Real Collective Podcast

Get your Magic Mind here: https://www.magicmind.com/RCP20You get 20% off for a one time purchase and up to 48% off for subscriptions with my code: RCP20This week, Sean and Kyle discuss the effects of political and economic uncertainty on the market.Our hosts begin by announcing that the show will be going on hiatus, making this the last episode. In the meantime, feel free to revisit past episodes—there's plenty of evergreen content to help buyers, sellers, investors, or those looking to refinance.Next, they discuss how uncertainty impacts the market, drawing on both real estate and mortgage financing perspectives. They explore past government transitions and their effects on the industry, providing historical insights.The conversation then shifts to the differences between commercial and residential financing, highlighting key distinctions. They also dive into the ongoing evolution of business as a whole—how we operate, how transactions happen, and the decreasing demand for commercial space in a changing work environment. Thank you for tuning in for 165 episodes—your support means everything. Keep it REAL Collective!To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here:Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.caKyle Miller on Instagram: https://www.instagram.com/kylemillerottawaKyle Miller on Facebook: https://www.facebook.com/KylemillermortgagesIntro (0:00)The last episode for a while (1:18)Uncertainty – what effect does that have on the market (5:12)Government efficiency? (5:50)We expect two markets this year (6:30)Mortgage agent angle of what's coming (7:20)Last government change over impact in 2015 (9:44)RE/MAX Hallmark Connect economic update (11:10)A lot of red tape for small businesses in Canada (12:20)But we need to build more homes (13:30)Who are politicians really talking to? (14:25)Get a sharp mind with Magic Mind (15:19)Commercial Multi-Unit Building Story (18:27)Commercial vs Residential financing (19:15)What does it mean to have CMHC funding on a 6-plex? (21:45)Do they have the 1.5 million top end on them? (22:33)Going to 50-year amortization with commercial financing (22:58)Commercial office space demand decreasing (23:57)It's time for us to evolve (25:53)So long (29:22)Outro (32:35)

This week on the REAL Collective podcast Sean and Kyle are discussing when closing day takes a turn and some real stories of unexpected delays. They kick off the episode by exploring the different types of real estate closing delays, starting with those caused by banks. They share a story of a bank-related delay, diving into the complexities behind it. The conversation then shifts to a deal held up by promissory notes and a predatory lending situation, highlighting the potential pitfalls. They discuss how delays can create a domino effect, impacting multiple parties in a transaction. The hosts also cover a case where a buyer delayed closing to shop for better interest rates—a strategy that can backfire due to unexpected costs, emphasizing the importance of doing the math. They recount a story about a three-month closing, weighing the pros and cons of relisting the home versus waiting it out. To wrap up, they provide a brief update on the impact of recent interest rate drop. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To get in touch with Kirk Law Office, visit: https://kirklawoffice.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages Intro (0:00) Delayed closings (3:30) Banks delaying to the last moment (4:22) Another closing delay where there was a second mortgage (7:06) There's an inherent risk with real estate (10:22) Predatory lending (12:26) How the dominoes can fall (13:20) A circle of 12 first refusals (14:33) Shout out to Kirk Law Office (16:55) Second half (17:09) Another delayed closing story due to rate shopping (17:50) Classic case of not doing the numbers (20:00) Never go on vacation when you are closing (24:18) 3-month delay on a close (25:35) Trash the deal and relist or delay closing? (27:15) The impact of the interest rate drop (28:06) Why variable or adjustable is the best choice if you are rate driven (31:22) Outro (33:00)

What's in a name? This week we are unpacking street suffixes and real-life real estate stories with Sean and Kyle. In this episode, we kick things off by exploring various street suffixes and uncovering their meanings. You might be surprised to learn that each one serves a specific purpose, with a rhyme and reason behind it. In the second half, Sean and Kyle dive into some recent real estate happenings. They share a story about a power of sale deal they're working on together and the challenges that come with such transactions. Kyle also highlights the importance of open communication and strong relationships with colleagues. Plus, they discuss a particularly intriguing house showing that left Sean scratching his head. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To get in touch with Azita Fathi at PrimeService Insurance, visit: https://primeservice.ca/azita-fathi/ or reach out to her at azita.fathi@primeservice.ca | 416-456-5205. Get 45% off the Magic Mind bundle with our link: https://www.magicmind.com/RCPJAN To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages Intro (0:00) Why work with Azita? (2:50) We're talking about street suffixes (5:22) Road (6:40) Way (7:13) Street (7:25) Avenue (9:45) Boulevard (10:13) Lane (13:50) Drive (14:24) Terrace (14:59) Place (15:57) Court (16:43) Crescent (17:17) Plaza or Square (17:30) The benefits of working with Azita Fathi (20:14) Second half (21:40) Story time - Power of Sale (22:00) Story time – Delayed Closing (27:10) Story time – Kyle on the power of open communication and why relationships matter. (32:10) Side note – if you are selling your house, put the weed away (34:50) Outro (36:12)

Sean and Kyle are discussing what to Expect in the 2025 Ottawa Real Estate Market this week on the REAL Collective Podcast. The episode kicks off with Sean sharing predictions and exploring Ottawa's unique identity as a Federal government town. They touch on politics, examining how a Liberal versus Conservative government could influence Ottawa's real estate market. Midway through, Sean and Kyle chat about the benefits they've experienced with Magic Mind, highlighting its benefits and offering a special January deal. In the second half, the conversation shifts to interest rates, the emergence of a balanced market, and the return of seasonality to the real estate market. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages Intro (0:00) Unpacking thoughts about 2025 and some predictions (2:40) Two separate markets happening (3:45) Ottawa is a Federal Government Town (6:20) Impact of Liberal vs Conservate government in the Ottawa market (6:54) Success or Failure? Depends on what lens you are looking through (9:50) Solutions to the housing crisis (12:10) Why we love Magic Mind (12:30) Ottawa home and Remodeling show tickets (17:20) What's the expectations in terms of interest rates (18:40) Have to sell vs want to sell (21:50) A pessimistic view from someone in the trenches (26:20) When rates are low, things are bad (28:08) Getting close to balanced market territory (28:55) Fallout from NAR ruling in the states (30:08) Uncertainty leads to lack of buyer confidence (30:38) You aren't going to be saved by a rate (31:52) Outro (32:22)

Co-Host Kyle Miller (Mortgage Agent) sits down for a chat with Frank Napolitano (Founding Partner and Level 2 Mortgage Agent) at Mortgage Brokers Ottawa, for an insightful conversation on the latest mortgage trends. They explore how global events are influencing interest rates, the impact of the pandemic on the current mortgage landscape, and the growing number of individuals approaching renewal time in 2025. Frank shares strategies for managing tight cash flow, discusses recent regulatory changes, and highlights the smart moves buyers should consider today. He emphasizes the importance of getting a second opinion from a mortgage broker to avoid costly penalties and offers valuable tips and solutions. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages Intro (0:00) We're getting up to renewal time for a large number of pandemic buyers (1:00) About Frank Napolitano (2:30) Lead with the good news (3:10) Solutions for tight cash flow (3:45) Compromise is the name of the game (4:12) Mortgage rates in the US and the differences (5:40) What's going on at a regulatory level (7:20) Loan to income ratios (9:45) 30 Year amortization (11:55) First Time Home Buyer Plan (12:56) Are these changes addressing affordability? (13:45) City of Ottawa increased development charges this year (14:45) Toronto's issues with condo values right now (16:19) The market in Ottawa – you don't need to worry about the big swings (17:50) Economists are struggling to predict what will happen in 2025 (18:30) REAL Collective Marketing (20:12) Second half (20:43) Battling predictions (21:14) Fall outs happening with new builds now (23:05) What is the smart move? (25:05) Some companies are shutting their doors (26:16) March announcement will be interesting (27:12) What does the retail sales report do? (27:56) Difference between variable and adjustable (29:05) The importance of getting a second opinion (31:36) The nerves of going into an adjustable or variable mortgage (33:10) Why a big bank might not be the best place to have a fixed rate mortgage (33:20) Sometimes you need to do what's right (38:30) Insurance is not mandatory with a bank (39:17) Outro (40:28)

This week Sean and Kyle are sharing their top 3 takeaways from 2024 to help you succeed in 2025. In this episode, our hosts dive into the top three real estate takeaways and top three financing takeaways that can set you up for success in 2025, whether you're planning to buy, sell, or invest. They explore how market trends from the past year are shaping the real estate landscape and share actionable insights to help you navigate the year ahead with confidence. From understanding shifting buyer preferences to leveraging strategic pricing and preparing for potential market fluctuations, they also discuss the importance of knowing your bottom line and truly understanding what the numbers mean for you. It's all about doing the math to see how a home purchase fits into your personal financial picture. Don't miss these valuable lessons to help you stay ahead and make informed decisions in 2025. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! If you would like to learn more about one of our trusted partners, PB Law, visit: https://www.pblawfirm.ca/ Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages Intro (0:00) Kyle's #3 – Government implementing rules in an effort to make things better for people in the mortgage world (2:27) Sean's #3 – Real Estate is back to the usual seasonality (5:00) Digging into the numbers (5:45) Sean's predictions on where we'll end up number wise (6:40) Sean's #2 – Buyers all want a deal right now (8:58) Kyle's #2 – Understanding what the math says (11:36) Stress can be alleviated by understanding the math, look at solutions instead of problems (13:18) Shout out to PB Law Firm (15:30) Second half (16:18) Sean's honourable mention for the #1 spot – Deals are hard right now. (17:06) The financing perspective (19:12) A few examples (21:00) Having the right people in your corner (23:14) Kyle's #1 – Interest rate misconceptions (24:00) What does this mean to me? (27:44) Sean's #1 – Reasonable sellers won (28:27) Outro (33:10) #realcollective #podcast #realestate #realestateteam #ottawa

