Showing posts with label Buyers and Sellers. Show all posts
Showing posts with label Buyers and Sellers. Show all posts

Tuesday, September 28, 2010

Peer Pressure at ANY AGE!

I was talking to a Realtor about my business real estate packages and when she heard about my FLAT FEE MLS program... she said "you gotta be brave to do that".  

It got me thinking WOW.  Here is a 20 + year veteran in the Real Estate business, a very nice person, extremely hard working and absolutely tremendous communicator,  that if she wanted, she could sell you ICE if you lived in the North Pole... but felt uneasy with my FLAT FEE MLS program because listings less than 5% weren't "desired" at her office.

After I explained to her how my FLAT FEE MLS program works along with my other listing packages she became very excited at the idea.  WOW.. I realized at that point I packaged a  "win-win" transaction that great business people, motivators, teachers, etc. say is desired in all exchanges.  

With my FLAT FEE MLS and service based Listing Packages - Sellers win by paying for only the services they want and need.  They are not forced to pay 5% listing commission for services they won't require or need to sell their condo/house.

I win by saving myself time and money.  I get paid upfront on a FLAT FEE MLS listings and I get more time to spend with my wife and children.  Also I get the personal satisfaction that I helped save a home owner some of their hard earned money and what I earned was well deserved and just.   

In the next few years you will see the Real Estate business transforming in front of your eyes.  For example... sophisticated Buyers who do all the "work" in finding the house they like and will choose a Realtor who will offer them a rebates from the Buyer commission.  It only makes sense, Buyers do all the work, saving you time and money and should be rewarded.

I think the Internet is going to revolutionize the buying and selling process. I'm up for the challenge.  I won't be intimidated.  I'm ready to help home owners sell their homes and create WIN-WIN transactions.  Are you ready?

The beauty of the FREE Market system is that you get to CHOOSE I'd like you to choose me.  I believe my packages will provide you the services you need at a price that is fair to sell your house!  

As consumers, home owners, I'd really like hear what you think.  So send me your comments to my e-mail below.  Thank you.

Jas Jagpal, Sales Representative, 647-272-6629, jasjagpal@rogers.com www.JasJagpal.com  

----------------- Disclaimer ----------------------------------------------------------------
“Different commission rates, fees and listing and marketing services may be offered by other RE/MAX Franchisees and Sales Associates in Canada.” 
Remax Dynasty Realty Inc.  Independently Owned and Operated.  Not Intended To Solicit Buyers / Sellers under contract. 

© 2010- Jas Jagpal

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

Thinking of Selling a House or a Condo - Don't pay 5% or 4% commissions.  

FLAT FEE MLS listings is the way to go: www.SELLFOR999.com

 

 

Posted via email from Markham Boxgrove Real Estate Blog

Wednesday, September 22, 2010

1 in 5 Canadians own more than 5 homes in their life time!

My Buddy Mark Wayne from TD Canada Trust sent me this e-mail.  Excellent statistics for Home Owners, Buyers and Sellers.

Hello friends,

I thought I would share this article with you.  It ‘s about a 3 minute read & it shares the results of TD’s Repeat Home Buyers Report taken from August 12th – 27th.  Some great news for you AND me!!!

 

  - TD Canada Trust releases 2010 Repeat Home Buyers Report -

 

      TORONTO, Sept. 22 /CNW/ - There is no place like home, but for many Canadians, buying a home doesn't mean they plan to stay for long. In fact, one-in-five repeat buyers have owned more than five homes. Twenty-three per cent of those surveyed plan to move again within six years according to the TD Canada Trust Repeat Home Buyers Report, which surveyed Canadians who have either purchased or intend to purchase a home that was not their first home. Less than one-third say their next move will be their last.

Canadians are split on whether their next home will be larger (49%) or smaller (51%), but there is consensus that in their next house-hunt, they intend to find a fully detached home. Seven-in-ten repeat home buyers are looking for a fully-detached home - even those currently living in condos, townhouses or semi-detached homes are looking for fully-detached homes for their next purchase.

