WORKING WITH A BUYER'S AGENT IN TORONTO

How to choose a real estate agent for first-time buyers

Real Estate News: Property values and actual selling prices of freehold homes in Toronto neighbourhoods – Second half of August 2022

Scott Hanton, Real Estate Broker, loves working throughout Toronto and the Greater Toronto Area (GTA). And Scott loves bringing his award-winning and celebrated real estate services to buyers and sellers throughout all of Toronto and the GTA. Scott Hanton has been raising the level of quality for realtors for more than 14 years. Every property and each client are different, and Scott understands how to net you the most profit in the end. 

Email Scott@HantonRealEstate.com if you’re ready for a free consultation about your house or if you’re looking for the ideal realtor to help you purchase the perfect place anywhere in Toronto or all across the GTA.

The first second of August 2022 saw a further busy time for those selling a house in one area of Toronto, Ontario.

There were 107 successful freehold real estate sales according to the MLS system for freehold properties throughout this real estate zone.

The most expensive property sold was for $2,212,500 after 1 day on the market for a large 4-bedroom home in Toronto’s Scarborough Village neighbourhood on Hill Crescent.

Other sales during the second half of August 2022 were found on Pilkey Cres - The property owner chose a marketing list price on MLS to be: $679,900  Versus an actual selling price of: $645,000, Linden Ave - The property owner chose a marketing list price on MLS to be: $659,900  Versus an actual selling price of: $648,000, Laurel Ave - The property owner chose a marketing list price on MLS to be: $729,000  Versus an actual selling price of: $670,000, Kennedy Rd - The property owner chose a marketing list price on MLS to be: $739,900  Versus an actual selling price of: $720,000, Scotia Ave - The property owner chose a marketing list price on MLS to be: $749,900  Versus an actual selling price of: $725,500, Laurel Ave - The property owner chose a marketing list price on MLS to be: $749,000  Versus an actual selling price of: $750,000, Overture Rd - The property owner chose a marketing list price on MLS to be: $725,000  Versus an actual selling price of: $755,000, Cheetah Cres - The property owner chose a marketing list price on MLS to be: $799,900  Versus an actual selling price of: $760,000, Overture Rd - The property owner chose a marketing list price on MLS to be: $799,900  Versus an actual selling price of: $805,200, Bradstone Sq - The property owner chose a marketing list price on MLS to be: $799,900  Versus an actual selling price of: $810,000, Whiteleas Ave - The property owner chose a marketing list price on MLS to be: $899,000  Versus an actual selling price of: $815,000, Lawrence Ave E - The property owner chose a marketing list price on MLS to be: $849,000  Versus an actual selling price of: $823,000, Winter Ave - The property owner chose a marketing list price on MLS to be: $795,000  Versus an actual selling price of: $825,000, Morningside Ave - The property owner chose a marketing list price on MLS to be: $799,000  Versus an actual selling price of: $838,000, Rouge River Dr - The property owner chose a marketing list price on MLS to be: $899,900  Versus an actual selling price of: $845,000, Nabob Cres - The property owner chose a marketing list price on MLS to be: $799,900  Versus an actual selling price of: $855,000, Overture Rd - The property owner chose a marketing list price on MLS to be: $800,000  Versus an actual selling price of: $866,000, Kenny Ave - The property owner chose a marketing list price on MLS to be: $799,900  Versus an actual selling price of: $870,000, Kilpatrick Dr - The property owner chose a marketing list price on MLS to be: $849,900  Versus an actual selling price of: $870,000, Greenock Ave - The property owner chose a marketing list price on MLS to be: $899,900  Versus an actual selling price of: $875,000, Madelaine Ave - The property owner chose a marketing list price on MLS to be: $899,000  Versus an actual selling price of: $880,000, Lilian Dr - The property owner chose a marketing list price on MLS to be: $949,900  Versus an actual selling price of: $892,500, Victoria Park Ave - The property owner chose a marketing list price on MLS to be: $999,000  Versus an actual selling price of: $900,000, Craiglee Dr - The property owner chose a marketing list price on MLS to be: $899,900  Versus an actual selling price of: $918,000, Toynbee Tr - The property owner chose a marketing list price on MLS to be: $975,000  Versus an actual selling price of: $925,000, Westcroft Dr - The property owner chose a marketing list price on MLS to be: $950,000  Versus an actual selling price of: $930,000, Lynvalley Cres - The property owner chose a marketing list price on MLS to be: $988,000  Versus an actual selling price of: $935,000, Moorehouse Dr - The property owner chose a marketing list price on MLS to be: $799,900  Versus an actual selling price of: $938,000, Ainsdale Rd - The property owner chose a marketing list price on MLS to be: $1,020,000  Versus an actual selling price of: $945,000, Moorefield Dr - The property owner chose a marketing list price on MLS to be: $1,049,000  Versus an actual selling price of: $945,500, Spring Forest Sq - The property owner chose a marketing list price on MLS to be: $799,000  Versus an actual selling price of: $958,000, Falmouth Ave - The property owner chose a marketing list price on MLS to be: $949,900  Versus an actual selling price of: $961,000, Robbinstone Rd - The property owner chose a marketing list price on MLS to be: $939,888  Versus an actual selling price of: $962,000, Seminole Ave - The property owner chose a marketing list price on MLS to be: $990,000  Versus an actual selling price of: $965,000, Gilroy Dr - The property owner chose a marketing list price on MLS to be: $1,049,000  Versus an actual selling price of: $965,000, Neapolitan Dr - The property owner chose a marketing list price on MLS to be: $998,800  Versus an actual selling price of: $975,000, Centennial Rd - The property owner chose a marketing list price on MLS to be: $999,900  Versus an actual selling price of: $975,000, Leverhume Cres - The property owner chose a marketing list price on MLS to be: $999,999  Versus an actual selling price of: $975,000, South Woodrow Blvd - The property owner chose a marketing list price on MLS to be: $1,049,000  Versus an actual selling price of: $980,000, Berner Tr - The property owner chose a marketing list price on MLS to be: $999,990  Versus an actual selling price of: $985,000, Weir Cres - The property owner chose a marketing list price on MLS to be: $1,199,990  Versus an actual selling price of: $990,000, Gloaming Dr - The property owner chose a marketing list price on MLS to be: $998,000  Versus an actual selling price of: $992,500, Benlight Cres - The property owner chose a marketing list price on MLS to be: $1,099,000  Versus an actual selling price of: $999,000, Bellamy Rd N - The property owner chose a marketing list price on MLS to be: $1,068,000  Versus an actual selling price of: $999,991, Norbury Cres - The property owner chose a marketing list price on MLS to be: $999,900  Versus an actual selling price of: $1,001,000, Murray Glen Dr - The property owner chose a marketing list price on MLS to be: $999,800  Versus an actual selling price of: $1,002,800, Aspendale Dr - The property owner chose a marketing list price on MLS to be: $899,900  Versus an actual selling price of: $1,010,000, Monmouth Crt - The property owner chose a marketing list price on MLS to be: $1,049,000  Versus an actual selling price of: $1,026,800, Caddy Dr - The property owner chose a marketing list price on MLS to be: $999,000  Versus an actual selling price of: $1,035,000, Kilgreggan Cres - The property owner chose a marketing list price on MLS to be: $1,099,900  Versus an actual selling price of: $1,035,000, Jacob Fisher Dr - The property owner chose a marketing list price on MLS to be: $1,049,000  Versus an actual selling price of: $1,040,000, Larwood Blvd - The property owner chose a marketing list price on MLS to be: $1,179,000  Versus an actual selling price of: $1,045,000, Shediac Rd - The property owner chose a marketing list price on MLS to be: $1,099,000  Versus an actual selling price of: $1,050,000, Rakewood Cres - The property owner chose a marketing list price on MLS to be: $1,120,000  Versus an actual selling price of: $1,050,000, Tambrook Dr - The property owner chose a marketing list price on MLS to be: $899,990  Versus an actual selling price of: $1,050,800, Neilson Ave - The property owner chose a marketing list price on MLS to be: $999,900  Versus an actual selling price of: $1,061,000, Benfrisco Cres - The property owner chose a marketing list price on MLS to be: $1,098,000  Versus an actual selling price of: $1,065,000, Wheaton Grve - The property owner chose a marketing list price on MLS to be: $999,999  Versus an actual selling price of: $1,069,000, Fieldwood Dr - The property owner chose a marketing list price on MLS to be: $899,000  Versus an actual selling price of: $1,070,000, North Woodrow Blvd - The property owner chose a marketing list price on MLS to be: $1,200,000  Versus an actual selling price of: $1,070,000, Miramar Cres - The property owner chose a marketing list price on MLS to be: $1,099,000  Versus an actual selling price of: $1,071,800, Leahurst Dr - The property owner chose a marketing list price on MLS to be: $1,099,000  Versus an actual selling price of: $1,075,000, Brimley Rd S - The property owner chose a marketing list price on MLS to be: $1,298,000  Versus an actual selling price of: $1,075,000, Braymore Blvd - The property owner chose a marketing list price on MLS to be: $1,149,990  Versus an actual selling price of: $1,080,000, Wilkes Cres - The property owner chose a marketing list price on MLS to be: $1,099,000  Versus an actual selling price of: $1,090,000, Haven Hill S - The property owner chose a marketing list price on MLS to be: $899,999  Versus an actual selling price of: $1,100,000, Toynbee Tr - The property owner chose a marketing list price on MLS to be: $1,149,000  Versus an actual selling price of: $1,100,000, Silvio Ave - The property owner chose a marketing list price on MLS to be: $899,900  Versus an actual selling price of: $1,100,600, Highcourt Cres - The property owner chose a marketing list price on MLS to be: $999,999  Versus an actual selling price of: $1,117,000, Birchlawn Ave - The property owner chose a marketing list price on MLS to be: $1,199,000  Versus an actual selling price of: $1,120,000, Jaybell Grve - The property owner chose a marketing list price on MLS to be: $1,149,000  Versus an actual selling price of: $1,125,000, Big Red Ave N - The property owner chose a marketing list price on MLS to be: $1,150,000  Versus an actual selling price of: $1,155,000, Innisdale Dr - The property owner chose a marketing list price on MLS to be: $1,199,900  Versus an actual selling price of: $1,162,500, Neilson Ave - The property owner chose a marketing list price on MLS to be: $1,199,000  Versus an actual selling price of: $1,170,000, Shootfield Cres - The property owner chose a marketing list price on MLS to be: $1,199,000  Versus an actual selling price of: $1,180,000, Silver Spruce Dr - The property owner chose a marketing list price on MLS to be: $1,250,000  Versus an actual selling price of: $1,180,000, Kencliff Cres - The property owner chose a marketing list price on MLS to be: $1,198,000  Versus an actual selling price of: $1,183,000, Knockbolt Cres - The property owner chose a marketing list price on MLS to be: $1,218,800  Versus an actual selling price of: $1,191,800, Conlins Rd - The property owner chose a marketing list price on MLS to be: $999,800  Versus an actual selling price of: $1,193,000, Kitchener Rd - The property owner chose a marketing list price on MLS to be: $999,999  Versus an actual selling price of: $1,197,000, Emmeline Cres - The property owner chose a marketing list price on MLS to be: $1,190,000  Versus an actual selling price of: $1,200,000, Watson St - The property owner chose a marketing list price on MLS to be: $1,238,800  Versus an actual selling price of: $1,200,000, Shellamwood Tr - The property owner chose a marketing list price on MLS to be: $1,398,000  Versus an actual selling price of: $1,230,000, Hartleywood Dr - The property owner chose a marketing list price on MLS to be: $1,169,000  Versus an actual selling price of: $1,280,000, Chestergrove Cres - The property owner chose a marketing list price on MLS to be: $999,000  Versus an actual selling price of: $1,300,000, Chestergrove Cres - The property owner chose a marketing list price on MLS to be: $1,100,000  Versus an actual selling price of: $1,300,000, Maberley Cres - The property owner chose a marketing list price on MLS to be: $1,288,000  Versus an actual selling price of: $1,305,000, Creekwood Dr - The property owner chose a marketing list price on MLS to be: $999,800  Versus an actual selling price of: $1,350,000, Highview Ave - The property owner chose a marketing list price on MLS to be: $1,449,000  Versus an actual selling price of: $1,350,000, Roker Cres - The property owner chose a marketing list price on MLS to be: $1,488,000  Versus an actual selling price of: $1,356,000, Elmfield Cres - The property owner chose a marketing list price on MLS to be: $1,099,000  Versus an actual selling price of: $1,370,000, Mcmillan Ave - The property owner chose a marketing list price on MLS to be: $1,249,900  Versus an actual selling price of: $1,375,000, Garden Park Ave - The property owner chose a marketing list price on MLS to be: $1,499,900  Versus an actual selling price of: $1,390,000, Frank Rivers Dr - The property owner chose a marketing list price on MLS to be: $1,390,000  Versus an actual selling price of: $1,400,000, Ridgewood Rd - The property owner chose a marketing list price on MLS to be: $1,499,000  Versus an actual selling price of: $1,410,000, Keyworth Tr - The property owner chose a marketing list price on MLS to be: $1,468,000  Versus an actual selling price of: $1,419,000, Bramber Rd - The property owner chose a marketing list price on MLS to be: $1,199,800  Versus an actual selling price of: $1,450,000, Lapworth Cres - The property owner chose a marketing list price on MLS to be: $1,288,000  Versus an actual selling price of: $1,452,000, Dorset Rd - The property owner chose a marketing list price on MLS to be: $1,495,000  Versus an actual selling price of: $1,460,000, Goldberry Sq - The property owner chose a marketing list price on MLS to be: $1,399,000  Versus an actual selling price of: $1,470,000, Morrish Rd W - The property owner chose a marketing list price on MLS to be: $1,479,900  Versus an actual selling price of: $1,530,000, Courcelette Rd - The property owner chose a marketing list price on MLS to be: $1,598,000  Versus an actual selling price of: $1,580,000, Karen Ann Cres - The property owner chose a marketing list price on MLS to be: $1,798,000  Versus an actual selling price of: $1,735,000, Eastville Ave - The property owner chose a marketing list price on MLS to be: $1,825,000  Versus an actual selling price of: $1,760,000, Audrey Ave - The property owner chose a marketing list price on MLS to be: $1,979,000  Versus an actual selling price of: $1,815,000, Cedar Brae Blvd - The property owner chose a marketing list price on MLS to be: $2,150,000  Versus an actual selling price of: $2,055,800, and Hill Cres - The property owner chose a marketing list price on MLS to be: $2,249,000  Versus an actual selling price of: $2,212,500.