Sean and Kyle discuss what the rate cut means for you & a heartwarming financing story this week on the REAL Collective Podcast. In this episode, we break down the recent 50 basis point rate cut from the Bank of Canada and what it means for both variable and fixed-rate mortgages. Kyle dives into the bond market's reaction and explains which type of mortgage has historically meant paying less interest over time. During the break, we talk about why we love working with Kirk Law Office and what makes them stand out. Learn more here: https://kirklawoffice.ca/. In the second half, Kyle shares a heartwarming story of a mortgage that almost didn't come together, overcoming obstacles just in time for his client to move into her new home right before Christmas. We also discuss how financing has changed over the years, with clients needing to fit into the bank's mould rather than the other way around. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #realestateteam #ottawa Intro (0:00) Quick chat about the recent interest rate cut by the BOC (1:30) What happened with the bond market during the announcement? (2:10) Historically which rate has been cheaper? (3:30) Why an adjustable/variable rate could be the way to go right now (5:00) The main difference between adjustable and static payments (6:30) You can manipulate your mortgage (9:46) The difference between Canada and the States (10:36) Shout out to Kirk Law Office (13:21) Second half (14:13) Story time (14:40) Why it pays to get a second opinion (15:00) Why are we sending cheques in the mail in 2024? (21:43) How different financing is today (23:43) We are trying to force ourselves into the bank's model (27:45) Outro (29:14)

This week on the REAL Collective Podcast our hosts are talking about BOC rate predictions, and shocking mortgage stories. They kick off the episode by diving into the final Bank of Canada rate announcement of the year, set to take place tomorrow. Kyle shares his predictions, while Sean breaks down how it could shape the real estate market next year. They then explore recent tech updates for realtors, discussing why these changes are happening and their potential impact. Sean also highlights some of the challenges currently unfolding. During the break, they give a special shoutout to Azita Fathi of PrimeService Insurance. You can learn more about Azita here: https://primeservice.ca/azita-fathi/. In the second half, they share some truly jaw-dropping mortgage stories, including a $150,000 mortgage penalty and a case of identity fraud uncovered when the client attempted to buy a home. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #realestateteam #ottawa Intro (0:00) Last BOC Rate Announcement coming this week (1:55) What does Kyle think about it (2:56) Kyle's Prediction (3:40) Sean's predictions on the real estate market (4:50) How some changes in the states that has led to a new system here for REALTORS® (5:22) Board amalgamation coming (7:10) The new system has limitations (8:26) What's the client impact of the new system? (11:15) Matrix vs Realm (14:45) The mortgage rules are continually changing (15:50) A shout out to Azita Fathi of PrimeService Insurance (17:40) Second half (20:23) The unbelievable story of a $150,000 penalty (21:17) Real estate agents and mortgage agents filling the gaps (27:35) A story about identity theft (28:42) Outro (32:05)

This week on the REAL Collective Podcast Sean and Kyle are discussing rent as credit: who gains, who loses? Kyle begins by discussing an article about the Federal plan to count rent payments toward credit scores. The discussion begins by highlighting the small group of tenants who may not benefit from this initiative and explores why some might oppose it. However, the hosts emphasize the positives, explaining how many tenants could use this as an alternative to building credit through loans and credit cards and use it as a path towards home ownership. Midway through, the conversation shifts to one of our trusted partners, PB Law. Co-founded by Puneet and Bonny, PB Law prioritizes your transaction, offering top-notch legal representation. To learn more about their services, visit: puneetbadhwar.com. In the second half, Sean and Kyle delve into refinancing options in today's mortgage market. They discuss how some homeowners with fixed-rate mortgages might benefit financially by breaking their terms to secure better rates, potentially increasing their net savings. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! Get Magic Mind at 50% off with the Black Friday offer, available only through our link until December 6th: https://www.magicmind.com/RCPBF To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #realestateteam #ottawa Intro (0:00) Discussing the Federal plan that would count rent toward a credit scores (1:15) There is no central repository for tenant's information (2:50) There's a balance to be struck (5:30) For a small section of the tenant population – this would be detrimental (6:00) The flip side (6:27) There are horror stories out there (8:50) Building credit through paying rent might be the next logical step (9:30) An agent on our team helping tenants – a neat strategy (12:00) Rules are written for the small number of the population (14:00) A shout out to PB Law (15:35) Refinancing - You don't need to wait until the end of your term to discuss options. (18:50) You might have a penalty to pay (23:00) The cost is absorbed in the savings (25:00) Focusing on what you are netting instead of what you are spending (25:09) Feelings can get in the way (26:50) Shoulda Woulda Coulda (28:00) So many reasons to be nimble (29:19) Outro (31:12)

This week on the REAL Collective Podcast, Sean and Kyle discuss why waiting for lower rates might cost you more and why it's crucial to take a holistic view when buying or selling a home. They break down why interest rates aren't the only factor to consider, emphasizing the importance of a comprehensive financial strategy. Instead of chasing minimal savings in the "race to the bottom," focusing on paying off debt and entering the market sooner can often lead to greater benefits. In the second half, they explore Ottawa's upcoming zoning changes, set to take effect in late 2025, and discuss how these adjustments aim to increase housing density and impact the local real estate landscape. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #realestateteam #ottawa Intro (0:00) Lower interest rates aren't the only factor (1:55) Two things that drive a successful mortgage application (4:38) The key is paying down debt (5:37) We get stuck into this race to the bottom (6:11) Spend a little bit more to get exactly what you want (6:49) Looking at the entire picture (7:42) Strategic approach to paying off debt (9:15) Taking the holistic approach (10:08) It's not about the rates, it's about whether you need to buy or sell (11:25) Value for time and sanity (13:35) Reclaim your brain with Magic Mind (14:50) More info on the zoning changes coming down the pipe (18:30) A real-life scenario (22:36) Our cities are going to change (25:12) Infrastructure development is happening (28:00) Outro (29:55)

This week on the REAL Collective Podcast, our hosts are discussing alternative lending & Ottawa zoning updates. In this episode, Sean and Kyle kick things off by discussing how to get started with alternative lending, including what it takes to put these types of deals together. They touch on how this approach can benefit self-employed individuals and the advantages of using debt consolidation. In the second half, Sean breaks down the latest zoning developments in Ottawa, covering changes from Bill 23 and new updates that are coming down the pipe. These are changes that will significantly impact city density and are essential for all Ottawa residents to understand. The episode also covers the current parking challenges the city is facing. Don't miss this episode full of insights that could influence your real estate decisions and strategy in Ottawa! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a chat with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #realestateteam #ottawa Intro (0:00) How to get started with an Alternative Lender (2:51) How does this affect my taxes? (4:20) The benefit from the market perspective (6:00) Average prices over the last 60 years (6:33) Time in the market is better than timing the market (7:55) Putting a deal together for someone who is self-employed (9:33) The value of paying off debt to help ratios (10:14) Most people are focused on their monthly obligations (12:13) Being honest with yourself (13:11) Looking at the whole picture (14:02) Having 20% down for Alternative Lending (14:58) Kyle's predictions (15:30) REAL Collective Marketing (17:20) Second half (18:09) Updates to zoning in Ottawa – increased density coming (18:30) A lot of NIMBYism happening (24:40) The city of Ottawa is building up not out (26:50) Land value is climbing (27:30) Where do you park your car with increased density? (27:52) Forcing people onto public transit (31:40) 32:35 (outro)

This week, our hosts are talking about the importance of trusting the experts and what you need to know in order to make an informed decision. They start by discussing the possible effects of the recent US presidential election on the real estate market in Canada, particularly in Ottawa. They discuss current interest rate trends, market volatility, and how these factors impact fixed rates. They also explore buyer sentiment and why pricing your property correctly from the start is essential—highlighting how overpriced listings can ultimately result in greater losses. The episode features compelling stories and real-life examples demonstrating why relying on industry experts is vital. They emphasize that a true professional will refer you to another specialist if it's outside their expertise. Plus, they break down why opting for the cheapest service isn't always the best choice, explaining the importance of asking questions to understand the value you might be sacrificing. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #magicmind #realestateteam #ottawa Intro (0:00) What effect does the presidential election have on the real estate market in Ottawa? (1:50) Fixed rates are going up right now (2:40) The Bank of Canada does not control fixed rates (3:20) Why it's a great time to be in a variable rate mortgage (4:17) What about buyer sentiment? (5:17) Behind the scenes buyer example (6:03) If you can afford to do it, do it, if you can't, don't (7:55) The value knowing the numbers (9:02) Why you want to be the first house to sell (10:13) Price right from the start (12:12) Sellers, look at the data (13:57) REAL Collective Marketing (15:34) Second half (16:05) Trusting the Experts - behind the scenes stories from the mortgage perspective (16:34) An unfortunate renovation story (21:26) It's ok to ask more questions (24:58) Being too price focused you lose the detail (25:38) Why “you get what you pay for” can ring true (27:38) Why you should trust the experts (30:04) Outro (31:09)

