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Taking a risk is often your first step towards success!

Taking a risk is often your first necessary step toward success.  If you don’t take some risks, you won’t get the chance to succeed.  While you are trying, you are winning.

The law of averages is on your side. The more you try, the greater your chance of succeeding.  Never get discouraged!  Every wrong attempt is another step forward. People that make no mistakes usually don’t make anything.

Make up your mind not merely to overcome a thousand obstacles, but to win in spite of a thousand defeats.  Your mistakes are stepping stones to success and your installment payments to victory.

You can’t be a winner and be afraid to lose.

Quick Market Update:

I’ve seen a decrease in the number of showings that have been taking place as well more and more properties are not selling on their offer dates.  One stat quoted to me for downtown was close to 80% of properties with offer dates didn’t sell on the date (unconfirmed report).  This is not to say that there are ample good listings that aren’t selling and is part of the reason why more and more properties aren’t selling on their offer dates.  Every agent in the market is holding offers and it’s creating a backlog for buyers who are looking to purchase properties and in turn are getting turned off.  Also, the interest rate hikes as well as changes in CMHC rules for lending has pushed some buyers out of the market.

This will reflect as a more balanced market and will cool things down in Toronto Real Estate.  If you’re thinking about selling, it would be wise to have your property listed sooner than later.  There are more interest rate increase expected in Q3 and Q4 of 2010.  As a buyer, you should get a current pre-approval and make the bank will honor the better rate in case the rates go up.
If you have a concern that you’d like me to discuss, please feel to reply to this email or call me to discuss it.
Following are some of the projects we’ve been working on:
  • We’ve SOLD the gorgeous 2 Bedroom plus den property with almost 950 sq ft located on Queens Quay West. The property sold for 10% over asking price!
  • We’ve just reduced our listing in Mississauga at 7308 Manion Road to $324,900 and is available for showings.  Seller has asked to see all offers!  More information here
  • We have access to a very exclusive property in Toronto, corner of Bay and Elm, that is perfect for a Flagship store in the heart of Toronto.  If you or anyone you know is interested in more information, please follow this link and let me know if I can provide any further information.
  • We will have a beautiful Milton detached property with 4 bedrooms hosting over 2400 square feet coming in the market within the next few weeks that I can provide more information on if you’re interested.
  • Our current featured listings

We’re working with a number of buyers but following are some of the notables that we’re having issues finding their next home and would like you’re help in locating:

  • Looking for a commercial property with heavy industrial zoning in the North York area with at least 5000 square feet of space and out side storage.
  • Looking for a Semi-Detached or Townhome with at least 3 bedrooms and modern kitchen in Mississauga for a pre-approved client.

Any information or leads you can provide relating to the above properties are very much appreciated.  As always, if you have any questions relating to real estate or know of anyone looking for help with their next real estate transaction, please feel free to provide us with their name and number and we would ensure to follow up with them on your behalf and provide the same level of service that you’ve come to expect from us.


The contributing factor,
Addy Saeed
Real Estate Sales Representative
RE/MAX Active Realty Inc., Brokerage
Direct: 1-877-HEY-ADDY (439-2339)
Office: 416-292-6777
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