The average selling price  was $1,100,613. The average time it took to sell a house  was 21 days on the market during the second half of August 2022.

88 of the houses sold  during this period were detached, 6 houses sold in Scarborough were row houses or town houses, and 11 were semi-detached houses .

For any specifics on actual sale prices, or to put your best listing and buying plan in place, please contact Scott Hanton directly.

How to choose a realtor to help me buy a house or condo in Toronto.

Real Estate News: Property values and actual selling prices of freehold homes in Toronto’s Scarborough neighbourhoods – July 2021

How to choose a realtor to help buy a property  in Toronto? Is summer a good time or a bad time to start searching for a condo or house in Toronto and the Greater Toronto Area?

Scott Hanton, Real Estate Broker, loves working throughout Toronto. And Scott loves bringing his award-winning and celebrated real estate services to buyers and sellers throughout all of Toronto and the GTA. Scott Hanton has been raising the level of quality for realtors for more than 14 years. Every property and each client are different, and Scott understands how to net you the most profit in the end. 

Email Scott@HantonRealEstate.com if you’re ready for a free consultation about your house or if you’re looking for the ideal realtor to help you purchase the perfect place anywhere in Toronto or all across the GTA.

Toronto consists of the many wonderful areas in the following real estate zones: Agincourt North, Bendale, Birchcliffe-Cliffside, Centennial Scarborough, Clairlee-Brichmount, Cliffcrest, Dorset Park, Eglinton East, Guildwood, Highland Creek, Ionview, Kennedy Park, L’Amoreaux, Malvern, Milliken, Morningside, Oakridge, Rouge E10, Rough E11, Scarborough Village, Steeles, Tam O’Shanter-Sullivan, West Hill, Wexford-Maryvale, and Woburn.

July 2021 saw another sluggish month for those hiring a real estate agent to help them buy a property in Toronto and for those who chose a listing agent to help them sell a freehold house in Toronto, Ontario.

Specifically, in the E04 real estate zone, there were 69 successful freehold real estate sales for freehold properties throughout Toronto.