This week on the REAL Collective Podcast, our hosts are discussing understanding agency in real estate: what your REALTOR® owes you. They kick off the episode by defining agency and outlining the six key fiduciary duties your agent owes you, complete with examples to illustrate how these responsibilities benefit consumers. They also clarify the differences between designated agency and brokerage representation, discuss recent changes from the Trust in Real Estate Services Act, and touch on considerations for self-represented parties. Kyle shares insights from the National Mortgage Brokerage conference he just attended in Montreal. Our hosts also talk about their experience with the Magic Mind mental performance shot and challenge a listener who depends on energy drinks to give it a try! One lucky listener will win 15 free shots—if you're interested in this challenge, reach out to sean@realcollective.ca. This episode is jam packed with insights that you will not want to miss. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) What does Agency mean? Trust in Real Estate Services Act (2:30) Defined by 6 fiduciary responsibilities (3:19) Confidentiality (3:50) Accounting (6:30) Reasonable Care and Skill (7:16) Disclosure (8:24) Loyalty (8:58) Obey Directions (10:45) REAL is an acronym (11:24) National Mortgage Broker Conference in Montreal – update from Kyle (12:13) How are fixed rates priced? (14:04) The bottom line was...(15:40) The benefits of Magic Mind (16:30) Sean's challenge to a daily energy drinker – reach out to Sean! (18:00) Kyle's experience with Magic Mind (18:46) Back to Agency (20:43) Difference between designated agency and brokerage representation (21:20) Consumer has the right to choose to be self-represented (26:55) Mortgage Agent Perspective (30:58) 32:39 (Outro)

This week on the REAL Collective Podcast, Sean and Kyle discuss the Bank of Canada's recent rate drop and its real impact on consumers, cutting through the headlines to reveal who truly benefits. On October 23, 2024, the Bank of Canada reduced its key interest rate by 50 basis points to 3.75%. Sean and Kyle explain why this change will have an effect on those with variable-rate mortgages and why the broader benefits may be more modest than they appear. They discuss how the rate cut could offer a slight boost in buying power for some, yet caution that focusing too closely on these numbers might steer buyers and sellers away from smart real estate planning. For buyers, Sean explains why right now is a great time to buy and recommends moving forward with a long closing date and finding a deal, while advising sellers to avoid taking risks with pricing in today's market. They also highlight the importance of strategic preparation, helping listeners understand the numbers behind the headlines and make informed decisions. To wrap up, Kyle runs a live mortgage scenario, sharing straightforward ways to calculate how much mortgage you can afford. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #magicmind #realestateteam #ottawa Intro (0:00) Magic Mind (1:20) Big news – posted overnight rate dropped 50 basis points (2:00) Who does this affect? (3:12) The news pitches what they want you to hear (4:28) Potentially you get more buying power (7:10) There is a lag between the action and the effect (10:33) Strategies for buying now (10:50) Sellers - don't mess around with your price (11:27) What are realtors seeing a couple weeks after rate drops? (14:18) The importance of being prepared (15:37) REAL Collective Marketing (18:03) Second half (18:36) The importance of having a strategy session (19:20) Mortgage brokers get paid by the deal (21:15) For the self-employed, the next four months are important (22:00) Live run of a mortgage scenario with Kyle (23:28) Outro (29:55)

Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with our code: RCP20 Understanding Salespeople, Pricing, and Co-Signers are some of the topics discussed this week on the REAL Collective Podcast. Our hosts, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent), begin the conversation by exploring the 5 types of salespeople and what sets them apart. They dive into who the most successful agents are and why strategic pricing is crucial to achieving success. The discussion then shifts to co-signers, covering both the benefits and potential drawbacks, and why securing a co-signer can sometimes be more challenging than expected. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #realestate #magicmind #realestateteam #ottawa Intro (0:00) Quantum Leap Course – taking your business to the next level (2:20) 5 different types of salespeople (3:19) Who are the most successful? (5:30) It comes down to the conversation of pricing a home (8:15) A salesperson could be in multiple categories (9:20) A real-life pricing conversation (10:03) Kyle's client conversation (12:43) Anything over a million is harder to buy now with mortgage rule changes (14:39) What's smart move for buyers? (15:40) The benefits of Magic Mind (16:16) More on pricing strategies (19:10) All the great real estate shows (20:55) Co-signers – how does it work? (22:50) Sean's experience in the car business with co-signers (25:55) Kyle's experience with co-signers (27:22) Outro (30:21)

This week we're talking about tips and tricks for capital gains, mortgage rule updates and more! In S13E2 of the REAL Collective Podcast, Sean and Kyle kick things off with the latest updates on mortgage rules, exploring various scenarios and potential impacts. Next, they share practical tips on minimizing Capital Gains taxes while staying within legal guidelines. In the second half, they discuss recent shifts in Commission structures for REALTORS in the U.S. and how these changes are impacting the market. They also touch on commission practices in Canada, examining their effects on consumers, while delving into value propositions along the way. This episode is jam packed with insights that you will not want to miss. Keep it REAL Collective! *Get your Magic Mind here: https://www.magicmind.com/RCP20 You get 20% for one time purchase and up to 48% off for subscriptions with my code: RCP20 To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Latest Mortgages Changes (1:48) Changes to mortgages for adding an SDU (3:14) What could happen with these changes? (5:12) How much more is my house worth with an SDU? (7:05) Doing the math (10:22) A lot of good opportunities right now (11:28) Will this make housing more affordable? (11:42) Tricks to avoid capital gains (12:40) Where to be cautious (16:35) REAL Collective Marketing (18:32) Second half (19:05) Commission changes with NAR and how it affects you (19:25) How is commission structured in Canada? (20:23) Horror stories in the United States (21:35) How does commission work with Mortgage Brokers? (22:27) Value propositions – so much of it gets brought out through the process (25:23) Sean's value propositions (26:44) The importance of mitigating risk (28:48) Outro (32:03)

In S13E1, Sean and Kyle kick off the episode by reflecting on past market predictions and how they're now becoming a reality. They also discuss the return of seasonality in real estate, which is back after being disrupted by the pandemic. The conversation then shifts to the value of the “threading the needle” negotiation tactic, where they explain what it means and share real-world examples that showcase its effectiveness. They highlight how critical it is to stay sharp, knowing exactly what to say and the right questions to ask—underscoring the importance of working with knowledgeable professionals. To stay on top of their game, Sean and Kyle also share how the Magic Mind productivity shot, helps keep them focused, energized, and feeling great throughout the day. If you'd like to try Magic Mind For FREE, visit: https://www.magicmind.com/RCPTRIAL and use our code: RCPTRIAL Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #threadingtheneedle #realestate #negotiation Intro (0:00) What have we been seeing in the market that we had predicted (2:16) Seasonality is back (4:10) Sean's annual El Predicto (4:45) The smart buyer will buy now, and the rest will buy in the spring (6:15) Behind the scenes story (6:42) What is threading the needle? (8:40) What would Sean have done differently on the buyer side? (9:55) Kyle's view from the financing perspective (11:13) Every approval is conditional (16:55) The benefits of Magic Mind (17:40) Story Time – a threading the needle experience (19:38) The importance of working with a professional who is sharp as a tack (27:00) You couldn't mitigate the risks without being prepared (27:50) Magic Mind gives you the edge (28:40) Outro (29:02)

This week on the REAL Collective podcast, our hosts are discussing the shifting landscape of mortgages: what you need to know. In this episode, Sean and Kyle dive into the recently announced changes in mortgage lending. They break down adjustments to down payments and the stress test, which are creating more opportunities for buyers and increasing competition among lenders. They explore why now is a great time to buy and discuss the broader impact of real estate on the economy. You'll also hear valuable tips on how to protect yourself as both a consumer and a professional, along with some exciting success stories! Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa #mortgages #landscape Intro (0:00) What are the changes that are happening in the finance world? (2:34) What are the changes to downpayments? (3:00) Keep this all in perspective with some math (4:00) The cash flow game (5:12) Make sure to look at comparative numbers (6:20) Updates to the stress test (8:34) The effect on mentality (10:45) What a great opportunity for buyers (11:04) What is the perfect buyer right now? (11:44) The value of the stress test (13:12) Real estate's impact on our economy (14:20) REAL Collective Marketing (16:40) Second half (17:12) How do you protect yourself as a consumer or a realtor? (17:35) The importance of putting conversations with professionals in writing (18:23) Communication is a two-way street (20:05) Buildings that are flagged with asbestos (21:40) Ask the question the right way (24:35) Recent successes (25:35) Outro (30:54)

This week on the REAL Collective Podcast our hosts are discussing fall market tips for buyers & sellers + latest real estate news. They kick off the discussion by addressing a recent article claiming that banks are losing money, unpacking what's really happening and the recent fixed rate drops from major banks. They compare posted rates to discounted rates and explore the implications for consumers. Next, they shift focus to the fall market, highlighting what's currently selling and sharing insights on the strategies smart buyers and sellers are employing. The episode wraps up with industry buzz about a potential merger between the Ottawa real estate boards and neighboring boards, discussing how this could benefit consumers. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Recent articles saying banks are "bleeding money" (2:20) Big moves dropping fixed rates (2:55) There are deals to be had at banks, but what does the fine print say? (3:18) Squeezing the regular working people (6:00) Posted rates vs discounted rates – what's the effect? (9:59) The reality behind how many people break their mortgage terms (12:10) The Fall Market – what's selling right now? (13:30) People are still waiting for things to drop further (15:20) Sean's hot take on the market (16:30) REAL Collective Marketing (17:28) Second half (18:00) What to do in this market if you are buying and selling (18:40) Interest Rate Predictions (19:24) How to ride that wave down (20:43) The perfect storm – where are the opportunities? (22:49) Nobody has a crystal ball – most people aren't aiming to time the market (24:26) Everyone has to live somewhere (25:24) We're still mostly in a seller's market (27:43) Ottawa Real Estate Board – is there a merger in the works? (29:04) Would a merger be advantageous? (30:19) Outro (33:00)

