Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession are only possible under the supervision of a professional or trusted advisor.
@@SarahOlivera-t4z Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@@elegboozioma7267 The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Victoria Carmen Santaella‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I've experimented with a few over the past years, but I've stuck with "Leah Foster Alderman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call
I'M so happy🎉 I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.
have always wanted to trade crypto since 2019 but was scared due to its volatility, I think now I want to give it a try but don't know how to go about it.
Same here all thanks to Mrs Jeffrey Kathryn, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
After I raised up to 325k trading with expert Kathryn I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God shalom.
Having to pay $60,000 on a $1,000,000 home? That is crazy. Do they do 10 times the work that they do for a $100,000 home? Just make it a flat fee. $10,000 total. Done.
absolute price fixing in Canada. realtors black list clients who insist on lower commisions . The realtors silently band together making it next to impossible for individual homeowners to sell their properties by themselves. friend actually spent 5 years without selling their home due to realtors conspiring together directing potential buyers away from property.
Ya... I think probably more like it was way overpriced. Realtors can negotiate the $ with a buyer now and do so when they want to buy something not offering a commission. More likely your friend was way off base with the price esp if it they couldn't sell for 5 years. Gotta look in the mirror before pointing fingers.
@@CheSmith74 We followed the process ...it was collusion by the realtors trying to force an older couple ...told potential buyers " oh, that isn't a house that would interest you.." Realtors all know each other, have their own sectors,, being the same agent to arrange the buy & sell JOKE .It's a huge, lucrative commission game ( I might have been born at night, it just wasn't "last" night.)
@@hexhex7220 Even if every realtor in your area didn't bring their clients if the home was priced right the buyers would still go. It's always the price...
If they not needed. Then dealershipa don't need 50 salesman working at the dealership then. Everything should be listed like Walmart or Costco and move on. China pretty much pushing for that. So let's go
Have you ever marketed any listed your house? Are you trained in negotiating large sales like this? But the real question is do you even want to do this? Absolutely realtors are needed if you want to get you the best price. And the funniest thing ever is everyone i know who says "realtors aren't needed" always turn around and hire a realtor when its time to sell. No one is forcing you to hire a realtor, you can sale it yourself. Nothing is stopping you
@sylvainh2o Thats not true. The rules changed in Canada a long time, you can list and sell your home without a realtor. You can list your home on all free sites or pay a small fee to list on MLS. You can show the home yourself to potential buyers. You're not required to pay a realtor
Flat fee means realtors won't be working evenings or weekends and they definitely won't be trying very hard to sell your place. This is why sales is always commission.. Sales people need incentive to sell. You don't want a sales person just going through the motion of their job, like most people in their jobs. Flat fees would see the level of quality realtors greatly diminish
@@freedomliberty83they will, because otherwise they won't make money. Unfortunately most realtors don't have transferrable skills. Realtors in Canada are good for paperwork and opening doors.
The answer is to raise the bar on training to be a realtor. In most states they take a few weeks of classes. Realtors do very little these days to sell houses. You can find your own online.
Why shouldn't someone doing real-estate for 16 minutes get the same commission as someone doing it for 16 years? If they are selling the same thing, they should make the same amount.
Just taking the commission off the Realtors side of MLS, or not showing it to Buyers Agents doesn't mean that the commission won't still be offered. I don't think much will change, it will just be the Buyers Agent calling the List Agent to see how much they're offering and passing any difference from the norm to the buyer directly. No one is going to save any $ it's just going to be more paperwork and less transparent. I know some will say ya but the seller will pay less... sure maybe, big maybe, but very high chance that seller is buying another home, so they'll just pay up the difference on the buy end. No change, lots of noise, less transparency. I can also see many cases where the Buyers Agent is going to make 2x what they do now by charging the buyer and getting a commission from the sellers side.
My mother is a Broker, glorified Realtor. She makes money doing absolutely nothing. What, driving a person around abd showing them a house that a lot of the times they told their Realtor about. Seriously, Realtors do nothing that isn't done by an escrow clerk. Do NOT ever use a realtor when you sell. Buyers WILL find your house for sale. Paying 6% of your homes value to an uppity Realtor for what. To have an Escrow clerk do the paperwork which you can pay them $500 to do and file yourself!!! Realtors are done. The secret is out. 75% need to leave the business NOW... I'm sure I'll get an uppity Realtor commenting on this reality post. The Scam is exposed. Realtors are exposed. Sell as a FSBO. Save yourself $50,000 + - . This is Truth!!
GOOD I hope these crooks all go bankrupt! Just saw 5 homes this past week and I had questions for all the agents. Not ONE agent could answer a single simple question. The only reason they are there is to kick out the owners and open the door for me. If a deal goes through both parties call our lawyers to do the hard stuff. They are as worthless as car salesmen.
Let’s flip the script and make it law that Sellers are legally required to try to sell their own place by themselves for 1 month (whatever time frame) before they can hire a Realtor. Just a thought😂
It’s insane how much income I’ve provided in my lifetime to realtors 😢 I just bought my forever home and happy to never have to pay realtor fees again!
