Lindsay Schenk and Alex work as a team to better meet your needs. We’ve got you covered 24/7 just as “high-tech” agents should! You’ll be glad you contacted us to help you with all your real estate and property management needs. You may contact Lindsay Schenk via email below:
Lindsay was ranked in the TOP 30 agents under 30 years old by RE/MAX Ontario Atlantic for 2013 – this means out of ALL the RE/MAX agents in all of Ontario, Quebec and Atlantic Provinces, Lindsay earned income that was in the TOP 30 for all agents under 30 years of age – quite an accomplishment!
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1
Why Subscribe?You will receive valuable Real Estate information on a monthly basis – such as: where to find the ‘best’ mortgage interest rates, Power of Sale properties and graphs of current house price trends. Plus, you will acquire ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decidePrivacy-Policy
At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and or Meadowvale ) Ontario, Canada Real Estate Property Internet web site you will find relevant information to help you and your family.
The Skymark Towers Condos, 25 & 35 Kingsbridge Garden Circle Mississauga
Demand for condominium apartments and townhomes on the upswing in the GTA, says RE/MAX
For immediate release Toronto, Ont. Low interest rates have bolstered condominium apartment and townhouse sales in the Greater Toronto Area in recent months, says RE/MAX. Sales are up marginally over last year’s record-setting pace, rising from approximately 15,500 to almost 16,100 units year-to-date, according to Toronto Real Estate Board data. Condominium apartments and townhomes now represent 31.1 per cent of all homes sold in the GTA, up from 29.6 per cent in July.
“We’re at the point where close to one in every three homes sold is a condominium apartment or
townhome,” says Pamela Alexander, CEO, RE/MAX Ontario-Atlantic Canada. “Given current market conditions, we expect to see even stronger activity in coming months. Clearly, the sky is not falling on the condominium market.”
In fact, condominium sales in August were up by 25 per cent over the same month last year. In the downtown core and the Etobicoke waterfront, sales were up by 37 per cent and 50 per cent respectively during the same period. In spite of the upswing, fewer sales are occurring in the under $150,000 price range. Sales in that segment of the market are down 25 per cent year-to-date. By comparison, sales of condominiums priced over $150,000 have increased significantly, in large part reflecting the price appreciation that has occurred over the past year.
Sales of condominiums priced between $200,000-$300,000 have experienced the greatest increase, rising 20.3 per cent over 2002 levels. The luxury condominium market, priced over $500,000, is also on the rise, with sales up 19 per cent over one year ago. Mid-range condominiums, priced between $300,000 and $500,000, are up 14.3 per cent while those priced from $150,000 to $200,000 were up 8.8 per cent over the same period one year ago.
“Selection and affordability are key factors in today’s marketplace,” says Jamie Johnston, Broker-Owner, RE/MAX Condos Plus, situated in downtown Toronto. “There is an ample supply of condominiums currently listed for sale – a fact best underscored by statistics. With condominiums representing 63 per cent of all new listings in the central core, there’s no question that those coming on stream are being absorbed by the market. In August, for example, condominiums represented 64 per cent of total sales in the central core. Clearly, supply is meeting demand.”
In addition, the influx of condominium units in the downtown core is expected to ease over the next two years. Only the Water Club, Radio City and Water Park developments are under construction – no other major projects are scheduled for completion over the next 18 to 24 months.
“A balanced market is an ideal environment for both buyers and sellers,” explains Johnston. “And as long as
inventory levels hold, condominium prices will be held in check. ”
Condominiums as Percentage of Total Sales in the GTA January – August 2003 First-time buyers have been a driving force in the residential condo market for quite some time. Last year, says Johnston, approximately 63 per cent of condominiums in the GTA sold for under $200,000. This year, that figure has dropped to 57.5 per cent, down more than five per cent from one year ago. Not surprisingly, very few of those condominiums are located in the central core. First-time buyers typically find the cost of a starter condominium in the downtown core prohibitive. As a result, many are purchasing smaller studio units or investigating options in the north, east, and west end of the city. Move-up buyers and empty nesters are behind the push for condominiums on the waterfront.
“We suspect that move-up buyers and retirees will fuel demand for higher-priced condominium units in the central core this fall.”
Investors continue to be noticeably absent from the marketplace due to rising vacancy rates and lower rent. RE/MAX is Canada’s leading real estate organization with over 11,600 sales associates in more than 540 independently-owned and operated offices. The RE/MAX franchise network, now in its 30th year of consecutive growth, is a global real estate system operating in over 44 countries. More than 4,600 independently-owned offices engage 84,000 member sales associates who lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, relocation and asset management. For more information, visit: www.remax.ca.
