compliments of vivian gelesz & stafford...

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VOLUME 2, ISSUE 5 www.jumptools.com Capturing Our Moving Market A s the 2020 real estate market continues to adjust to unprecedented worldwide events, life goes on, as people will always have an endless list of reasons to move. Are you thinking of selling? Together, we’ll review the latest updates to home selling policies due to COVID-19 virus concerns, and ensure you’re comfortable with the changes from in-person operations to virtual alternatives, including exciting new “open house” video tour options. We’ll discuss how the market has changed in your area, and what your timeline is for your sale. We’ll ensure your best interests are fully represented throughout all the negotiations and contract considerations. You can rest easy knowing the multiple documents involved in the sale will be thoroughly vetted, and that all contingencies will be professionally reviewed. Is it time to buy? Let’s review your financial readiness for an expedient transaction. Interest rates have dropped this year —talk to your mortgage professional, get yourself pre-approved for a mortgage and have your deposit ready for a quick transaction. Recognize that the process of buying is not as “hands on” as you’re used to. However, while we may not have the luxury of strolling around open houses like we did before, there are excellent virtual tours available that will allow you to compare properties at your leisure. Let’s connect to talk strategy! Independently Owned and Operated VIVIAN GELESZ STAFFORD SCARLETT Sales Representative Account Director Office: (416) 645 0636 ext. 306 Office: (416) 645 0636 ext. 302 Mobile: (647) 333 1792 Toll-free: 1 866 315 0142 [email protected] staff[email protected] We’re currently navigating through what is usually the busiest real estate season of the year, but this time, buyers and sellers have no roadmap to follow. If you’re feeling uncertain about today’s market, please don’t hesitate to call for a no obligation discussion about how to successfully manage today’s rapidly changing conditions. Stay safe, stay healthy, and we’ll work through this together! JUMPTOOLS INC. 223-171 East Liberty St. Toronto, ON M6K 3P6 Detached Home 2020 2020 2020 2019 2019 2019 $1,049,300 $852,142 23 DAYS 8,491 $807,538 24 DAYS 7,448 Average Sales Price Average Days on Market Average Sales Activity April 2020 statistics courtesy of TREB 3,960 SALES 813 SALES 1,395 SALES 2,219 SALES Semi-Detached Townhouse Condo Apartment (Average Price) $852,669 (Average Price) $676,802 (Average Price) $617,419 (Average Price) MARKET UPDATE - TORONTO REAL ESTATE BOARD Compliments of Vivian Gelesz & Stafford Scarlett

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Page 1: Compliments of Vivian Gelesz & Stafford Scarlettjumptools.com/public/wp-content/uploads/NL2020_05... · VOLUME 2, ISSUE 5 Conditional Offer Terminology Corner: A conditional offer

VOLUME 2, ISSUE 5www.jumptools.com

Conditional Offer

Terminology Corner:

A conditional offer is an agreement that includes a time-limited condition of sale, as agreed to by both the home buyer and the seller. The completion of the property sale would therefore be subject to meeting specified conditions, which could include a home inspection, a confirmation of mortgage financing, or the sale of the potential buyer’s own property.

The sale of the home does not become final and binding until all of the conditions in the offer have been fulfilled or waived.

Capturing Our Moving Market

A s the 2020 real estate market continues to adjust to unprecedented worldwide

events, life goes on, as people will always have an endless list of reasons to move.

Are you thinking of selling?

• Together, we’ll review the latest updates to home selling policies due to COVID-19 virus concerns, and ensure you’re comfortable with the changes from in-person operations to virtual alternatives, including exciting new

“open house” video tour options.

• We’ll discuss how the market has changed in your area, and what your timeline is for your sale.

• We’ll ensure your best interests are fully represented throughout all the negotiations and contract considerations. You can rest easy

knowing the multiple documents involved in the sale will be thoroughly vetted, and that all contingencies will be professionally reviewed.

Is it time to buy?

• Let’s review your financial readiness for an expedient transaction. Interest rates have dropped this year —talk to your mortgage professional, get yourself pre-approved for a mortgage and have your deposit ready for a quick transaction.

• Recognize that the process of buying is not as “hands on” as you’re used to. However, while we may not have the luxury of strolling around open houses like we did before, there are excellent virtual tours available that will allow you to compare properties at your leisure.

Let’s connect to talk strategy!