This week on the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing solution-oriented strategies to set you up for success. They begin by revisiting their interest rate predictions from the previous episode, discussing the impact of recent changes, and breaking down key financial concepts. They also touch on how many people overlook interest rate decreases if they don't feel an immediate effect, noting that it might take multiple reductions before the public recognizes the downward trend and its influence on the market and prices. In the second half of the episode, Sean and Kyle share real-life examples of solution-oriented real estate in action, emphasizing the importance of working with professionals who understand your unique situation and are focused on finding the right solutions for you. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Kyle was correct with his interest rate predictions (2:00) Retail rate vs wholesale rate? (3:30) Solution oriented real estate, negotiations and mortgages (4:27) What Kyle is seeing on X (5:23) Ottawa is different than other cities (6:15) As the rates comes down – it's amazing how many don't pay attention to it (6:30) At some point the realization of lower rates will hit (7:20) What are savvy buyers doing? (8:17) Individuals and businesses are in tough spots right now (8:55) The pandemic's effect on consumer spending (12:30) Solution oriented real estate (14:37) REAL Collective Marketing (15:42) Second half (16:16) Sean's recent solution to a low price (16:45) Looking at the net effect (18:34) The importance of listing for the right price (20:00) What is solution oriented real estate about? (24:05) Kyle's first home buying experience (26:15) Solution-oriented real estate is all about understanding motivations (28:00) Setting up your clients for success (29:30) Outro (32:30)

This week on the REAL Collective Podcast, our hosts Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing fall real estate strategies for buyers and sellers. They kick off the episode with interest rate and market predictions, exploring the cyclical nature of real estate. Since most people can't perfectly time the market, the focus is on adopting the right strategies for the current conditions. Sean and Kyle delve into selling this fall, emphasizing the importance of accurate pricing and the risks of overpricing. For buyers, they explain why fall is a better time to purchase compared to winter, which presents more risks. Throughout the episode, they share real-life stories from the field that highlight these points. To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Interest rate and market predictions (2:21) Looking back at 2017 and 2018 (6:20) If you NEED to buy or sell, none of this matters (8:24) Buying or selling this fall (8:51) If you want to sell, it's so important to price right (9:16) The danger of reaching with your price – don't miss the fall market (10:05) The fall buyer pool (11:30) Make sure you do the math on what your bottom line is (12:00) Don't lose a house over 5K (13:30) REAL Collective Marketing (16:15) Second half (16:46) Why should you buy a home in the fall instead of the winter? (17:08) What types of listings are on the market? (19:30) Vacation mode is over (20:49) Market conditions can be an excuse to get out or get in (24:31) Pent up market (26:48) It's about having the best strategy for whatever market you're in (27:37) In the field stories (27:49) How can I protect myself rate wise? (30:19) Outro (33:04)

This week on the REAL Collective Podcast, Sean welcomes special guest Steve Tabrizi (COO, RE/MAX Hallmark) to discuss some external factors shaping today's real estate market. They begin by unpacking the current confusion and complexities in the market, discussing the roller coaster that 2024 has been and what might happen as interest rates drop further. They explore buyer sentiment and the speed at which prices can rise, along with other intricate aspects like the bond and stock markets and the influence of politics during election years. Steve also shares his predictions for the next 12 to 18 months and offers valuable advice for those considering buying, selling, or investing. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean today! Sean: https://calendly.com/seanrealcollective You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa Intro (0:00) Unpacking the confusion in the market (1:20) What has Steve been seeing in the market? (2:40) Why has this year been a roller coaster year? (4:00) What happens when the interest rate gets lowered further? (6:34) What are the smart buyers doing? (7:17) The benefits of buying in Ottawa (7:38) The holding pattern with some buyers (9:05) People think we haven't reached the bottom – but make sure you pay attention (9:58) The market can turn around so fast – don't be caught in that circumstance (10:40) Falling off the cliff in 2023 (11:50) The stock market momentum (12:10) The bond market (12:50) Market optimism (13:15) REAL Collective Marketing (14:46) The historical impacts of an election years (15:42) Immigration policies were mismanaged creating an unsustainable demand (18:00) Are we discouraging families to build wealth for their family? (22:11) What could the conservative approach be? (22:48) Most people tend to be centered in Canada (23:47) US Elections (24:38) Buyer confidence (25:34) Housing is currently at the forefront (27:10) Toronto has the worst traffic in the world (28:12) Advice if you are considering buying or selling in the next year (29:03) General advice for first time home buyers (30:12) We will have a robust rental market (31:00) Outro (32:03)

Our hosts are talking about the mystery of the conditional real estate sale this week on the REAL Collective Podcast. Have you ever wondered how to make an educated guess about a sale price based on market averages and days on the market? We've got you covered! Our hosts explore strategies to help you gain an advantage if a deal falls through. By engaging with the listing agent and teaming up with a knowledgeable real estate professional, you can transform a potential setback for the seller into a win-win opportunity for yourself. But that's not all—being prepared is key! We also delve into the financial aspects, breaking down what banks are looking for and the importance of having solution-based service providers in your corner. Whether you're a buyer, seller, or just curious about how these deals work, this episode is packed with valuable insights. Don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Guessing conditional prices based on the math based on averages (1:43) Talking to the listing agent (4:00) So what? What does mean to the consumer? (5:44) Jumping in as soon as conditions fall through (6:26) Some examples (6:40) Coming in under the wire with a savvy realtor (8:12) What can you potentially do when you see a home that is conditionally sold (9:12) The benefits of waiting in the weeds (10:35) Inferences, math and calling the listing agent (11:45) The ones that are prepared are the ones that win (13:38) Mortgage approvals are based on conditions (14:56) Real Collective Marketing (17:16) Second half (17:49) Should I buy or sell first? (18:13) The difference between appraisal vs financing conditions (20:57) What are the three things the bank is looking for? (22:46) The importance of working with a solution-oriented agent (27:15) 31:50 (Outro)

This week on the REAL Collective Podcast, Sean and Kyle are discussing how to buy real estate remotely. Our hosts explore the ins and outs and discuss how the summer market can present unique opportunities for remote buyers and why it's an ideal time to make a move. They discuss the essential steps for a smooth remote buying process, including preparation and organization. Additionally, we delve into the nuances of purchasing properties across provinces and internationally, sharing behind-the-scenes insights and real-life stories about remote real estate transactions and what's possible. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) How can you set yourself up for success when buying in the summer? (5:38) An example of summer buying – hours before a vacation! (6:07) The importance of being prepared when buying in the summer (7:05) Cottage renters dreaming of buying (9:15) The key is the preparation (10:50) When are the best times to buy? (11:07) There are opportunities in the summer months (11:55) The potential challenges of closing remotely (12:30) REAL Collective Marketing (15:00) Second half (15:32) Story time – a condo story (16:05) Potential issues when lining up cross provincial closings (22:40) Kyle's story with international clients (27:00) Outro (29:03)

This week on the REAL Collective Podcast, Sean and Kyle are discussing different strategies on how to build generational wealth with real estate. They explore the growing trend of gifted down payments and the challenges young people face in entering the market. Learn how you can support your kids without compromising your financial security, and discover various investment ideas and strategies. Plus, they share real-life success stories from clients who have implemented different tactics to achieve lucrative results. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro: (0:00) Building generational wealth (2:12) Gifted down payments (2:42) Why our system isn't set up to handle deals over 1M (3:55) The challenge of buying a property over 1M (5:28) Clients are coming with larger down payments (6:09) You can start early (6:55) There are different ways to gift (7:55) Wide array of ways to build wealth (9:13) Why real estate investing gives you an extra lift (9:57) Ride that wave up (11:42) A misconception (12:30) Rich vs Wealthy (14:44) REAL Collective Marketing (16:14) Second half (16:47) Story time with Kyle – from first time buyers to investors (17:40) An investor now in his ideal property (21:12) The benefit of taking equity out early and buying a rental home in your kid's names (22:30) Do you actually need to pay your rental property off? (24:05) Different visions of real estate success (24:45) An interesting and lucrative investing strategy (25:10) So many lucrative investment strategies out there (28:55) Outro (30:45)

Join our hosts, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent), as they discuss the recent interest rate announcement's impact on summer real estate in Ottawa. They dive into the episode by talking about current trends in the summer real estate market and share on-the-ground stories about the impact of the recent interest rate announcement. They explore the nuances behind summer pricing and the growing importance of seasonality in today's market. In the second half, they demystify the often-overlooked "this clause should survive and not merge" included in all offers, explaining what it means and how it can affect you when buying or selling a home. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) What is happening in the summer market? (1:38) What happens to prices in summertime? (7:35) How to time things properly? The second-best market is fall. (8:10) Seasonality really matters right now (9:12) Buyers are waiting for the bottom for interest rates (10:30) Story about a recent sale from Sean showing the impact of the rate change (11:00) The rate change is bringing confidence to the buyers that are already looking (15:25) Interest rates will come down, but not nearly as much as you want it to (15:42) Behind the scenes with an alternative deal (17:07) REAL Collective Marketing (19:00) Second half (19:40) “This clause should survive and not merge.” – what does it mean? (20:00) Best practice when taking possession of your new home. (25:01) What if the seller removes ‘survive and not merge'? (25:30) Another behind the scenes story (27:49) Deals are being made in good faith (28:55) Outro (31:50)

