not trust door to door on anything really. About the only exception was getting a driveway done when they were close by doing another house and because they were there transport cost was eliminated.

But selling my house? When the time comes I will go with a big firm, vetted and let the bidding commence. Too big to trust otherwise.
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
It's been happening for years.
 

rgkv

old timer
Nov 14, 2005
3,954
1,445
113
my house is a knock down, it's the lot they are after, I told the agent what I want 'IN MY HANDS', never mind minus fees, also a long term buying agreement, no pressure to find a new house and also an extra month after closing date to move. He said he figures he can arrange all of it. Big name realtor so that helps my confidence.
 

james t kirk

Well-known member
Aug 17, 2001
23,939
3,692
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The whole thing has become an immense bubble. These are sure fire signs of the pending real estate apocalypse.

Everyone and his sister is now a real estate expert or worse yet, an agent figuring they should get 5% commission for selling your house.
 

Butler1000

Well-known member
Oct 31, 2011
28,812
3,468
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my house is a knock down, it's the lot they are after, I told the agent what I want 'IN MY HANDS', never mind minus fees, also a long term buying agreement, no pressure to find a new house and also an extra month after closing date to move. He said he figures he can arrange all of it. Big name realtor so that helps my confidence.
Big name realtor makes the difference. Make sure you visit the office to confirm this. Knockdown as well. Although these days that's probably what half the houses in the city are considered.
 

The "Bone" Ranger

tits lover
Aug 5, 2006
4,229
29
48
some of these dudes have legitimate buyers sitting overseas, just say your price and you might be surprised, no harm, just do a 2 day listing with no holdover period once you agree on a price...oh, and make sure you get an oversized deposit with the offer and not a bullshit 5 percent
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
my house is a knock down, it's the lot they are after, I told the agent what I want 'IN MY HANDS', never mind minus fees, also a long term buying agreement, no pressure to find a new house and also an extra month after closing date to move. He said he figures he can arrange all of it. Big name realtor so that helps my confidence.
Wow very cool. I've seen your posts for quite some time about your home. So... you're gearing up to make the plunge and sell?
 

microman2008

Member
Sep 4, 2008
216
0
16
Will the housing market really collapse. I'm starting to think it won't and it at worst will level off for a while and then go up gradually. Any thoughts?
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
The whole thing has become an immense bubble. These are sure fire signs of the pending real estate apocalypse.

Everyone and his sister is now a real estate expert or worse yet, an agent figuring they should get 5% commission for selling your house.
I agree we're in a bubble. 2016 marked a trend in prices that doesn't reflect any economic reality, and 2017 has started off with the same outrageous acceleration in home prices.

"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria"
 

rgkv

old timer
Nov 14, 2005
3,954
1,445
113
Wow very cool. I've seen your posts for quite some time about your home. So... you're gearing up to make the plunge and sell?
Yes.. it's time to go, time to retire, can sell, buy out of the city, money in the bank. This agent I talked to, I talked to him first out in the driveway, he was showing the house next door, I know what they get for these places, I'm asking for more than anyone's got in my neighbourhood. He told me you can't get these size lots. they will pay..I see his name on signs, get his flier's all the time. And like I said, a reputable firm.
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
^^^
That's so exciting!!! Good for you!
 

K Douglas

Half Man Half Amazing
Jan 5, 2005
26,206
6,476
113
Room 112
The prices are just getting out of hand. This is not a supply demand issue. This is wealthy Asian investors (many of them overseas) paying stupid amounts for properties. In some cases hundreds of thousands over asking price. Oakville has been the epicentre of this phenomenon, average housing prices have skyrocketed by 30-40% the past year alone.
 

Butler1000

Well-known member
Oct 31, 2011
28,812
3,468
113
The prices are just getting out of hand. This is not a supply demand issue. This is wealthy Asian investors (many of them overseas) paying stupid amounts for properties. In some cases hundreds of thousands over asking price. Oakville has been the epicentre of this phenomenon, average housing prices have skyrocketed by 30-40% the past year alone.
I was reading an article in the G and M. There are a lot of Europeans buying as well concerned about more exits and what is happening over there. Tons of foreign money from the ME and even Africa as well.

We are the emergency safe spot. Buy property, put some hedge money in a Canadian Bank and residency is easy to obtain.
 

The Hof

New member
Mar 18, 2015
266
0
0
Every realtor in the city wants to sell your house. It's way easier than taking buyers to multiple houses and getting into bidding wars you can lose. Listing agents always win in a bidding war.

I have clients to bring to the table... lol... list an outhouse in Toronto and you'll have clients piled up like dead cicadas on your table. If you want to cash out find a realtor you want to work with go for it. Could be the guy that spammed ya old school or could be someone else, but sell high and.......... well, figure out what from there. Want to buy again in Toronto, get in the bidding war line and good luck.

I got buyers... no, your house has buyers, not the realtor.
 

jimmylikes

Well-known member
May 23, 2012
3,335
745
113
was happening in Vancouver before the crash.....usually a sign the bubble is about to pop....the last stage of euphoria buying on the parabolic chart

Governments are way behind here on a foreign buyer tax, its disgusting how corrupt they are. The city of Toronto and GTA are being sold out to foreign money .......our kids are completely fucked
 

Smallcock

Active member
Jun 5, 2009
13,703
21
38
was happening in Vancouver before the crash.....usually a sign the bubble is about to pop....the last stage of euphoria buying on the parabolic chart

Governments are way behind here on a foreign buyer tax, its disgusting how corrupt they are. The city of Toronto and GTA are being sold out to foreign money .......our kids are completely fucked
Their hands are tied. They city has become dependent on tax revenue from real estate transactions.
 
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