From: RE/MAX Condos Plus RE/MAX Ontario-Atlantic Canada Point Blank Communications Sept. 03.
Why Subscribe? You will receive valuable Real Estate information on a monthly basis – such as: where to find the ‘best’ mortgage interest rates, Power of Sale properties and graphs of current house price trends. Plus, you will acquire ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decidePrivacy-Policy
This page explains residential real estate commission rates in the GTA, covering the differences between the listing and selling brokerage commissions, the total commission, and whether rates are negotiable. We’ll also explore how commission rates can impact your sale price.
Real estate commissions in the GTA are typically a percentage of the sale price, ranging from 0% to around 5%, with the most common being between 2% and 3%. The total commission is usually split between the listing and selling brokers, with the selling broker typically receiving 2% to 2.5%. These rates can vary and are negotiable, so it’s important to research your options when selecting a listing agent.
Be cautious of ads claiming “2.5% commission” or “1% commission,” as these often refer only to the listing side. The selling commission also needs to be considered in the overall cost. Some listings, known as “mere postings,” may offer minimal selling commissions or a flat fee, leaving you to negotiate with the selling agent directly. Make sure to understand these terms fully.
Commission rates can vary widely in the GTA, and while 2.5% is common, they are always negotiable. Some companies offer discounted rates while claiming full service—be sure to read the fine print and ask for details in writing before signing a listing agreement. Do your research to ensure the level of service matches the rate.
Our philosophy in real estate and for any transaction in general is this:
“The long-term pain of receiving poor service and selling your home for a lower price than it should have originally sold for, will last much longer than the short-term gain of a small savings in the commission rate.” Think about it.
All My Marketing, Experience and Internet Exposure for 2.5%, read our marketing package
Are Commissions Negotiable?
In the GTA and Mississauga, real estate commissions are typically a percentage of the sale price for full MLS services, ranging from 0% to 6% or more. While commissions vary, they are negotiable and can be lower than 5%, depending on the services required.
When listing your property, we can discuss the total commission based on the services you need. Note that other RE/MAX Franchisees and Sales Associates across Canada may offer different rates and services.
Discounted Commissions
Some agents offer discounted commissions, but lower rates may sometimes mean reduced service levels—though not always. Some companies in Mississauga offer full-service real estate at discounted rates, while others may offer varying levels of service for a lower fee.
Be cautious with reduced commission ads, as they may require you to buy your next home through the same agent or broker, buy one of their listings, or take out a mortgage with their recommended lender to qualify for the discount. Always read the fine print carefully.
Sometimes, ads claiming a “2.5% commission” refer only to one half of the total commission, meaning no actual discount. Always verify the terms in writing.
This content is copyrighted by mississauga4sale.com for exclusive use by us and our clients. Other agents may not use this information. Misrepresenting oneself as a member of the public or impersonating someone else is a violation of our code of ethics.
By browsing the pages in this website you have given your explicit permission for us to log your IP address. Your IP address is unique to the computer that you are currently using and is logged in my log files on my web server. Anyone can find the exact computer that you are currently using and track if you have submitted forms using false or misleading data or false or misleading impersonation of someone that you are not. Read more about how we know YOUR IP ADDRESS
Thank you for your understanding!
Conclusion
When considering a lower commission offer, carefully assess what you may be sacrificing. Often, not all details are clear in the advertisement, so it’s essential to dig deeper and get the full picture.
The most important factor in selling your home is the brokerage and the agent representing it, so be sure to research thoroughly. Some marketing services may be omitted, so ask yourself if the savings are worth it. Always do your due diligence before signing an MLS listing agreement.
Ask plenty of questions before committing. If you have any concerns or need clarification on commission rates, feel free to contact us.
If you come across misleading advertisements, you can file a complaint with RECO (Real Estate Council of Ontario). They take public complaints seriously and ensure they are addressed. Visit the RECO website to learn more.
On this website, you’ll find information on 2.5% commission rates in Mississauga by Mississauga4sale.com, along with details on listings, virtual tours, and tips for buying or selling in Mississauga, Oakville, and Toronto.