This week on the REAL Collective Podcast, our hosts are discussing what you need to know about power of sales. Join our hosts, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) as they delve into the essentials of power of sales, a topic every homeowner and buyer should understand. They kick things off by defining power of sales and differentiating between scenarios where you can't pay your mortgage versus having a property value lower than your mortgage balance. The discussion highlights the unique characteristics of the Ottawa market compared to the GTA and the significant differences in their respective mortgage landscapes. This insightful conversation aims to provide clarity and peace of mind. In the second half of the episode, the hosts share their predictions and analysis of the Bank of Canada's recent interest rate announcement on July 24th. Whether you're a homeowner, potential buyer, or just curious about the current market trends, this episode is packed with valuable information. Tune in for a comprehensive look at these critical topics! To watch July Market Update, visit: https://youtu.be/7JKMkrrMjBY To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) What is a Power of Sale? (1:15) Will there be many sales like these in Ottawa? (2:15) If you're upside down (mortgage higher than value) then it will not force a power of sale (5:22) If you are renewing your mortgage - rarely do individuals get re-assessed for their ability to pay (8:08) Big banks vs Private Lenders (9:40) The process is not fast (11:10) Likely won't be a local expert that sells the home (13:05) Foreclosure vs Power of Sale (14:25) REAL Collective Marketing (17:06) Second half (17:39) El Predicto for the July 24th interest rate announcement (18:12) The impact on buyer sentiment from the last interest rate drop (20:35) Buyers want to find out where the bottom is (21:45) How you could take advantage of the declining interest rates (22:50) Fixed rates don't drop (24:05) Variable Rate vs Adjustable Rate (25:20) Sean's prediction (28:08) Some interesting math (29:29) Outro (32:11)

Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing first steps for new realtors & mortgage agents and offering pro tips & advice this week on the REAL Collective Podcast. If you're beginning your real estate or mortgage career and don't know where to start, this episode is a must-listen! Join Kyle and Sean as they delve into their personal journeys, sharing the struggles and triumphs they experienced when starting out in these competitive fields. They discuss the unique challenges that come with establishing yourself as a realtor or mortgage agent and offer invaluable insights into what they wish they'd known at the beginning of their careers. Whether you're just starting or looking for tips to elevate your game, Kyle and Sean's candid stories and advice will provide the guidance and motivation you need to succeed. To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Tips for starting out as a realtor or mortgage agent (1:40) The importance of a CRM (2:33) Where Sean and Kyle originally met (3:35) Document your learning - SOP (6:00) Get your taxes in order, come in with a cushion (8:57) You've got to work all the time – how to make 100k/year (10:48) The value of working in a team at the start (12:15) REAL Collective Marketing (16:01) Second half (16:34) Struggles at the beginning – the difficulty of no experience (16:58) The hustle at the start (18:50) Finding the right people to give you the chance (20:30) Building your audience (21:40) The role the market plays in your business (23:06) It's a mental game (24:38) Humbling moments (26:24) Remember what you can or can't control (28:50) A funny story from Kyle (29:45) This is a relationship business (31:57) Outro (32:27)

This week Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing the benefits and drawbacks of first refusals. Our hosts begin the episode by diving into the difference between a conditional sale and a first refusal, exploring the minutiae and outlining the potential disadvantages for both sides. They discuss the importance of running the numbers and having fallback plans to ensure clients are fully prepared before committing to any situation. Sean and Kyle explain the mechanics of a first refusal, detailing how experienced realtors can strategically plan to benefit their clients. In the second half, they share fascinating real-life stories, highlighting the incredible scenarios and domino effects that a first refusal can have on multiple property purchases. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Behind the scenes – setting clients up for success, never skip a step in your process (1:20) First Refusals – what is it and the minutia involved (3:57) Disadvantages for the seller (5:43) Disadvantages for the buyer (6:36) The options from a financing perspective (7:09) The importance of running the numbers (9:14) The mechanics and timelines (10:00) How do you play it to benefit the buyer side vs the seller side (12:00) Using data to make decisions (13:33) Do the hard thing first (16:25) REAL Collective Marketing (17:46) Second half – story time (18:18) A private deal story without lawyers – a hidden first refusal (18:50) A first refusal story from Sean (21:35) Another story demonstrating the complexities that can come along with a first refusal (22:17) The importance of being prepared and coming up with multiple backup scenarios (27:16) Hit us up with your challenging scenario (29:45) Outro (31:00)

Join us this week on the REAL Collective Podcast as Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) explain how to set yourself up for real estate success. In this episode, our hosts kick things off by discussing common scenarios where buyers were unprepared and the headaches that can potentially follow scenarios like these. Kyle highlights critical red flags to watch out for to stay in the bank's good graces. Meanwhile, Sean emphasizes the importance of setting realistic price expectations for both buyers and sellers, and the crucial step of managing expectations before a home inspection. To top it off, Sean and Kyle share some captivating stories from the negotiation table, offering invaluable insights for anyone navigating the real estate market. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To learn more about REAL Collective Marketing and how it can benefit your business, visit: https://realcollectivemarketing.ca/ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) A few different scenarios where the client was not prepared (1:52) Avoid the red flags for your bank (4:02) Setup comes with experience (4:57) Necessary improvements do not impede the value of the house (7:40) Setting expectations for sellers and buyers (9:15) An example of a great setup (10:15) Buyer side expectations (12:36) The importance of knowing your own limitations (13:30) REAL Collective Marketing (16:22) Second half (16:55) Home inspection expectations (17:40) Understanding numbers and the products that are available (21:25) Always room for negotiations (23:40) Understanding what it all means (25:23) Checking the ego (27:00) A crazy bidding story from different angles (28:15) Outro (32:06)

This week, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) tackle the sensitive topic of selling your home during a separation. They start with proactive tips to minimize disagreements while selling a matrimonial home amid a separation or divorce. Kyle highlights the significance of a separation agreement and explains why banks require this document to proceed with a purchase or sale. The discussion also covers essential numbers—Sean and Kyle emphasize the need for a professional appraisal to determine your home's value, as this unbiased opinion is what banks accept. Tune in as they share recent behind-the-scenes stories with varied outcomes. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! **Magic Mind Offer** Enjoy our limited time offer you can use now, that gets you up to 48% off your first subscription or 20% off one time purchases with code COLLECTIVE20 at checkout. You can claim it at: https://www.magicmind.com/collective To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Selling a matrimonial home while going through a separation (1:47) Three main motivators to moving for both upsizing and downsizing (2:18) Tip – write co-habitation agreements and expectations while you love each other (3:33) Kyle's first question – do you have a separation agreement? (5:05) Sean's recent experience with a unique client's separation (6:40) Another amicable separation (7:48) A circumstance that wasn't amicable – buying a secondary house together (8:14) Equality vs Equity (10:00) It comes down to he numbers for the bank (12:00) Staying at the top of our game with Magic Mind (12:55) The benefit of a professional appraisal (16:35) Why the bank won't let you use a REALTOR's number on value (18:00) Buying the other party out – the issue of different agendas (19:40) The importance of letting go (20:30) The financing perspective (21:18) Make sure you can get along the professionals helping you through your process (25:00) Sean's top tips (26:34) The power of counselling (28:30) Ways to protect yourself in case of the “what if” (29:30)

Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are chatting about the steps to selling a tenanted property this week. The episode begins with our hosts delving into the financial aspects of selling a tenant-occupied home. Kyle highlights common issues that buyers and sellers might face and what they should expect during the process. They then explore the legalities of selling a tenanted property, detailing the necessary steps to ensure everything is done lawfully. The conversation shifts to renovating a tenanted property, noting that the tenant must be offered the property back at the same rent once renovations are complete. In the second half, Sean and Kyle share behind-the-scenes horror stories as well as heartwarming tales from their personal experiences with these types of sales. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! **Magic Mind Offer** Enjoy our limited time offer you can use now, that gets you up to 48% off your first subscription or 20% off one time purchases with code COLLECTIVE20 at checkout. You can claim it at: https://www.magicmind.com/collective To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Selling tenanted properties – what are the rules? (2:15) The financing side (2:50) What if you have less than 20% down but the property is currently tenant occupied. (3:30) If you have 20% or more down (4:28) If the tenant will stay vs the new owner wanting to move in (5:20) Make sure you speak to a legal expert (5:45) How to legally displace a tenant for the benefit of the new owner who is intending to occupy the home (6:17) You cannot evict a tenant because you are planning on selling (7:59) What if you are renovating a tenanted property? (8:28) The steps involved (11:15) The tenant might not leave, what happens then? (13:28) Kyle and Sean's current Magic Mind experience (14:15) Story time – Kyle's ongoing story on a tenanted property sale (18:13) Another one from Kyle (21:11) Sean has two tenanted properties for sale right now (23:22) Why tenanted properties are harder to sell (24:40) If you are selling a tenanted property, hire a realtor who understands the rules (30:35) The importance of the tenant/landlord relationship (31:17) Being kind vs being nice (33:20) Outro (34:20)

