Categories
Entrepreneurship

Power Through a SHIFT: Lead Conversion and Reset Expectations [Video]

(VIDEO DESCRIPTION)—🏠 Buying a home? Check out our free home search: https://thewolekgroup.com/buy_a_home💸🏠 Selling your home? Check out our free home value report: http://www.tulsahomevalue.com— Where to follow The Wolek GroupWebsite: https://www.thewolekgroup.comFacebook: https://www.facebook.com/tulsaokrealestateInstagram: https://www.instagram.com/thewolekgrouptulsaLinkedIn: https://www.linkedin.com/in/thewolekgroup.comVideo Blog: http://tulsalooksgoodonyou.com#RealEstate #TheWolekGroup #tulsarealestate #tulsaoklahoma —✅ Subscribe ✅: https://www.youtube.com/channel/UC_9WYLbPpZ-8eZz3u8NMnYg?sub_confirmation=1Jennie Wolek | The Wolek GroupKeller Williams Realty Advantage | Tulsa, OK2651 E. 21st St, Ste. 100Tulsa OK, 74114📲 Cell: 918.706.9845📧 Email: info@thewolekgroup.com🌐 Website: https://www.thewolekgroup.com

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Entrepreneurship

Nicola Wealth Interview with Ethan Astaneh [Video]

We had the pleasure of joining Nicola Wealth, a full service wealth management group with offices across the nation, on this weeks episode. We get into a number of questions and topics that many of Nicola Wealth’s clients had in mind. Primarily we took the investors perspective as we ran through the synopsis of what got us into the position we find ourselves today and where the real estate market goes from here. We also discussed how the Toronto and Vancouver Real Estate Markets typically operate in unison; however since going through the recent rate hike cycle, we’ve seen a divergence in performance and market trends that normally doesn’t present itself. Why is this the case and what does it mean?! We dive into some interesting numbers that help to explain the story.Furthermore, we looked into how and why home prices in Vancouver haven’t fallen to the same degree as the rest of the nation – why we have such incredibly low levels of inventory and how that has become an even bigger problem than the restricted flow of credit and quantitative tightening that’s happened for most of 2022. Looking forward, we discuss what opportunities exist in 2023 and why Vancouver and potentially Toronto is poised to have another exceptional bull run when this real estate cycle restarts. Lastly we explore what, if anything, policy makers could do with a pen stroke to make the real estate environment more affordable throughout the region and the answers as you could expect – aren’t easy._________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Valuable Videos For Buyers & Sellers 🏡 Top 3 Must Do’s Before Buying www.youtube.com/watch?v=9LJ9ewil2A4&t=81sHow To Sell A Home In Vancouver www.youtube.com/watch?v=psg1YQrI-Yg&t=687sHow To Buy A Home In Vancouver www.youtube.com/watch?v=p0EztR7YcWUThe Smith Manoeuvre www.youtube.com/watch?v=GmA6WKmQd_s&t=11sShould I Buy Or Rent? www.youtube.com/watch?v=F7UNlG34BI0&t=710s🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZThe Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 REALTORS! Unlock the secrets of Top Producing Agents, learn the power of passive income and get exclusive access to real estate projects – all for FREE 👨🏼‍💼Level up your production and dominate ATTRACTION Marketing that creates INBOUND Leads – all taught by 3 Top Agents.📆 Book a Private 1-on-1 to learn how we help agents DOUBLE their business → https://bit.ly/TalkEXPwithUsThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Level 10 Agent Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Google Ads coaching🆓 Online lead generation program🆓 Online lead conversion program🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired🆓 Your Inside Sales Agents trained & hired🆓 Access to our private Facebook mastermind Group🆓 Access to 1-on-1 support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent

Categories
Entrepreneurship

2022 BC Property Tax Assessments #shorts [Video]

_________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Valuable Videos For Buyers & Sellers 🏡 Top 3 Must Do’s Before Buying www.youtube.com/watch?v=9LJ9ewil2A4&t=81sHow To Sell A Home In Vancouver www.youtube.com/watch?v=psg1YQrI-Yg&t=687sHow To Buy A Home In Vancouver www.youtube.com/watch?v=p0EztR7YcWUThe Smith Manoeuvre www.youtube.com/watch?v=GmA6WKmQd_s&t=11sShould I Buy Or Rent? www.youtube.com/watch?v=F7UNlG34BI0&t=710s🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZThe Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 REALTORS! Unlock the secrets of Top Producing Agents, learn the power of passive income and get exclusive access to real estate projects – all for FREE 👨🏼‍💼Level up your production and dominate ATTRACTION Marketing that creates INBOUND Leads – all taught by 3 Top Agents.📆 Book a Private 1-on-1 to learn how we help agents DOUBLE their business → bit.ly/TalkEXPwithUsThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Level 10 Agent Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Google Ads coaching🆓 Online lead generation program🆓 Online lead conversion program🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired🆓 Your Inside Sales Agents trained & hired🆓 Access to our private Facebook mastermind Group🆓 Access to 1-on-1 support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent

Categories
Entrepreneurship

Vancouver Real Estate Market Update for January 2023 [Video]

The stats are in for the last month of 2022 and while we know activity is low – we didn’t know it would be one of the lowest activity months ever recorded. Without a doubt Buyers and Sellers are digging in their respective heels to get what they want in this transitioning marketplace. Buyer’s are making the case for lower prices through tougher affordability and Sellers are still attached to the market that was here at the start of 2022. The divide between what Buyers are prepared to pay versus what Sellers are prepared to sell for is wide and it’ll take some time before we see more movement. That movement will come from the BoC shifting it’s position on it’s interest rate hike forecast along with compelling data that inflation is coming down – but alas, we aren’t there yet and it’ll likely be some months before we see higher levels of activity. With that said, there were a mere 1,206 new listings in the month of December and we sold nearly 1,300 homes. With inventory continuing to fall, it is artificially maintaining the market prices as Buyers struggle to find the quality they are looking for in the available inventory. Where do we go from here? The Bank of Canada will almost certainly be raising interest rates again this month – likely a quarter to half a point and this will depend largely on the inflation data we receive on January 12th. From there it’ll be a function of supply versus demand but with very few people listing, there won’t be much competition from other Sellers and many Buyers have parked their interest on the sideline until there’s better inventory quality. If you have a home in good shape and priced to market, it could be a surprising opportunity to sell now versus in the coming months when more listings will come to market._________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Valuable Videos For Buyers & Sellers 🏡 Top 3 Must Do’s Before Buying www.youtube.com/watch?v=9LJ9ewil2A4&t=81sHow To Sell A Home In Vancouver www.youtube.com/watch?v=psg1YQrI-Yg&t=687sHow To Buy A Home In Vancouver www.youtube.com/watch?v=p0EztR7YcWUThe Smith Manoeuvre www.youtube.com/watch?v=GmA6WKmQd_s&t=11sShould I Buy Or Rent? www.youtube.com/watch?v=F7UNlG34BI0&t=710s🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZThe Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 REALTORS! Unlock the secrets of Top Producing Agents, learn the power of passive income and get exclusive access to real estate projects – all for FREE 👨🏼‍💼Level up your production and dominate ATTRACTION Marketing that creates INBOUND Leads – all taught by 3 Top Agents.📆 Book a Private 1-on-1 to learn how we help agents DOUBLE their business → bit.ly/TalkEXPwithUsThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Level 10 Agent Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Google Ads coaching🆓 Online lead generation program🆓 Online lead conversion program🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired🆓 Your Inside Sales Agents trained & hired🆓 Access to our private Facebook mastermind Group🆓 Access to 1-on-1 support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent

Categories
Entrepreneurship

Housing Affordability Is Even Worse Now [Video]

