By: Miguel Fernandez Morales LLB, MBA

Desperate Agents make you Lose Money

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

By Miguel Fernandez Desperate Agents Make You Lose Money   I always warn people about desperate agents and how they will never advise you properly at the time of selling or buying a house because they will do whatever it takes to close your transaction no matter what the costs are. A desperate agent will convince you to pay more for a house than it deserves or to accept less than what your ho...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market November 2020

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

  Greater Toronto Area (GTA) home sales showed no signs of slowing down with another record-breaking month this October. The latest data from the Toronto Regional Real Estate Board (TRREB) highlights that home sales increased 25% on a year-over-year (y-o-y) basis, with 10,563 transactions taking place during the month. Annual new listings growth kept pace with home sales increases ...Read More

By: Miguel Fernandez Morales LLB, MBA

Will Condo Prices go down?

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

On the surface, the Toronto Regional Real Estate Board reported what appears to be another stellar quarter for the condo market in the Greater Toronto Area. Despite COVID-19’s presence, realtors sold 7,072 condos in the region, a 10.5 per cent increase in comparison to the third quarter of 2019. Average condo prices, meanwhile, enjoyed a 8.3 per cent bump to hit $633,484 in the quarter. His...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market October 2020

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

For the third month in a row, home sales in the Toronto Region broke a new monthly record.  The latest data from the Toronto Regional Real Estate Board (TRREB) shows that with 11,083 homes changing hands, sales across the GTA hit a new record for September; an increase of 42% year-over-year (y-o-y). The average home price grew 14% y-o-y to $960,772.  “Improving economic...Read More

By: Miguel Fernandez Morales LLB, MBA

Does Low Balling The Seller Lead To The Best Deals?

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

 By Miguel Fernandez The biggest challenge for any home buyer is trying to get the best home at the best possible price. So how do the smartest buyers do it? I know that Real Estate courses don’t teach negotiation and most agents don’t take the time in reading a single negotiation book or take an extra negotiation course. This alone make buyers and sellers not only lose money but ...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market September 2020

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

After a busy July, real estate activity in the Greater Toronto Area broke yet another record in August for monthly home sales. Recently released data from the Toronto Regional Real Estate Board (TRREB) for August revealed that home sales reached 10,775, a staggering increase of 40% from last year. The average home price jumped 20%, or $158,793, to $951,404, also setting a new record...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market August 2020

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

  Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July 2020 – a 29.5 per cent increase over July 2019 and a new record for the month of July. On a preliminary seasonally adjusted basis, sales were up by 49.5 per cent compared to June 2020. Year-over-year sales growth...Read More

By: Miguel Fernandez Morales LLB, MBA

Bad Marketing Cost Sellers $50,000

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

By Miguel Fernandez  We usually talk about how important the Negotiation and Marketing skills of your real estate agent are. Those skills are amongst the top qualities you should look for when hiring a realtor as they are not taught in the provincial real estate courses. A few days ago, I was house-hunting on behalf of my clients who were looking for a 5-bedroom property. We found a very nice...Read More

By: Miguel Fernandez Morales LLB, MBA

Popular Agent abandon their clients.

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

 By Miguel Fernandez A few weeks ago I received a call from a customer who signed up for my list of properties. She told me that she was desperate because she had sold her house with a popular agent in her area, before buying; and now the same agent was not helping her to find a new home and she needed to move before July 31. They were not very happy with their Agent when they were selling th...Read More

By: Miguel Fernandez Morales LLB, MBA

Toronto Prices Going Up Again

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

The Toronto Region housing market recovered considerably in June following a significant slowdown due to COVID-19. As cases started to decline across the province and the economy began to open up, more buyers and sellers jumped off the sidelines and returned to the market, kickstarting sales recovery. Similarly, average home prices continued on a steady upward trajectory, lapping February 2020 lev...Read More