What does the recent rate announcement mean for you? Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing the details! Our hosts dive into the recent Bank of Canada interest rate announcement, exploring its implications for various individual scenarios. They examine how GDP figures influenced the decision, leading to a quarter-point rate drop. The conversation also touches on the diverse opinions circulating among industry experts—who is really getting it right? In the second half, we switch gears to share some intriguing stories from the field that you won't want to miss! If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! **Magic Mind Offer** Enjoy our limited time offer you can use now, that gets you up to 48% off your first subscription or 20% off one time purchases with code COLLECTIVE20 at checkout. You can claim it at: https://www.magicmind.com/collective To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa #mortgagefinancing Intro (0:00) Latest rate announcement – what does this mean for your scenario? (2:06) How the GDP affected the Bank of Canada's decision (4:23) Canada is slated to lead the way in rate cuts over the next 3 years (5:38) Different messaging going on – who is right? (7:14) Understanding the numbers (9:50) The effect of the rates going down in the market (11:30) The mental clarity that comes with Magic Mind (14:08) In the field stories – Sean's Condo Seller Client (17:10) A huge number of mortgages coming due in 2025/2026 (20:20) Sean's incredible recent buyer story (24:13) Outro (30:35)

How to price your home properly in the summer market is what Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing in S11E10! Our hosts kick off the episode with an overview of the current Ottawa real estate market, emphasizing why pricing is crucial when selling your home today. They discuss the importance of being the best deal available and how proactive price monitoring can help you secure the best possible price for your home. They highlight the typical 5% price difference from spring to summer and stress the importance of not relying on spring pricing as you enter the summer market, which could leave your home sitting unsold. Next, our hosts share how Magic Mind has been working for them, detailing its positive impact on their work and home life. Check out our limited time offer below! In the second half, we delve into interest rate predictions, explaining which rates the Bank of Canada controls and which it doesn't (variable vs fixed). Then, it's story time, where our hosts share real-life scenarios happening right now and the expert strategies being used to navigate them! If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! **Magic Mind Offer** Enjoy our limited time offer you can use now, that gets you up to 48% off your first subscription or 20% off one time purchases with code COLLECTIVE20 at checkout. You can claim it at: https://www.magicmind.com/collective To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa #homepricing Intro (0:00) Current Sales Activity (1:55) Every price point has its market (3:15) You want to be the best deal going (3:57) Two different properties, same price, different sagas (4:28) If you're not getting the looks, it's because you're not the best deal going (7:15) The 3 P's vs the 5 P's of Real Estate (7:57) Promoting (8:17) Pro-actively price watching (8:36) Spring to Summer usually means a 5% price swing (9:34) Understanding your price range (9:58) A review on a Magic Mind (12:19) Interest rate predictions (15:48) Remember the BOC only controls the variable rate (17:20) We'd be lucky to go down a quarter point (18:29) Buyers on the sidelines (18:58) What's the best move for buyers? (19:30) The highest average sale price in 2023 vs 2024 (19:51) It's about buying power (20:50) Kyle's unique mortgage story, there's always a solution (22:46) Two different deal scenarios for Sean to stick handle (25:48) Another deal scenario with Kyle and an 18-month closing (30:30) Outro (33:00)

This week our hosts Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing how home buyers can avoid confusion and get into confidence. Our hosts dive into the episode by explaining phenomenon of information overload and provide tips on how consumers can avoid feeling overwhelmed. They explore the inverse correlation between interest rates and home prices, clarifying what a drop in interest rates truly means for consumers in today's market. Our hosts move on to emphasize the significance of focusing on regional information rather than relying solely on national data often highlighted in the news, and they discuss common buyer fears and shed light on why investing in real estate is one of the best ways to exponentially grow your wealth. Sean and Kyle also speak about their unique personal experiences with the mental performance shot Magic Mind and the incredible offer that our listeners receive. **Details below! If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! **Magic Mind Offer** Enjoy our limited time offer you can use now, that gets you up to 48% off your first subscription or 20% off one time purchases with code COLLECTIVE20 at checkout. You can claim it at: https://www.magicmind.com/collective If you would like to watch the Warren G - Regulate (Official Music Video) ft. Nate Dogg discussed in this episode, visit: https://youtu.be/1plPyJdXKIY?si=xK5Ar1PGEjpi0cOn To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) What is Kyle seeing in the market this week? (2:10) Information overload? (2:40) Same house, Same payment (5:00) Consumers want to see prices and interest rates come down – but both won't happen (6:55) 10-80-10 Principle (9:40) Sean and Kyle's recent experiences with Magic Mind (10:28) Home ownership mentality is changing (13:30) If you want to own a home - get out of confusion and into confidence (14:40) We need to move our focus to a more regional approach (15:07) Regulations are also more difficult because the focus tends to be on the GTA and Vancouver (16:18) Ottawa is still the least expensive capital city (18:00) Regulate by Warren G ft. Nate Dogg (18:29) How can buyers become more confident? (19:35) The fear that buyers have (22:33) Being insulated over time (23:20) The inverse correlation between interest rates and home prices (26:52) Do you believe in real estate? (30:00) Why real estate is the best way to exponentially increase your wealth (30:30) How real estate is a mindset (32:13) Outro (34:42)

This week on the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) discuss recent changes to Ottawa's development fees on new homes. They explain how these fees can impact those purchasing new homes, and what you can do to avoid an unexpected increase to the purchase price of your home at closing. In the second half they get into story time. Kyle shares details on a recent refinancing deal in which he saved his client $897/month in cash flow. Sean shares a story about a recent waterfront property that his team sold and how an appraisal can be a powerful tool when determining property value. If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) City of Ottawa – Changes Development Fees for New Homes (4:49) A look at the million-dollar house – the cost of development (6:55) The By-law stops May 22nd – development fees are increasing (11:26) Builder APS – review to see if there is a cap on Development Fees. (12:10) What about affordability? (13:00) The complexity of the system (14:20) How do you marry a capitalist and socialist philosophy? (15:55) REAL Collective Marketing (17:55) Second half (18:28) Big win for Kyle's client - $897 a month savings in cash flow! (18:48) The question is – can I live without it? (22:07) Client bought a new build house last week – no cap on dev fees (24:16) Listing story about a waterfront acreage we recently sold (24:38) The power of an appraisal (27:06) Outro (30:05)

This week on the REAL Collective Podcast, Sean Tasse (Broker), and Kyle Miller (Mortgage Agent) discuss the benefits of hiring local when it comes to a real estate agent, or a mortgage professional. Our hosts share some horror stories and examples where hiring a local professional would have resulted in a better outcome for the client and discuss what to consider when hiring a professional! If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Benefit of hiring a local professional (2:35) The intricacies of representing both sides (4:40) Continuing with topic at hand (11:15) The issue of a Toronto agent promoting Richmond as a suburb of Ottawa (13:09) Being honest about where your expertise lies (16:25) REAL Collective Marketing (17:38) Second half (18:11) The importance of hiring a professional local mortgage agent (18:32) Move your ego out of the way and do what's best for your clients (21:00) Story about a sale in Sean's neighbourhood – east end pricing applied to west end property – was it ultimately under priced? (23:05) What about the data? (27:00) Another story on the opposite spectrum of value – ultimately overpriced? Outro (32:55)

This week our hosts delve into market trends for buyers in today's market. Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) begin the episode by discussing a recent chart on the current housing supply deficit in Canada. (Click here to view the chart: https://drive.google.com/file/d/1baufQ4tYgr_2SR6Pt9JzGxRg8wJMY-7a/view?usp=sharing) This is the ratio of growth in working-age population to housing starts in Canada. Although the government has recently been focusing on building more homes faster, in Q1 of 2024, this number hit a new record. What does this mean for buyers in Canada, and what will happen with the pent up demand? Our hosts discuss! In the second half Sean and Kyle share some recent behind the scenes stories to highlight what's currently happening in the market for buyers and investors. The market is picking up and multiple offers are common-place for well priced properties. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa #buyers #investors Intro (0:00) Housing Supply Ratio - Number of housing starts vs number of working age people in Canada (2:25) Q1 has hit the highest number ever (4:24) What will happen when buyers leave the sidelines? (6:35) Getting stuck on the optics and stories (8:13) Big-time pent-up demand (9:20) Is it more important to look good or own your home? (12:44) The impact of Supply vs Demand (15:10) Is there an increasing investor market? (15:30) New by-law against reno-victions being discussed (16:05) Why nobody's winning right now (17:50) REAL Collective Marketing (18:50) Second half (19:25) Behind the scenes (19:55) Sean's investor client story (20:11) An investment deal that may not be right for one client, may be right for another (25:42) A couple more deals behind the scenes (31:04) Things are picking up in the market (32:50) The cream of the crop buyers are coming out (33:30) Multiple offers are coming in and they are competitive (34:40) Outro (35:45)

We're getting political on S11E4 of the REAL Collective Podcast. Sean and Kyle begin the episode talking about some changes for first time home buyers. If you are buying for the first time and it's a new build, you will be able to get a 30 year insured mortgage. Our hosts explain how the application of this rule to a resale property could lead to a domino effect. They move on to explain the changes to Capital Gains Taxes and talk about the issues with the current system. They are concerned that it is turning many of us into a me vs we mentality when all we really want to be are good neighbours and friends. This holistic look at the latest political landscape and how it applies to real estate in Canada is an important watch. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To watch the video that Sean mentions regarding the NAR Settlement "Is The End Of Buyer Representation Near?" with Steve Tabrizi and David Dunbar, visit: https://www.youtube.com/live/uJRhlDxucUI?si=tORZwgj4CSgRZibQ To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Getting a little bit political (1:53) What's happening this week in Canadian Politics (3:20) First time buyers can now get a 30-year insured mortgage on a new build (3:45) Why allowing first time homebuyers have a 30 year amortization on resale could have a domino effect (8:10) New governmental regulations with Capital Gains Taxes (10:09) How to pay off your mortgage in 11 years (12:42) The problem isn't the legislation, the problem is that there aren't enough houses (15:40) It's all top down – more discussion needed with those in the field (16:50) REAL Collective Marketing (17:50) Second Half (18:23) Why the recent NAR vs DOJ ruling in the US most likely won't affect real estate in Canada (18:45) More homes built faster – the issues (20:00) A nationally funded rent to own program (22:54) Is the middle class disappearing? (26:09) We're getting forced into a situation of me vs we (26:57) We all want to be a good neighbour and a good friend (29:00) A happy client story (30:18) The system is not the same as it used to be (31:00) Sean's neighbourhood baseball tournament (32:00) Outro (33:56)

