1835 replies to this topic

[VicHockeyFan]

You know, I wish the real estate board would just say, "you know what, let's not turn the business into a reality TV show"

 Miller said the Seller’s Market chose the competing realtors according to several criteria. One is knowlegde. “Basically, we wanted to choose the best possible realtors in the area,” he said. Others include presentability and personality, he said. All of the competing realtors have unique personalities, he said. “They are all very different people,” he said.

 

While all five realtors are very professional and respectful towards each other, they are also fiercely competitive, an unexpected development. “We didn’t know how competitive these realtors would be on the show,” said Miller.

Each episode features four of the five realtors talking with prospective clients. Each episode records their respective pitches to the clients, as well as the deliberations of the would-be sellers. The show then catches up with everybody.

 

http://www.saanichne...e-in-tv-series/

[Nparker]

You know, I wish the real estate board would just say, "you know what, let's not turn the business into a reality TV show"...

With the Mango Menace in the White House, pretty much everything has become a reality TV show.

[lanforod]

Huh, that's an interesting reverse take on House Hunters, I guess. Seems like free publicity for those 5 realtors/agencies.

 

Marko, thoughts on this?

[FirstTimeHomeCrier]

You know, I wish the real estate board would just say, "you know what, let's not turn the business into a reality TV show"

 

But what will our nation's collective Moms watch on Sunday afternoons if they don't have real estate-based reality shows?

[dasmo]

Finding the most knowledgeable ones? I think they mean gregarious or entertaining? How much knowledge do you need to be a realtor?

[North Shore]

But what will our nation's collective Moms watch on Sunday afternoons if they don't have real estate-based reality shows?

 Get off their fat arses, and go outside to the park with their kids...just like their parents did back in a 12 channel universe..

[VicHockeyFan]

Huh, that's an interesting reverse take on House Hunters, I guess. Seems like free publicity for those 5 realtors/agencies.

 

Marko, thoughts on this?

 

Not if they are paying to be on the show.

[FirstTimeHomeCrier]

 Get off their fat arses, and go outside to the park with their kids...just like their parents did back in a 12 channel universe..

 

But my mother's kids are 27 and 29 and live far away from her! Is she doomed to wander the park aimlessly for the rest of her life?

[Mattjvd]

http://www.ctvnews.c...omist-1.3454660

Interesting read. Sounds to me like his assumption for the amount of speculative demand is too high. We'll see.

Edited by Mattjvd, 13 June 2017 - 04:49 PM.

[lanforod]

That, and also I don't think he's accounting for other factors, such as the uptick in condo and townhouses sales in Vancouver now, as well as the typical spring bump.

 

Not sure about Toronto, I don't follow that market at all.

[LeoVictoria]

You know, I wish the real estate board would just say, "you know what, let's not turn the business into a reality TV show"

http://www.saanichne...e-in-tv-series/

 

The market sets the price.   Individual realtors above a minimum level of competence don't have the power to influence selling price except perhaps with very unique properties that have a limited pool of buyers and require specialized marketing.

Whichever of the 5 realtors are chosen for a property, it will sell for market price (or not sell, if it's overpriced).

[dasmo]

The market sets the price.   Individual realtors above a minimum level of competence don't have the power to influence selling price except perhaps with very unique properties that have a limited pool of buyers and require specialized marketing.

Whichever of the 5 realtors are chosen for a property, it will sell for market price (or not sell, if it's overpriced).

The one with the better portrait on the bus stop bench and the fancier car always gets a better price. Everyone knows that! Now if they have a catchy slogan...watch out... 

[Victoria Watcher]

In June, an oceanfront property in Metchosin sold for $12 million, setting a record high in Greater Victoria. The new owners of 529 Swanwick Road have not been publicly disclosed. Whoever they are, not long after they bought the house, they hired security guards to patrol their property line and extended their fencing, cutting off access to the waterfront in front of their property and interrupting a shoreline trail that provided beach access.  

 

____________________________

 

A security guard told Capital Daily that there were instances in which people came up to the house, looked in the windows, and knocked on a door. One person let a dog loose on the lawn. In a futile attempt to stop such behaviours, the guard said, the owners put up signs warning people to stay on the trail and to leash their dogs, before resorting to the fencing. 

 

Metchosin Councillor Marie-Térèse Little says that she has spoken with the owners, and that they’ve been “severely harassed,” including with vulgar language and threats of violence. She agreed to pass along an interview request from Capital Daily, which they declined, in part so as not to inflame the situation, she says.

 

“They’ve been called Nazis and racial slurs. It’s really out of hand,” Little says. A trespasser even threatened to shoot the family, according to Little. 

 

The owners are newcomers from Europe, she says: “This is the welcome they get.”

Metchosin Council has been receiving impassioned correspondence from locals about the changes implemented by 529 Swanwick’s new owners. 

 

Sue Pantor relayed a conversation she’d had with the owners, who said they’d witnessed people defecating, taking photos, and letting their dogs roam off leash. “I would challenge any homeowner in our community to allow that kind of behaviour on their own private property,” she wrote.

 

 

https://www.capitald...ir-taylor-beach

Edited by Victoria Watcher, 22 February 2022 - 07:16 PM.

[Nparker]

...They’ve been called Nazis and racial slurs...

Aren't all single family dwelling owners racists? Not sure if I heard this from Lisa Helps or Justin Trudeau. These days it's hard to know which SJW is throwing about these particular epithets. 

[Victoria Watcher]

Canada’s banking regulator to tighten mortgage-HELOC rules to curb rising homeowner debt

 

 

https://www.theglobe...interest-rates/

 

The trendiest type of home equity line of credit is in the crosshairs of Canada’s banking regulator, which is looking to curb risky borrowing as rising interest rates put added pressure on heavily indebted homeowners.

 

The product under scrutiny is the readvanceable mortgage – a traditional mortgage combined with a line of credit that increases in size as a customer pays down the mortgage principal. The regulator, the Office of the Superintendent of Financial Institutions (OSFI), calls them combined mortgage-HELOC loan programs, or “CLPs,” and has been watching warily as they have exploded in popularity while home prices have soared.

 

In the first two years of the COVID-19 pandemic, readvanceable mortgage borrowing increased 34 per cent and the combined-loan products had a total value of $737-billion in the first quarter of 2022, according to Bank of Canada data. That accounted for 42 per cent of all residential secured lending, higher than 37 per cent in the first quarter of 2020 and 36.5 per cent in the same period in 2019.

[spanky123]

^ A lot of this money has been funneled into crypto and the stock market. Regulators are wise to try and limit the damage although it is probably too late.