If you’ve ever tried selling your home before, you know just how daunting it can be to find the real estate brokerage that’ll work best for you and save you as much money as possible in the process.
Thankfully, it doesn’t have to be agonizing choice — look to New Era Real Estate, the full-service brokerage that saved a Mississauga family over $70,000 in commission.
New Era Real Estate is an established brokerage that services much of the GTA, including Toronto, Mississauga, Brampton, Oakville, Milton, Burlington, Hamilton, Durham, and York.
New Era sets themselves apart from other brokerages by handling everything involved with listing and selling your home, but without the hefty commission fee — instead of charging the regular 2.5% commission that other full-service brokerages do, they charge a simple flat fee of $5,900, which means more money in your pocket for you to invest in what’s important to you.
So just how much can you save when you sell with New Era Real Estate?
According to the brokerage, one of the best sales they worked on was a Mississauga house that was sold in less than 24 hours — and because New Era handled both sides of the deal, they saved the client over $70,000 in commission fees.
“We broke a record for the street in regard to sale price,” said John Martino, New Era Real Estate founder.
New Era takes the burden off you by handling every aspect of the sale: Their high-quality service includes market analysis, professional photography of your property, a variety of selling strategies, home preparation, a robust marketing/advertising campaign, schedule showings and buyer qualification, negotiation, and more.
Additionally, you don’t pay them a cent until your property has been sold, so you can be confident New Era Real Estate is doing all it can to get your home sold and offer you the best customer satisfaction.
New Era Real Estate has been going strong since it was established, even during the uncertain times of the COVID-19 pandemic.
“Real estate is an essential aspect of our lives that is able to adapt to new protocols, which minimizes the stress of having to sell your home during this difficult time,” Martino said.
Contact New Era today for your free (no obligation) listing appointment by visiting newerarealestate.ca, calling 416-508-9929, or emailing info [at] newerarealestate [dot] ca.
For the latest news and updates, follow New Era on Facebook and Instagram.
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