Hot updates & hilarious tales! this week on S11E3 of the REAL Collective Podcast. Our hosts, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) begin the episode with some updates from the real estate and mortgage worlds. The recent decision by the Bank of Canada to hold rates stable, along with an explanation on when you should lock in your fixed rates and why. They also discuss the "Cutting Red Tape to Build More Homes Act, 2024" and explain why adoption could be weak and slow throughout the various industries associated with real estate in Canada. In the second half Kyle shares a private lending story and explains some of the extra costs and caveats that could come along with these deals. Sean shares a couple of stories in the field, and at the end of this episode you may find yourself splitting a gut. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #realcollective #podcast #ottawa Intro (0:00) Real Estate and Mortgage World Updates Recent BOC Announcement (1:27) When should you lock in your fixed rate? (3:10) Cutting Red Tape to Build More Homes Act, 2024 (5:58) Why adoption may be weak (7:23) 30-year amortization for first time buyers for new builds (10:43) How does this affect buying power? (12:20) New RRSP updates for first time home buyers (12:40) Doing the math of buying vs renting (13:38) REAL Collective Marketing (16:23) Second half (16:55) Kyle private lending story – make sure you read the fine print! (17:27) Sean's personal blanket mortgage story (20:00) Kyle's personal story about his parent's mortgage (20:30) Sean's story about showing the house across the street (21:06) Sean's very first showing preview – it's a doozy (27:39)

This week Sean Tasse (Broker), and Kyle Miller (Mortgage Agent) are talking about closing dates, bridge financing, & a crazy new home builder deal! Our hosts kick off the episode discussing the basics about closing dates and then get into some tips that you may not have considered. They talk about what scenarios to avoid, which dates and times to avoid, and the importance of actually being present and in town when your property closes. They also dig into some important information about bridge financing. In the second half, Sean shares a steal of a deal he helped negotiate for his client who had their eyes set on a brand new home. The home builder was already offering a great deal, but Sean saw the opportunity to negotiate further after looking at the market numbers and navigated his client through the process, snatching up the best deal possible. If you're looking for a deal like this one - be sure to reach out to Sean Tasse (sean@realcollective.ca) to learn more. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To watch the April Fools prank that Rose played on Sean (as discussed), visit: https://youtube.com/shorts/RguC71mPAWY To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #ottawa #realestate #podcast #realcollective #deal #bridge #financing #closing #dates Intro (0:00) We're talking about closing dates (1:33) What does “closing” mean and some tips (2:08) What is bridge financing? (3:50) Buying homes for cash (5:45) More about bridge financing – the grey areas and possible solutions (7:20) What to avoid when it comes to closing dates (9:04) The importance of being present for closing (10:27) REAL Collective Marketing (15:15) Second half (15:50) A brand new build for 25% off the posted price! (17:20) The market's the market (22:18) The difference when you are buying new (23:40) Some banks park an approval which can be beneficial (25:25) Sometimes the timing is ideal (26:57) The Edge Report (27:57) Outro (31:55)

Could a recent US settlement have an effect on Canadian real estate? In this episode of the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) break down the possibilities. In the first half Sean and Kyle briefly discuss a tale of two markets (those that are priced right versus those that are overpriced). They then move on to the recent landmark settlement that was announced last month and how similar cases are happening here in Canada with the Toronto Real Estate Board. They explain the crux of the issue (the Competition Act and Commissions) specifically buyer's side commissions. They talk about what could happen down the line and how this could be difficult with the current mortgage structure here in Canada. In the second half our hosts discuss three hot money topics that have been in the news recently. 1. Bare Trust and the CRA 2. A Renter's Bill of Rights 3. OSFI looking to put a limit on loan to income ratio If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages #ottawa #realestate #podcast #realcollective Intro (0:00) If it's priced right, it'll sell (1:10) A tale of two markets (2:35) What we're talking about this week (4:09) Lawsuit being filed against the Toronto Real Estate Board (5:11) This is all coming to a head in the US – what does that mean? (7:00) What does that mean to the buyer's agent? (7:45) Why would this extra cost be difficult to roll into a Canadian Mortgage? (8:11) Discount buyer agents (10:44) Explaining value propositions now with TRESA (13:45) The dangers of oversimplifying the buying and selling process (14:08) Real Estate is a long-standing profession (16:26) REAL Collective Marketing (17:45) Second half (18:28) Three hot money topics 1. Bare Trust and the CRA (18:48) 2. Renter's Bill of Rights (23:37) 3. OSFI looking at putting a limit on loan to income ratio (30:17) Outro (34:00)

This week, our hosts are discussing ways to protect your home: don't let It get sold out from under you! In the first half Sean and Kyle discuss the spring market, along with some some pros and cons to mortgage programs that offer better rates in exchange for less flexibility. Kyle points out why it is so important to work with a mortgage professional that explains the small print in these types of scenarios. He moves on to discuss that the big banks have both posted rates and discounted rates that are available to consumers. In the second half our hosts chat about ways to protect yourself from your home getting sold out from under you. They talk about spousal consent and some of the intricacies involved with separating from a spouse. Fraud is also a topic of conversation, and the best ways to protect yourself. They explains some worse case scenarios and how you can avoid them. Sean also explains some FINTRAC requirements for real estate agents and how this can help protect the consumer from fraud. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #ottawa #realestate #podcast #realcollective Intro (0:00) The Spring market is here (1:22) A mortgage program where you can buy now and get a better rate – advantages and disadvantages (2:35) Big banks have 2 rates - the posted rate and discounted rate (5:55) Flexibility vs Cost with mortgages (9:01) Don't let someone sell your house from under you (11:40) REAL Collective Marketing (14:00) Second half (14:30) Selling a matrimonial home and spousal consent (14:58) Difficult to get a mortgage without a separation agreement (18:36) How title insurance can protect you (21:45) Chicago title (25:45) FINTRAC (28:25) Outro (31:49)

Is Bill 23 a Game-Changer for Investors? In S10E12 of the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are explaining what Bill 23 "The More Homes Built Faster Act" is all about, defining some key concepts, and digging into the pros and cons. They discuss how this could be tremendously lucrative for investors with the right approach. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To watch S7E5 "Wealth Building Secrets" with Christina Pentlichuk & Stef Edwards all about Cash Damming and the Smith Maneuver, visit: https://youtu.be/2yzIwjiQNcI To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #realestate #canada Intro (0:00) Well priced properties are selling quickly (2:24) Buyers seem to be coming off the sidelines (4:50) Average days on market (6:00) Listing strategies based on individual needs (6:50) We're talking about Bill 23 (8:10) Cash Damming and the Smith Maneuver (9:20) Bill 23 Explained (10:07) What are investors looking for now with this bill? (11:30) ADU and SDU defined (12:55) The cash flow benefits (13:45) City of Ottawa is going up instead of wide (14:05) Kyle's story on mentality with home resale (15:20) REAL Collective Marketing (17:30) Second half (18:06) Bill 23 from a financial perspective (18:40) Why doesn't the bank use the income approach to value property? (23:20) 3 Ways to Value a Property (23:45) The bank's perspective is usually ‘you're going to fail' (24:22) Issues with bank appraisals in the past for SDUs (25:10) There will be pros and cons (28:50) Outro (30:10)

We're talking about some hot topics: BOC, Home Buyer Incentive Cancelled, Property Taxes and some predatory lending practices. Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) kick off S10E11 with a Bank of Canada update and discussion on the latest announcement to hold the rate steady. Kyle discusses what this means to those looking to buy or invest right now and our hosts talk about what could be coming down the pipe. They move on to talk about Canada's first-time homebuyer incentive program cancellation by the CMHC. In the second half our hosts break down what's going to be coming up with property taxes in Ottawa. They explain how the re-assessment costs will be phased in for homeowners and how the mill rate is determined. Sean also speaks about his personal experience with a city appraiser. Next they dive into a recent news article involving predatory lending practices. They point out what to watch out for and how schemes like this work typically and how to avoid them. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #realestate #canada Intro (0:00) March 6 BOC announcement (2:36) What's interesting about these announcements (3:14) Speculation on what's coming by the end of the year (4:35) The importance of doing the math (6:24) Are most people doing fixed rate mortgages? (8:41) Riding the variable rates down? (10:20) Overnight rate does not mean fixed rates (11:25) As fixed rates drop, your penalty increases (12:03) CMHC: First-time homebuyer incentive program discontinued (12:45) Real Collective Marketing Promo (17:40) Second Half (18:29) Property taxes are about to be re-assessed with MPAC (19:30) An example of phasing it in (20:10) About the mill rate for the city of Ottawa (21:00) Sean's experience with a city appraiser (25:16) Predatory Lending article – a house of cards (26:12) Relicensing program for Mortgage Agents (30:03) Outro (33:56)