Quantitative tightening is still very much at the forefront of monetary policy as we saw mortgage rates on the rise again this week. With variable rates now above 5 year fixed rates for the first time since 2019, sitting on average around 5.5%! Fixed rates for comparison sake are sitting at 5.1%.This week we explore what’s happening nationally and how Vancouver stacks up against other major metros. For context and as we look across the nation, this is the most rapid rise in interest rates in the last 30 years combined with the lowest level of sales in over 20 years.. and yet, single family homes across the GTA for example are only at 2.3 months of inventory. Balanced marketplaces typically like to see upwards of 5 months of inventory.Check out this week’s episode as we take a look across the nation and how a lack of inventory is still the major theme. Surprising growth numbers continue to come out of Alberta and financial markets rose this week on the news that inflation printed lower than expected. _________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZThe Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 REALTORS! Unlock the secrets of Top Producing Agents, learn the power of passive income and get exclusive access to real estate projects – all for FREE 👨🏼‍💼Level up your production and dominate ATTRACTION Marketing that creates INBOUND Leads – all taught by 3 Top Agents.📆 Book a Private 1-on-1 to learn how we help agents DOUBLE their business → https://bit.ly/30MinsLevel10This is a taste of what our Coaching Team can offer you, free of charge!🆓 Level 10 Agent Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Google Ads coaching🆓 Online lead generation program🆓 Online lead conversion program🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired🆓 Your Inside Sales Agents trained & hired🆓 Access to our private Facebook mastermind Group🆓 Access to 1-on-1 support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent

Categories
Entrepreneurship

Why Join A Real Estate Team – Lead Conversion [Video]

Why Join A Real Estate Team – Lead Conversion #shorts #realestate #realestatetraining Book A Free Strategy Call w/ Eric: https://ericlowry.me/strategy-call/📲 Subscribe here: https://bit.ly/3FPL03m📲 Text, call, or email anytime Eric@LowryTeam.com or visit my website: http://EricLowry.meeXp Presentation Deck✅ United States: https://bit.ly/3E9HrDR✅ Canada: https://bit.ly/3NXQhbjBusiness Model and Earning Opportunities ✅ https://explore.exprealty.com/section/earning-opportunities/eXp Marketing Center✅ https://www.expmarketingcenter.com/All About eXp Agent Health Care✅ http://www.expagenthealthcare.com/Book A Free Strategy Call w/ Eric: https://ericlowry.me/strategy-call/Visit us on Facebook: need link for next level real estate pageInstagram: https://www.instagram.com/ericlowry1/Linkedin: https://www.linkedin.com/in/ericlowry/

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Entrepreneurship

October Sales Low, While Prices Surprise! #vancouverrealestate [Video]

If you live anywhere else in Canada, it’s pretty clear in today’s market that without demand, the supply of homes will rise creating a decline in sales volume and that effectively helps to lower prices along with very low consumer confidence. With credit having been restricted through quantitative tightening at the most aggressive pace in recent history – affordability has reached heights we’ve never seen before and everyone is feeling the squeeze. Toronto saw new home sales fall 96% last month – just 45 new homes sold in October, and only 250 new condos – in a region where 6 million people live this isn’t good news for the market. So why is it that in Vancouver, under the same set of financial conditions, hasn’t experienced the rise in inventory needed to bring prices down? In this episode we discuss the unique case of Vancouver’s inventory, why it performs so much stronger than the rest of the market and how existing re-sale inventory will be a formidable problem for the market to tackle in the years to come. Is it any surprise that new home builders are getting hurt the most? With new layoffs announced in both Canada and the US, it’s a sealer sign there’s more pain to come. And let’s not forget we need these very same people to help solve our housing crisis by building more inventory. They are now paying interest on their inventory they can no longer afford to pay. As this problem persists, expect to see these properties begin to sell as Builders are forced to bring their prices down to reduce their debt load in the short run. But at the same time, Developers will freeze projects or push them out until prices are restored and the environment improves. Looking at the longer term metrics, it’s without a doubt that it will – Canada recently announced it is gearing up its ultra aggressive immigration policy. With more than 500,000 new Immigrants per year by 2025 – and the majority of those people will be technically skilled individuals immigrating to Canada to add to the workforce. As these people accumulate and new home builders freeze out the inventory and existing inventory not coming to market because home owners have locked in ultra low rates, we are poised for another housing boom on the other side. However in the short run, Buyers who can capitalize on this softening trend will thank themselves in the years to come. #vancouverrealestate #vancouverrealtor #vancouverrealestateagent _________________________________ Contact Us To Book Your Private Consultation:📆 https://calendly.com/thevancouverlife🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 7,300 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021, 2022🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________

