Professional Talk

Teranet Home Price Index shows momentum shift downwards for December 2011

noreply@blogger.com (Darryl Scott Mitchell) — Wed, 25 Jan 2012 15:54:57 PST

Teranet Home Price Index shows momentum shift downwards for December 2011

Canadian home prices in November were down 0.2% from the previous month, according to the Teranet-National Bank National Composite House Price Index™. The retreat came after two months in which prices had been flat from the month before, and is the first in the index since a brief correction during the three months ending November 2010. Prices were down in eight of the 11 metropolitan markets surveyed, one more than in October. Calgary and Victoria stood out with declines of 1.6% and 0.9% respectively. The deflation was much smaller in the other six markets: 0.3% in Hamilton, 0.2% in Vancouver, Toronto, Ottawa and Quebec City, 0.1% in Winnipeg. Prices were up from the previous month in Edmonton (0.1%), Montreal (0.4%) and Halifax (0.5%). The simultaneous monthly declines in Toronto, Hamilton and Winnipeg are noteworthy in that these three markets are considered tight.

http://bl162w.blu162.mail.live.com/default.aspx#!/mail/InboxLight.aspx?n=1045245022!n=1719999147&fid=1&fav=1&mid=91044259-4796-11e1-ac81-002264c248a4&fv=1

RE/MAX Professionals Welcomes Frank Fallico to the Kingsway Branch

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 22 Dec 2011 07:14:05 PST

RE/MAX Professionals Welcomes Frank Fallico to the Kingsway Branch

Franks first business experience came when Home Depot first came to Canada. He was part of the team that put the first store up in the country. Home Depot on their launch into Canada was really something historic at that time. Here he learned the power of organization, sales training, supplier relationships, inventory management, and merchandising along with customer service.

Entrepreneurial in spirit Frank’s first career choice was based in the music industry.

In 1995 a childhood friend and him partnered up and created a music label. They enjoyed success; In 1999 he was nominated for a Juno, and shortly later produced on a Gold Selling Record in Canada. The first of its kind in our genre of music.

In 2001 Frank moved into the fitness industry and used the resources he had acquired to become an owner and partner in a chain of retail stores called the Fitness Source. He grew the business from 2 stores to 10. He also developed an online and commercial business.

As owners in a small company they were responsible for all of the operations and they wore many hats. Franks duties were namely, sales training, recruiting of staff, development of managers, supplier relationships, product selection along with product training. Later he was part of the marketing and development team of the brand.

In 2008 his retail business was purchased by the Forzani Group (Sport Chek, Sport Mart, National Sports,etc) and he stayed on as Regional manager for the transition.

Over the last 10 years he has been involved in various levels of real estate both personally and from investment purposes and felt drawn to the industry.

His good friend who started the music label with Frank was named David Oey. David moved on into real estate at the same time he moved into the fitness industry. They remained good friends all along, he helped mentor and encouraged Frank to pursue a more active role in real estate.

David always spoke very highly of the people he was working with, The Pettigrew and Estlick Team from Re/max Professionals. Frank owes many thanks to David Oey and more recently Darryl Mitchell for making an easy decision to chart his future with Re/max Professionals. Please welcome Frank at fallicofrank@gmai.com

RE/MAX Professionals Welcomes Jody Thompson to the Kingsway Branch

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 15 Dec 2011 12:29:18 PST

RE/MAX Professionals Welcomes Jody Thompson to the Kingsway Branch

Jody is a top producing professional sales representative with over 25 years of experience in the technology and home building industry. His reputation has been built on consistently delivering a differentiated service level for his clients. His passion for people and expertise in internet marketing lead him to a new career in real estate. Jody grew up in Port Credit and currently resides with his wife and family in South Etobicoke. He looks forward to working with you to make buying or selling your home a success.

Cell Phone Numbers Go Public This Month

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 08 Dec 2011 11:36:39 PST

REMEMBER: Cell Phone Numbers Go Public this month.
REMINDER..... all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls.
.... YOU WILL BE CHARGED FOR THESE CALLS!!
To prevent this, go to the following web-site for Canadian Telephone Numbers:
www.lnnte-dncl.gc.ca <http://www.lnnte-dncl.gc.ca/>
It is the National DO NOT CALL list It will only take a minute of your time. It blocks your number for five (5) years.
HELP OTHERS BY PASSING THIS ON. It takes about 20 seconds.
If you do not have a cell phone, send this email to your friends and family who have a cell and may not know about this recent event.

