GTA Stakeholders Report- June 2024

A Message From Our Founders

Dear Thornhill Community,

Thank you for your incredible support in making this year’s community yard sale a resounding success. We are deeply grateful for the opportunities to serve and be a part of the community we are so proudly rooted in. Seeing everyone come together and share in the spirit of friendship and community warms our hearts.

We’re excited to announce that we’ll be hosting another community event this fall at the German Mills Community Centre—a carnival event! Stay tuned for more details. We look forward to having fun and creating more wonderful memories with all of you.

If you are looking to buy or sell your home, we are the people you can trust. Your satisfaction is our priority, and we are committed to helping you achieve your real estate goals.

Thank you once again for your continued support.

Warm regards, Kirby and Carrie Founders, Kirby Chan & Co.

A Huge Thank You to Our Yard Sale Participants & Vendors!

Your participation and enthusiasm truly brought our community together, making the event a resounding success!

We are deeply grateful for your support and look forward to creating more memorable moments together.

YOU’RE INVITED to our next Community Event!

Join Us for our FIRST Fall Fun Festival.

Date & Time: Saturday, September 7th, 9:30 AM - 3:00 PM

Location:

German Mills Community Centre 80 German Mills Rd.

What’s Happening:

Family Activities

Snack Stations

Local Vendors

Donation Drive: Support the Richmond Hill Food Bank. Bring non-perishable food items or make a cash donation to help those in need.

Bring your family and friends for a day of fun and community spirit!

Real Estate Myths vs Reality

Navigating the real estate market in Ontario involves understanding what’s myth versus reality. Here are some common myths debunked and truths uncovered to help buyers and sellers make informed decisions:

Myth 1: More Renovations Mean Higher Sale Prices

Many believe that extensive renovations are necessary to fetch higher prices. While strategic updates can boost appeal, not all renovations yield a worthwhile return on investment. It’s essential to focus on cost-effective improvements that enhance value without over capitalizing.

Myth 2: The Best Time to Sell is Spring

Spring is traditionally viewed as the best time to sell due to increased buyer activity. However, Ontario’s real estate market is active yearround, and selling in off-peak seasons like fall and winter can mean less competition and equally motivated buyers.

Myth 3: Pricing High Nets More Negotiation Room

Setting an unrealistically high price might seem like a good strategy to leave room for negotiations, but it can deter potential buyers and prolong market time. A competitively priced home based on a thorough market analysis is more likely to attract offers and sell quicker.

Myth 4: All Real Estate Markets are the same

Real estate conditions can vary significantly across Ontario. What works in one area might not in another. Local expertise is crucial for effective pricing, marketing, and negotiation strategies.

Myth 5: Real Estate Agents Don’t Add Value

Some might believe they can go it alone to save on commissions, but a skilled agent brings market knowledge, negotiation expertise, and marketing prowess, which can result in better sale terms and prices. Hiring Kirby Chan & Co. Real Estate Team will give you the best value and results that you want.

Understanding these myths and truths can demystify the process and lead to more successful real estate outcomes in Ontario’s diverse market.