Get to know the pros behind some of the city's hottest listings as they share their thoughts on the 2019 market
ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE
Elli Davis, Sales Representative
What’s your #1 tip for selling your property quickly (and for the right price)?
My #1 tip is to hire an experienced, full-time r eal estate sales r epresentative. Your agent is your guide and advocate; take their advice and make the most of their experience. My real estate career has spanned 36 successful years, trading better than the top 1% of TREB agents, and the knowledge gained during this time is a huge asset for my clients.
What’s the best/worst month of the year to buy a house?
Properties are purchased and sold all year round, hence there are no “bad” months. My experience has shown me that the most optimal times for serious b uyers are in August and December when most people are in holiday mode.
Where do you think the market is headed?
The Toronto market is a more balanced, realistic market where supply is close to meeting the demand. The central core will remain in high demand. Condominiums are continuing to sell very well in all price ranges. The luxury real estate market is holding strong as real estate continues to be a solid investment. More specifically, I believe Toronto properties will continue to maintain value.
Why should someone list their property with you this spring?
Springtime is when a property looks its best with longer days, blossoming trees and flowers. This time of the year brings a sense of renewal and most people are ready to take action. My multi-tiered personal service and marketing plan is customized for every property and provides maximum exposure. My clients and their needs are my top priority, whether buying or selling.
Royal LePage Real Estate Services Ltd., Brokerage, 416-921-1112
LIVING REALTY INC., BROKERAGE
Wins Lai, Real Estate Broker
Where do you think the market is headed?
We will continue to see demand in the condo market as affordability of freehold homes has diminished, and the gap between condo and freehold pricing expands. Larger two- and three- bedroom condos are becoming more popular as buyers move away from the core in search of more square footage.
What is the most undervalued area in Toronto?
Riverdale! It’s walkable, bike-able and transit is easily accessible. Riverdale Park offers a postcard view of the city and it’s minutes away from the financial core, U nion S tation, distillery district and the beach. The area’s coffee shops, organic butchers and thriving restaurant scene are key indications of continued gentrification.
What is your biggest real estate regret?
Not buying more properties at a very young age. I look at real estate investments as my savings account. I know first time buyers often find the task daunting but I’ve learned from some of the most seasoned investors that you should always check your emotions at the door.
Why should people hire you?
I’ve been in the business for over a decade. I have assisted many builders, local and international investors buy and sell property. My local and international network has proven to be a huge asset as the demand coming out of Asia still proves to be robust. With over 600 transactions during my career I have gained valuable exposure to some of the most complex situations. I also pride myself on exceptional service for which my online reviews will confirm. This is a one-stop real estate shop!
Living Realty Inc., Brokerage, 416-903-7032
CHESNUT PARK REAL ESTATE LIMITED
Eileen Farrow, Sales Representative
Where do you think the market is headed?
Toronto is a major player on the world stage for many industries. As people move to the city each year and the population increases, the Toronto market keeps growing along with it. Whether detached, semi-detached, triplex or condo, Toronto’s market is booming in all sectors. As Canada’s largest city, Toronto is a beacon to the world. I see nothing but continued growth in this great city. The condo market alone also exploded exponentially each year for the past two decades.
What’s your #1 tip for selling your property quickly (and for the right price)?
We have created an amazing team to help carry out our goal of selling your property quickly and for the best price. Part of the team is a fabulous stager and a sensational photographer. We strive to capture the unique charms of each property we sell. Buyers view our properties and can feel the difference. “Best foot forward” is our mantra. Often one only gets one chance to show a property so it needs to present at its very best.
Why should someone list their property with you this spring?
Spring is a fabulous time to list a property. The long winter has finally come to an end and people start feeling like it’s time for a change. Warmer winds and greener gardens are so positive to one’s mindset. Whether one is buying, selling or both, this is an excellent time to get the ball rolling! My team and I have been extremely busy all winter long, and look forward to keeping this momentum going into the spring.
Chestnut Park Real Estate Limited, 416-275-1415
PSR, BROKERAGE – FOREST HILL
Zack Fenwick, Sales Representative
Where do you think the market is headed?
I think the market is definitely headed in the right direction. With a slow start in 2019, I can definitely say that I have seen an increasing amount of new listing inventory hitting the market daily. Some properties are being sold quickly with multiple offers, while other properties are sitting on the market. Feel free to contact me to learn why.
What’s the best/worst month of the year to buy a house?
From a price perspective, the best time to buy a house is in the winter. Some houses may be sitting on the market and you may be able to find a good deal. From an inventory perspective I think the best time to buy would be in the Spring. When the Spring Market takes flight you will see plenty of new inventory hitting the market. Keep a close watch & be ready to act quickly! If you have any questions about bidding wars, let me know!
What’s your #1 tip for selling your property quickly (and for the right price)?
My #1 tip would be to stage the property. Staging is the best way to show the true potential of what your home can look like and it will appeal to all buyers. My clients and I have had incredible results when investing in staging our listings!
Why should someone list their property with you this spring?
I know that buying or selling a property is an enormous decision and I will be there for you every step of the way. As your real estate agent, I promise that you will be able to trust and lean on me throughout the entire process. I am transparent and always available for my clients. My negotiation and marketing skills have been proven time and time again, and I promise to get you the best price on your property, whether you are buying or selling! I look forward to working with you!
PSR, Brokerage – Forest Hill, 416-567-7747