The most expensive property sold was for $2,300,000 after 20 days on the market for a large 4+2 bedroom detached multiplex in Toronto’s Kennedy Park neighbourhood on Falmouth Avenue. Other sales in Scarborough, Ontario during July 2021 were found on Rupert St Toronto Ontario M1K1T4 - this property owner selected an MLS list price of: $799,900 - versus a buyer’s winning offer price of: $835,000, Dumfrey Rd Toronto Ontario M1K3N2 - this property owner selected an MLS list price of: $850,000 - versus a buyer’s winning offer price of: $838,888, Ellington Dr Toronto Ontario M1R3Y3 - this property owner selected an MLS list price of: $799,000 - versus a buyer’s winning offer price of: $840,000, Pitt Ave Toronto Ontario M1L2R6 - this property owner selected an MLS list price of: $849,000 - versus a buyer’s winning offer price of: $840,000, Boem Ave Toronto Ontario M1R3S9 - this property owner selected an MLS list price of: $799,000 - versus a buyer’s winning offer price of: $851,101, Laurel Ave Toronto Ontario M1K3J6 - this property owner selected an MLS list price of: $789,900 - versus a buyer’s winning offer price of: $855,000, Granger Ave Toronto Ontario M1K3L3 - this property owner selected an MLS list price of: $799,000 - versus a buyer’s winning offer price of: $860,000, St Clair Ave E Toronto Ontario M1L1V1 - this property owner selected an MLS list price of: $889,000 - versus a buyer’s winning offer price of: $865,000, Winter Ave Toronto Ontario M1K4M2 - this property owner selected an MLS list price of: $795,000 - versus a buyer’s winning offer price of: $872,500, Jolly Way Toronto Ontario M1P0E2 - this property owner selected an MLS list price of: $799,900 - versus a buyer’s winning offer price of: $878,000, North Woodrow Blvd Toronto Ontario M1K 1W9 - this property owner selected an MLS list price of: $899,000 - versus a buyer’s winning offer price of: $885,000, Jolly Way Toronto Ontario M1P 0E2 - this property owner selected an MLS list price of: $888,900 - versus a buyer’s winning offer price of: $890,000, Ashwick Dr Toronto Ontario M1K2L1 - this property owner selected an MLS list price of: $838,000 - versus a buyer’s winning offer price of: $908,000, Canlish Rd Toronto Ontario M1P1T2 - this property owner selected an MLS list price of: $867,000 - versus a buyer’s winning offer price of: $910,000, North Bonnington Ave Toronto Ontario - this property owner selected an MLS list price of: $849,000 - versus a buyer’s winning offer price of: $920,000, Laurel Ave Toronto Ontario M1K3J9 - this property owner selected an MLS list price of: $949,000 - versus a buyer’s winning offer price of: $920,100, Cleanside Rd Toronto Ontario M1L0J3 - this property owner selected an MLS list price of: $869,000 - versus a buyer’s winning offer price of: $925,000, Dairy Dr Toronto Ontario M1L0E9 - this property owner selected an MLS list price of: $899,990 - versus a buyer’s winning offer price of: $926,000, Deanvar Ave Toronto Ontario M1R2N3 - this property owner selected an MLS list price of: $899,000 - versus a buyer’s winning offer price of: $937,500, Wilkes Cres Toronto Ontario M1L0B3 - this property owner selected an MLS list price of: $959,850 - versus a buyer’s winning offer price of: $959,850, Florens Ave Toronto Ontario M1L1R8 - this property owner selected an MLS list price of: $799,900 - versus a buyer’s winning offer price of: $960,000, Roebuck Dr Toronto Ontario M1K2H5 - this property owner selected an MLS list price of: $849,900 - versus a buyer’s winning offer price of: $960,000, Roebuck Dr Toronto Ontario M1K 2H5 - this property owner selected an MLS list price of: $920,000 - versus a buyer’s winning offer price of: $963,300, Leahann Dr Toronto Ontario M1P1B6 - this property owner selected an MLS list price of: $875,000 - versus a buyer’s winning offer price of: $970,000, Pharmacy Ave Toronto Ontario M1L3H9 - this property owner selected an MLS list price of: $1,049,900 - versus a buyer’s winning offer price of: $970,000, Landseer Rd Toronto Ontario M1K3A7 - this property owner selected an MLS list price of: $799,900 - versus a buyer’s winning offer price of: $975,000, Twin Pauls Cres Toronto Ontario M1R3Z6 - this property owner selected an MLS list price of: $999,900 - versus a buyer’s winning offer price of: $975,000, Eglinton Ave E Toronto Ontario M1K2S2 - this property owner selected an MLS list price of: $1,150,000 - versus a buyer’s winning offer price of: $975,000, Arden Cres Toronto Ontario M1L3R5 - this property owner selected an MLS list price of: $979,900 - versus a buyer’s winning offer price of: $980,000, Arnham Rd Toronto Ontario M1R2E7 - this property owner selected an MLS list price of: $799,000 - versus a buyer’s winning offer price of: $981,000, Stamford Sq S Toronto Ontario M1L1X4 - this property owner selected an MLS list price of: $899,900 - versus a buyer’s winning offer price of: $990,000, Martorino Dr Toronto Ontario M1K2J1 - this property owner selected an MLS list price of: $949,000 - versus a buyer’s winning offer price of: $995,000, Glenshephard Dr Toronto Ontario M1K4N5 - this property owner selected an MLS list price of: $1,024,900 - versus a buyer’s winning offer price of: $997,000, Goldsmith Ave Toronto Ontario M1R2M1 - this property owner selected an MLS list price of: $799,000 - versus a buyer’s winning offer price of: $1,000,000, Lioba Dr Toronto Ontario M1L4V1 - this property owner selected an MLS list price of: $949,000 - versus a buyer’s winning offer price of: $1,005,000, Colony Rd Toronto Ontario M1R2S2 - this property owner selected an MLS list price of: $1,049,990 - versus a buyer’s winning offer price of: $1,025,000, Fusilier Dr Toronto Ontario M1L 0J3 - this property owner selected an MLS list price of: $1,049,000 - versus a buyer’s winning offer price of: $1,028,000, Birchmount Rd Toronto Ontario M1P2G3 - this property owner selected an MLS list price of: $1,049,000 - versus a buyer’s winning offer price of: $1,030,000, Frey Cres Toronto Ontario M1R2C4 - this property owner selected an MLS list price of: $1,099,000 - versus a buyer’s winning offer price of: $1,030,000, Robertsfield Cres Toronto Ontario M1R2X2 - this property owner selected an MLS list price of: $849,000 - versus a buyer’s winning offer price of: $1,050,000, Tardree Pl Toronto Ontario M1R3X3 - this property owner selected an MLS list price of: $988,000 - versus a buyer’s winning offer price of: $1,050,000, Silvio Ave Toronto Ontario, Ivanhoe Crt Toronto Ontario M1R 3G9 - this property owner selected an MLS list price of: $1,100,000 - versus a buyer’s winning offer price of: $1,065,000, Tower Dr Toronto Ontario M1R3P7 - this property owner selected an MLS list price of: $899,000 - versus a buyer’s winning offer price of: $1,071,888, Crocus Dr Toronto Ontario M1R4T1 - this property owner selected an MLS list price of: $885,000 - versus a buyer’s winning offer price of: $1,075,000, Lilian Dr Toronto Ontario M1R3W4 - this property owner selected an MLS list price of: $1,129,000 - versus a buyer’s winning offer price of: $1,077,500, Marchington Circ Toronto Ontario M1R3M4 - this property owner selected an MLS list price of: $1,140,000 - versus a buyer’s winning offer price of: $1,100,000, Warden Ave Toronto Ontario M1R2P3 - this property owner selected an MLS list price of: $980,000 - versus a buyer’s winning offer price of: $1,125,000, Waringstown Dr Toronto Ontario M1R4H3 - this property owner selected an MLS list price of: $998,000 - versus a buyer’s winning offer price of: $1,140,000, Lupin Dr Toronto Ontario M1R4X4 - this property owner selected an MLS list price of: $999,000 - versus a buyer’s winning offer price of: $1,150,035, Droxford Ave Toronto Ontario M1R1K4 - this property owner selected an MLS list price of: $999,999 - versus a buyer’s winning offer price of: $1,170,000, Ionview Rd Toronto Ontario M1K2Z4 - this property owner selected an MLS list price of: $1,189,000 - versus a buyer’s winning offer price of: $1,170,000, Edhouse Ave Toronto Ontario M1L0G1 - this property owner selected an MLS list price of: $999,900 - versus a buyer’s winning offer price of: $1,190,000, Surrey Ave Toronto Ontario M1R1G3 - this property owner selected an MLS list price of: $999,900 - versus a buyer’s winning offer price of: $1,195,000, Shandon Dr Toronto Ontario M1R4M5 - this property owner selected an MLS list price of: $799,000 - versus a buyer’s winning offer price of: $1,200,000, Rosemount Dr Toronto Ontario M1K2X3 - this property owner selected an MLS list price of: $1,188,000 - versus a buyer’s winning offer price of: $1,250,000, Canlish Rd Toronto Ontario M1P1T1 - this property owner selected an MLS list price of: $899,900 - versus a buyer’s winning offer price of: $1,266,000, Wolfe Ave Toronto Ontario M1K 3L9 - this property owner selected an MLS list price of: $1,299,000 - versus a buyer’s winning offer price of: $1,375,000, Wolfe Ave Toronto Ontario M1K 3L9 - this property owner selected an MLS list price of: $1,449,900 - versus a buyer’s winning offer price of: $1,375,000, Pitt Ave Toronto Ontario M1L2R9 - this property owner selected an MLS list price of: $1,299,000 - versus a buyer’s winning offer price of: $1,390,000, Laurel Ave Toronto Ontario M1K 3J4 - this property owner selected an MLS list price of: $1,050,000 - versus a buyer’s winning offer price of: $1,400,001, Shangarry Dr Toronto Ontario M1R1A3 - this property owner selected an MLS list price of: $1,499,900 - versus a buyer’s winning offer price of: $1,405,000, Monastery Lane Toronto Ontario M1L4V6 - this property owner selected an MLS list price of: $1,499,000 - versus a buyer’s winning offer price of: $1,460,000, Huntington Ave Toronto Ontario M1K4K8 - this property owner selected an MLS list price of: $1,659,000 - versus a buyer’s winning offer price of: $1,540,000, Bexhill Ave Toronto Ontario M1L 3C5 - this property owner selected an MLS list price of: $1,949,000 - versus a buyer’s winning offer price of: $1,905,000, and Falmouth Ave Toronto Ontario M1K 4M8 - this property owner selected an MLS list price of: $2,390,000 - versus a buyer’s winning offer price of: $2,300,000.