Categories
Entrepreneurship

The New Era Of Commercial Real Estate with James Huang [Video]

This week we got the opportunity to meet the head honcho launching eXp’s commercial division in Canada, Mr. James Huang, President of eXp Commercial. Breaking into that market will be transformative for those both looking to buy, invest, or sell commercial real estate with the exciting tech suites and professional teams available to service you. Moreover, if you’re a business owner or a professional yourself, you will love this weeks podcast as Dan and I got to learn the incredible 20 year professional story that James has lived. From leaving med school in University, to working on Wall Street as a portfolio manager, to then getting into commercial real estate and establishing a boutique company in L.A. some years later with over 184 brokers working for him! Now he sits as the President of eXp Commercial; it’s a fascinating story with great insight into the commercial landscape and some great insights into what it takes to make a successful company culture. For More Information:https://expcommercial.com/https://www.linkedin.com/in/james-huang-3772839/_________________________________ Contact Us To Book Your Private Consultation:Dan Wurtele, PREC, REIA604.809.0834dan@thevancouverlife.comRyan Dash PREC778.898.0089ryan@thevancouverlife.com 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________

Categories
Entrepreneurship

Mortgage Rates Up 71% Now [Video]

Another 50 basis point jump was on the table today as the BoC continued down the path of hiking rates at an unprecedented rate. For some context, variable rate mortgage holders were getting rates as low as 1.29% in January and on a $1mil mortgage, payments averaged about $3,350 a month. Fast forward to today’s rate hike and that same mortgage is now up over $5,700 or an increase of 71% in just 8 months. In even simpler terms, in January you could have expected to pay $40,000 a year for a home at prevailing rates – that same mortgage today going to cost $28,000 a year more or $68,000 – for those on fixed income, this is becoming harder and harder to manage.The BoC also expects GDP growth to half from 3.25% down to 1.5% in a short period of time grinding economic activity to a stall before easing and allowing GDP to return to 2%. That’s their plan – whether that’s actually how it plays out remains to be seen. The BoC has made many projections over the last 2.5 years and none of them have really been accurate so take what they say with a grain of salt. Given that inflation appears to be pervasive throughout the general economy with businesses still reporting a very tight labour market, inflation will likely stay elevated for some time as energy consumption throughout the winter time continues to rise. The cost of goods and services will likely stay elevated into the winter months as demand destruction is the name of the game. With that said, our guest Mychal Ferrera with BMO is reporting more pre-approvals for mortgages than he’s seen in a long time as more and more Buyers pile up on the sidelines waiting to strike – and with such limited inventory – it’s anyone’s guess as to when Vancouverites will begin to put their properties back on the market – however, it looks as though inventory will remain low for the foreseeable future as economic activity continues to slow down.Contact Mychal Ferreirahttps://www.linkedin.com/in/mychalferreirahttps://www.instagram.com/mychalferreira/_________________________________ Contact Us To Book Your Private Consultation:Dan Wurtele, PREC, REIA604.809.0834dan@thevancouverlife.comRyan Dash PREC778.898.0089ryan@thevancouverlife.com www.thevancouverlife.comYOUTUBE DESCRIPTION⏱ TIMESTAMPS ⏱0:00 Intro0:50 New CMCH Proposed Tax14:36 2021 National Home Sales_________________________________ Contact Us To Book Your Private Consultation:🗓 Book an appointment: https://calendly.com/thevancouverlife🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________

Categories
Entrepreneurship

Vancouver Votes For More Housing [Video]

