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31 Reasons, Your Realtors® are Worth His / Her Salary

REASON # 1 The numbers are In. Statistics from the National Association of Realtors® prove that homes listed with a licensed full-time agent sell for approximately 26% more than those sold “For Sale By Owner”, even after the commission. Why? Mainly because active agents know the market and what a ...

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Real Estate – More Than Just Sales

Members of the public seem to think that all I do is sell property. While that is part of my work, the amount of time I spend selling represents just 20 per cent of my job activities. The role of the REALTOR®, in my view, is not so much a ...

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Ontario Human Rights Code – Housing Discrimination

Every person has the right to be free from discrimination in housing because of Code-protected grounds. You have the right to equal treatment when buying, selling, renting or being evicted from an apartment, house, condominium or commercial property. This right also covers renting or being evicted from a hotel room. Housing ...

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How Do You Calculate the Profit You’ll Earn on Rental Property Income?

Are you thinking about investing in real estate to earn rental property income? Whether you invest in a residential or commercial building, there are several things to consider to make sure the property will generate a profit. Here’s what you need to take into account to determine how profitable an ...

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Important Changes to Capital Gains Tax (what you need to know)

  Starting June 25, 2024, the capital gains inclusion rate will be increased from one-half to two-thirds for capital gains of over $250,000 per year for Canadians, and on all capital gains for corporations and most types of trusts. Four Key Federal Budget Capital Gains Measures 1) Increase in Capital ...

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Money Laundering Can Drive Home Prices A Lot Higher, In A Short Period Of Time

The Objective Of Money Laundering When you buy an asset, whether a home or an investment property, you try to get the best value for your time and money. You want a deal. The seller is trying to extract the maximum price they can get from you, without driving you ...

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10 Family Camping Games to Play This Summer

These family camping games make the great outdoors even more fun. Courtesy of Julia K. Porter WAVEBREAKMEDIA/SHUTTERSTOCK Whether you’re roughing it in a tent or lounging in a camper (like me!), take advantage of the time to play fun family camping games. I asked friends for their top recommendations. Going camping ...

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Assigning Property and the GST/HST Implications

The Federal Budget for 2022 has made amendments to Part IX of the Excise Tax Act (“ETA”). Effective May 7, 2022, all assignment sales in respect of newly constructed or substantially renovated single unit residential complexes or residential condominium units are taxable. For clarity, with respect to residential housing transactions, ...

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Can REALTORS®—or Clients—Secretly Record Potential Buyers?

Smile! You’re being secretly recorded. Oh, the joys of privacy law! With more twists and turns than an Agatha Christie novel, it truly is the gift that keeps on giving… if you’re a privacy lawyer. For normal people, maybe not so much. Perhaps it’s because of the warmer weather that’s ...

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