Financing their new home

Half of Canadians say the proceeds from the sale of their current home will be less than the value of their new home, meaning that they will need to take out a mortgage (51%).

Most home buyers will try to save money on their mortgage. Eighty-three per cent will put down as much as they can afford for a down payment. A further two-thirds say they will save on interest payments by choosing accelerated payments (weekly or bi-weekly instead of monthly). Sixty-one per cent will save on interest payments by choosing a shorter amortization period for their mortgage. Still, 21% say they will take out the maximum mortgage that they qualified for from their bank (this increases to 28% of those under 40).

"It is encouraging that the majority of Canadians are taking steps to save money on their mortgage," says Farhaneh Haque, Regional Sales Manager, Mobile Mortgage Specialists, TD Canada Trust. "I recommend that home buyers buy the house that fits their budget, not just their lifestyle. After all, if you buy a house that is too big for you to afford, you could be giving up that lifestyle just to pay it off."

Mortgages for repeat home buyers

Two-thirds of repeat buyers have a mortgage on their current home; 72% intend to use their current lender when they purchase a new home. The top reasons for switching among the remaining 28% are better rates (60%), better customer service (33%) and better mortgage terms (28%).

"There are many options available to repeat home buyers and a mortgage expert can help you choose the right one to save money so you can own your new home faster," says Haque.

The TD Home Buyers Report found that nearly 60% of buyers don't know that they have options or haven't thought about their options for their current mortgage. Haque offers these tips for buyers:

 

    -   Take your mortgage with you when you move. Many banks will let buyers

        take their mortgage with them, even if they need to increase their

        principal amount. This gets blended at the current market rate with

        the existing principal at its original interest rate.

    -   Use your mortgage as a selling feature. If the seller's mortgage

        interest rate is lower than current market rates, the purchasers may

        be able to take on the seller's mortgage when they move.

 

The TD Canada Trust Repeat Home Buyers Report showed that only one-third of repeat buyers bring their current mortgage with them to their new home and just 8% use it as a selling feature of their prior home, allowing the new owner to assume their mortgage.

Why buy another home?

The top factor that influences the decision to move is retirement (29%). Other factors include being bored of their current home (16%), investment opportunities (15%) and market conditions (15%). Fourteen per cent say they had always planned to move but were waiting to save enough money.

The top considerations for Canadians' next home are the layout of the home (98%), the size of the home (97%) - though they are divided on whether to go smaller or bigger -- and price (96%).

Selling their current home

The majority of home buyers plan to sell their current property before purchasing another one (84%). Of the remaining 16% who will keep both properties, 39% will use one as a rental property or investment property (20%).

Those selling hope to improve the resale value of their home by renovating (54%) or redecorating (52%).

Fifty-five per cent of Canadian home buyers are cautious saying they wouldn't buy a new home until their current home is sold - but 45% say they would put in an offer if the perfect home came up for sale and hope that their house sells.

 

 Wayne Marks (www.waynemarks.ca)

TD Canada Trust

Mobile Mortgage Specialist

GTA & Surrounding Markets

Tel: 416.294.9704

Fax (Toll FREE): 877.385.6414

"Getting your mortgage IS this comfortable!"

 

© 2010- Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Thinking of Selling a House or a Condo - Don't pay 5% or 4% commissions.  
FLAT FEE MLS listings is the way to go: www.SELLFor999.com

 Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

 

 Bookmark & Share

 

Posted via email from Markham Boxgrove Real Estate Blog

1 in 5 Canadians own more than 5 homes in their life time!

My Buddy Mark Wayne from TD Canada Trust sent me this e-mail.  Excellent statistics for Home Owners, Buyers and Sellers.

Hello friends,

I thought I would share this article with you.  It ‘s about a 3 minute read & it shares the results of TD’s Repeat Home Buyers Report taken from August 12th – 27th.  Some great news for you AND me!!!

