Top 10 Reasons to Hire a REALTOR®


Whether you’re in the market to buy and sell, or if you’re a real estate professional who’s clients/customers need a reminder, here are the 10 top reasons for home sellers to hire a REALTOR®:

  1. Realtors are experts in the field, having completed an extensive course of study.
  2. Realtors are governed by the Real Estate Council of Ontario, and must adhere to provincial laws, which include a Code of Ethics.
  3. Realtors have the knowledge and experience to market and stage the property, negotiate successfully, and close a deal.
  4. Realtors can determine what a property is worth because they have access to the MLS® System and comparables.
  5. Realtors’ marketing and exposure may yield multiple offers.
  6. Realtors do the paperwork and ensure it is completed properly.
  7. Realtors help protect the privacy and security of the sellers.
  8. Realtors qualify buyers before showing the property. That is, they ensure people viewing a property can afford to purchase it.
  9. Realtors can remain objective and are able to deal with facts when marketing a property.
  10. Realtors can provide objective feedback about why a property is not selling and make recommendations based on experience.

For more information on how REALTORS® help, visit http://howrealtorshelp.ca/index.php.


*The above article is excerpted from the OREA Blog produced by the Ontario Real Estate Association. 
Visit http://www.oreablog.com/ for more information.*

**The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.**

OREACREA logo - new

                                                                                                                                                      

Renovate before reselling? Some tips from RECO

Highway 407 East Project


The Highway 407 East Project will be built in two sections and as two separate projects. The first section includes the mainline from Brock Road to Harmony Road, and Highway 412 connecting it to Highway 401. The second sections includes the mainline from Harmony Road to Highway 35/115, and Highway 418 connecting it to Highway 401.

The first section will be constructed by Spring 2016 and the second will be constructed by late 2020, with an interim opening from Harmony Road to Taunton Road at Highway 418 by late 2017.

As an added bonus, the first 3 months of toll use will be free between Highway 401 to 412 that links to the 407.

Below is a map showing both Phase 1, Phase 2A and Phase 2B:
407-East-Large-Map

For additional maps and information regarding the Highway 407 East Project, visit: http://highway407east.com/detailed-maps/.

 

PKAR December 2015 MLS® Stats


MH

January 15, 2016PKAR logo 2012png (done by Theresa Kane)

Mike Heffernan, President of the Peterborough and the Kawarthas Association of REALTORS® Inc. says, “PKAR’s total sales of 145 for the month of December were very similar to the sales we saw in December of 2014.  Residential sales were 94, on par with previous year’s December sales as well, and Cottage/Recreational sales were a whopping 21; the highest December Cottage/Recreational sales of all time!  This could be attributed to the warm weather we’ve been having this winter.  The lack of snow made it possible to travel to cottages during the time of year when the snow usually makes it impossible to get to these areas.

Farm Sales were also unusually high for the month, with 27 sales.  Not only has this been the best December Farm Sales, it has interestingly also been the best Farm Sales of all time!  In terms of year-end sales, 2015 has shown an increase in numbers in all areas, and total sales have increased by 17.63% over 2014.

Contributing factors to these numbers are the scheduled extension of Highway 407, which will make commuting to the city much easier, as well as the log jam of traffic on the 400 series highways heading to the Muskokas.

The Peterborough area sales are enjoying the momentum of the Kawarthas being the new Muskokas and with the professional sales people we have PKAR’s Association, your local REALTORS® are ready for the ever growing popularity of Peterborough and the Kawarthas!”

Capture mls

Happy Holidays from all of us at PKAR!

xmas

PKAR’s Annual Christmas Breakfast 2015


Local REALTORS® Give Back to the Community this Holiday Season

xmas

Peterborough and the Kawarthas Association of REALTORS® hosted their Annual Christmas Breakfast on Wednesday, December 9th, 2015. The event highlighted the past year’s fundraising efforts, and the passing of the gavel from the current President, Dominic Cole, to the new board President, Mike Heffernan.

Area REALTORS® raised over $20,000 during the past 16 months, which was filtered through the Ontario REALTORS Care® Foundation and then given back to local charities at the Annual Breakfast.

The recipients of the 2015 ORCF Grants were:

Alzheimer Society of Peterborough Kawartha Lakes, Northumberland and Haliburton $5,000;

Five Counties Children’s Centre $5,000;

the Warming Room $5,000;

YES Shelter for Youth and Families $4,940;

and United Way Peterborough & District – Backpacks for Kids Program $500.

Additionally at the breakfast, food donations were collected and $2,700 was raised for the Salvation Army’s Hamper Program, a program that PKAR has supported for over 30 years, as well as sleepwear for the Sweet Dreams Foundation Children’s Charity.

