This week on the REAL Collective Podcast, in the second half, we dig into an unreal estate tale: $200,000 left behind. Let our hosts keep you ahead in the dynamic world of property buying, selling, and investment and offer up some tips and insights to keep you fully informed.

First, we kick things off discussing some exciting new listings hitting the market just in time for Christmas. Then, we dive into a crucial discussion on current interest rates and the broader economic factors influencing the real estate market.

We analyze the potential decrease in fixed-rate mortgages and its significant impact on buyers and sellers. Following this, we delve into the strategies of timing the market for buying and selling, and discuss the importance of aggressive pricing when putting your property on the market.

Our focus then shifts to a broader perspective, discussing the impact of rising house prices on affordability and society as a whole.

In the second half we dive into a captivating story about a missed $200,000 opportunity in a recent commercial real estate deal. Sean and Kyle also discuss the important lessons in this story for real estate agents, buyers, sellers and investors.

We end with a brief conversation about the upcoming changes in real estate legislation, and the challenges that will come along with these changes, ensuring you're well-informed about the latest real estate developments.

Join us for this informative journey through the world of real estate, where we equip you with the knowledge to make the best decisions in today's market.

Until next time, keep it REAL Collective!

Are you buying or selling? Book a meeting with Sean or Kyle today!
Sean: https://calendly.com/seanrealcollective
Kyle: https://calendly.com/kmmortgage/phone-connect

Download our FREE SELLER GUIDE here: https://realcollective.remaxhallmarkottawa.com/ask/13f2716214954bf649ac6a4e84a3314b

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Website: https://www.realcollective.ca

Exciting new listings hitting the market for Christmas: (0:30)

Discussion on interest rates and economic factors: (1:06)

Potential decrease in fixed rate mortgages and its impact: (3:01)

Timing the market and strategic buying and selling: (6:19)

Importance of pricing aggressively when selling a property: (7:13)

The impact of rising house prices on affordability and society (09:30)

Half Time: (15:18)

Storytime: A missed $200,000 opportunity in a commercial real estate deal: (16:33)

The impact of effective communication in real estate transactions: (20:06)

The importance of making phone calls to explore all options: (23:09)

The message to agents and sellers about the lessons in this story: (23:50)

The lesson for buyers in this story: (26:50)

The challenges associated with the new regulations from TRESA coming into effect Dec 1: (29:10)

Outtro: (32:44)

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