Bank of Canada maintains overnight rate target at 1 per cent

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 06 Dec 2011 06:46:23 PST

Ottawa -
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Uncertainty around the global economic outlook has increased in the weeks since the Bank released its October Monetary Policy Report (MPR). Conditions in global financial markets have deteriorated as the sovereign debt crisis in Europe has deepened. Additional measures will be required to contain the European crisis. The recession in Europe is now expected to be more pronounced than the Bank had anticipated in October, as a result of increased deleveraging and tighter financial conditions, as well as necessary fiscal austerity and structural reforms.
Recent economic data suggest that growth in the United States has been slightly more robust than anticipated, largely as a result of continued vigour in consumer spending and business investment. Nonetheless, household deleveraging, fiscal consolidation and negative spillover effects from the European crisis are all expected to weigh on U.S. growth. Growth in China and other emerging-market economies continues to be strong, although there are signs that it is moderating to a more sustainable pace in response to weaker external demand and the lagged effects of past policy tightening.

For More Information Select Link Below:

http://www.bankofcanada.ca/2011/12/press-releases/fad-press-release-2011-12-06/

CANADIAN HOME PRICES FLAT IN SEPTEMBER - MONTHLY REPORT ATTACHED

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 01 Dec 2011 04:58:01 PST

Canadian home prices in September were flat from the previous month, according to the Teranet-National Bank National Composite House Price Index™. The plateau followed nine consecutive monthly increases. Prices were also flat in two of the 11 metropolitan markets surveyed, Ottawa-Gatineau (ending a run of seven straight monthly gains) and Vancouver (ending a run of 11 straight gains - the longest among the 11 markets).

TO READ MORE SELECT LINK BELOW:
http://www.housepriceindex.ca/admin.aspx?mode=voirHTML&nonews=186&qui=3791&langue=EN

Smartphone pictures pose privacy risks

noreply@blogger.com (Darryl Scott Mitchell) — Mon, 21 Nov 2011 16:42:33 PST

PLEASE PASS THIS INFO TO ANYONE YOU KNOW WHO TAKES PICTURES WITH THEIR CELL OR SMART PHONE AND POSTS THEM ON LINE.

I want everyone of you to watch this and then be sure to share with all your family and friends. Its REALLY important info, about what your posting things on your cell phones can do TO YOU!!! So much technology out there these days so beware............. PLEASE TAKE THE TIME TO WATCH THIS VIDEO, AND TAKE THE RECOMMENDED PRECAUTIONS.
To watch video click on the following link:

http://www.youtube.com/watch?v=N2vARzvWxwY

In real estate there is no "right answer" on how to be successful. BUT, we have found that some agents are "more right" than others.

noreply@blogger.com (Darryl Scott Mitchell) — Wed, 16 Nov 2011 06:33:17 PST

In real estate there is no "right answer" on how to be successful. BUT, we have found that some agents are "more right" than others.

ActiveRain conducted a survey(1) of 1,758 real estate professionals to find out what separates the top real estate professionals (those earning over $100,000 a year, we'll call them 'Rich Real Estate Agents') from the struggling real estate professionals (those earning under $35,000 a year, we'll call them 'Poor Real Estate Agents'). 379, or 22% of respondents were Rich Real Estate Agents, while 363 or 21% of respondents were Poor Real Estate Agents

To discover what was learned click here:
http://activerain.com/blogsview/2594884/rich-real-estate-agent-poor-real-estate-agent

RE/MAX and You on November 2nd, 2011

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 15 Nov 2011 08:00:09 PST

I know, I know, I know! You are just tired of hearing of how many opportunities RE/MAX has for you to attend and learn. Sometimes the amount of information out there is just overwhelming. The overwhelming number of emails, the calls from Vendors selling the biggest and best new thingy that will set you and your business apart, etc. etc. etc..

I want to challenge you to attend RE/MAX and You on November 22^nd, 2011

I use RE/MAX and You as a day to reflect on what is coming and what is important for me. Where else can you get a trusted source of information on what is new and what is smart. Trust that is what it is all about. Not some competitor just wanting you to move to them. Not a salesperson just wanting you to buy their wares or services. A trusted source of knowledge to build your business foundation on.

