It’s rare to put a newspaper down these days without reading an article on the Canadian housing market; and even rarer to read something that does not suggest an imminent collapse. But, like any issue that is as broad and complex as housing, there is more than what meets the eye. A closer analysis or scrutiny can help provide valuable perspective. BMO's special report, "Will Canada’s Housing Boom Forge On, Fizzle Out, or Flame Out?" demystifies some myths about the Canadian housing market.
My two cents: Rather then focusing on national housing market reports, an informed and intelligent home buyer should look more closely on what's going in his/her local market or the market he/she wants to invest in. A good start would be to speak with a local real estate salesperson/broker who works in the respective markets, day in and day out.
As per, Michael Polzler, head of Re/Max Ontario-Atlantic Canada, in Toronto, almost 20% of Realtors with the Toronto Real Estate Board didn't complete a deal in 2009. Some brokerages have 70% of agents doing less than a deal a quarter.
According to NAR, National Association of Realtors only 27% of Realtors are full time.
When selling your property in Mississauga or elsewhere, you have two choices: to work with a full time salesperson or choose someone who works part time. Buying a home is one of your biggest investments and you should act wisely when it comes to choosing who you should work with. A full time salesperson has many advantages over someone who does his/her job to earn a side income. I am absolutely not personally against my part-time colleagues, I value their work and I give them full respect. We all understand that real estate career is a tough business to be in, and it is not everyone's cup of tea.
The fact of the matter is that one should choose to work in his/her line of work and give 100% to one’s own profession or line of work. A full time career and not a part time job, can help achieve and deliver the best results, this is my opinion. Having said that, I can also vouch that there can be many part time real estate salespeople who perform a much better job than many full time salespeople, who are not dedicated in their work as a real estate saleperson.
Enjoy, this funny RE/MAX video about a part timer.
Jokes apart, RE/MAX does enjoy #1 RANK when it comes to national advertising. RE/MAX is Canada's #1 negotiator and #1 in 150 markets across Canada. RE/MAX has over 18,367 sales associates in 654 independently owned & operated offices in Canada. RE/MAX brand is a global real estate system operating in 83 countries. Call me, your local RE/MAX broker, for all your buying, selling, renting and investing needs in Mississauga and area.