The average selling price in this area was $1,023,247. The average time it took to sell a house in here was 12 days on the market during June 2021, with the help of experienced buyer agents.

43 of the houses during this period were detached, 10 houses were row houses or town houses, and 12 were semi-detached houses.

For any specifics on actual sale prices, or to put your best listing and buying plan in place, please contact Scott Hanton directly, especially if you're looking for expert guidance for first-time buyers.

There are countless nightmare stories in the media about people who didn't use a buyer agent when buying real estate. These stories highlight the importance of having a knowledgeable and experienced agent on your side when navigating the complex world of real estate transactions.

1. Overpaying for a Property One common nightmare story is when a buyer purchases a property without a buyer agent and ends up overpaying for it. Without a buyer agent's knowledge of the local real estate market and negotiation skills, buyers can end up paying more than the property's actual value. This can lead to significant financial losses and buyer's remorse.
2. Hidden Defects in the Property Another nightmare story is when a buyer purchases a property without a proper inspection or fails to uncover hidden defects in the property. Without a buyer agent's guidance, buyers may not be aware of potential issues with the property, such as structural damage, water damage, or electrical problems. This can result in costly repairs or even unsafe living conditions.
3. Dealing with Unethical Sellers Some sellers may try to take advantage of buyers who do not have a buyer agent. For example, a seller may fail to disclose material defects in the property or pressure the buyer into making a hasty decision. Without a buyer agent to provide guidance and protection, buyers can find themselves in a difficult and stressful situation.
4. Losing Out on the Perfect Property Another common nightmare story is when a buyer misses out on their dream property because they did not have a buyer agent. A buyer agent can help you find properties that meet your specific needs and budget, as well as provide valuable insights into the local real estate market. Without a buyer agent's help, buyers can miss out on great opportunities or settle for a property that doesn't meet their needs.
5. Legal Issues and Paperwork Problems Buying a property involves a lot of paperwork and legal requirements. Without a buyer agent's guidance, buyers can make costly mistakes, such as signing an unfavourable contract or failing to meet important deadlines. This can result in legal issues and even the loss of the property.

These nightmare stories highlight the importance of having a buyer agent when buying real estate. A buyer agent can provide valuable insights into the local real estate market, negotiate on your behalf, and protect your interests throughout the transaction. Without a buyer agent, buyers can make costly mistakes that can result in financial losses, legal issues, or even unsafe living conditions. In short, the benefits of having a buyer agent far outweigh the cost of their commission fees, and it's always better to be safe than sorry when it comes to buying real estate.

Toronto Real Estate Statistics July 2017 - information for buyers and their realtors

The month of July 2017 was a very slow month for those buying and selling a  house in Toronto.

So, are buyer agents worth it? Does having a buyer agent really help with winning bidding wars and getting a fair price on my first house purchase? Here are some statistics for real estate buyers and the specialized buyer agent.

The most expensive house sold was for $1,125,000 on Ashdale Avenue (it was listed for $1,149,000) and resulted in a selling price of 98% of the asking price.

Other streets that saw houses selling during July 2017 were Craven Rd Toronto Ontario M4L2Z5 - this seller and the listing agent selected a list price of: $580,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $580,000, Dundas St E Toronto Ontario M4L1L1 - this seller and the listing agent selected a list price of: $599,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $700,000, Lount St Toronto Ontario M4J 5A1 - this seller and the listing agent selected a list price of: $739,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $710,000, Sandstone Lane Toronto Ontario M4J4Z8 - this seller and the listing agent selected a list price of: $720,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $715,000, Hastings Ave Toronto Ontario M4L2M1 - this seller and the listing agent selected a list price of: $599,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $740,000, Myrtle Ave Toronto Ontario M4M2A3 - this seller and the listing agent selected a list price of: $758,800 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $752,000, Shudell Ave Toronto Ontario M4J1C6 - this seller and the listing agent selected a list price of: $750,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $755,000, Allen Ave Toronto Ontario M4M1T4 - this seller and the listing agent selected a list price of: $799,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $785,000, Hertle Ave Toronto Ontario M4L2T4 - this seller and the listing agent selected a list price of: $699,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $805,000, Carlaw Ave Toronto Ontario M4M2R7 - this seller and the listing agent selected a list price of: $849,800 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $812,000, Dundas St E Toronto Ontario M4L1L6 - this seller and the listing agent selected a list price of: $799,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $830,000, De Grassi St Toronto Ontario M4M2K7 - this seller and the listing agent selected a list price of: $839,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $830,000, Felstead Ave Toronto Ontario M4J1G2 - this seller and the listing agent selected a list price of: $849,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $860,000, Hertle Ave Toronto Ontario M4L2T2 - this seller and the listing agent selected a list price of: $899,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $865,000, Redwood Ave Toronto Ontario M4L2S6 - this seller and the listing agent selected a list price of: $879,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $887,000, Queen St E Toronto Ontario M4L1E9 - this seller and the listing agent selected a list price of: $1,099,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $965,000, Hertle Ave Toronto Ontario M4L2T4 - this seller and the listing agent selected a list price of: $998,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $975,000, Leslie St Toronto Ontario M4M3E3 - this seller and the listing agent selected a list price of: $999,888 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $985,000, De Grassi St Toronto Ontario M4M2K5 - this seller and the listing agent selected a list price of: $999,999 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $999,000, Wroxeter Ave Toronto Ontario M4K1J5 - this seller and the listing agent selected a list price of: $869,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,000,000, Redwood Ave Toronto Ontario M4L2S6 - this seller and the listing agent selected a list price of: $1,049,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,015,000, Pape Ave Toronto Ontario M4K3R1 - this seller and the listing agent selected a list price of: $1,149,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,060,000, Logan Ave Toronto Ontario M4M2N7 - this seller and the listing agent selected a list price of: $1,100,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,100,000, Ashdale Ave Toronto Ontario M4L2Y8 - this seller and the listing agent selected a list price of: $1,149,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,125,000, Jones Ave Toronto Ontario M4J3G7 - this seller and the listing agent selected a list price of: $1,200,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,140,000, Grandview Ave Toronto Ontario M4K1J1 - this seller and the listing agent selected a list price of: $999,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,158,000, Rushbrooke Ave Toronto Ontario M4M3A9 - this seller and the listing agent selected a list price of: $1,059,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,180,000, Pape Ave Toronto Ontario M4M2W2 - this seller and the listing agent selected a list price of: $1,249,900 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,200,000, Howie Ave Toronto Ontario M4M0B5 - this seller and the listing agent selected a list price of: $1,499,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,449,000, Langley Ave 

Toronto Ontario M4K1B6 - this seller and the listing agent selected a list price of: $1,295,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,450,000, Strathcona Ave Toronto Ontario M4K1K6 - this seller and the listing agent selected a list price of: $1,497,500 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $1,625,000, and Howland Rd Toronto Ontario M4K2Z4- this seller and the listing agent selected a list price of: $2,695,000 - the buyer and the buyer’s cooperating real estate agent submitted a winning bid of: $2,679,000.

