🔥 *With new builds catching fire...*
🏡 *Homes sitting on the market longer...*
💰 *Interest rates coupled with the stress test* affecting both buyers and homeowners...
🤓 *Staying informed is crucial in today's real estate market, but it's not always clear what is actually happening!*
[ Ссылка ]
Join me for a comprehensive overview of the evolving real estate landscape in Ontario and what changes are coming your way!
💁🏻♀️ *In this episode, we'll chat about:*
1. *Overpaying Risks for Buyers:* Understand the potential pitfalls of offering more than the appraised value and the consequences that follow.
Litigation case for an example: [ Ссылка ]
2. *Selling During a Market Correction:* Learn from real-life experiences as Rochelle shares insights on selling a home during market shifts.
3. *Interpreting Real Estate Statistics:* Discover the importance of local knowledge and why you should turn to your boots-on-the-ground REALTOR® for accurate information.
4. *Consumer Protections:* Rochelle delves into recent changes in legislation and the push to enhance consumer experiences and transparency in real estate transactions.
*Report a REALTOR® to the Real Estate Council of Ontario:*
[ Ссылка ]
5. *Home Affordability Challenges:* Explore the reasons behind the housing affordability crisis and the various solutions being implemented.
6. *Rental Affordability Challenges:* With the rental market surpassing the average person's affordability threshold, the crisis for tenants is very real. Rochelle shares comprehensive studies & the actions being taken to protect tenants.
*Want to make an impact & protect affordable rentals?*
Add your information to the *Rental Registry!*
[ Ссылка ]
7. *What's Next in the Ontario Real Estate Market:* Gain valuable insights into the future of the market and what you can expect in the coming months.
If you're considering buying or selling a home in Ontario or simply want to stay informed about the real estate industry, this video is a must-watch. Rochelle shares her expertise and knowledge to help you successfully navigate the shifting real estate market.
*Rochelle Edwards*
Broker & Board of Director for RAHB
📧 Hello@GenuineRealtor.com
www.GenuineRealtor.com
S. Todd Real Estate Ltd., Brokerage
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0:00 - Intro
0:36 - Pitfalls in a Shifting Market
0:53 - Risks When Overpaying for a Home
1:14 - Breaching Your Contract
1:44 - When a Seller Sues for Damages
2:00 - REALTOR® You Can Trust
2:14 - Sellers Beware
2:39 - Selling Risks
3:14 - Falling Market Strategies
4:00 - Genuine Extra Mile for Clients
4:31 - Skewed Statistics
5:33 - Protections for Consumers
6:30 - New Laws Passed - Trust In Real Estate Services Act
6:56 - Transparency: Consumer Information Guide from RECO
7:21 - Transparency: Open Offer Process
7:33 - REALTOR® Code of Ethics Reform
7:39 - Discipline for Bad Acting REALTORS®
7:50 - File A Complaint Against Ontario REALTOR®
8:00 - Working With A REALTOR® You Trust
8:11 - Home Affordability in Ontario
8:58 - Ontario Housing Affordability Task Force
9:18 - Red Tape for Zoning, Permits & Bylaws
9:38 - Alternative Housing: Tiny Homes, Granny Suite, etc.
9:52 - Expenses & Taxes on New Builds
10:30 - Shortage of Trades to Build Homes
10:48 - Building Homes Faster Fund
11:16 - Short Term Rentals: Airbnb, Vrbo
11:37 - Student Housing
11:49 - Rental Housing Study
12:32 - Protect Rental Affordability: Rental Registry
12:42 - Recession Fallout in Ontario Real Estate Market
13:13 - Let's Connect!