The knowledge to impart to you a strong business direction, the Brand strength to implement the strategy for success and the confidence to win the day.

If you have not yet registered for RE/MAX and You, do so today. Take the day to reflect, engage, network and prepare for 2012.

I look forward to seeing you at RE/MAX and You!

https://www.cvent.com/events/re-max-you/registration-073731d66741417aab1f2c7e5a7f5a7b.aspx

Darryl Mitchell

RE/MAX Professionals Incorporated Brokerage

RE/MAX Professionals Welcomes Nick Goomber

noreply@blogger.com (Darryl Scott Mitchell) — Mon, 14 Nov 2011 04:48:26 PST

Nick Goomber comes to Remax Professionals from an engineering background. Having attended the University of Toronto for Mechanical Engineering gave him an in-depth understanding of Project Management, structural design and intensive research and marketing methods. At a young age he involved himself with his family’s businesses and taking on the role of General Manager after graduation dealt with construction, leasing, marketing and advertising, new product development and budgeting. Nick is involved in sports and charities, and was given the honour to be part of the prestigious 2010Vancouver Winter Olympic Games where he was chosen to run the Olympic Torch for part of the journey across Canada.

Nick can be reach at 647-865-6455 or ngoomber@trebnet.com

Make remembrance more than something you feel. Make it something you do.

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 08 Nov 2011 10:19:31 PST

"We live in a wonderful Country, full of opportunities and freedoms we should never take for granted. We owe to those who have served, and are serving today to learn, understand, and appreciate the task they have undertaken. Through their courage, and sacrifice they have given us an opportunity to to be free. THANK YOU."
Christine & Darryl Mitchell

Each year, from November 5 to 11, Canadians join together to celebrate Veterans’ Week - this year is no different.
During this week, hundreds of commemorative ceremonies and events will take place across the country to recognize the achievements of our Veterans and honour those who made the ultimate sacrifice.
This Veterans’ Week, take the remembrance challenge. There are many ways to show that you remember and honour our Veterans:

Pin a poppy above your heart.
Attend the local Remembrance Day ceremony.
Talk to a friend or relative who has just returned home from Afghanistan or who served in other areas of conflict.
Listen to Veterans talk about their experiences.
Create a mashup and share it on the YouTube Channel
Visit the Veterans Affairs Canada Facebook fan page, write on our wall and share how you remember.
Follow Veterans Affairs Canada on Twitter and tweet about how you remember
Change your Facebook profile picture to a poppy.
Blog, tweet or update your Facebook status about the importance of remembrance.

For more on this article please follow this link:

http://www.veterans.gc.ca/eng/remembrance/veterans-week

Housing evolution driving average price appreciation

noreply@blogger.com (Darryl Scott Mitchell) — Mon, 07 Nov 2011 06:04:55 PST

For immediate release

Housing evolution driving average price appreciation

in Canada’s major centres, says RE/MAX

Record investment dollars poured into Canadian housing stock over past decade

Mississauga, ON (November 7, 2011) -- Billions spent in new construction, renovation, and infill over

the past decade have contributed to a serious upswing in the calibre of Canada’s housing stock,

propping up residential average price in the country’s major centres, according to a report released

today by RE/MAX.

For More on This Article please see link.
http://www.remax-oa.com/MediaNewsroom/Lists/PressReleases/Attachments/69/REMAX_HE_2011_REL.pdf

Fixed or Variable - It's NO Contest

noreply@blogger.com (Darryl Scott Mitchell) — Wed, 02 Nov 2011 10:16:24 PDT

Variable-rate mortgages are so over.
Go fixed rate if you’re arranging or renewing a mortgage, and think hard about the four-year term. If you take in all the recent developments in the mortgage market, this is the most logical strategy.
Variable-rate mortgages are being sold at the prime rate in many cases right now, which is 3 per cent. The traditional discount off prime? Snuffed out by the banks. They’ve decided they aren’t making enough money from discounted variable-rate mortgages, so goodbye discount for the most part. If you shop around, maybe you’ll get 0.2 of a point off prime.
For more on this article from Globe & Mail writer Rob Carrick go to:

http://www.theglobeandmail.com/globe-investor/personal-finance/variable-or-fixed-its-no-contest/article2220424/

