Virtual Showings!

You can Virtually walk through my listings right from the comfort of your home. Floor to floor, room to room, zoom in zoom out, look down look up as if you were actually there. Each listing comes complete with floor plans, measurements, map and of-course photos.

Real Estate is an essential service and we are doing our best to adapt to changing times all with your safety on mind.

Thank you for your trust.

Safety Measures

During the hardest of times, some clients still have to sell their homes and some have to buy one. If things cannot wait and cannot be postponed till a later date, we are taking multiple measures to ensure the safety of everyone involved.⁣ ⁣ Be safe, stay safe and God bless.

Thank you for watching and have a great day. ⁣ ⁣

The Wellness of My Clients!

With all thats going in, one thing remains a constant. The needs and wellness of my clients is my top priority and guides my decisions. ⁠⠀ ⁠⠀

If you have questions or want information on the market conditions please reach out. I am committed to providing you support, understanding and assistance. ⁠⠀

Thank you for watching and have a great day.

How’s COVID-19 Going to Impact the Real Estate Market?

Know this that I am here for you if you have any questions. As this whole situation continues to evolve, I remain committed to supporting you and keeping you informed.⁣ ⁣

Thank you for watching. Have a great day. ⁣ ⁣

How’s The Market?

Well, in a nut-shell it’s so hot it’s on fire! 7,256 home sold in February, that’s 45.6% increase vs. 2019. Activities are up 61.8%, and average price is now $989.218.

Condos trading is up 24.8% with average price increased 18.6% to $666,358.

Buckle up, we’re in for a ride!⁣

Goodwill in Business!

Most businesses sell for a price which is higher than the value of their chattels and assets. This price difference, or additional value, is called goodwill.

Goodwill is seen as an intangible asset on the balance sheet because it is not a physical asset like the equipment. Goodwill typically reflects the value of intangible assets such as a strong brand name, good clientele, good customer relations, good employee relations and any patents or proprietary technology. A business is goodwill reflects all the intangible factors that are responsible for the company is success. This goodwill value could be substantially harmed if employees, customers, suppliers or others hear rumours about the business is for sale. The employees will worry about their jobs and will either leave, or spread incorrect rumours. Your customers might question the stability of the business and they may stay away. Even your suppliers might not want to provide your credit, or even become worried about your financial stability.

We ensure not to to advertise any information about the business that could harm your business without your permission. The buyers that we deal will will be screened, qualified, and if need be will sing a confidentiality agreement before receiving any information about your business.

We have your best interest at heart and we will go the extra mile to ensure you have the best possible experience when buying or selling business with me and my team.

Looking forward to earning  your business too!

Steps to Selling a Business

On average, selling a Business will take several months. You will need correct pricing, proper exposure, and an experienced Broker with connections to handle your transaction. Buyers want facts. You will need a complete package of information about your Business, including financial data and lease documentation so we can present it to our clients. Here are some of the steps to selling your business:

1. Collect all of the pertinent data:

  • A copy of the existing Lease
  • A copy of your past 3 months utility bills
  • Financial statements for past 3 years
  • List of all equipment leases
  • List of all Chattels (furniture, fixtures and equipment)
  • List of past and present customers
  • Notice of Assessment for past 3 years
  • Approximate value of your normal inventory
  • Copy of franchise agreement (if applicable)
  • List of loans against the business

2. Establish a fair market value with our assistance
3. Prepare a customized marketing strategy
4. Inform potential buyers and buyer-agents of this opportunity
5. Showings
6. Offer and negotiations
7. Closing
8. Familiarization

I will go over the above steps in more detail when I meet with you. I  prepare you for every step, and ensure your transaction is handled smoothly and that you are buffered from any stress.

Looking forward to earning your business too.

Selling A Business!

Even in today technology world, most small to medium sized businesses are sold through connections. I advertise your business to my database of clients and agents that are actively looking for a business. We make sure that we will attract the buyers that will pay the most for your business, because we have qualified them and we know what they are looking for. A copy of the following pertinent data is required:

  • A list of any equipment leases,
  • A copy of your existing lease,
  • Your financial statements for the past three years,
  • A list of your Chattels (furniture, fixtures, equipment),
  • List of past and present customers,
  • An approximate value your inventory,
  • A copy of franchise agreement (if applicable),
  • A list of loans against your business.
  • We will establish a fair market value, prepare a marketing strategy, inform buyers and agents in our database about your business, facilitate showings, prepare offers and negotiate, and be there on and after Closing. We will ensure this entire process is as smooth and as stress-free as possible for you.

Please contact me and tell me about your business. Let’s set up a confidential meeting to discuss the sale of your business. Thank you.