What a week for BC’s Provincial and Municipal governments as both David Eby and Mayor elect Ken Sim are set to take over. With a huge push to change up the status quo of housing in the province and specifically in Vancouver, many local residents have spoken that they want, in fact they are demanding change with Ken Sim winning by a landslide. In this weeks Podcast episode we take a look at the housing platforms that both the New Mayor of Vancouver and the Premiere of BC intend to introduce. While we aren’t convinced by any politician’s promises, we are interested to see specifically what Ken Sim will bring to the table, His new policy around the time it takes to get a permit for renovations, new single family permits and multifamily permit construction will be of the upmost importance and could have a significant effect on housing if implemented effectively.. Seeing as David Eby was already the housing minister for the Province – we are a little disappointed that some of the items he’s tabling haven’t been dealt with to date.. we’ll let you be the judge of that.We also break down where we think interest rates are headed not only for next week but also by the end of the year. We question why the media outlets are asking everyone to pay attention to CORE Inflation, a measuring stick that removes the most volatile commodities from the CPI Index but those very same commodities – food and energy – are the ones we use the most and are daily expenses we all encounter – so why aren’t we measuring their impact on Inflation? Understanding why that matters and so much more can be found on this weeks podcast. _________________________________ Contact Us To Book Your Private Consultation:Dan Wurtele, PREC, REIA604.809.0834dan@thevancouverlife.comRyan Dash PREC778.898.0089ryan@thevancouverlife.com 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________

Categories
Entrepreneurship

Vancouver Home Sales Down 46% [Video]

Making sense of what is happening inside our current Real Estate market is tough in today’s environment. Sweeping comments in conversation or news articles that suggest “The Market” isn’t doing well or that “Housing is Down” is no longer an accurate way of describing the housing sector – at least not in Vancouver. Take this little stat as an example: Vancouver currently has less inventory than it did this time last year; inventory actually dropped by 3% compared to September 2021 and is the third straight month of inventory declines in the GVRD. By comparison, Ontario’s inventory count is up by a whopping 89%.In this week’s podcast episode, we review the bizarre case that is Vancouver Real Estate and how it measures up to its historical performance in down markets. While HPI prices are generally down across the board by about 9.5% and the median price of a home is down by 12%, we’ve seen that slow dramatically. Prices have only adjusted down by 2% over the last 3 months showing signs of an early stabilization or at the very least less downward pressure than we initially saw some months ago. However, this is where the head scratching begins as the average price of a home in Vancouver actually rose by about $44,000 last month! Sounds like some good old supply and demand economics at play again. Unfortunately, the same can’t be said for the Fraser Valley where median prices have fallen by 25% or an average price loss of (-$455,000). North Vancouver is down significantly by a similar amount (-$470,000 albeit in a more expensive market) and West Van detached is down on average by (-$627,000) per home. It’s definitely no surprise that we are down -46% in sales volume year over year – largely driven by the cost of borrowing and unstable prices but like we’ve seen in the past, Vancouver is a resilient market and if you’re thinking of buying a home in the foreseeable future here – take advantage of this time because if inventory continues to remain this low and the economy begins to correct – we know what kind of a market we’ll be heading into. _________________________________ Contact Us To Book Your Private Consultation:Dan Wurtele, PREC, REIA604.809.0834dan@thevancouverlife.comRyan Dash PREC778.898.0089ryan@thevancouverlife.com 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________

Categories
Entrepreneurship

Housing Affordability Worst On Record [Video]

Housing unaffordability is truly the worst it’s ever been. In this weeks episode we explore how home ownership cost (as a percentage of median household income) hit 60% this year, an all-time high. Considering the price of inflation, the cost of increasing interest rates and relatively stagnant wage growth by comparison, the cost of living has risen significantly.The affordability Gap in Canada – the difference between what a home costs and what a person can afford to pay for a home has widened by 67%!Following this bearish trend, the DOW had its worst month since the lockdown, in March 2020 and this was the worst quarter for the S&P 500 since 2009Canadian Household debt to disposable income continues to climb, hitting a new all-time highs in August. It’s now at 182%! And by comparison, our friends down south in the USA are at 100% respectively.A recession could still largely be avoided if the bank of Canada pivots in due course but inflation data suggests that won’t happen – it’s still too high which ironically increases the odds of a recession with every interest rate hike from here. Sounds bad, and while it is – there’s hope as some important metrics are beginning to show signs of stabilization here in BC and Canada continues its very aggressive immigration policy adding well over 280,000 new permanent residents in Q2 alone. _________________________________ Contact Us To Book Your Private Consultation:Dan Wurtele, PREC, REIA604.809.0834dan@thevancouverlife.comRyan Dash PREC778.898.0089ryan@thevancouverlife.com 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________