Toronto, GTA Ontario Real Estate Sales Hit Record for Spring Market
One of the best Spring markets ever in Ontario where real estate agents are celebrating a very productive part of their sales year. Does this kind of market mean that all Ontario real estate salespeople are making huge amounts of commission? The fact that interest rates are still low, consumer confidence is growing at a steady incline and most listings are finally coming down to earth with a realistic asking price, does not mean all agents are surviving their sales business. Some listings still brag about attracting multiple Offers but exactly who are the agents that were lucky enough to have the Buyers?
Here are some information that Ontario real estate agents should be familiar with these days:
1. There has been a major increase in listed homes for sale over the same time last Spring
2. The increased amount of homes for sale brought more symmetry into the real estate market-buyers have a wider pick of homes to choose from causing a lesser amount of multiple offer situations
3. Price increases are beginning to become moderate if at all again bringing them inline with the economy
4. As interest rates edge up so slightly and the HST being in full affect, the Toronto, GTA and in fact all of Ontario real estate market will have a slower activity level.
A message to Ontario Real Estate Brokers and Salespeople
Whether you are facing a hot sellers market or hot buyers marketplace or none of the above, as a real estate agent, it is not the end of the world or your trade if you are experiencing a slack or not enough sales to survive financially. Your decrease in sales production could be for a reason other than market conditions, for example, you may have another opportunity you cannot disregard or you may be taking a leave of absence for personal reasons…….maternity leave, sickness in the family, job opportunity out of town or Province etc .
As an Ontario real estate agent, broker or salesperson, if you hold a real estate licence in Ontario Canada and you are thinking of quitting, or leaving the real estate sales business for a while and you wish to keep your real estate license active until you decide to return to sales whether earlier or even later in life, then learn about Park Your Real Estate License.
The Park Your License website will give you all the facts you will need to make the best option for you. Hundreds of real estate agents in Ontario have used this cut-rate answer to spare their licence from being over for good and all the while keeping it in full force and taking advantage of continued sales and/or referral commissions.
For immediate action call: Philip Caputi, hold your Ontario Realtor License Specialist, 1-800-537-1931 or 416-453-8215 or keepitactive @ gmail.com
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