Welcome to the latest Platinum and VIP Pre-Construction Opportunities hosted by Right at Home Realty.
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KNOWLEDGE CAFÉ
Month: <span>June 2020</span>
All your real estate information in one place. Learn from a REALTOR® how to navigate the real estate market and become a knowledgeable consumer. I post interesting topics on this page regularly. Feel free to contact me if you have any questions, or if you want to know more about any of the topics. The information contained on this page is intended solely to provide general guidance on matters of interest for personal use. All content is provided ‘as is’, without warranty of any kind and should not be used as a substitute for consultation with a qualified professional.
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Toronto Regional Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,606 sales through TRREB’s MLS® System in May 2020. This result was down by 53.7 per cent compared to May 2019. While the number of sales was down substantially on a year-over-year basis due to the continued impact of COVID-19, the decline was less than the 67.1 per cent year-over-year decline reported for April 2020.
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Although real estate trades may continue, it doesn’t mean a return to “business as usual.” At this time, in-person open houses are not permitted.
Embracing digital technology is essential in order to reduce the risk of COVID-19 transmission. As recommended by the Real Estate Council of Ontario (RECO), I will be employing measures such as the following technological solutions to support my clients with their real estate transactions:
- Using virtual tours, 360 walk-throughs, mobile measurement applications and digital floorplans instead of in-person viewings
- Using electronic documents and signatures, instead of paper documents
- Using electronic funds transfers instead of certified cheques
- Communicating via written communications, smartphone technology applications, and video conferencing, instead of face-to-face.
By embracing innovation and technology, I can eliminate the need for in-person interactions and continue to provide a high level of service for my clients.
Our homes are a feature in our lives even more these days. Stay safe. Be kind to your neighbours and each other.