Contrary to all the coaching ‘guru’s out there, the real estate brokerage owners and managers, there are only 3 ways to grow a real estate business: Get more clients Increase the frequency that clients do business with you Increase the transaction size Pretty simple isn’t it? That’s the problem,
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04/07/2012
On par with most of London Ontario real estate activity, the first 3 months of 2012 saw 11 houses exchange hands for an average asking price of $432,245 days and these homes took approximately 30 days to sell. In the same period, 2 condos sold (there are very few condos in this upscale neighbo
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04/05/2012
The Oakridge neighbourhood in west London continues to be a sought after neighbour with 69 houses and 23 condos exchanging hands from January 1 to March 31, 2012. The average house was listed for $308,962 and condos for $181,626 and those that sold received 98% of the asking price. It took 52 da
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04/04/2012
48 homes sold in Old South London, Wortley Village from January 1 to March 31 , 2012! Taking into consideration the size of this small sought after eclectic array of homes, the 48 sales are remarkable! The average selling price was $288,477 and these homes sold for 98% of their asking price and
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04/04/2012
The Sunningdale neighbourhood in North London is still quite active from January 1 to March 31 , 2012 with 8 houses and 4 condos selling. The average asking price of a house in Sunningdale was $448,250 and for condos it was $356,150. It took 17 days and 99% of asking price for houses and condos
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04/02/2012
Byron houses and condos continue to sell quite readily from January 1 to March 31, 2012. All the homes in this quiet south west neigbourhood of London sold for 98% of the asking price. The average house was listed for $293,846 and they took 38 days to sell and 34 were sold. Condos did well with 2
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04/02/2012
Our Provincial licensing council; RECO (Real Estate Council of Ontario) does a great job of explaining our role as a REALTOR® and how to differentiate between a client and customer and our role in representing them and in all transactions notifying all parties involve who represents. It may be c
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02/20/2012
Condominium living is a popular option for many Canadians as it can be a relatively carefree housing option. Currently, in some parts of the country, one out of three new homes built is a condominium. Most newspapers now include a condominium section which recognizes the increasing number
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02/14/2012
In Part 1 we covered how to generate commissions within 45-60 days; Part 2 is about building a stable business. #2: Create a “Customer List” and Make Them Your Primary Market You already know that research says 77% of all real estate transactions occur from a relationship – they know the agent or
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02/13/2012
“Hi Lucy, I’m stuck in the elevator!” I had a listing appointment to do a CMA for an apartment condo in a high-rise building. She buzzed me in and my next conversation with her was, ’Hi Lucy; I’m stuck in the elevator”. “Oh no, are you OK?” she asked. “I’m fine, thanks”. She asked “Do you want
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02/06/2012