A Real Estate Blog Dedicated to Sharing Information

Welcome to Royal LePage Connect’s WebBlog. Well We at Royal LePage Connect finally have created this blog to open up the dialog between home buyers and seller and the real estate agent. As well as for real estate professionals looking to work with an award winning team. A place to share information about all aspects of real estate. We have found that a lot of people that are thinking of buying their first home or selling and buying, have a lot of preconceived impressions of real estate professionals. Most of the perceptions are not true. We have a high standard at Royal LePage Connect Realty and decided it was time to have a place for people to go to, ask questions, read articles and have an independent resource to get real answers. Yes, at the end of the day we sell real estate, but we believe that our clients should feel very confident in the services we provide and if you don’t feel confident in us then we haven’t done our job. Please feel free to ask questions, make suggestions and even sign up for our news letter once we have it online. Don’t worry you won’t get a pile of emails or things in the mail marketing real estate to you. That is not our intention.

Career in Real Estate – Career Night with Royal LePage Connect

Career Night Open House with Royal LePage Connect

Wednesday January 26th, 6:30 to 8:00. Click Here to Register

A  Career in Real Estate – “For those Entrepreneurial and Energetic”

Royal LePage is the fastest growing franchise in the industry. If you’re interested in a new and exciting career or looking for a brokerage that will provide you with the support you need to be successful then come join our Team and discover new opportunities available in the Real Estate Industry.

Visit http://www.royallepageconnect.com for more details.

Royal LePage Connect Realty 335 Bayly St. West, Ajax Ontario

Ajax 905-427-6522  – Pickering 905-683-1790

Whitby 905-668-6566 Toronto: 416-284-6522

Fax: 905-683-8888 or 905-427-6524

Toll Free 1-888-766-4456Fax: 416-284-6343

kira@royallepage.ca

Click Here to Register

Real Estate Career Simulator

Real Estate Simulator is a world-class Internet based tool that uses simulation technology to recreate the real-life challenges that real estate agents encounter on a daily basis.

The Simulation uses a variety of real estate job situations to measure your skills and abilities; identify your strengths and weaknesses; and offer suggestions for those areas in need of development to increase your probability of attaining success in a real estate sales career through:

• Playing the role of a Real Estate agent
• Interacting with virtual clients interested in buying or selling property
• And seeing how you measure up to the top performers in the industry

To use Real Estate Simulator for FREE, fill in the following form, and you can start immediately.

Click here to run the Agent Simulator

Career in Real Estate

After many requests we have decided to add a Career in Real Estate section to our site. You will find lost of information on real estate as a career and we will be ready to answer all your questions about your real estate career. Whether you are already in the business or you are just starting your new career in real estate, we will help you make you real estate business a success. To read more click here to go to the Career in Real Estate Section.

What is a Power of Sale?

Power of sale is the right of the mortgagee to force the sale of a property without judicial proceeding, should default occur.

Power of sale is the most frequently used method by which a mortgagee (usually a financial institution) will remedy a default by a mortgagor (the borrower/owner). The term, power of sale, indicates a sale under the power contained in the mortgage document or in the Mortgages Act.

The power of sale can often be the fairest, most inexpensive method to deal with an unpleasant financial circumstance. It allows the mortgagee/lending institution to retrieve only what it is entitled to and no more. If there is a surplus, then the owner/mortgagor will benefit. The power of sale does represent certain complexities, particularly in terms of gaining possession and the obligation of the mortgagee to obtain the best possible value.

Resale Housing Market Still Healthy, Experts Say

Resale Housing Market Still Healthy, Experts Say at Toronto Real Estate Board Meeting

TORONTO, October 28, 2008 — More than 1,100 Greater Toronto REALTORS® gathered to hear Canada’s top experts talk about the future of the housing market at the Toronto Real Estate Board’s 88th Annual General Meeting October 27th.

The following panelists covered a range of topics on the future of real estate:

Don Lawby, President and Chief Operating Officer
Century 21 Canada Limited Partnership

Gary Hockey, President
Coldwell Banker Canada

Kimberly Fleming, Regional Director, Canada
Prudential Real Estate Affiliates

Howard Drukarsh, Vice-President
Right at Home Realty Inc.

Phil Soper, President and Chief Executive Officer
Royal LePage Real Estate Services Ltd.

Stephen Wong, Chairman
Living Realty Inc.

Michael Polzler, Regional Director and Executive Vice President
RE/MAX Ontario-Atlantic Canada

Andrew Cimerman, Chief Executive Officer and Founder
HomeLife Realty Services

Much of their discussion was focused on current market conditions, with panelists attributing a recent dip in the GTA resale housing market to waning consumer confidence.

“People are mislead by the media,” said Living Realty’s Stephen Wong. “We don’t have a problem; it’s being self-inflicted.”

Panelists also agreed that while a return to robust conditions may not be seen until 2010, the market continues to be balanced and supported by the economic fundamentals of strong employment and immigration, and historically low interest rates.

In addition, Royal LePage’s Phil Soper noted that unlike other major cities, the GTA has not experienced artificially inflated house prices.

“We’re going through a time of general economic malaise but it is not going to be prolonged and in the housing market we’re not going to see a reset because it wasn’t off in the first place,” he said.

TREB President Maureen O’Neill’s speech focused on raising the bar with respect to professionalism, an idea that was echoed by Michael Polzler of RE/MAX Ontario-Atlantic.

“This is a time for professional REALTORS® who know the business and all aspects of it, to lead people through complicated transactions,” he said.

Panelists concluded their discussion by pledging to support organized real estate’s lobbying efforts against unrealistic regulatory expectations and unfair taxes, like the Toronto Land Transfer Tax.

“This event’s incredible turnout demonstrates REALTORS’® genuine desire to continuously improve in order to provide the highest level of service to their clients,” said Ms. O’Neill. “We’re also delighted to have received the full support of Canada’s largest real estate companies as we continue our efforts to advocate on behalf of GTA property owners.”

Greater Toronto REALTORS® are passionate about their work. They adhere to a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Serving over 28,000 Members in the Greater Toronto Area, the Toronto Real Estate Board is Canada’s largest real estate board. Greater Toronto Area open house listings are now available on www.TorontoRealEstateBoard.com.