(Back Row L-R): Matthew Martin, Community Impact Facilitator for United Way Peterborough & District; Dominic Cole, PKAR 2015 President; Katelyn James, Program Manager for the Warming Room; Suzanne Galloway, Executive Director for YES Shelter for Youth and Families; Kristi Doyle, PKAR Director and Community Involvement Chair; Patrick McAuley, Board Trustee for Five Counties Children’s Centre; Dave Adams, Executive Director for Five Counties Children’s Centre.

(Front Row L-R): Wendy Giroux, PKAR Executive Officer; Susan Dunkley, Fund Development Coordinator for the Alzheimer Society; Lorraine McCallum, Fund Development Coordinator for the Alzheimer Society.    

For more photos, visit PKAR’s Facebook Page HERE!

PKAR October 2015 MLS® Stats


Dominic Cole

November 20, 2015REALTOR logo in red

Dominic Cole, President of the Peterborough and the Kawarthas Association of REALTORS® Inc. says, “We have achieved the best Total October Sales of all time with 318 sales!  The previous highest being 296 sales in October of 2005.  Residential Sales this month hit 232, and our Cottage/Recreational sales stand at 40, both of which are the best October Sales of all time.

From November 26th to December 7th, PKAR REALTORS® will be at Wal-Mart on Chemong Road manning the Santa Sleigh for the Kawartha-Haliburton Children’s Foundation’s fundraiser.  Additionally, PKAR REALTORS® will be manning the kettles on December 16th for the Salvation Army at various locations for our REALTOR® Ring Day. These are both great events where the community can see the value of a REALTOR® and how much we enjoy contributing to our local communities.

PKAR members and the Ontario Real Estate Association (OREA) are lobbying the Provincial Government to prevent implementation of the Municipal Land Transfer Tax, which would effectively add $5,590 in taxes to the average priced home in Peterborough. We are encouraging everyone to take a couple of minutes to visit www.donttaxmydream.ca and urge their MPP to prevent the spread of the MLTT.”

Peterborough and the Kawarthas Association of REALTORS® Inc.
Represents Approximately 440 REALTORS® In Peterborough City and County
For further information please contact:
Dominic Cole, 2015 President at (705) 743-9111

Ontario Real Estate Association – Municipal Land Transfer Tax – Press Release

ONTARIO GOVERNMENT ONE STEP CLOSER TO ALLOWING DOUBLING OF LAND TRANSFER TAXES ON HOME BUYERS PROVINCE-WIDE

Provincial government looking to extend power to all municipalities to change unfair, unsustainable Municipal Land Transfer Tax despite public opposition and election promise

Toronto, ON, Oct. 27, 2015 – The Ontario Ministry of Municipal Affairs and Housing has indicated that they are going to make buying a home even harder by giving every municipality province-wide the power to charge a Municipal Land Transfer Tax (MLTT), a change that will double the land transfer taxes consumers have to pay on their next home. The Ontario Real Estate Association (OREA) encourages all Ontarians to visit www.donttaxmydream.ca to learn more about the negative impact of the MLTT and stop this tax from spreading province-wide.

“Ontario home buyers are already charged a provincial land transfer tax, so by adding a municipal tax, they’re essentially doubling the tax burden on Ontario families,” said Patricia Verge, president of OREA. “If the Ontario Liberals follow through with this plan, home buyers will be forced to pay $10,000 in total land transfer taxes on the average priced home in Ontario, starting as early as next year.”

Broken election commitment doubles tax on home buyers

The provincial government is currently undertaking a public consultation on changes to the Municipal Act. Despite the fact that the period for public comment is still open until October 31, 2015, the Ministry of Municipal Affairs and Housing has indicated that they will move ahead  with granting municipalities across the province the ability to impose a municipal land transfer tax, disregarding views expressed by Ontarians during this important public process.

Verge said that, “The Ontario Liberals wrote to us in May 2014, during the election, stating that ‘they had no plans to extend these powers to municipalities’. On behalf of home buyers, we want them to remain good on this election promise and that means Ontarians need to send a strong message that the government must rethink its plan to double the land transfer tax burden on home buyers.”

In 2008, the City of Toronto put an MLTT in place after the Ontario government extended the powers to do so two years prior. The result has been significant negative impacts on jobs and the economy. Over five years, it is estimated that 38,227 housing transactions did not occur in Toronto because of the MLTT. With every home transaction generating $55,000 in consumer spending on things like renovations, furniture, appliances, and fees to professionals, the MLTT has cost the City of Toronto $2.3 billion in lost economic activity and 15,000 jobs. This type of effect would be multiplies across Ontario if the government moves ahead with its plans.

