The ongoing COVID-19 pandemic has been having far-reaching impacts on almost every aspect of our lives, and the financial impact is one of the most prominent.
That’s why, right now, selling and saving with New Era Real Estate makes more sense than ever.
For residents looking to sell their homes right now or who had already made preparations to sell before the pandemic hit, New Era Real Estate has you covered – and their new safety protocols keep clients safe while the process of selling continues smoothly, saving homeowners thousands.
“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,” said founder John Martino.
For those who aren’t already familiar, New Era Real Estate is an established full-service brokerage that services much of the GTA, including Toronto, Mississauga, Brampton, Oakville, Milton, Burlington, Hamilton, Durham, and York.
What sets them apart from other brokerages?
New Era Real Estate works for you and helps you save big 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.
On top of that, you don’t pay a cent of that fee 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.
Speaking of customer satisfaction, New Era’s full, high-quality service leaves nothing out. When you sell your home with New Era you’ll get 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 much more.
New Era’s agents and brokers are all fully licensed, have years of experience, and are paired up with sellers based on the city/area they specialize in, ensuring they can provide the best service possible.
During these tough times, don’t just settle with any old brokerage. When you list with New Era Real Estate you know they’re prepared to be your realtor for life, long after the current pandemic is over.
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.
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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.
