Category: Real Estate-Business

PATIENT CAPITAL

JOEL SOLOMON AND THE CLEAN MONEY REVOLUTION by JOHN MUNROE The Clean Money Revolution: Reinventing Power, Purpose, and Capitalism by Joel Solomon with Tyee Bridge New Society Publishers, 250 pp, $29.99 ISBN 978-0-86571-839-5 Imagine you inherited both a fortune and a fatal disease that could rob you of the time to spend it. Most of us would throw up our hands and set off for Machu Picchu, skydiving lessons, or the local bar. But some people are not so predictable. Affectionately known to some as a ‘Business Rabbi,’ author Joel Solomon is a patient capitalist: an ethical investor who...

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CANADIAN CORPORATE INNOVATION

Leveraging A Startup Playbook For Digital Transformation. by Linda Montgomery Photo Caption: Blanc Labs applying startup mindset to innovation for a Canadian Bank. Innovation is becoming a hot topic for Corporate Canada in the office towers overlooking the Toronto Waterfront.  New digital technologies will disrupt these companies – today, a Fortune 500 company has a lifespan of just 15 years; it was 50 a decade ago. A shocking 57% of S&P 500 firms will be replaced by new firms during the next decade says Yale University professor Richard Foster.   This upheaval is partially a result of companies not...

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3 PRICING STRATEGIES WHEN SELLING YOUR CONDO

by Donna Bulika, BBA, MCNE There is a fair amount of psychology involved when choosing the strategy and determining the selling price of your property. If you are a seller, first you want to know an approximate value of your property. Your agent should provide you with the numbers, like recent sales of similar condos, how many days they were on the market, how many condos were sold in the past 6 months, what is the inventory at the moment in the building and in the area. What upgrades have been done to your place, etc. Once you know...

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SHAPING UP TO BE REAL ESTATE’S BEST YEAR EVER.

by Daryl King Daryl King  When I first ventured into the world of real estate back in the early 80’s, the average Canadian house sold for approximately $72,500 and the interest rate for a 5-year mortgage was about 21%. Agents used to keep all the listings in a closely guarded MLS book that they could not share outside the office; most offers were put together in-person. …people spend hours every day looking at properties online… Today, the market is changing on a daily basis. It used to be that it changed every 30 days, but now you have to...

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MUST-DO UPGRADES BEFORE SELLING YOUR CONDO.

by Donna Bulika, BBA, MCNE Why do some condos sell very quickly, just in a few days while others are sitting on the market for 3 months and more? Even in this hot Toronto Real Estate market where the inventory is very low, historically so low, it is only 1.2 months. Here are some statistics: Let’s take for example C1 district, which is the most concentrated district with condos. There are currently 640 units available for sale on MLS (Nov 21 data) 420 units are on the market longer than 16 days (average days on the market) There were...

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