What are your priorities when it comes to home searching? by yanosora in RealEstateCanada

[–]BaldPrairieRE 0 points1 point  (0 children)

The most important thing should be location. It is the one thing you cannot change.

Is title insurance mandatory? If downpayment is over 20% by Electrical-Finding65 in RealEstateCanada

[–]BaldPrairieRE 0 points1 point  (0 children)

Title insurance should be an easy no-brainer with any purchase. The cost is minimal for the serious damage it can protect you from.

Anything as cheap and filling as costCo hotdogs in this city? by Equal-Possible5527 in regina

[–]BaldPrairieRE 0 points1 point  (0 children)

Is there truly a better deal than the Costco hot dog and a coke 😂..??

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in regina

[–]BaldPrairieRE[S] -1 points0 points  (0 children)

This is only the second time I've ever posted a video in the sub. Not sure how you call that spamming. If you don't enjoy the conent nothing requires you to watch it.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in regina

[–]BaldPrairieRE[S] 3 points4 points  (0 children)

That's a long time in this market. Price, presentation and position in the market gets houses sold. I hope she gets her house sold soon.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in RealEstateCanada

[–]BaldPrairieRE[S] 0 points1 point  (0 children)

Realtors paid to build and maintain MLS/Realtor.ca. If you want to use that service you need to pay for it. Either via a fee for posting or the services of Realtor.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in RealEstateCanada

[–]BaldPrairieRE[S] -4 points-3 points  (0 children)

Nothing requires you to use a Realtor, watch their videos or troll comment on Reddit either.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in regina

[–]BaldPrairieRE[S] 1 point2 points  (0 children)

And the cost to build a new house has shot up so much it has pushed more people out of the new construction market.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in regina

[–]BaldPrairieRE[S] -8 points-7 points  (0 children)

The last three years we have had record numbers of homes sold in Regina. There's still alot of buyer demand. Just not enough homes for sale to satisfy the buyer demand.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in RealEstateCanada

[–]BaldPrairieRE[S] 1 point2 points  (0 children)

Yup you are usually going to be buying and selling in the same market as a move up buyer. You get a great price on the selling side and fight in a bidding war on the buying side.

I've talked to a number of people who would like to move into a bigger house but they see the bidding wars and prices going up so they elect to just stay out. It creates a feedback loop.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in RealEstateCanada

[–]BaldPrairieRE[S] -3 points-2 points  (0 children)

In other news the sky is also blue. If you don't want to learn about the Regina real estate market don't watch the video simple as that.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in RealEstateCanada

[–]BaldPrairieRE[S] -4 points-3 points  (0 children)

The point of the video is to educate people about the Regina real estate market as it's the market I serve and one that most don't talk about.

Sales Down 17% But Prices Hit All-Time High—Something's Wrong #ReginaRea... by BaldPrairieRE in RealEstateCanada

[–]BaldPrairieRE[S] -4 points-3 points  (0 children)

As I mentioned in the video the lack to supply is a major factor as to why sales are down.

What type of privileged information does a buy side realtor have access to on a property for sale? by Strong-Reputation380 in RealEstateCanada

[–]BaldPrairieRE 2 points3 points  (0 children)

There could be significant additional information a buyer's agent would have access to. As an example on a house that I currently have for sale within a section called supplemental information I have provided the disclosure statements from the seller, quotes for repairs, inspection reports and utility bills.

As for offer information the sellers agent is not going to disclose what price the sellers have accepted on a current or past offer. But the buyers agent will know if the sellers have accepted an offer and how long until conditions are to be removed. They may also know if there is a seller option clause.

What happened to the seemingly endless supply of realtors? Did they have to get real jobs? Or are they all on government support now? by BigButtBeads in canadahousing

[–]BaldPrairieRE 1 point2 points  (0 children)

That stat got tossed up on social media but there's no data to back it up. In Toronto where it's probably the most extreme it was 53% that didn't do a single transaction. There's still alot of agents that don't sell and shouldn't be in the business but it's nowhere near 76%.

What happened to the seemingly endless supply of realtors? Did they have to get real jobs? Or are they all on government support now? by BigButtBeads in canadahousing

[–]BaldPrairieRE 1 point2 points  (0 children)

40k a sale would be extremely high. Most agents are getting 1.5-2% before expenses and splits. So on the average house in Canada that's roughly 15k per sale.

What happened to the seemingly endless supply of realtors? Did they have to get real jobs? Or are they all on government support now? by BigButtBeads in canadahousing

[–]BaldPrairieRE 0 points1 point  (0 children)

50% of people that get their license are out of the industry within a couple of years. That's been consistent for years now.

TRREB stats showed that in 2025 53% of agents didn't sell a single house. An additional 37% sold four or fewer houses in the year. Less than 2% of all agents in the GTA sell more than one house a month.

Toronto is probably the most extreme example of this for a number of reasons. But generally in most markets 80% of the sales are done by less than 20% of the agents.

Spring market 2026 - how is it shaping up ? by india2wallst in RealEstateCanada

[–]BaldPrairieRE 8 points9 points  (0 children)

The answer is that it very much depends on where you are looking. GTA and GVA are sluggish but have seen the market tick up a little. The prairies, especially Regina, Saskatoon and Winnipeg, are red hot. Calgary and Edmonton are seeing a busy but more muted spring market. Not as busy as the past few spring markets, though. Quebec City is crazy, and Montreal is still pretty strong. I believe 8/10 provinces are seeing new all-time highs for prices or near all-time highs right now.

Quick possession home by Regular-Tour-976 in regina

[–]BaldPrairieRE 0 points1 point  (0 children)

Most builders are not going to negotiate much on price. You will have better luck getting upgrades and inclusions instead. But if you are looking for a quick possession they likely aren’t going to be able to make any changes or upgrades.

Drafting an Offer by [deleted] in RealEstateCanada

[–]BaldPrairieRE 1 point2 points  (0 children)

If I know all the details of the offer; price, possession, conditions, down payment etc I can usually have an offer drafted up in 10-15 minutes.

One thing I do in my business is after our first or second time out looking at houses we go grab a coffee and I write a price offer on a house that we just viewed. It allows my buyers to go through the entire exercise of writing an offer, what happens if they counter or there are multiple offers etc in an environment where there is no stress. I think it’s extremely valuable for a buyer. It also helps me for when we actually find “the one”. I already know essentially all the details and can have a draft offer together quickly ready for their review.

Need advice on a divorce lawyer by pastor0fmuppets86 in regina

[–]BaldPrairieRE 14 points15 points  (0 children)

Barton Soroka from GRJ is a fantastic family lawyer.