2011 - Canadian Online Banking scorCard Review

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 27 Oct 2011 12:06:49 PDT

For the second straight year RBC Royal Bank has ranked 1st in Surviscor’s Online Banking scorCard, a comprehensive, objective annual assessment of online features and functionality at major Canadian banking institutions. TD Canada Trust, a previous two-time winner, again placed second. Last year’s third place finisher, CIBC, has been bumped by BMO Bank of Montreal which jumped from eighth place. This year also marks the first time the big five banks have taken the top five spots. Surviscor introduced Ally into the review and once again, customer e-mail responsiveness initiated outside of the secure website is poor as measured by Surviscor's ongoing Customer Email Responsiveness (CER) program. Not one online banking firm attained Surviscor's Platinum status of under 4 hours average response time.”

http://www.surviscor.com/ScorView/Reviews/OnlineBanking/2011/

GTA REALTORS(R) Release New Quarterly Condo Market Report

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 25 Oct 2011 06:32:47 PDT

GTA REALTORS(R) Release New Quarterly Condo Market Report
TORONTO, ONTARIO -- (Marketwire) -- 10/24/11 -- Greater Toronto REALTORS® reported 5,770 condominium apartment transactions through the TorontoMLS® system in the third quarter of 2011, representing a 24 per cent increase over the same period in 2010. The average selling price increased by almost nine per cent to $333,352.

http://www.euroinvestor.co.uk/news/story.aspx?id=11822932

Teranet and National Bank expand the coverage of the Canadian house price index

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 20 Oct 2011 04:55:23 PDT

Montreal, October 19, 2011 – National Bank and Teranet are pleased to announce the expansion of the Teranet – National Bank House Price Index™ to five additional metropolitan areas. House price indices will now also be available for Edmonton, Hamilton, Québec, Victoria and Winnipeg as early as October 26, 2011.

Combined with the current Canadian metropolitan areas covered by the index, Calgary, Halifax, Montreal, Ottawa (now Ottawa-Gatineau), Toronto, and Vancouver, the aggregate value of occupied dwellings in the metropolitan area covered by the indices now represents 64% of the Canadian aggregate value¹ .

More:
http://www.housepriceindex.ca/admin.aspx?mode=voirHTML&nonews=168&qui=3791&langue=EN

Give homeowners a permanent rebate

noreply@blogger.com (Darryl Scott Mitchell) — Fri, 14 Oct 2011 04:59:26 PDT

This is a great article to pass on:
Given the state of the economy, a permanent rebate on home renos would go a long way to stimulate the economy and help maintain home values.

By Romana-King-Blog

http://www.moneysense.ca/2011/10/11/give-homeowners-a-permanent-rebate/

September Rounds Out a Strong Third Quarter in Real Estate

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 11 Oct 2011 05:39:17 PDT

October 5, 2011 -- Greater Toronto REALTORS® reported 7,658 transactions through the TorontoMLS® system in September - a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6 per cent increase compared to the first nine months of 2010.

"We have experienced strong growth in sales so far this year, with a much more active summer compared to 2010. However, while sales have been strong, we have continued to experience a shortage of listings, resulting in more competition between home buyers," said Toronto Real Estate Board President Richard Silver.
http://bit.ly/p0Uviw

RE/MAX Professionals Welcomes Tabatha Hackett to the Kingsway Branch

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 11 Oct 2011 18:44:12 PDT

Tabatha comes from a background of construction, marketing and graphic design. She just returned to Toronto after a year long sabbatical in Mazatlan Mexico and is refreshed and eager to start her new career in Real Estate. For years she has maintained a passion for real estate, renovating and interior design and is excited to be following her dreams.

With a Bachelor of Science in Psychology from the University of Toronto and a Graphic Design certificate from Centennial College, she plans on using her education to assist her in working with clients and marketing her business.

Tabatha spent the earlier years of her career life working at the Royal Canadian Yacht Club as Marketing Coordinator. There she was Editor and Graphic Designer of the monthly magazine, produced marketing and promotional materials, as well as introduced new members to the Club.

Her last 8 years have been spent as an Office Manager running a successful construction company with her husband, focusing in commercial construction. As well, she has bought, sold, rented and property managed a variety of properties over the years.

