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Royal LePage announces major expansion in Southern Ontario

Royal LePage is pleased to announce the addition of Toronto-based Coldwell Banker Terrequity Realty (Terrequity) to the Royal LePage Network. Terrequity is the largest Coldwell Banker franchise in Canada, with an extensive network of nearly 400 agents, operating out of 13 offices across the Greater Toronto Area.

"I am delighted to welcome the celebrated Terrequity team to the Royal LePage family," said Phil Soper, President and CEO, Royal LePage.  "Beyond being one of Canada's largest real estate brokerages, the hundreds of professionals in the company have created a high performance culture hard-wired to deliver superior client service.  We are proud that they chose Canada's fastest growing national firm as their new home.  It is so true that success attracts success."

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Posted on Thursday, February 6, 2014 at 03:02PM by Registered CommenterElaine | CommentsPost a Comment | References1 Reference

Even the real estate companies are buying

Royal LePage has poached one of the country’s largest real estate franchises.

The real estate company announced a deal Thursday with Toronto-based Coldwell Banker Terrequity Realty that will see it join the LePage network. Terraequity is the largest Coldwell Banker franchise in Canada and has more than 400 agents in 13 offices across the Greater Toronto Area.

“Beyond being one of Canada’s largest real estate brokerages, the hundreds of professionals in the company have created a high performance culture hard-wired to deliver superior client service. It is so true that success attracts success,” said Phil Soper, chief executive of LePage, in a release.

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Posted on Thursday, February 6, 2014 at 11:36AM by Registered CommenterElaine in | CommentsPost a Comment | References1 Reference

GREATER TORONTO REALTORS® REPORT LATEST MONTHLY RESALE MARKET FIGURES

TORONTO, February 5, 2014 – Home ownership in the Greater Toronto Area remains affordable and there are many people looking to purchase a home. In January, the number of homes listed for sale was down quite strongly compared to last year, which means that it was difficult for some buyers to find a home.

Greater Toronto Area REALTORS® reported 4,135 sales through the TorontoMLS system in January 2014. This result was down by 2.2 per cent in comparison to January 2013. New listings entered into the system were down over the same period by 16.6 per cent to 8,822.

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Posted on Wednesday, February 5, 2014 at 01:46PM by Registered CommenterElaine | CommentsPost a Comment

No winter slump on the sellers’ market: ‘It’s a 12-month business’

Winter tends to be a relatively slow time for selling real estate. But while many people wait for the spring thaw to list their property, slow season might just be the best time to attract a buyer. At least that’s the philosophy of Royal LePage veteran Elli Davis, who clinched eight deals in December and has been busy so far this month.

“I encourage people to list in December and January,”  she says, speaking from 30 years of experience. “Many listings expire Dec. 31. But when I take a listing in September or October, I try to get it to the end of January to really cover that holiday season.”

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Posted on Saturday, January 25, 2014 at 02:58PM by Registered CommenterElaine in | CommentsPost a Comment | References1 Reference

What this west-end bidding war says about Toronto’s housing market

It’s a simple semi, not that much different from all the others lined up along Perth Ave. in the up-and-coming Junction Triangle, except that now it’s got all the neighbours — and Toronto real estate watchers — talking.

It was considered one of the first “good listings” of 2014 in a shockingly tight market for lowrise houses where, since the recession, demand has far outstripped supply: A tastefully renovated house in an up-and-coming neighbourhood, priced under the magic threshold of $800,000.

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Posted on Friday, January 24, 2014 at 08:50PM by Registered CommenterElaine | CommentsPost a Comment | References1 Reference