Calgary real estate prospects

[pheoxs]

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Talking to a couple realtors now and they're saying they're not making the bank as most think because theres literally nothing. One guy said he wrote 12 offers last month and managed to land 1, I'm guessing his buyers are local so not in the position to over pay like foreign buyers?

That is the interesting issue in all this for realtors. Normally if you can land someone you can both sell and buy. But when it's just out of towners it's only buying which in the current market is the issue. Never the less, 600k price point still means 12k commission for each side. Not exactly a hard month.

[Buster]

These are the types of markets that realtors probably provide the least value.

[ercchry]

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You guys remember when we were talking about how unattractive Calgary was as a place to live? Seems such a short time ago. Those people from Ontario must be real morans.

Ontario is still doing a “hold my beer” with 40-70% over list offers… these buyers dgaf about a little $50k over offer action

[TomcoPDR]

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Ontario is still doing a “hold my beer” with 40-70% over list offers… these buyers dgaf about a little $50k over offer action

We need to implement 1 property per tax payer/SIN

[killramos]

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We need to implement 1 property per tax payer/SIN

Eww

[89coupe]

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These are the types of markets that realtors probably provide the least value.

I feel sorry for buying agents, always competing offers, always quick deadlines, limited supply, frustrated clients.

Sucks.

[Rocket1k78]

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These are the types of markets that realtors probably provide the least value.

Mine cut me a deal at $5k and even that was hard to swallow lol

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We need to implement 1 property per tax payer/SIN

How do i add this guy to ignore? I keeding, dont you have a bunch of properties?

[Buster]

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I feel sorry for buying agents, always competing offers, always quick deadlines, limited supply, frustrated clients.

Sucks.

When someone invents a Bring a Trailer model for real estate, it will be highly disruptive. Highly curated and detailed selling listing and an actual functional auction.

[JfuckinC]

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When someone invents a Bring a Trailer model for real estate, it will be highly disruptive. Highly curated and detailed selling listing and an actual functional auction.

fuck i hope that doesn't happen, i waste enough time watching auctions on BaT as it is... waste a lot of time on realtor.ca too, adding a home auction site would be bad news haha.. but at least i don't spend all day arguing on the internet like some of these fuckers

[TomcoPDR]

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Mine cut me a deal at $5k and even that was hard to swallow lol



How do i add this guy to ignore? I keeding, dont you have a bunch of properties?

Unless you're a gwai lo, don't most legal foreign investor have multiple alias names

[ExtraSlow]

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We need to implement 1 property per tax payer/SIN

Comrade, 1 is too many.

[bjstare]

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When someone invents a Bring a Trailer model for real estate, it will be highly disruptive. Highly curated and detailed selling listing and an actual functional auction.

Let's do it.

[Buster]

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Let's do it.

I said "someone". lol

[andyg16]

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These are the types of markets that realtors probably provide the least value.

I was thinking about this lately too, I think Realtors can still provide some value as long as they have the right connections and can somehow get buyers an upper hand (ex: off market listings, builder contacts etc.) I think the businesses that are really hurting are the marketing companies that do the fancy photography etc. Even an android camera will do this trick in this market hahah

[you&me]

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When someone invents a Bring a Trailer model for real estate, it will be highly disruptive. Highly curated and detailed selling listing and an actual functional auction.

https://www.conciergeauctions.com/

Up until recently, it was used mostly as a last resort sort of platform (IIRC, the ex-Shaw house in Crescent Heights sold for ~half price), but they seem to be gaining momentum.

[Xtrema]

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I feel personally attacked by honestdoor.

The algo is getting smarter and just acquired the knowledge of lowballing.

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Let's do it.

Housesandbids.com is taken.

[killramos]

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The algo is getting smarter and just acquired the knowledge of lowballing.

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Housesandbids.com is taken.

Houzezandbidz is a much better name anyway

[ExtraSlow]

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Housesandbids.com is taken.

I giggled.

[Twin_Cam_Turbo]

What about Bringamovingtruck.com?

[cyra1ax]

ezcondosandhouses.com is best name