New data from Ipsos Reid show Ontarians do not support new tax

A new Ispos Reid poll shows that the overwhelming majority of Ontarians (89 per cent) outside of Toronto oppose a new MLTT charged on home purchases in their area. Respondents agreed that if a new land transfer tax were put in place, it would limit their ability to afford a home (77 per cent) and they would likely have to delay a purchase (75 per cent). Ontarians agreed (77 per cent) that the government should do all it can to help families own their own home.


About OREA

The Ontario Real Estate Association represents 62,000 brokers and salespeople who are members of the 40 real estate boards throughout the province. OREA serves its REALTOR® members through a wide variety of professional publications, educational programs, advocacy, and other services. www.OREA.com 

Methodology

These are some of the findings of an Ipsos Reid poll conducted between August 28 to September 8, 2015, on behalf of the Ontario Real Estate Association. For this survey, a sample of 1,501 Ontarians from Ipsos’ Canadian online panel was interviewed online. Weighting was then employed to balance demographics to ensure that the sample’s composition reflects that of the adult population according to Census data and to provide results intended to approximate the sample universe. The precision of Ipsos online polls is measured using a credibility interval. In this case, the poll is accurate to within +/-2.9 percentage points of what the results would be had all adults in Ontario been surveyed.

For more information, please contact:

Ontario Real Estate Association                                                                                                                                                           Katarina Markovinovic                                                                                                                                                                           Manager, Media Relations                                                                                                                                                                 Phone: (416) 445-9910 Ext 615                                                                                                                                                           Email: katarinam@orea.com

Counsel Public Affairs Inc.                                                                                                                                                                        Derek Mletzko – (416) 920-0716 x212; dmletzko@counselpa.com                                                                                                                 or                                                                                                                                                                                                  Lindsay Broadhead – (416) 920-0715 x210; lbroadhead@counselpa.com

PKAR September 2015 MLS® Stats


Dominic Cole

October 16, 2015REALTOR logo in red

Dominic Cole, President of the Peterborough and Kawarthas Association of REALTORS® says, “Our September sales of 321 were at their highest level since 2002.  This is a remarkable continuation of the increased trend this year.  Residential sales this month came in at 247, being our best September Residential Sales on record.  Cottage/recreational sales were up as well, with 34 – the highest number since September 2009.  Year-to-date, we are up 19.25% over last year.

Peterborough City and County are abuzz with developments for new housing, the airport, Highway 407 and our downtown core, as well as our state of the art Peterborough Regional Health Centre; Here is THE place to live.

PKAR members continually raise funds and give back to our community and this year is again, no exception. Our 4 chosen charities for 2015 are:

  • Youth Emergency Shelter (YES)
  • United Way Peterborough & District Backpacks for Kids Program
  • The Warming room
  • Five Counties Children’s Centre

Having hosted the first Candidates Meeting of this year, PKAR would like to encourage voters to get out and vote at the polls on October 19th, 2015.”

Capture

Peterborough and the Kawarthas Association of REALTORS® Inc.
Represents Approximately 440 REALTORS® In Peterborough City and County
For further information please contact:
Dominic Cole, 2015 President at (705) 743-9111

Read More →

PKAR’s 13th Annual REALTORS® Charity Golf Tournament

quarry gold coursePKAR logo in red

On Wednesday, September 16th, PKAR hosted their 13th Annual Charity Golf Tournament at the Quarry Golf Club in Ennismore. Nearly $7,700 was raised at the tournament this year!

Money raised through fundraising initiatives, such as our annual Golf Tournament, is filtered through the Ontario REALTORS® Care Foundation and distributed back into the Peterborough Community. In 2015, these funds will be donated to the Youth Emergency Shelter (YES), United Way Peterborough & District Backpacks for Kids Program, the Warming Room, and Five Counties Children’s Centre. The support from our REALTORS® is the reason we can continue to be successful in giving back to our community!

Thank you to everyone who sponsored, donated, and participated in this great event; and to ListCENTRAL for being our Tournament Sponsor!

ListCENTRAL - Logo

 

Special thank you to our Gold Sponsors

AmeriSpec Inspection Services                   Clarence Collison – Realty Executives Alison               Jack McVicar Professional Corporation 

AmeriSpec_InspServ_Logo

 

and also to our Silver Sponsor; Anne Spivey – Charlotte Paint & Wallpaper

 

Thank you to OBEO as well for photographing the event.obeo.jpeg

OBEO will be awarding a prize to the photo with the most votes on PKAR’s Facebook page: https://www.facebook.com/PtboAssocRealtors

 Check out the golf photos and be sure to vote:

http://mobile.obeo.com/viewer/photos.cfm?TourID=1056235

Voting deadline is October 6th, 2015.