Next time interview someone who actually knows more about our Canadian agencies and how we conduct transactions Pick any managing broker from an agency US and Can systems are VERY different !
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession are only possible under the supervision of a professional or trusted advisor.
@@SarahOlivera-t4z Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@@MelindaMatsuda I have been considering going the same route, could you share more info please on the advisor that guides you.
@@elegboozioma7267 The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Victoria Carmen Santaella‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@@SarahOlivera-t4z Thank you for the lead. I searched for her, and I sent her an email. I hope she gets back to me soon.
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I've experimented with a few over the past years, but I've stuck with "Leah Foster Alderman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call
I have yet to find a realtor whos earned their commission.
Good. The amount of work a real estate agent does not justify their commission rate
Most sales commission things don't.
Some suck D!@#$% for the listing's. So I wouldn't say nothing....
I forsee a lot of Realtor lease returns and repos on Mercedes and 3 series BMWs 😂😂😂
I'm not convinced we need such high commissions, a lot of real estate sales can be automated.
Also: bugs don't like bug spray
only 25% ? it should be a higher percentage
I'M so happy🎉 I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.
You're correct!! I make a lot of money without relying on the government,
Investing in stocks and digital currencies is beneficial at this moment.
have always wanted to trade crypto since 2019 but was scared due to its volatility, I think now I want to give it a try but don't know how to go about it.
Same here all thanks to Mrs Jeffrey Kathryn, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
How please I'm pretty new and feel I have much to learn, I would appreciate if you show me how to go about it?
After I raised up to 325k trading with expert Kathryn I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God shalom.
Having to pay $60,000 on a $1,000,000 home? That is crazy. Do they do 10 times the work that they do for a $100,000 home? Just make it a flat fee. $10,000 total. Done.
Nope. We keeping those commissions lol
Wrong. On a 1000,000 home you pay $31000 including gst. Get your facts straight.
@@EinSofQuester10k$ still sounds better
@@EinSofQuester where?
@@GTR-88-u8g vancouver
absolute price fixing in Canada. realtors black list clients who insist on lower commisions . The realtors silently band together making it next to impossible for individual homeowners to sell their properties by themselves. friend actually spent 5 years without selling their home due to realtors conspiring together directing potential buyers away from property.
If it's not selling then it's not compelling...and that usually means it's over priced...
Ya... I think probably more like it was way overpriced. Realtors can negotiate the $ with a buyer now and do so when they want to buy something not offering a commission. More likely your friend was way off base with the price esp if it they couldn't sell for 5 years. Gotta look in the mirror before pointing fingers.
@@CheSmith74 We followed the process ...it was collusion by the realtors trying to force an older couple ...told potential buyers " oh, that isn't a house that would interest you.." Realtors all know each other, have their own sectors,, being the same agent to arrange the buy & sell JOKE .It's a huge, lucrative commission game
( I might have been born at night, it just wasn't "last" night.)
@@hexhex7220 Even if every realtor in your area didn't bring their clients if the home was priced right the buyers would still go. It's always the price...
If it took your friend 5 years to sell they had a crap house 😂
It'll help address the illegal practice of "steering" that many realtors participate in
Realtors are not needed plain & simple
@@AliKhan-bu1fp have you ever bought or sold real estate? Transactions can get quite messy/complicated sometime. My realtor was incredible.
If they not needed. Then dealershipa don't need 50 salesman working at the dealership then. Everything should be listed like Walmart or Costco and move on. China pretty much pushing for that. So let's go
Have you ever marketed any listed your house? Are you trained in negotiating large sales like this? But the real question is do you even want to do this? Absolutely realtors are needed if you want to get you the best price. And the funniest thing ever is everyone i know who says "realtors aren't needed" always turn around and hire a realtor when its time to sell. No one is forcing you to hire a realtor, you can sale it yourself. Nothing is stopping you
100% true.
@@cchia6640 Ya it's called a lawyer genius.
Real estate commissions will soon become a fixed fee, just like lawyers.
Yep because the system is really broken when you need to pay tens of thousands just to be allowed to be listed on the internet search site.
@sylvainh2o Thats not true. The rules changed in Canada a long time, you can list and sell your home without a realtor. You can list your home on all free sites or pay a small fee to list on MLS. You can show the home yourself to potential buyers. You're not required to pay a realtor
Flat fee means realtors won't be working evenings or weekends and they definitely won't be trying very hard to sell your place. This is why sales is always commission.. Sales people need incentive to sell. You don't want a sales person just going through the motion of their job, like most people in their jobs. Flat fees would see the level of quality realtors greatly diminish
You must of missed that news segment where Buyers' realtors avoided private listings @@freedomliberty83
@@freedomliberty83they will, because otherwise they won't make money. Unfortunately most realtors don't have transferrable skills. Realtors in Canada are good for paperwork and opening doors.
Time to start looking for a real job lol
One of the hardest jobs in the world. Go try it and see
clearly you know nothing about real estate or the built environment.