 

  - TD Canada Trust releases 2010 Repeat Home Buyers Report -

 

      TORONTO, Sept. 22 /CNW/ - There is no place like home, but for many Canadians, buying a home doesn't mean they plan to stay for long. In fact, one-in-five repeat buyers have owned more than five homes. Twenty-three per cent of those surveyed plan to move again within six years according to the TD Canada Trust Repeat Home Buyers Report, which surveyed Canadians who have either purchased or intend to purchase a home that was not their first home. Less than one-third say their next move will be their last.

Canadians are split on whether their next home will be larger (49%) or smaller (51%), but there is consensus that in their next house-hunt, they intend to find a fully detached home. Seven-in-ten repeat home buyers are looking for a fully-detached home - even those currently living in condos, townhouses or semi-detached homes are looking for fully-detached homes for their next purchase.

Financing their new home

Half of Canadians say the proceeds from the sale of their current home will be less than the value of their new home, meaning that they will need to take out a mortgage (51%).

Most home buyers will try to save money on their mortgage. Eighty-three per cent will put down as much as they can afford for a down payment. A further two-thirds say they will save on interest payments by choosing accelerated payments (weekly or bi-weekly instead of monthly). Sixty-one per cent will save on interest payments by choosing a shorter amortization period for their mortgage. Still, 21% say they will take out the maximum mortgage that they qualified for from their bank (this increases to 28% of those under 40).

"It is encouraging that the majority of Canadians are taking steps to save money on their mortgage," says Farhaneh Haque, Regional Sales Manager, Mobile Mortgage Specialists, TD Canada Trust. "I recommend that home buyers buy the house that fits their budget, not just their lifestyle. After all, if you buy a house that is too big for you to afford, you could be giving up that lifestyle just to pay it off."

Mortgages for repeat home buyers

Two-thirds of repeat buyers have a mortgage on their current home; 72% intend to use their current lender when they purchase a new home. The top reasons for switching among the remaining 28% are better rates (60%), better customer service (33%) and better mortgage terms (28%).

"There are many options available to repeat home buyers and a mortgage expert can help you choose the right one to save money so you can own your new home faster," says Haque.

The TD Home Buyers Report found that nearly 60% of buyers don't know that they have options or haven't thought about their options for their current mortgage. Haque offers these tips for buyers:

 

    -   Take your mortgage with you when you move. Many banks will let buyers

        take their mortgage with them, even if they need to increase their

        principal amount. This gets blended at the current market rate with

        the existing principal at its original interest rate.

    -   Use your mortgage as a selling feature. If the seller's mortgage

        interest rate is lower than current market rates, the purchasers may

        be able to take on the seller's mortgage when they move.

 

The TD Canada Trust Repeat Home Buyers Report showed that only one-third of repeat buyers bring their current mortgage with them to their new home and just 8% use it as a selling feature of their prior home, allowing the new owner to assume their mortgage.

Why buy another home?

The top factor that influences the decision to move is retirement (29%). Other factors include being bored of their current home (16%), investment opportunities (15%) and market conditions (15%). Fourteen per cent say they had always planned to move but were waiting to save enough money.

The top considerations for Canadians' next home are the layout of the home (98%), the size of the home (97%) - though they are divided on whether to go smaller or bigger -- and price (96%).

Selling their current home

The majority of home buyers plan to sell their current property before purchasing another one (84%). Of the remaining 16% who will keep both properties, 39% will use one as a rental property or investment property (20%).

Those selling hope to improve the resale value of their home by renovating (54%) or redecorating (52%).

Fifty-five per cent of Canadian home buyers are cautious saying they wouldn't buy a new home until their current home is sold - but 45% say they would put in an offer if the perfect home came up for sale and hope that their house sells.

 

 Wayne Marks (www.waynemarks.ca)

TD Canada Trust

Mobile Mortgage Specialist

GTA & Surrounding Markets

Tel: 416.294.9704

Fax (Toll FREE): 877.385.6414

"Getting your mortgage IS this comfortable!"

 

© 2010- Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Thinking of Selling a House or a Condo - Don't pay 5% or 4% commissions.  
FLAT FEE MLS listings is the way to go: www.SELLFor999.com

 Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

 

 Bookmark & Share

 

Posted via email from Markham Boxgrove Real Estate Blog