Sold in the 6ix - Toronto Real Estate
Sold in the 6ix is your insider connection to the ever-evolving Toronto real estate scene, hosted by Desmond Brown from RE/MAX Hallmark. This podcast is a treasure trove for anyone involved in the Toronto real estate scene. Whether you're stepping onto the property ladder in Ontario's vibrant GTA, looking to invest in the market, a realtor yourself, or simply fascinated by the unique homes that dot the 6ix. Desmond, a seasoned Toronto realtor, taps into his vast network to bring listeners exclusive insights, blending his real estate prowess with the latest market analyses and trends. What sets Sold in the 6ix apart is the unique access Desmond provides to a roster of industry insiders and experts, enriching the conversation with a diverse range of perspectives on sales, mortgages, and investing strategies. As a listener, you'll get an insider's perspective on how to navigate the complexities of the Toronto real estate market, from securing your dream home to optimizing your investment portfolio. With advice rooted in the comprehensive seller services that RE/MAX Hallmark is renowned for, this podcast is an essential listen for anyone interested in understanding or entering the competitive world of Toronto real estate.
Episodes
This episode originally published in March, 2023.
You may have seen or read about this story on CBC. But wait until you hear all the details.
CBC Toronto been running a series of articles on real estate fraud of a different kind the last couple months. Thieves posing as owners of homes, selling the properties, and disappearing. Only to have the real homeowners find out weeks later.
This episode was first published in August 2022.
They're a weekend tradition across North America... especially in the summertime.
The yard sale or garage sale is a great chance to "edit" or clean out that storage room you want to turn into a home office.
Depending on what you're selling, yard sales can also be very profitable.
In this special edition of Sold in the 6ix, h...
This is a flashback to episode 64 of Sold in the 6ix originally published in Spring 2023.
Sometimes things can get nasty. Wrong. Dirty.
Real Estate agents do their best to protect their clients in every conceivable way. But sometimes, even after a fair deal has been signed, things can happen. In extreme cases you can have one side try to bully the other into an even better deal.
In this episode Des connects w...
In this episode of Sold in the 6ix, Desmond Brown discusses two cases of unethical behaviour by real estate agents in Ontario.
The first case involves an agent who allowed a buyer to start renovations on a property before the sale was finalized, resulting in a $10,000 fine.
The second case involves an agent who repeatedly violated regulations, including altering contracts without the seller's knowledge, failing t...
A house is more than a home; it's a story waiting to be told.
In this episode, Des checks in with veteran home inspector Richard Gaughan in a deep dive into the evolving dynamics of property evaluation.
Amidst a market that once raced past such precautions, they explore how buyers and sellers are now embracing the protective reassurance of detailed home assessments.
Richard's 30 years of expertise reveal not ...
In this episode we dive into the innovative business model of Openroom, founded by Weiting Bollu.
Openroom is revolutionizing the rental market! It’s an online database that has the names of tenants and landlords who have been found at fault by the Landlord and Tenant Board.
Openroom helps with the due diligence that all landlords and tenants should go through before agreeing on a residential lease...
Make real estate investment your new reality.
Desmond and real estate guru Todd C. Slater explore the path to investment success for the average person. They look at the significance of defining your investing "why," the strategic approach to financial readiness, and the smart utilization of home equity to kickstart your investment journey.
Des and Todd walk you through the practicalities o...
It’s no secret Canada’s over 65 population is swelling. With 7.6 million Canadians now aged 65 or older, the importance of having affairs in order is more important than ever.
Guest Garry Cass explains the difference between a power of attorney and a will, and the importance of updating wills regularly. He also discusses the complications that can arise when someone dies without a will, and the challenges of...
Desmond and his guest Tim Hudak of OREA explore the complexities of Ontario's housing market, starting with a focus on the affordable housing report.
A few years ago, the Ontario government announced an ambitious plan to address the housing crisis, aiming to build 1.5 million homes over the next decade.
Despite challenges such as COVID-19, supply shortages, and rising costs, progress has bee...
In this episode Des interviews Ashley McInnis, a real estate agent who built a laneway house in Toronto.
McInnis shares his experience with the process, from obtaining permits to dealing with construction and financing. He explains the project cost around $350,000 for the laneway house itself, plus additional expenses for renovations to the main house and landscaping, totaling around $500,000.
De...
The Naughty Agent series in this podcast discusses cases of disciplinary action taken against real estate agents in Ontario.
In this episode the first case involves an agent who responded to a Kijiji ad from a woman looking for a place to rent. The agent made sexually suggestive remarks to the woman, charged her $700 to strengthen her rental application, and advised her to falsify documents. The deal fell th...
The Leslieville neighbourhood of Toronto is coping with a “Safe Injection Site” (also called Supervised Consumption sites). Journalist Derek Finkle of the National Post lives in the community. He says the site, which opened in 2017, has drastically changed the neighbourhood, attracting drug dealers and leading to increased crime and drug use.
The situation escalated in summer 2021 when a stray bullet from a ...
There’s good reason for optimism in the Toronto real estate market. Steve Tabrizi, COO of RE/MAX Hallmark joins Des to look at the current state of the real estate market and their predictions for 2024. They discuss the impact of interest rate hikes on the market, the increase in inventory, and the potential for a rebound in the market in 2024.
They also discuss the implications of the new Trust in Real Esta...
Well buying someone a home or commercial property is a dynamite gift but let’s be realistic. Maybe something a little more realistic?
Tamara Grierson of Staging Life shares her ideas for holiday gifts for the home. She discusses different types of decorations, including artificial and real Christmas trees, and offers tips for making them look festive. Tamara also suggests various gift ideas, such as closet organizatio...
Des and Jennifer discuss recent disciplinary decisions by the Real Estate Council of Ontario (RECO) against real estate agents.
Three cases:
- one where an agent contacted sellers whose houses were on the market and tried to convince them to terminate their current contracts and list with her
- another where an agent representing a buyer listed a property for lease before the buyer owned the property
- and a thi...
Higher rates have slowed overall sales but prices in markets like Toronto have increased by about 3% since last year.
Those not buying or selling but whose mortgages are up for renewal are facing challenges, with some being forced to sell or risk losing their homes.
In this episode Des and Jason Georgopoulos of Dominion Lending Centres discuss strategies for managing these tough times, including re-amortizing mortga...
People who bought pre-construction condos years ago are now struggling to close the transactions due to changing market conditions and rising interest rates.
Mark Morris, a real estate lawyer, is dealing with many such cases. Morris explains the current falling market is causing many buyers to be unable to close their transactions, leading to legal problems. He advises buyers to secure large deposits to protect thems...
Des teams up with Asif Khan to discuss the current real estate market in Toronto. Despite sensational headlines suggesting a plunge into a buyer's market, they argue the market remains a seller's market, albeit quieter in terms of units sold. Prices continue to climb, with the average price up 3% compared to last year.
Listings are up by 44% compared to last year, leading to longer days on the market before...
Ontario Premier Doug Ford has reversed his decision to open up the Greenbelt for development, following backlash from opposition parties, media investigations, and findings by the province's auditor general and Ethics commissioner. The report suggests developers had inside information about the lifting of restrictions on the Greenbelt and could make up to $8.5 billion by redeveloping it. As a result, two cabinet ...
The Ontario Realtor Wellness Plan has been initiated by the Ontario Real Estate Association (OREA). The plan required agents pay increased annual dues of $760 and participate in a mandatory wellness program. In this episode we talk with Stacey Evoy and Tania Artenosi of OREA about the backlash they’ve been receiving and why they brought in the benefit plan.
Listen For
10:30 The changes to the standard pl...
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