@@The_Turd_Ferguson In the business for decades. But I'm sure the guy with Turd in his name knows more
@@CheSmith74 25 years for me. In all aspects. So, yeah. I do. Thanks
@@Yelllowchild7 nah, we're keeping out commissions lol
The answer is to raise the bar on training to be a realtor. In most states they take a few weeks of classes. Realtors do very little these days to sell houses. You can find your own online.
Why doesn’t that guy seem at all trust worthy.
and realize they have no transferable skills and will now make 60% less
About time they fixed this racket...
They didn't fix anything though. All you have to do is call the agent to see which properties have commission and which dont.
Real estate commissions shouldn’t be more than 1%. Mediocre Real Estate Agents
Its time to return your leased Mercedes SUV
Why shouldn't someone doing real-estate for 16 minutes get the same commission as someone doing it for 16 years? If they are selling the same thing, they should make the same amount.
Just taking the commission off the Realtors side of MLS, or not showing it to Buyers Agents doesn't mean that the commission won't still be offered. I don't think much will change, it will just be the Buyers Agent calling the List Agent to see how much they're offering and passing any difference from the norm to the buyer directly. No one is going to save any $ it's just going to be more paperwork and less transparent. I know some will say ya but the seller will pay less... sure maybe, big maybe, but very high chance that seller is buying another home, so they'll just pay up the difference on the buy end. No change, lots of noise, less transparency. I can also see many cases where the Buyers Agent is going to make 2x what they do now by charging the buyer and getting a commission from the sellers side.
Real Estate agents need to get a REAL JOB !!
Nah, we're keep our jobs lol
My mother is a Broker, glorified Realtor. She makes money doing absolutely nothing. What, driving a person around abd showing them a house that a lot of the times they told their Realtor about. Seriously, Realtors do nothing that isn't done by an escrow clerk. Do NOT ever use a realtor when you sell. Buyers WILL find your house for sale. Paying 6% of your homes value to an uppity Realtor for what. To have an Escrow clerk do the paperwork which you can pay them $500 to do and file yourself!!! Realtors are done. The secret is out. 75% need to leave the business NOW... I'm sure I'll get an uppity Realtor commenting on this reality post. The Scam is exposed. Realtors are exposed. Sell as a FSBO. Save yourself $50,000 + - .
This is Truth!!
GOOD I hope these crooks all go bankrupt! Just saw 5 homes this past week and I had questions for all the agents. Not ONE agent could answer a single simple question. The only reason they are there is to kick out the owners and open the door for me. If a deal goes through both parties call our lawyers to do the hard stuff. They are as worthless as car salesmen.
A real estate agent does 2 open houses then collects 5% of the sale.
And?
@@Freerider93Annnd…they’re crooks.
@@dsbarclayeng1 you have all these billionaires in your pockets though....Let me get mine too! 🤣
Only 25%? Pump those rookie numbers up! Even during a recession Canada is slow lol.
Let’s flip the script and make it law that Sellers are legally required to try to sell their own place by themselves for 1 month (whatever time frame) before they can hire a Realtor. Just a thought😂
In the first place only 10 % of agents are selling one or more house every year !
The muppet boiler room condo flipping market is dead 😂
So they are going to get real jobs finally
How about interview this guy along with a real real estate broker? So that there’s no bias in the story
Agents...get rid of the poision
It’s insane how much income I’ve provided in my lifetime to realtors 😢 I just bought my forever home and happy to never have to pay realtor fees again!
Good. Government should make a new system to make so everyone can sell their property easily.
Good!!! Back in the day, a realtor was just a salesman. Now they are looked upon as Demigods. 😂😂😂😂
Ain't nobody selling bc rates are too high to upgrade
I wish I was the lawyer representing the class action suit making a nice commission.
Ok now we should look at attorney percentages when it comes to settlements. I’m sure it’s beyond 6%
Amen 🙏 🎉🎉🎉🎉🎉❤❤❤❤❤❤❤❤❤
Buyer's agents will still be paid. They work hard and do a great job supporting the interests of their buyers.
Even the transaction runs some of them without the house owner's knowledge
Maybe they should learn to code
Why? We're keeping our commissions. There is no laws that say we have to accept low or no commissions lol
so, if prices will stay the same the 30 percent will go to the bank in the form of 30 percent bigger mortgages. the consumer never wins
This will hopefully weed out the hobby agents who do not work 💯 as a professional
Next time interview someone who actually knows more about our Canadian agencies and how we conduct transactions
Pick any managing broker from an agency
US and Can systems are VERY different !
No, this means more realtors into politics.
We already drop our commission، please keep your comment for yourself 😂😂😂😂😂
Cap the rate
Canada always following daddy.
Awesome.!!
So your house could sit longer.
no once the rates are down everything will be frenzy again
This guy just did an awful job explaining how this all works and how it effects the market.
Why does the guest look like that? Is he constipated?
Sponsored content, anyone?
Boo
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.