Tabatha is thrilled to be joining Re/Max Professionals Inc. and is looking forward to the challenges and rewards of her new career.

Please welcome Tabatha to the Kingsway Branch. tabathahackett@gmail.com

RE/MAX Professional Agents Believe In Giving Back!

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 06 Oct 2011 07:35:18 PDT

Linday Henry and Kim Carreiro supporting their local Food Bank!

Words of thanks from Christine and Darryl Mitchell:

Kim & Linda;

Congrat’s on such an amazing and successful Food drive. This is certainly the true spirit of the word "thanksgiving." Giving back is a gift within itself and we are very proud of you both.

Christine & Darryl

Congratulatons Team RE/MAX

noreply@blogger.com (Darryl Scott Mitchell) — Wed, 05 Oct 2011 10:47:28 PDT

On Sunday October 2^nd 170,000 Canadians came together and raised over $30,000,000!

THANK YOU!

Team RE/MAX who participated in the Mississauga Run Site collected donations of over $4,150 online,

cash donations are still be tallied

Every dollar raised continues to support life-saving research and life-changing programs, bringing us one step closer to a future without breast cancer.

Even though it was a cold and dreary day Team RE/MAX all gathered at our
Mississauga Office and we walked over to the run site, University of Toronto
Mississauga, together. It was a great morning with lots of people and activities.

Next year we hope to see more agents join Team RE/MAX and hope to raise even more for this great cause.

IF you wish to donate to Team RE/MAX please see you office administrator by October 31^st (only cash donations will be accepted at this time)

Past KW Star: 'That Balloon's Tough Competition'

noreply@blogger.com (Darryl Scott Mitchell) — Tue, 04 Oct 2011 07:48:28 PDT

KUHNS TEAM

Brad Kuhns led the No. 1 team at his former Keller Williams office for seven years, competing against top RE/MAX agents in Florida's Brevard County.

"It's tough to compete with that big balloon," Kuhns says. So when his team felt their existing brokerage model getting "stale," they decided, "instead of trying to beat RE/MAX, we should join 'em."

In July, the team of five moved to RE/MAX Elite in Melbourne.

Kuhns says the Keller Williams model focuses more on agent count than production, and that's tough for highly productive agents to get behind. At RE/MAX, his team is enjoying new energy and the motivation of working alongside other top professionals who are focused on helping people buy and sell homes.

"Now we're with the No. 1 agents at the No. 1 real estate company," Kuhns says. "That can't be oversold."

Great Article from Mark Weisleder to Pass to Your Clients

noreply@blogger.com (Darryl Scott Mitchell) — Sun, 02 Oct 2011 18:12:55 PDT

A year ago I wrote the most common mistake home buyers make is buying with their heart instead of their head — usually because they panic while involved in a stressful negotiation for which they are unprepared.
The result is that buyers pay more than they should, or are disappointed later when they find defects in the home or discover the neighbourhood isn’t quite what they thought.

http://www.moneyville.ca/article/1062274--six-ways-to-make-sure-you-buy-the-right-house

“Terranet Home Price Index shows continued momentum in Canadian Real Estate Market Place”

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 29 Sep 2011 16:44:43 PDT

Canadian home prices up 1.3% in July
Canadian home prices in July were up 1.3% from the previous month, according to the Teranet-National Bank National Composite House Price Index™. This rise took the index to a new high of 146.51 (June 2005 = 100). It was the fourth consecutive monthly increase exceeding 1%, and the eighth consecutive monthly increase after three straight monthly declines. In contrast to the three previous months, however, not all of the six metropolitan markets surveyed showed a gain. Prices rose 2.3% in Calgary, 1.7% in Toronto, 1.0% in Ottawa, 0.9% in Vancouver and 0.5% in Montreal, while declining 0.9% in Halifax.

http://www.housepriceindex.ca/admin.aspx?mode=voirHTML&nonews=158&qui=3791&langue=EN

Everything You Need to Know Regarding the Run for the Cure on October 2nd!

noreply@blogger.com (Darryl Scott Mitchell) — Thu, 29 Sep 2011 06:03:22 PDT

Create a future without Breast Cancer! Join Team RE/MAX on October 2nd!

http://www.runforthecure.com/site/PageServer?pagename=run_homepage_11&eblast=138