Whether you are buying or selling
We PROMISE to be Professional, Reliable & Enthusiastic! Lindsay Schenk Broker
(905) 828-3434
Why Subscribe?You will receive valuable Real Estate information on a monthly basis – such as: where to find the ‘best’ mortgage interest rates, Power of Sale properties and graphs of current house price trends. Plus, you will acquire ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decidePrivacy-Policy
Our goal is to provide you with all the information you need to make the best decision for you and your family. This website is packed with resources to help you make informed choices when buying or selling real estate in Mississauga, Toronto, or the GTA. Interested in Power of Sale Properties?
You will find many pages at this real estate information based website contained in six main sections:
This month’s new TREB report – Sales and prices were both strong for last month – typical for this time of year!read more and see Average Price Graphs | latest newsletter | predictions, forecast and more for our GTA Real Estate Market
Search MLS listings Mississauga Real Estate MLS Listings, Properties and Homes in Mississauga for Sale,Mississauga4sale.com!
Critical information if you are thinking of selling your home in Mississauga. almost all buyers in Canada now do their home searching online! If you are thinking of selling your home, you have to stop and consider that when it comes to buyers searching for a home in Mississauga, this website that you are now reading is near the top website on Google for Mississauga Real Estate.
Mississauga Real Estate Listings, MLS Properties and Homes for Sale, Real estate listings, real estate agent, Sell a home in Mississauga Ontario or properties for sale in real estate – how to buy home Mississauga realestate – townhome and semi detached homes for sale in Mississauga Ontario – Mississauga Real Estate Listings, MLS Properties and Homes for Sale, Real estate listings, real estate agent, Sell a home in Mississauga Ontario or properties for sale in real estate – how to buy home Mississauga realestate – townhome and semi detached homes for sale in Mississauga Ontario-You can Find Your House With The Click Of a Mouse! Begin your real estate research of the multiple listing service, view MLS Homes for sale, experience virtual tours and more!
As part of our ongoing commitment to you and the Real Estate market in Mississauga and the GTA, we carry out extensive research and produce a monthly On-Line Mississauga Real Estate Newsletter that is packed with the latest price trends for Mississauga, Toronto and the GTA Real Estate marketplace, where to find the best mortgage rates and it gives you excellent advice that is ‘distilled’ from our experience of more than thirty five years in the Mississauga real estate business.
Welcome to our Mississauga Real Estate website. As a licensed Professional Real Estate Broker, we are equipped to effectively serve your Real Estate needs within any of these areas:
Toronto Regional Real Estate Board (TRREB)
Mississauga (MREB)
Oakville & Milton (OMDREB)
Hamilton & Burlington (HBDREB)
OREA – Ontario Real Estate Association
CREA – Canadian Real Estate Association
RECO – Real Estate Council of Ontario
We will provide a high degree of detail management with valuable and timely information (as you can see at this website) when you sell your home with me or when you purchase your next home. Why? Because we are “High-Tech Agents”
You can be confident that all your needs will be taken care of and that our job is to give you all the information so you can make the best decision for yourself and your family.
Congratulations! You have reached your journey’s end – you’ve finally found the premier “High-Tech” Agent in Mississauga – with all the answers and explanations to your Real Estate questions -stop grappling with the perplexities of real estate and learn all the answers right here – you can examine the real estate selling pitfalls to avoid or the best time of year to sell and much more information and details when you sell your home – all in your own backyard – Mississauga, Ontario! Then you can make the best decision for yourself and your family – before you sell or buy your next home. We are here to help you every step of the way.
Other sections of our site include: Mississauga Real Estate Property Listings, MLS properties, tips on relocation to Mississauga, Oakville or Toronto and the GTA, secrets and insights when buying and selling Homes, information on RE/MAX realtors, I’ll show you how you can save money when you list your home on the mls, good questions to ask Partners Section Partner and Related Sites: Real Estate Power of Sale Blog that we have created | Resources partners section of this site prospective realtor, pitfalls to avoid and much more
Sell your home in mississauga ontario or properties for sale in real estate how to buy home mississauga realestate townhome and semi detached homes for sale in mississauga ontario and sell your home in mississauga ontario or properties for sale in real estate how to buy home mississauga realestate townhome and semi detached homes for sale in mississauga ontario You are unique visitor number:
Lindsay of Mississauga, Ontario, Canada welcomes you!
Why Subscribe? You will receive valuable Real Estate information on a monthly basis – such as: where to find the ‘best’ mortgage interest rates, Power of Sale properties and graphs of current house price trends. Plus, you will acquire ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decidePrivacy-Policy