Choosing the Right Agent

Choosing the right agent is one of the most important steps towards the successful sale of your property. They’ll be doing all the hard work in your sale, from listing and marketing your home to negotiating sales and taking care of the legal aspects — all crucial to the success of your sale.

Think of choosing an agent as entering into a business partnership: because that’s exactly what it is — a partnership where both parties stand to gain from a successful result. Here’s a list of 20 questions you should ask:

1. How long have you been in the real estate business?
2. How long have you been affiliated with your company?
3. Are you a full-time real estate agent or do you work elsewhere 9 to 5?
4. Do you have a specific written action plan to present to me now?
5. What marketing samples can you show me? (e.g. Brochures, Flyers, Ads)
6. What do you hand out to Buyers? Can I see one now?
7. Is your marketing national, international and global?
8. How many homes have you personally sold and closed in the past 12 months?
9. What percentage of your listings expire as unsold?
10. What is the average Days-On-Market for your listings?
11. What is the List-To-Sale Ratio on your listings?
12. The internet is the way of the future, what Internet marketing and networking do you do?
13. Will you personally answer all the calls and internet inquiries about my home?
14. Once I hire you, do I talk directly with you, or am I put forward to your office receptionist?
15. Will you keep me informed and up-to-date on all showings and feedback?
16. Will you follow up with the agents who show my home to their Buyers?
17. Will you invest your own money and put a marketing plan in place for my home?
18. Will you provide the potential Buyers a connection to a great Mortgage Broker?
19. Who can qualify Buyers who are interested in purchasing my home?
20. How will you protect my equity in this sale?

Forms of Agency Relationship

From ONTARIO REAL ESTATE ASSOCIATION, WORKING WITH A REALTOR®

Explaining Possible Forms of Agency Relationship

Representation
When a real estate company is a “seller’s agent,” it must do what is best for the seller of a property. A written contract, called a listing agreement, establishes seller agency. It also explains services the company will provide, establishes a fee arrangement for the Realtor’s services and specifies what obligations a seller may have.

A seller’s agent must tell the seller anything known about a buyer. For instance, if a seller’s agent knows a buyer is willing to offer more for a property, that information must be shared with the seller. Confidences a seller shares with a seller’s agent must be kept confidential from potential buyers and others. Although confidential information about the seller cannot be discussed, a buyer working with a seller’s agent can expect fair and honest service from the seller’s agent and disclosure of pertinent information about the property.

Buyer Representation
A real estate company acting as a “buyer’s agent” must do what is best for the buyer. A written contract, called a buyer agency agreement, establishes buyer agency. It also explains services the company will provide, establishes a fee arrangement for the Realtor’s services and specifies what obligations a buyer may have. Typically, buyers will be obliged to work exclusively with that company for a period of time. Confidences a buyer shares with the buyer’s agent must be kept confidential. Although confidential information about the buyer cannot be disclosed, a seller working with a buyer’s agent can expect to be treated fairly and honestly.

Multiple Representation
Occasionally a real estate company will be the agent of both the buyer and the seller. The buyer and seller must consent to this arrangement in their listing and buyer agency agreements. Under this “dual agency” arrangement, the company must do what is best for both the buyer and the seller. Since the company’s loyalty is divided between the buyer and the seller who have conflicting interests, it is absolutely essential that a dual agency relationship be established in a written agency agreement. This agreement specifically describes the rights and duties of everyone involved and any limitations to those rights and duties.

Do You Know Who Is Working For You?
It is important that you understand who the Realtor is working for. For example, both the seller and the buyer may have their own agent which means they each have a Realtor who is working for them. Or, some buyers choose to contact the seller’s agent directly. Under this arrangement the Realtor is working for the seller, and must do what is best for the seller, but may provide many valuable services to the buyer.

A Realtor working with a buyer may even be a “sub-agent” of the seller. Under sub-agency, both the listing agent and the co-operating agent must do what is best for the seller even though the sub-agent may provide many valuable services to the buyer. If the seller and the buyer have the same agent, this is dual agency and the Realtor is working for both the seller and the buyer.

Code of Ethics
Realtors® believe it is important that the people they work with understand their agency relationship. That’s why agency disclosure is included in a self-imposed Code of Ethics which is administered by the Real Estate Council of Ontario. The Code requires Realtors® to disclose in writing the nature of the services they are providing, and encourages Realtors® to obtain written acknowledgement of that disclosure. The Code also requires Realtors® to enter into a written agency agreement with any sellers or buyers they are representing.

Realtors® are governed by the legal concept of “agency.” An agent is legally obligated to look after the best interests of the person he or she is working for. The agent must be loyal to that person. A real estate company may be your agent – if you have clearly established an agency relationship with that Realtor. But often, you may assume such an obligation exists when it does not. Realtors® believe it is important that the people they work with understand when an agency relationship exists and when it does not — and understand what it means.