The average selling price of a house in Toronto’s E01 real estate zone was $1,022,844 during the month of July 2017. The average time it took to sell a house was 15 days on the market.

Most houses sold in this area were semi-detached houses (19 of them). Only 4 of the homes sold were fully detached houses.

Real estate sales activity: South Riverdale (12 sales), Greenwood-Coxwell (12 sales), North Riverdale (5 sales) and Blake-Jones (3 sales).

All real estate data and statistics were for the month of July 2017 for Toronto buyers and the real estate agent who represents them on a property purchase.

When it comes to purchasing a property, it's important to have an experienced and dedicated buyer agent by your side. While it may be tempting to go directly to the listing agent, there are many reasons why this is not a good idea. In this blog post, we'll explore why you should never purchase a property by going to the listing agent and why it's crucial to work with a dedicated buyer agent.

First and foremost, it's important to understand the role of the listing agent. The listing agent is hired by the seller to represent their interests in the sale of the property. This means that their primary objective is to get the highest possible price for the property, which may not necessarily align with your own interests as a buyer. In fact, the listing agent is legally obligated to act in the best interests of the seller, not the buyer.

On the other hand, a dedicated buyer agent is hired by you to represent your interests in the purchase of a property. Their primary objective is to help you find the right property at the right price, and to negotiate the best possible terms on your behalf. Unlike the listing agent, they are legally obligated to act in your best interests, not the seller's.

Another important reason why you should never purchase a property by going to the listing agent is because of the potential conflict of interest. If you go directly to the listing agent, they may try to represent both the buyer and the seller in the transaction. This is known as dual agency, and it can create a conflict of interest that may compromise your ability to get the best possible deal.

When a listing agent is acting as a dual agent, they are essentially trying to serve two masters at once. They may not be able to provide you with the same level of service and dedication that you would get from a dedicated buyer agent. In fact, they may not be able to provide you with any advice or guidance at all, as they are legally obligated to remain impartial and not provide either party with an unfair advantage.

In addition to the potential conflict of interest, going directly to the listing agent can also limit your options as a buyer. The listing agent may only show you properties that they have listed themselves, rather than providing you with a wide range of options that meet your specific needs and budget. This can make it harder for you to find the right property at the right price.

Working with a dedicated buyer agent, on the other hand, can provide you with access to a much wider range of properties. A good buyer agent will work tirelessly to find properties that meet your specific needs and budget, even if they are not listed by their own brokerage. They can also help you navigate the complex process of buying a property, from finding the right property to negotiating the best possible deal.

Finally, working with a dedicated buyer agent can help you save time and money in the long run. A good buyer agent will have a deep understanding of the local real estate market and can help you avoid overpaying for a property. They can also help you navigate the complex paperwork and legal issues that can arise during the buying process, saving you time and money on legal fees and other expenses.

In conclusion, there are many reasons why you should never purchase a property by going to the listing agent. Working with a dedicated buyer agent can provide you with the advice, guidance, and support you need to find the right property at the right price. They can help you navigate the complex process of buying a property and ensure that your interests are represented every step of the way. So if you're in the market for a new property, be sure to find an experienced and dedicated buyer agent who can help you make the right decisions and get the best possible deal.

A look back at E03 Toronto Real Estate Statistics February 2017 - for buyers working with buyer agents in Toronto

The month of February 2017 was a much busier month for those buying and selling a freehold house in the E03 real estate zone in Toronto.

This real estate zone is comprised of the neighbourhoods of Broadview North, Crescent Town, Danforth, Danforth Village-East York, East York, O’Connor-Parkview, Playter Estates-Danforth and Woodbine-Lumsden.

There were 56 successful real estate sales of freehold houses thanks to buyers working with experienced buyer agents.

The most expensive property sold was for $1,820,000 on Glen Albert Drive for a 4 bedroom detached house and sold firm after 2 days with a successful bully bid.

Other streets in this area that saw houses selling during February 2017 were St. Clair Ave E Toronto Ontario M4B 1N3 - the seller thought the best asking price was: $529,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $670,000, Woodbine Ave Toronto Ontario M4C4E9 - the seller thought the best asking price was: $734,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $725,000, Gledhill Ave Toronto Ontario M4C 5L2 - the seller thought the best asking price was: $589,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $740,000, Westview Blvd Toronto Ontario M4B3J1 - the seller thought the best asking price was: $679,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $745,000, Milverton Blvd Toronto Ontario M4C1Y3 - the seller thought the best asking price was: $599,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $762,500, Greenwood Ave Toronto Ontario M4J4C7 - the seller thought the best asking price was: $649,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $790,000, Lumsden Ave Toronto Ontario M4C2K4 - the seller thought the best asking price was: $699,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $795,000, Woodville Ave Toronto Ontario M4J2R5 - the seller thought the best asking price was: $689,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $803,000, Amsterdam Ave Toronto Ontario M4B2C3 - the seller thought the best asking price was: $799,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $810,000, Queensdale Ave Toronto Ontario M4J1Y5 - the seller thought the best asking price was: $599,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $835,423, Mortimer Ave Toronto Ontario M4K2A1 - the seller thought the best asking price was: $589,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $875,000, Westview Blvd Toronto Ontario M4B3J4 - the seller thought the best asking price was: $649,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $875,000, Milverton Blvd Toronto Ontario M4C1X9 - the seller thought the best asking price was: $799,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $890,000, Dawes Rd Toronto Ontario M4C5B8 - the seller thought the best asking price was: $729,800 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $900,000, Westview Blvd Toronto Ontario M4B3J3 - the seller thought the best asking price was: $699,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $901,000, Milverton Blvd Toronto Ontario M4C1X7 - the seller thought the best asking price was: $699,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $903,000, Queensdale Ave Toronto Ontario M4C2B4 - the seller thought the best asking price was: $699,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $905,000, Savoy Ave Toronto Ontario M4C2X4 - the seller thought the best asking price was: $699,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $910,000, Donlands Ave Toronto Ontario M4J3R1 - the seller thought the best asking price was: $749,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $910,000, Orley Ave Toronto Ontario M4C2C2 - the seller thought the best asking price was: $639,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $920,000, Meighen Ave Toronto Ontario M4B2G9 - the seller thought the best asking price was: $649,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $920,000, Westlake Ave Toronto Ontario M4C4T1 - the seller thought the best asking price was: $649,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $932,000, Glebeholme Blvd Toronto Ontario M4C1V3 - the seller thought the best asking price was: $699,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $950,489, Glenwood Cres Toronto Ontario M4B1K4 - the seller thought the best asking price was: $849,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $975,000, Frater Ave Toronto Ontario M4C2H7 - the seller thought the best asking price was: $899,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $975,000, Strathmore Blvd Toronto Ontario M4C1N8 - the seller thought the best asking price was: $649,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $993,000, Maryland Blvd Toronto Ontario M4C 5E1 - the seller thought the best asking price was: $699,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,030,000, Erindale Ave Toronto Ontario M4K1R9 - the seller thought the best asking price was: $899,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,040,000, Muriel Ave Toronto Ontario M4J2Y1 - the seller thought the best asking price was: $679,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,050,000, Derwyn Rd Toronto Ontario M4J4M8 - the seller thought the best asking price was: $999,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,100,000, Coxwell Ave Toronto Ontario M4C3B9 - the seller thought the best asking price was: $1,100,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,100,000, Glenwood Cres Toronto Ontario M4B1K1 - the seller thought the best asking price was: $999,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,100,888, Northridge Ave Toronto Ontario M4J4P3 - the seller thought the best asking price was: $749,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,103,000, Milverton Blvd Toronto Ontario M4J1V8 - the seller thought the best asking price was: $898,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,105,000, Marilyn Cres Toronto Ontario M4B3C5 - the seller thought the best asking price was: $899,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,106,000, Gamble Ave Toronto Ontario M4J2P2 - the seller thought the best asking price was: $899,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,126,666, Notley Pl Toronto Ontario M4B2M6 - the seller thought the best asking price was: $849,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,127,000, Cedarvale Ave Toronto Ontario M4C4K3 - the seller thought the best asking price was: $948,880 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,170,000, Fulton Ave Toronto Ontario M4K 1Y6 - the seller thought the best asking price was: $859,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,218,888, Glebeholme Blvd Toronto Ontario M4J1S3 - the seller thought the best asking price was: $959,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,250,000, Queensdale Ave Toronto Ontario M4J1Y1 - the seller thought the best asking price was: $989,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,250,000, Beechwood Dr Toronto Ontario M4K3H7 - the seller thought the best asking price was: $899,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,265,000, Gough Ave Toronto Ontario M4K3N8 - the seller thought the best asking price was: $999,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,276,000, Alder Rd Toronto Ontario M4B2Y5 - the seller thought the best asking price was: $998,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,280,000, Orley Ave Toronto Ontario M4C2C2 - the seller thought the best asking price was: $1,340,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,290,000, Main St Toronto Ontario M4C4Y4 - the seller thought the best asking price was: $1,379,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,360,000, Joanith Dr Toronto Ontario M4B1S7 - the seller thought the best asking price was: $1,288,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,395,000, King Edward Ave Toronto Ontario M4C5J5 - the seller thought the best asking price was: $1,099,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,488,000, Glen Albert Dr Toronto Ontario M4B1J3 - the seller thought the best asking price was: $1,549,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,518,000, Inwood Ave Toronto Ontario M4J3Y4 - the seller thought the best asking price was: $1,385,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,535,000, Browning Ave Toronto Ontario M4K1W2 - the seller thought the best asking price was: $1,399,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,713,800, Crewe Ave Toronto Ontario M4C2H9 - the seller thought the best asking price was: $1,399,900 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,725,000, Donlands Ave Toronto Ontario M4J3S7 - the seller thought the best asking price was: $1,490,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,750,000, Northdale Blvd Toronto Ontario M4B1X1 - the seller thought the best asking price was: $1,688,888 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,800,000, Four Oaks Gate Toronto Ontario M4J2X2 - the seller thought the best asking price was: $1,590,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,815,000, Glen Albert Dr Toronto Ontario M4B1J2 - the seller thought the best asking price was: $1,799,000 - The buyer’s agent advised the buyer and they won the house with a winning bid of: $1,820,000.

