Sold in the 6ix - Toronto Real Estate Stories and Strategies
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- Business
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Sold in the 6ix is your insider connection to the ever-evolving Toronto real estate scene, hosted by Desmond Brown from RE/MAX Hallmark. This podcast is a treasure trove for anyone involved in the Toronto real estate scene. Whether you're stepping onto the property ladder in Ontario's vibrant GTA, looking to invest in the market, a realtor yourself, or simply fascinated by the unique homes that dot the 6ix. Desmond, a seasoned Toronto realtor, taps into his vast network to bring listeners exclusive insights, blending his real estate prowess with the latest market analyses and trends.What sets Sold in the 6ix apart is the unique access Desmond provides to a roster of industry insiders and experts, enriching the conversation with a diverse range of perspectives on sales, mortgages, and investing strategies. As a listener, you'll get an insider's perspective on how to navigate the complexities of the Toronto real estate market, from securing your dream home to optimizing your investment portfolio. With advice rooted in the comprehensive seller services that RE/MAX Hallmark is renowned for, this podcast is an essential listen for anyone interested in understanding or entering the competitive world of Toronto real estate.
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Naughty Agent VI
In this episode of Sold in the 6ix, Desmond Brown discusses two cases of unethical behaviour by real estate agents in Ontario.
The first case involves an agent who allowed a buyer to start renovations on a property before the sale was finalized, resulting in a $10,000 fine.
The second case involves an agent who repeatedly violated regulations, including altering contracts without the seller's knowledge, failing to secure proper signatures for price reductions, and relisting a property without a valid agreement. Despite numerous violations, the agent was only fined $30,000 and ordered to complete an ethics and business practices course. Brown emphasizes the importance of choosing a reputable agent and ensuring all agreements are in writing.
Listen For:
3:13 – Unauthorized Access and Renovation
10:10 Falsification of Contract Dates
12:09 Unauthorized Price Reduction and Extension
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Desmond can be reached at:
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Home Inspect for the Unexpected
A house is more than a home; it's a story waiting to be told.
In this episode, Des checks in with veteran home inspector Richard Gaughan in a deep dive into the evolving dynamics of property evaluation.
Amidst a market that once raced past such precautions, they explore how buyers and sellers are now embracing the protective reassurance of detailed home assessments.
Richard's 30 years of expertise reveal not just changing trends, but the intricate dance of inspections, renovations, and real estate savvy—all brought into a narrative that demystifies the once-daunting aspects of asbestos, knob and tube wiring, and the true bones of a house.
Listen For:
5:07 The Importance of Buyer Inspections
9:16 Focusing on Buyer Priorities
14:39 Guidance for Buyers
27:52 Pre-list Home Inspections Value
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Desmond can be reached at:
Website | Email | X | Instagram | Facebook
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A Registry That Exposes Bad Tenants and Landlords
In this episode we dive into the innovative business model of Openroom, founded by Weiting Bollu.
Openroom is revolutionizing the rental market! It’s an online database that has the names of tenants and landlords who have been found at fault by the Landlord and Tenant Board.
Openroom helps with the due diligence that all landlords and tenants should go through before agreeing on a residential lease, and in just one year has hosted almost 2 million searches.
With a backlog at Ontario’s Landlord and Tenant Board of 8 months to a year, Openroom helps landlords and tenants avoid this often costly tribunal stage.
Guest: Weiting Bollu, Co-Founder & CEO, Open Room
Website | Instagram | TikTok
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Desmond can be reached at:
Website | Email | X | Instagram | Facebook -
Smart Strategies for New Real Estate Investors
Make real estate investment your new reality.
Desmond and real estate guru Todd C. Slater explore the path to investment success for the average person. They look at the significance of defining your investing "why," the strategic approach to financial readiness, and the smart utilization of home equity to kickstart your investment journey.
Des and Todd walk you through the practicalities of choosing investment properties, focusing on markets outside the metropolitan areas for better affordability and returns.
From discussing market shifts and highlighting the power of real estate as a tool for building generation wealth for anyone looking to make their mark in the real estate investment sphere, Des and Todd present a roadmap for this reality.
Listen For:
1:20 The Importance of Knowing Your 'Why'
5:16 Choosing the Right Investment Property
11:06 The Goal of Breaking Even vs. Profit
14:39 Real Estate Investment Success Stories
Guest: Todd C. Slater
For over 30 years, Todd C. Slater has been a leader and innovator in the real estate world. Todd was one of the top Realtors Worldwide within the RE/MAX network, with a focus on protecting and educating his clients every step of the way. Todd negotiated thousands of transactions throughout his career.
Connect with Todd:
Email | YouTube
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Desmond can be reached at:
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Real Estate and Estate Planning in the 6ix
It’s no secret Canada’s over 65 population is swelling. With 7.6 million Canadians now aged 65 or older, the importance of having affairs in order is more important than ever.
Guest Garry Cass explains the difference between a power of attorney and a will, and the importance of updating wills regularly. He also discusses the complications that can arise when someone dies without a will, and the challenges of having family members on the title of a property.
Cass advises you to be proactive rather than reactive in estate planning, and to treat every will as if it's the last one you’ll ever make.
Listen For
1:31 The Critical Role of Wills and Powers of Attorney
9:14 Real Estate Considerations in Estate Planning
7:02 Executor Selection and Responsibilities
15:02 Challenges of Dying Intestate
Guest: Garry Cass, BA, LLB, TEP, Barrister & Solicitor
Website | Email
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Desmond can be reached at:
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Blueprint for Change: Tim Hudak on Boosting Ontario’s Housing Market
Desmond and his guest Tim Hudak of OREA explore the complexities of Ontario's housing market, starting with a focus on the affordable housing report.
A few years ago, the Ontario government announced an ambitious plan to address the housing crisis, aiming to build 1.5 million homes over the next decade.
Despite challenges such as COVID-19, supply shortages, and rising costs, progress has been made, with the Ontario Real Estate Association (OREA) analyzing the government's efforts in implementing the task force's recommendations.
Beyond housing, the conversation touches on various topics, including the impact of high interest rates, labour shortages, and the potential for converting commercial spaces to residential use to boost housing supply.
They also discuss the importance of addressing NIMBYism, the need for more efficient land use, and the role of transit-oriented development in creating more affordable housing options.
And they cover OREA's wellness program for realtors, the upcoming Reality conference, and the broader implications of these issues for Ontario's economic and social fabric.
Listen For
4:51 The Impacts of High Interest Rates on the Housing Market
7:43 Strategies to Boost Housing Supply
11:47 Challenges Posed by NIMBYism
26:12 OREA’s Wellness Program and Industry Initiatives
Guest: Tim Hudak
X | LinkedIn
OREA Links: X | LinkedIn
REALiTY 24 Conference (to register and to see the full list of speakers and the agenda): https://realityconference.ca/
OREA’s latest housing supply report titled Analysis of Ontario’s Efforts to Boost Housing Supply: https://www.orea.com/advocacy/Housing-Supply
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Desmond can be reached at:
Website | Email | X | Instagram | Facebook
Customer Reviews
Estate Planning
Excellent topic, especially in these Covid-19 times. Desmond’s guest, lawyer Gary Cass, explains the basics and provides relevant examples. Desmond’s questions help us to understand why we need to put our affairs in order. Bravo!
Ms Jay Dhaliwal
Information comes at you fast. If you've ever wanted to know about what is going on in the real estate market and planning for the future, then look no further. Desmond Brown has you covered. Find some space in your day to change your perspectives, ignite your curiosity, and learn something new.
5iv Stars
Great insight into the Toronto Real Estate market