A $750 tax credit is also available for first-time buyers to assist with closing costs such as legal fees, land transfer taxes, disbursements, etc. The credit is based on $5000 for first time home buyers. A person is considered a first time buyer if neither they nor their spouse or common-law partner has owned or
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Another instance of where home prices have not declined much in recent years is areas where large amounts of property development was simply not possible. This can be true for either the US or Canada. Many areas (especially affluent or wealthy ones) in Toronto were built up mostly to capacity many years ago. So when
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Knowledge of home financing and long term trends in your farm area can go a long way toward helping your buyer clients feel more confident about buying a home with you and doing it now. The result: more signed buyer representation agreements.
Personal Digital Assistants, commonly known as PDAs, are great for keeping your business and personal matters organized and on track. But many real estate professionals are in the dark about how to do this without spending a fortune. Some, being technology averse, don’t understand how to use PDAs well. Others haven’t gone beyond cell phones
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The idea of sacrifice or living lean for a time doesn’t even occur to them until they’ve gone months without a sale and they’re forced to tighten their purse strings by an erratic income and waning savings. Above all, their focus is on helping themselves, not on helping others. So it’s no wonder most of
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Kubrick was well known for his perfectionism in directing his movies. He read 500 books on Napoleon for a movie on the French Emperor he never actually got to make. Most famously, Kubrick often demanded dozens of retakes of scenes from his actors. In particular, Kubrick’s movie The Shining gave rise to the legend of
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Is there a full timer alive who doesn’t encourage and welcome business from friends and family? Getting business from a referral is not much different than friends and family because referrals are also based on people who know us. We all know referrals are the lifeblood of a great many real estate professionals, especially the
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It’s relatively easy to wake up in the morning, go to a job where your day is mostly planned out for you, then go home, and collect a pay check every two weeks. It’s not so easy when you have to create your own plan for every day, face rejection on a regular basis from
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The debate about whether people should be allowed to be real estate professionals on a part time basis rages on. What interests me about this issue isn’t so much who’s right and who’s wrong but what motivates the points of view from either side. I believe when we look closely at the people arguing against
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I must create a system, or be enslaved by another man’s I will not reason and compare; my business is to create – William Blake We’ve all heard the phrase “leaving money on the table”. For those who haven’t, it means unnecessarily giving up money in a situation when you don’t have to. One of
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