Most houses sold in this area were detached houses (42 of them). 

The average selling price of a house in Toronto’s E03 real estate zone was $1,112,833 during the month of February 2017. The average time it took to sell a house was 7 days on the market thanks to the experience of seasoned buyer agents in Toronto.

Real estate transactions in Toronto and the Greater Toronto Area (GTA) can be complex and confusing, and it's essential for buyers to have professional representation to help guide them through the process and protect their interests. However, some buyers choose to go through the process without using their own buyer agent, which can lead to potential nightmare scenarios. In this article, we will explore some past news media reports of situations where buyers didn't use their own buyer agent in Toronto and the GTA, and the negative consequences that ensued.

Scenario #1: Misrepresentation of the Property

One common nightmare scenario that can occur when buyers don't use their own buyer agent is the misrepresentation of the property. In 2019, a Toronto couple purchased a home without the assistance of their own agent. After moving in, they discovered that the home had several significant defects, including a leaky basement and problems with the foundation.

The seller's agent was found to have misrepresented the property to the buyers, providing inaccurate information about the condition of the home. The couple was left with a significant financial burden, as they had to pay for repairs and renovations to address these issues.

Scenario #2: Hidden Defects in the Property

Another nightmare scenario that can occur when buyers don't use their own buyer agent is hidden defects in the property. In 2016, a Mississauga couple purchased a home without the assistance of their own agent. After moving in, they discovered that the home had several significant defects, including mold and a leaky roof.

The seller's agent was acting in their best interest and failed to disclose these defects to the buyers. The couple was left with the financial burden of repairing these issues, which cost them tens of thousands of dollars.

Scenario #3: Paying Too Much for the Property

Another nightmare scenario that can occur when buyers don't use their own agent is paying too much for the property. In 2017, a Toronto couple purchased a home without the assistance of their own agent. After moving in, they discovered that they had overpaid for the property by $100,000.

The seller's agent had represented both the buyer and the seller in the transaction, and was acting in the best interest of the seller. The buyers were left with a significant financial burden, as they had to pay more for the property than it was worth.

Scenario #4: Conflict of Interest

Another potential nightmare scenario that can occur when buyers don't use their own buyer agent is a conflict of interest. In 2018, a Toronto couple purchased a home without the assistance of their own agent. After moving in, they discovered that the seller's agent had failed to disclose a conflict of interest in the transaction.

The seller's agent had represented both the buyer and the seller in the transaction, which is a clear conflict of interest. The couple was left with a sense of distrust and frustration, and felt that they had been taken advantage of.

Why Having Your Own Buyer Agent is Important

These scenarios highlight the importance of having your own buyer agent when purchasing a property in Toronto and the GTA. A buyer agent represents your interests and works to protect you from these types of nightmare scenarios. They can provide guidance and advice throughout the process, help you negotiate the terms of the transaction, and ensure that all necessary disclosures and inspections are completed.

Using your own buyer agent also provides a layer of protection against conflicts of interest. When a seller's agent represents both the buyer and the seller in a transaction, their loyalties are divided, and they may not act in the best interest of the buyer.

There are many potential nightmare scenarios that can occur when buyers don't use their own buyer agent to represent them in a real estate transaction in Toronto and the GTA. Misrepresentation of the property, hidden defects, and grossly overpaying are just a few reasons to always make sure you choose a buyer agent you trust to represent you.

Buying a home for the first time can be a daunting experience, especially in a competitive market like Toronto. Many first-time buyers choose to work with a buyer agent to help them navigate the process and make informed decisions. However, not all buyer agents are created equal. In this article, we will explore why an experienced buyer agent is better than an inexperienced buyer agent for first-time real estate buyers in Toronto.

Firstly, an experienced buyer agent will have a better understanding of the local real estate market. They will have a wealth of knowledge about neighbourhoods, schools, amenities, and other factors that can impact a property's value and appeal. This can be particularly important for first-time buyers who may not be familiar with the nuances of the Toronto real estate market. An experienced buyer agent can help first-time buyers identify neighbourhoods that fit their budget and lifestyle, and can provide guidance on what to look for in a property.

Additionally, an experienced buyer agent will have a better understanding of the buying process. They will know how to negotiate a fair price, what to look for during a home inspection, and how to navigate the legal and financial aspects of buying a home. This can be particularly important for first-time buyers who may be unfamiliar with the various steps involved in the buying process. An experienced buyer agent can provide guidance and support throughout the process, which can help first-time buyers feel more confident and informed.

Another advantage of working with an experienced buyer agent is that they will have a larger network of contacts and resources. This can include mortgage brokers, home inspectors, real estate lawyers, and other professionals who can help facilitate the buying process. An experienced buyer agent will also have connections within the real estate industry, which can be helpful for finding off-market properties or negotiating a deal in a competitive market. This can be particularly important for first-time buyers who may not have access to these resources on their own.

An experienced buyer agent will also be more skilled at identifying potential issues with a property. They will have a trained eye for identifying potential issues with a property's structure, layout, or systems. This can be particularly important for first-time buyers who may not be familiar with what to look for during a property viewing. An experienced buyer agent can help identify potential issues and provide guidance on how to address them, which can help prevent costly surprises down the road.

Additionally, an experienced buyer agent will have better negotiation skills. They will know how to negotiate a fair price for a property and can help buyers navigate a competitive market. This can be particularly important for first-time buyers who may not have the experience or confidence to negotiate on their own. An experienced buyer agent can advocate on behalf of the buyer and help them get the best possible deal.

Finally, an experienced buyer agent will be better equipped to handle unexpected challenges or issues that may arise during the buying process. They will have a better understanding of how to resolve disputes or issues with a seller, and can provide guidance on how to handle unexpected costs or delays. This can be particularly important for first-time buyers who may not have the experience or knowledge to handle these situations on their own.

In conclusion, an experienced buyer agent is better than an inexperienced buyer agent for first-time real estate buyers in Toronto. They will have a better understanding of the local real estate market, the buying process, and potential issues with a property. They will also have a larger network of contacts and resources, better negotiation skills, and be better equipped to handle unexpected challenges or issues. First-time buyers who choose to work with an experienced buyer agent can feel more confident and informed throughout the buying process, which can lead to a successful and satisfying experience.

Buying a home is a major investment, and the process can be overwhelming and stressful, especially for first-time buyers. In Toronto, real estate buyer agents play a crucial role in helping buyers navigate the complex real estate market and find their dream homes. In this essay, we will discuss how a buyer agent is often a hero to real estate buyers in Toronto.

Expertise and Knowledge

First-class real estate buyer agents have the necessary expertise and knowledge to guide buyers through the home-buying process. They have a thorough understanding of the local real estate market, including pricing, trends, and availability of homes in different neighborhoods in Toronto.

