Richard Silver

It’s a Great Time for Multiple Offers! From Sellers!

In an area where there are lots of similar properties that might work for your Buyer, why not pick the top three properties they like and contact their Realtors. Tell the Realtor that you will look at offers from their Sellers tomorrow night at 8 PM.  The Sellers will be in competition to bring in their best offer. It is a reverse on the past few years of Sellers looking at multiple offers from Buyers. Put the shoe on the other foot! Let's see...Continue Reading...

The Importance of Open Houses in Selling Your Home!

For many Sellers the thought of having someone traipsing through your home with all its keepsakes and memories sends shivers down their spines. However, take a deep breath and keep a few things in mind; First, this is the house you are leaving. Secondly, all the keepsakes should be away from the Buyers eyes in an attempt to de-personalize your home and make it appealing to the widest spectrum of Buyers in the marketplace. (more...)Continue Reading...

The Importance of the Internet in Marketing Your Toronto Home!!

Back in 2002 I had an international award winning web site that was recognized by the Realtors in a US magazine as one of the top ten sites, however, I was surpassed on the search engine Google by a newcomer who had been in my marketplace for one year (I had been over 22 years). After doing some soul searching and speaking to some great tech minds, I came across Bruce Lamb of Avalanche Networks. (more...)Continue Reading...

The Shoe Was On The Other Foot When I had to Find a Good REALTOR!

Last year sadly I had to sell my father's condo out west. I knew a few Realtors from the area but as executor of my Dad's estate, I felt it was my fiduciary duty to keep arms length from the transaction, so I did what I suggest most sellers do.... (more...)Continue Reading...

Toronto Real Estate: Opportunity Knocks!!

There are some great opportunities in the Toronto Home Market right now. Here is a great thought from my favourite Mortgage Broker, David Smith of Oriana Financial. (more...)Continue Reading...

The Importance of Pricing in Today’s Buyer’s Market!

Sadly, most Toronto Sellers are still pricing above the market as it starts to move down. They are following the market down at too slow a rate rather than jumping the market a bit and ending up being sold first.  They are always above the market and not in the market. Make sure that you price your Toronto property to reflect Today's Buyer's market and that you are committed to selling. For information about Toronto pricing, please contact me at [email protected] I'll happily...Continue Reading...

Over 3,600 Greater Toronto Resale Housing Sales in November

Toronto, December 4, 2008: Greater Toronto REALTORS® recorded 3,640 transactions last month, from 7,313sales in November 2007, Toronto Real Estate Board President Maureen O'Neill announced today. Year-to-date sales figures for the Greater Toronto Area show 72,086 transactions in 2008, from 88,695 sales recorded in the same January to November period a year ago. By contrast, the 2008 year-to-date average price in the GTA is $379,489, from $375,445 in 2007. "Its important for the public to understand that while sales activity has moderated...Continue Reading...