This week on the REAL Collective Podcast, our hosts are discussing spring market trends and behind the scenes in the Ottawa Real Estate market. First, Sean and Kyle discuss what's happening with the spring market, what they foresee and what's happening with inventory compared to previous years. They discuss many of the important factors that can have an impact on the Ottawa real estate market and the fact that the market could be split into two categories. Those that are priced right - and those that are overpriced and remain unsold. In the second half both Sean and Kyle talk about some recent stories in the field that have some valuable lessons attached. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect To watch the listing video that Sean mentions, visit: https://youtu.be/1KdTYkihZQs (This one went quick and is now sold!) You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #realestate #canada What are we seeing in the market right now? (1:18) Mortgage update from Kyle (1:45) The factors at play in the market: (3:37) Two markets that are happening: (4:45) Price your property properly and it's going to pop: (5:11) Fixed rates started to drip down: (6:15) Everything's pointing in a particular direction – a perfect storm: (6:50) Acceptance of the rates – is it affordable for you? (9:00) The value of a stable market and keeping the dynamics for buyers and sellers in harmony: (10:30) A recent mortgage scenario: (13:00) Double the rate does not mean double the payment: (14:35) Half Time: (16:00) Story Time: (17:10) A mortgage story from Kyle – an update from a previous week: (17:38) It can be tough to get back in the market after you leave: (19:45) A story from Sean about encouraging clients to remain in their home (22:57) Kyle's story with an emphasis on the importance of having a plan: (24:30) Why you shouldn't go on vacation around closing time! (26:45) Lawyers have a different role than real estate agents: (29:35) Outro (34:00)

In S10E9 of the REAL Collective Podcast, Sean and Kyle are discussing different types of property ownership and the intricacies that go along with each one. In the first half Kyle gives an update on the latest mortgage landscape and some key strategies. He stresses the importance of avoiding the "should" trap and encourages his clients to pick an option that works best for their personal scenario. In the second half Sean digs into the differences between three different types of property ownership, condos, freehold with a common elements agreement and a parcel of tied land. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #realestate #canada #propertyownership An update on the fixed rate market: (1:46) What's the mortgage move if you are considering buying a home? (3:05) Variable rates may not be for everyone: (6:30) Don't get caught in the “should” trap: (7:05) Variable may still not have been the worst idea the last couple of years: (8:00) The ideal situation doesn't exist: (12:04) Finishing up Sean's story from last week: (13:50) Jumping through hoops for the bank: (15:20) Half time: (19:13) Overcoming lack of knowledge: (20:24) 3 different types of ownership: (21:00) Condo: (21:13) Freehold with common elements agreement: (22:13) Parcel of Tied Land: (24:26) Mobile homes and leased land: (29:30) Outro: (31:10)

In S10E8 of the REAL Collective Podcast, Sean and Kyle discuss essential estate planning for real estate and different scenarios that are possible when buying or selling a home. They start the episode off with a bit of story time to give listeners the latest scoop on some behind the scenes real estate stick handling discussed in the last episode. They discuss interest rate predictions and the insulation of federal money. In the second half they give listeners solid advice and explain some of the essentials when it comes to estate planning such as a will and life insurance. They explain the difference between joint tenancy and tenants in common and define probate. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #realestate #canada #estateplanning Intro (0:00) Finishing a story from last week – a complex story (1:30) The infinite dominos (3:55) When should you be locking in rates? (4:38) Keep real estate on your brain (7:30) Rebooking interest rates for clients (8:00) The intricacies of shopping rates (9:00) Interest Rate Predictions (10:15) The stronger the economy the longer they will hold the rates (11:30) The insulation of federal money (12:10) Half Time (13:30) Second Half (14:25) Why you need a will (14:44) Don't forget life and disability insurance (16:20) Many policies provided by employers are not enough (18:05) Selling a Home - Executors and Power of Attorneys (21:40) What's the difference between joint tenancy and tenants in common? (22:23) What is a probate period? (24:15) Insurance coverage (25:50) Life events are motivators to buy or sell (28:50) Why planning is important (30:00) Outro (31:40)

On S10E7 of the REAL Collective Podcast, Sean and Kyle are discussing some real life real estate stories and stick handling. Sean and Kyle begin by chatting about the current market conditions and some of the deals that are happening. A real life story on negotiation unfolds and they discuss some some negotiation tips and tricks. At half time Sean brings up his personal experience with  @magicmindYT  and how it's a benefit to him. Visit https://www.magicmind.com/realcollective and use the code REALCOLLECTIVE20 to take advantage of the REAL Collective discount. In the second half Sean and Kyle discuss some of the numbers for the Ottawa real estate market and the factors that are currently making an impact. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect To watch our 2024 El Predicto, visit: https://youtu.be/LGK_PTaqs_E You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #magicmind #realestate #canada Intro (0:00) February is looking like April (1:23) This warmer weather is leading to a real estate market that is heating up (4:00) There are deals to be had (5:57) Purchase Plus Improvements + Construction Mortgages (7:10) You usually have to compromise on something (10:15) Condo story on negotiation (12:00) Detaching yourself from the deal helps in negotiation – the power move (18:00) Sean talks about the Magic Mind (19:30) Busy Start to the Year and the El Predicto (23:00) January 2024 market almost matched January 2018 (25:30) Typical Growth in Ottawa (26:40) There are many factors that will be impacting the market both ways (27:12) Outro (32:20)

In S10E6, Sean and Kyle discuss why plan B is crucial: unbelievable true stories and define some key real estate concepts that are commonly misunderstood. First our hosts dig into the difference between a conditional sale and first refusal. Sean then talks about an ongoing real-life scenario with many twists and turns that clearly shows the importance of having a plan B (and maybe a C and D too). He points out why understanding the nuances of the offer for the benefit of your client has a huge impact on the outcome. Kyle also discusses a recent financing story that involves many different strategies that had to be played out in order to be prepared for the worst case scenario. At half-time Kyle talks about his word for 2024 - consistency and how he's doing with sticking to his goals. He's been doing great with his morning routines and is really feeling the benefit of  @magicmindYT . ⭐To take advantage of the REAL Collective discount visit: https://www.magicmind.com/realcollective and use the discount code: REALCOLLECTIVE20⭐ In the second half we finish off with another story and some important information about pricing strategies. If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #magicmind #realestate #canada Intro (0:00) Plan B – what does that mean in real estate? (2:05) The difference between a conditional sale and a first refusal (2:34) An unbelievable real-life scenario requiring a plan B (4:06) The financing viewpoint (8:00) The story gets even better – talking about a plan B, C and D (10:20) Some serious stick handling - knowing the benefits and drawbacks for different scenarios (15:16) Kyle's recent plan B financing story (16:20) Kyle's word for 2024 – CONSISTENCY- and how he's doing with his morning routine with Magic Mind (20:30) Listing a home at a price higher than fair market value (24:05) Useful HIP Tracker (Home Price Index) based on the year (25:05) Another real-life story – interesting where people are spending their money (27:25) There are always ways to work better scenarios into the offer (29:35) Outro (32:00)

This week on the REAL Collective Podcast, Sean and Kyle are talking about navigating post-closing real estate challenges and discussing the difference between hold backs and credits. Our hosts start off brief discussion about the current state of the market and the re-emergence of multiple offer scenarios. Sean discusses pricing strategies and how it is never one size fits all. He also explains why it's important to discuss the pros and cons of each pricing strategy with your client. Next, Sean defines hold backs and credits on the statement of adjustments and Kyle comes in to explain why banks don't like either scenario, and how it can affect your real estate deal. They also dive into some real life stories of negotiation and strategy in both the real estate and financing fields. Kyle also chimes in with his personal experience with Magic Mind "The World's First Productivity Shot" and how it has been a benefit to him with his extremely early mornings (4:30am!) To take advantage of the REAL Collective Offer that has been extended to February 10th, visit: https://magicmind.com/JANrealcollective and use the discount code REALCOLLECTIVE20 If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective! To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/ Are you buying or selling? Book a meeting with Sean or Kyle today! Sean: https://calendly.com/seanrealcollective Kyle: https://calendly.com/kmmortgage/phone-connect Magic Mind Discount Offer (extended to Feb 10): https://magicmind.com/JANrealcollective Use the discount code REALCOLLECTIVE20 You can also follow us here: Instagram: https://www.instagram.com/real.collective.inc Facebook: https://www.facebook.com/realcollective.ca TikTok: https://www.tiktok.com/@realcollective LinkedIn: https://www.linkedin.com/company/real-collective-inc Website: https://www.realcollective.ca #realcollective #podcast #ottawa #magicmind #realestate #canada Intro (0:00) Spring Market is in the air (1:16) Multiple Offers in the air (1:48) More about strategies that make sense (3:22) Post closing issues - holdback vs a credit on the statement of adjustments (5:30) The bank's view on holdbacks & credits (8:15) Real life negotiation with Sean during the conditional period (10:15) When Mortgage Agents are educating real estate agents (15:10) Half Time with Sponsor Magic Mind (16:30) Second Half (19:03) A financing story - the power of restructuring the deal properly (19:45) A conditional sale story, the importance of qualifying questions and why cars kill deals (24:28) Why the term pre-approved does not mean the deal is approved (29:22) You can't oversimplify the process: Ruling in the US (30:52) Mortgage math can be disappointing (33:00) Outro (33:45)