These incomparable real estate buyer agents can help buyers find homes that meet their needs and budget, based on their preferences and lifestyle. They also have a deep understanding of the legal requirements and can advise buyers on the various financing options available to them.

Negotiating Skills

Number one real estate buyer agents also have honed their negotiating skills, which is crucial in the home-buying process. They can negotiate on behalf of the buyer, ensuring that they get the best possible deal on their dream home.

These paramount real estate buyer agents are familiar with the various pricing strategies that sellers use and can help the buyer navigate through them. They also have an understanding of the seller's motivations and can use this knowledge to negotiate in a way that is favorable to the buyer.

Market Knowledge

Unrivaled real estate buyer agents have a deep understanding of the local real estate market in Toronto. They are aware of the trends, pricing, and availability of homes in different neighborhoods. This knowledge enables them to guide buyers to neighborhoods that are within their budget and offer suitable homes.

These supreme real estate buyer agents also have an understanding of the real estate laws and regulations that apply to buyers in Toronto. They can advise buyers on the legal requirements and help them navigate the process of purchasing their dream home.

Personalized Service

Preeminent real estate buyer agents provide personalized service that is tailored to the needs of the buyer. They take the time to understand the buyer's needs, preferences, and budget, and work to find homes that meet these requirements.

These matchless buyer  agents provide support throughout the entire home-buying process, from the initial search to closing the deal. They can recommend professionals such as home inspectors, lawyers, and mortgage brokers to ensure that the buyer has a smooth and stress-free experience.

Building Long-Term Relationships

Incomparable real estate buyer agents understand the importance of building long-term relationships with their clients. They know that buying a home is just the first step in a long-term relationship with the buyer.

These super agents work to build trust and rapport with their clients, ensuring that the buyer feels comfortable working with them. They provide ongoing support and advice, helping the buyer navigate the challenges of homeownership.

Saving Time and Money

Luxury real estate buyer agents can save buyers time and money in the home-buying process. They can filter through the overwhelming number of listings and show buyers only the homes that meet their criteria, saving them time and effort.

These primo agents can also help buyers avoid costly mistakes, such as overpaying for a home or buying a home with major repairs needed. They can help buyers make informed decisions about the home purchase, saving them money in the long run.

The best buyer agent is often a hero to real estate buyers in Toronto. These agents have the necessary expertise, knowledge, negotiating skills, market knowledge, and personalized service to guide buyers through the complex real estate market and help them find their dream homes. They provide support and advice throughout the home-buying process, building long-term relationships with their clients. Working with a buyer agent can save buyers time and money and make the home-buying process smooth and stress-free.

Buying a home is an exciting and rewarding experience, but it can also be overwhelming and stressful, especially for Toronto first-time buyers. Working with an experienced buyer agent can help ease the process and ensure that you make informed decisions that lead to a successful purchase. However, it's important to be aware of unskilled realtors who offer incentives such as cash-back to work with them.

In this article, we will explore why working with an experienced buyer agent is exciting and rewarding for first-time buyers, and why it's important to be wary of realtors who offer incentives.

Expertise and Experience

An experienced Toronto buyer agent has the knowledge and expertise to guide you through the home-buying process. They have years of experience working in the local real estate market and can provide you with invaluable advice and guidance. They can help you navigate the complexities of the buying process, from finding the right home to negotiating the best deal, ensuring that you make informed decisions every step of the way.

Access to Listings

A highly regarded Toronto buyer agent has access to a wide range of listings that are not always available to the public. This can give you a competitive edge in a competitive market, as you may have access to properties before they hit the market. An experienced buyer agent can help you find the perfect home for your needs and budget, ensuring that you don't miss out on any opportunities.

Negotiation Skills

An experienced Toronto buyer agent has the negotiation skills to help you get the best possible deal on your home purchase. They know how to navigate complex negotiations and can advocate on your behalf to ensure that your interests are protected. They can help you draft and submit offers, ensuring that you include all necessary information and paperwork to make a strong offer.

Knowledge of Neighbourhoods

A buyer agent has extensive knowledge of different neighbourhoods and can help you find the perfect area to fit your lifestyle and budget. They can provide you with information about local amenities, schools, transportation, and other important factors that can help you make an informed decision about where to live.

Assistance with Offers

The best Toronto buyer agents can help you draft and submit offers, ensuring that you include all necessary information and paperwork to make a strong offer. They can help you navigate any counteroffers or rejections, ensuring that you have the best possible chance of securing your dream home.

Coordination of Inspections

A Toronto buyer agent can help you coordinate inspections and ensure that any issues are addressed before you close on your home. They can recommend reputable inspectors to ensure that your home is thoroughly inspected before you purchase it.

Assistance with Closing

The best Toronto buyer agent can guide you through the closing process, ensuring that all necessary paperwork is completed correctly and on time. They can help you understand the closing costs and fees, and can ensure that you have all necessary funds in place before the closing date.

Help with Financing

An amazing Toronto buyer agent can help you navigate the financing process, including finding a lender, understanding the different types of mortgages, and getting pre-approved for a loan. They can also provide you with guidance on how to improve your credit score, which can help you qualify for better loan terms.

Market Analysis

An experienced Toronto buyer agent can provide you with a comprehensive market analysis, helping you understand the current trends and conditions in the local real estate market. This can help you make informed decisions about when and where to buy, and can help you understand the value of different homes.

Professionalism and Ethics

An experienced Toronto buyer agent adheres to strict professional standards and ethical guidelines, ensuring that you receive the highest level of service and representation. They will always act in your best interests, and will ensure that you are fully informed and comfortable with every decision you make.

Why Be Wary of Cash-Back Incentives?

While cash-back incentives may seem tempting, they can actually be a red flag when it comes to real estate. Would you respect your doctor if he offered you cash-back?

When looking for a property, it is essential to have a clear understanding of what you want and what you can afford. A buyer's agent is a licensed real estate professional who works exclusively for the buyer, helping them navigate the complicated process of buying a property. One of the most important roles of a Toronto buyer's agent is to steer their clients away from bad properties. In this essay, we will explore how a buyer's agent in real estate will help steer buyers away from bad properties.

A Toronto buyer's agent will help their clients define their search criteria. Before beginning the property search process, a buyer's agent will sit down with their clients and help them define their search criteria. This will include factors such as the location, size, and style of the property, as well as any unique features or amenities that the buyer is looking for. By defining these criteria upfront, the buyer's agent can narrow down the search to properties that are more likely to meet their clients' needs and preferences.

A Toronto buyer's agent will conduct a thorough analysis of each property. Once the search criteria have been defined, the buyer's agent will begin to search for properties that meet their clients' needs and preferences. They will conduct a thorough analysis of each property, taking into account factors such as its location, condition, and potential issues that may affect its value. Based on this analysis, the buyer's agent will provide their clients with an honest assessment of each property's strengths and weaknesses.

A Toronto buyer's agent will help their clients identify potential red flags. Even after a thorough analysis, it can be challenging for buyers to identify potential issues that may make a property unsuitable for them. A buyer's agent will use their experience and expertise to identify any potential red flags that may indicate that a property is not right for their clients. These may include issues such as a history of flooding or a high crime rate in the area. By identifying these red flags early on, the buyer's agent can help their clients avoid wasting time and money on properties that are not a good fit for them.

A Toronto buyer's agent will help their clients conduct a thorough inspection of the property. Before making an offer on a property, it is essential to conduct a thorough inspection to identify any potential issues or problems. A buyer's agent will help their clients coordinate a comprehensive inspection of the property, including inspections for mold, pests, and structural issues. Based on the results of the inspection, the buyer's agent will provide their clients with an honest assessment of the property's condition and any potential issues that may affect its value.

A Toronto buyer's agent will help their clients negotiate the purchase price. Once the inspection has been completed, the buyer's agent will help their clients negotiate the purchase price. If any significant issues or problems are identified during the inspection, the buyer's agent will work with the seller's agent to negotiate a lower purchase price or to request that the seller make necessary repairs before closing. By negotiating the purchase price, the buyer's agent can help their clients avoid overpaying for a property that may have significant issues or problems.

A Toronto buyer's agent will help their clients navigate the closing process. Once an offer has been accepted, there are still many steps that need to be taken before the property can be transferred to the buyer's name. A buyer's agent will help their clients navigate the closing process, including coordinating inspections, negotiating repairs, and working with lenders and attorneys to ensure that all necessary documents are in order. This assistance will help ensure that the closing process goes smoothly and that the buyer is able to take possession of the property on the agreed-upon date.

