Does The New Federal Budget Help Home Buyers?

Video Blog 60 (Vertical Video)

This week the latest federal budget was released. What does it mean for Toronto home Buyers and Sellers? Well, along with other announcements, a First-Time Home Buyer Incentive was introduced.

The Incentive would allow eligible first-time home buyers who have the minimum down payment for an insured mortgage to apply to finance a portion of their home purchase through a shared equity mortgage with Canada Mortgage and Housing Corporation (CMHC) …

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Ineffective Open Houses!

A long, long time ago … in a galaxy far, far away … doing open houses was standard when it came to listing and marketing a home for sale.

Contrary to popular belief, open houses are extremely ineffective for selling homes. Based on a recent survey by the National Association of REALTORS(®), the chance of your house being sold as the result of an open house is less than 2%. That’s a shocking 98% failure rate.

So why do Agents still do open houses? Why do you still see open house signs everywhere during week-ends? Well, the main reason is Agents want to please their clients and that they are working hard to sell the home. Secondly, to advertise themselves to the neighbourhood and generate leads for their business.

Things have changed now. We live and breathe technology and open houses are out-dated.  Sitting in an open house and waiting for buyers to show up lacks the marketing punch a good HD video on social media carries.  Weekly open houses are now replaced by doing a MEGA OPEN HOUSE. Want to learn more about what a Mega Open House is and how it will help sell your home? Contact me. Let’s talk.

People First, Strategy Second

Getting the right people in the right job is a lot more important than developing a strategy. This truth applies to all kinds of businesses. You can have many great strategies, but until you have the right people, you can never make it happen.

Yup, you can have the greatest strategies in place but without the right leaders developing and owning them, we’d get good-looking presentations and so-so results.

Invest in Real Estate!

Stock Market. No No!Research In Motion (RIM), now called Blackberry, was once worth $77 billion dollars. It was sold this week for $4.7 billion.

Forget about the stock market and invest in the HOT Toronto Real Estate market.

Become a Landlord and make money slowly but surely…

Contact me to learn how this can be done and what your long term return on your initial investment will be. Let us show you charts, and real figures on how Real Estate can make you $money. We are here to earn your business and make you $money.

 

Get Social Media?

Over a drink, I’m trying to explain to a colleague the concept of social media for the umpteenth time.  I mean, it’s wonderfull that they show an interest, but the fact that they keep asking what’s it all about shows how far we are from Web 2.0.

It’s hard for people who frequently use social media to understand this.  What’s so difficult about “Say what you are doing in 140 characters”?  After all, it’s not rocket science – you don’t have to read a 200-page manual to get started.  This should be easy!  I don’t expect my mom to understand what Twitter is all about.  And even if I try to explain, she’d probably say “I have to do something constructive with my life!”  But surely other marketers should know what it’s all about?!

But then again, they aren’t asking what it is, but why it is?  Why should I tell people what I’m doing?  Why should I write a blog?  Why should I connect to people I haven’t even met in real life?  What’s the point?

We are professional idiots.  As soon as a new application is released we try to see some value in it, we don’t ask that why-question anymore because we already made the decision for ourselves that we understand what it’s all about and why it’s useful for us.

We constantly try to answer the wrong questions.  And they can’t help it, because they don’t know what questions to ask.  Instead of trying to explain what it is or how easy it is to use, we should still tell them what the advantages are, the basics.  They’ll figure out for themselves what applications they can use, they don’t need a bunch of overexcited geeks like you and I to do that.

Calling a Duck a Duck!

There’s a thin line between confidence and arrogance. Nobody enjoys being in the company of an arrogant person. Even arrogant people will admit they dislike pomposity — in others anyway.

Arrogant people view themselves as superior, always know what’s better for others, ae incisive in their transactions with others, never admit their mistakes, and revel in the blunders of others. Confident people on the other hand believe in themselves and in their talents, are open about their objectives and potential, are gifted competitors, aren’t afraid to recognize their missteps, and most certainly help others correct their slip-ups.

Confidence is a personal trait. A self-assured person doesn’t care what others think about him. The arrogant dude, however, will be very conscious of how the world treats him. It is what fuels his smugness. He is the center of his world, which can often be a symptom of a buried feeling of inferiority. The only way he can value himself is by putting down those who surround him. The confident person is therefore a sea of tranquility next to the antagonistic narcissist.

Unfortunately, our society encourages shrewd business deals and below-the-belt punches, which aren’t the niche of alter boys. Confidence alone can and should get the job done, but it’s often easy to fall prey to pomposity.

If what you’re seeking is lasting relationships, long-term success and quality of life in and out of the workplace, then you will be better served to forego the pompous acts of the arrogant for the humility and quiet confidence displayed by true leaders. So let it be written, so let it be done.

Blue Moon Wish!

It happens only once in a blue moon — and a blue moon is exactly what we’ll see in the skies this New Year’s Eve. Don’t expect an azure glow over our lunar satellite, however. The term “blue moon” simply refers to the second full moon in a calendar month, something that hasn’t happened on a New Year’s Eve for nearly 20 years. We first saw the full moon on Dec 2, and it will reappear New Year’s Eve.

Blue moon means something absurd or impossible. It is somewhat unrelated to the actual moon, which becomes full every 30 days. A New Year’s Eve blue moon only happens every 20 years.

European, indigenous and pagan cultures all consider it lucky to make wishes under a blue moon.The legend goes repeating a wish three times while standing unclothed in its bright light will come true.

Friends, you won’t see me naked out there in the cold … but for sure I’ll be wishing for good things. May all your wishes come true.  Happy New year.

Success

Here’s a great quote I read today: “Painless and quick are rarely associated with successful.”  How true it is.

Accountability!

How accountable are you for your business decisions and behaviors?

For a lot of people, your truely certainly included and on the top of the list, nothing happens quickly unless there’s a real deadline to meet. For example, if your client says “anytime in November is fine”, then the job won’t get completed until the end of the month. Whereas if they say “I need it this week”, then sure enough, the job gets completed by Friday.

I think a lot of soloists work in this slightly haphazard way without setting deadlines, and it can become a major source of stress.

Countless people in organizations everywhere waste time and resources digging useless holes, and engaging in mindless behaviors that defy logic is the antithesis of accountability.  It’s too easy to let yourself slide. You have to commit to someone … your manager, a colleague, a client, someone. Accountability means more than just doing the job. It includes an obligation to make things better, to pursue excellence, and to do things in ways that further the goals of your business. Be accountable, and it will motivate you to finish.

(I have come to realize that I need to be accountable. No excuses. I will set weekly goals every Monday morning, and I will check my accountability sheet every Friday afternoon. You can count on this. I am accountable for it!)

Friday the 13th

Oh … it’s Friday the 13th today. Is it an unlucky day? A lot of people dislike Friday the 13th and believe it to be unfortunate.

FYI, the fear of Friday the 13th is called paraskavedekatriaphobia :-). Friday the 13th day is considered to be a day of bad luck in English speaking cultures around the world. And similar superstitions exist in some other traditions as well.

However, today like any other day, is a day to think positive. Being positive will make us lucky. Being positive about anything and everything will also increase how we view and perceive things, and produce favorable results.

It’s Friday. It’s a sunny day. It’s a great Friday. And it’s a lucky day.