The process of buying or selling a property can be a daunting task, and having a great Toronto Buyer Agent by your side can make all the difference. A great Toronto Buyer Agent is an invaluable asset for both buyers and sellers, as they can provide expert guidance, navigate complex transactions, and negotiate deals that benefit their clients. This essay discusses why a great Toronto Buyer Agent is invaluable.

Expert guidance is one of the most significant benefits of having a great Toronto Buyer Agent. Real estate transactions can be complex, and the process can be confusing for those who are not familiar with the industry. A great Toronto Buyer Agent has comprehensive knowledge about the local real estate market, including property values, zoning laws, and other regulations that may affect the transaction. They can provide expert guidance to their clients, helping them navigate the buying or selling process with ease.

Another significant benefit of having a great Toronto Buyer Agent is their ability to provide access to valuable resources. A great Toronto Buyer Agent has a vast network of contacts in the real estate industry, including other agents, appraisers, home inspectors, and contractors. They can provide access to these resources, helping their clients make informed decisions about buying or selling a property. For example, if a buyer is interested in a particular property, a great Toronto Buyer Agent can provide access to a home inspector who can identify any potential issues with the property.

Negotiation is another critical skill that a great Toronto Buyer Agent brings to the table. Negotiation is a vital component of the real estate industry, and having a great Toronto Buyer Agent by your side can help you get the best possible deal. A great Toronto Buyer Agent has excellent negotiation skills, allowing them to negotiate on behalf of their clients and secure favorable terms for the transaction. They can also help their clients understand the negotiation process, including what to expect and how to respond to different scenarios.

Marketing is another essential skill that a great Toronto Buyer Agent possesses. Effective marketing strategies are essential for attracting potential buyers and selling properties quickly. A great Toronto Buyer Agent has a deep understanding of marketing principles, including market research, target audiences, branding, and advertising. They can create effective marketing campaigns that showcase their clients' properties, attracting potential buyers and helping to close deals quickly.

One of the most significant benefits of having a great Toronto Buyer Agent is their ability to save their clients time and money. Real estate transactions can be time-consuming, and having a great Toronto Buyer Agent by your side can help you streamline the process. They can handle the paperwork and legal documents, arrange property inspections and appraisals, and coordinate with other parties involved in the transaction. This can save their clients time and reduce the stress associated with the buying or selling process. In addition, a great Toronto Buyer Agent can help their clients save money by negotiating favorable terms for the transaction and identifying potential cost savings opportunities.

A great Toronto Buyer Agent is also invaluable when it comes to handling difficult situations. Real estate transactions can be stressful, and unexpected issues can arise at any time. A great Toronto Buyer Agent has the experience and expertise to handle these situations with ease, providing their clients with peace of mind throughout the transaction. For example, if a buyer encounters an issue with financing, a great Toronto Buyer Agent can work with the lender to find a solution that works for all parties involved.

Finally, a great Toronto Buyer Agent is invaluable because of their dedication to their clients. A great Toronto Buyer Agent is passionate about the real estate industry and genuinely cares about their clients' needs and goals. They work tirelessly to ensure that their clients are satisfied with the transaction, going above and beyond to provide exceptional service and support. They understand that buying or selling a property is a significant life event, and they are committed to making the process as smooth and stress-free as possible.

As a first-time homebuyer, you may have heard about the possibility of receiving cash-back from your Toronto buyer agent after purchasing a property. This may seem like a tempting prospect, especially when you are looking to save as much money as possible during the home buying process. However, it is important to understand that receiving cash-back from a buyer agent is not a common practice in the real estate industry, and you should not expect it from your agent.

In this article, we will explain the reasons why a real estate buyer should never expect cash-back from a buyer agent, and why it is important to choose an agent based on their experience, expertise, and commitment to helping you find the right property at the best possible price.

What is Cash-Back from a Buyer Agent?

Cash-back from a buyer agent is a term that refers to a situation where a real estate agent gives a portion of their commission to the buyer as a form of rebate. The rebate can be given in the form of cash, a check, or a reduction in the buyer's closing costs. The idea behind cash-back is to provide an incentive for buyers to work with a particular agent and to reduce the overall cost of purchasing a home.

While cash-back may seem like a good deal for buyers, it is important to understand that it is not an ethical practice in the real estate industry, and there are several reasons why buyers should not expect it from their agent.

Why a Real Estate Buyer Should Never Expect Cash-Back from a Buyer Agent

It May be Illegal

The legality of cash-back from a buyer agent varies from place to place. It is important to understand the laws and regulations in your area regarding cash-back from a buyer agent before you start working with an agent. If cash-back is illegal in your area, you could be putting yourself and your agent at risk by accepting the rebate.

It Could Compromise the Agent's Professionalism and Objectivity

Real estate agents are licensed professionals who are bound by a code of ethics that requires them to act in the best interest of their clients. They are supposed to provide impartial advice and guidance to their clients based on their expertise and experience in the industry.

However, if an agent offers cash-back to a buyer, it could compromise their professionalism and objectivity. The agent may be more interested in getting the buyer to purchase a property quickly, even if it is not the best fit for their needs, in order to earn a larger commission and offer a bigger rebate.

This could lead to conflicts of interest and a breakdown in trust between the agent and the buyer. As a buyer, you want an agent who is dedicated to helping you find the right property at the best possible price, not an agent who is more interested in earning a higher commission or offering a rebate.

It May Not be in Your Best Interest

Cash-back from a buyer agent may seem like a good deal at first, but it may not be in your best interest in the long run. The amount of the rebate may be relatively small compared to the overall cost of purchasing a home, and it may not be worth compromising the quality of the service you receive from your agent.

Negotiating is one of the most critical skills for a Toronto Buyer Agent. The ability to negotiate effectively can make the difference between a successful transaction and one that falls through. In this essay, we will discuss the skills that realtors need to negotiate offers successfully.

Preparation

The first step in effective negotiation is preparation. Toronto Buyer Agents need to prepare themselves by researching the property, the seller, and the market conditions. This includes understanding the seller's motivation for selling, the property's condition, and any issues that may affect the transaction. By doing their research, realtors can anticipate potential objections and prepare responses in advance.

Toronto Buyer Agents also need to prepare their clients by helping them understand the value of the property and setting realistic expectations. This includes discussing the local market conditions, recent sales in the area, and any unique features of the property that may affect its value. By setting realistic expectations, Toronto Buyer Agents can avoid unrealistic demands from their clients during the negotiation process.

Active Listening

Active listening is another critical skill for Toronto Buyer Agents when negotiating offers. They need to listen carefully to the seller's concerns and respond appropriately. This means asking clarifying questions, restating the seller's position, and acknowledging their perspective.

Active listening also means paying attention to nonverbal cues, such as body language and tone of voice. Toronto Buyer Agents need to be able to read between the lines and understand what the seller is really saying, even if they are not saying it directly.

Flexibility

Negotiation is a give-and-take process, and realtors need to be flexible in their approach. They need to be able to adapt to changing circumstances and adjust their strategies accordingly. This may mean changing the terms of the offer, offering concessions, or finding creative solutions to overcome objections.

Flexibility also means being willing to walk away from a deal if it is not in the best interest of their client. Toronto Buyer Agents need to be able to assess the situation objectively and make tough decisions when necessary.

Communication

Effective communication is essential in negotiation. Toronto Buyer Agents need to be able to articulate their client's position clearly and persuasively. This means using clear and concise language, avoiding jargon, and framing the offer in a way that highlights its strengths.

Communication also means being able to build rapport with the seller. Toronto Buyer Agents need to establish trust and credibility, and demonstrate that they are acting in good faith. This may involve sharing information about their client's financial position, their reasons for buying the property, and any other relevant information that may help build a connection with the seller.

Patience

Negotiation can be a long and frustrating process, and Toronto Buyer Agents need to be patient. They need to be able to manage their emotions and remain calm and composed, even in the face of resistance or hostility. This means avoiding the temptation to make ultimatums or threats, and instead focusing on finding common ground and building consensus.

Patience also means being able to take a long-term view of the negotiation process. Toronto Buyer Agents need to understand that building a relationship with the seller may take time, and that the negotiation process is just one step in a larger transaction.

Creativity

Successful negotiation often requires creativity and outside-the-box thinking. Toronto Buyer Agents need to be able to come up with creative solutions to overcome objections and close the deal. This may involve offering incentives, such as closing cost assistance or home warranties, or finding ways to sweeten the deal in other ways.

Creativity also means being able to think on their feet and adjust their approach in real-time. Toronto Buyer Agents need to be able to anticipate potential objections and come up with alternative solutions when necessary.

Confidence

Finally, Toronto Buyer Agents need to have confidence in their abilities as negotiators.