Independently Owned and Operated

VIVIAN GELESZ

STAFFORD SCARLETT

Sales Representative

Account Director

Office: (416) 645 0636 ext. 306

Office: (416) 645 0636 ext. 302

Mobile: (647) 333 1792

Toll-free: 1 866 315 0142

[email protected]

[email protected]

We’re currently navigating through what is usually the busiest real estate season of the year, but this time, buyers and sellers have no roadmap to follow. If you’re feeling uncertain about today’s market, please don’t hesitate to call for a no obligation discussion about how to successfully manage today’s rapidly changing conditions.

Stay safe, stay healthy, and we’ll work through this together!

JUMPTOOLS INC.

223-171 East Liberty St.Toronto, ON M6K 3P6

Detached Home

2020 202020202019 20192019

$1,049,300

$852,142 23 DAYS8,491$807,538 24 DAYS7,448Average Sales Price Average Days on MarketAverage Sales Activity

April 2020 statistics courtesy of TREB

3,960 SALES 813 SALES 1,395 SALES 2,219 SALES

Semi-Detached Townhouse Condo Apartment

(Average Price)$852,669

(Average Price)$676,802

(Average Price)$617,419

(Average Price)

MARKET UPDATE - TORONTO REAL ESTATE BOARD

Compliments of Vivian Gelesz & Stafford Scarlett

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Practice Safe Sales

Today’s Homeowner Tip:

If a potential buyer insists on viewing your home in person, ask your agent for advice on how to protect your home both before and after the visit. Suggestions include:

- Providing hand sanitizer for visitors so they can disinfect their hands before entering the premises. Once inside, they should be reminded not to touch anything.

- Disinfecting all lockboxes, doorknobs, light switches, faucets, counters and other common touch points with an antibacterial cleanser, both before and after visits.

- Leaving open your inside doors, cupboards and other areas a buyer would want to look into, so they needn’t touch anything.

COVID-19 has impacted almost every aspect of our personal and professional lives, and real estate

is no exception. What hasn’t and will never change, however, is our need for a place to call home.

While there’s no doubt that many buyers and sellers are currently in somewhat of a holding pattern, there are others who, for a multitude of good

reasons, must still move forward with their real estate plans.

The Touch-Free Personal Touch

Both the homeowner and visitors must agree to strict health and safety regulations.

process of real estate operations have changed drastically because of COVID-19, making it more crucial than ever for both buyers and sellers to team up with their real estate professional. In fact, the first thing we’ll do is go over the latest physical distancing and interaction restrictions — important rules that vary depending on your region, province and real estate brokerage’s policies.

That being said, while virtual tours have replaced in-person open houses, there will be situations where it’s necessary for a seller to open their door to a potential buyer for an in-house visit. In these cases, both the homeowner and visitors must agree to strict health and safety regulations, which we will go over in detail.

Questions like, “How can you safely market my house?” “Are digital signatures binding?” and even, “Is my land registry office still open for business?” are just some of the critical concerns you’ll want answers to before you decide the direction to go in with your important real estate decisions.

Handshakes, open houses and in-person transactions have been replaced with virtual options that allow both buyers and sellers the opportunity to interact safely and efficiently. Let’s talk about how to successfully navigate your real estate needs in today’s ever-changing environment!

This isn’t the time for DIY real estate dealings! The legal procedures and

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Making Home, Work

As COVID-19 continues to press us into social isolation, we, as a society,

continue to adapt to accommodate the changes in our lifestyles.

For example, those of us who recently started working from home for the first time now likely look at our homes from

a different perspective than we did before. We recognize the value — and the challenges — of working out of our living spaces, and therefore have a new appreciation for separation of work and leisure areas in our homes.

If you’re contemplating a move, it could

be valuable to focus on these work-at-home considerations:

- Sellers: Even if you don’t currently have a separate room set up as a home office, it’s wise to recognize that a potential buyer may see the value of one. Consider staging a room or even a corner of a room as an office, homework or study area. You may have to rethink and repurpose an unlikely area of your home. Can you fit a small workspace into your laundry room, for example? How about carving out a work nook in your kitchen?

- Buyers: The realization that you can work from home can open up your relocation options. Instead of focusing on a limited area that allows the shortest commute to work, working from home may allow you to focus more on the type of home you’ve always wanted, and the lifestyles that different areas offer.

You’ve had to adapt, as have we in the real estate business. Let’s connect to ensure you have the soundest guidance for your next transaction.

Mayday! Who Can Fix This?

In addition to the countless benefits of owning your own home come the

responsibilities of home maintenance and repairs. While you may feel comfortable with regular day-to-day upkeep, there will be times when you’ll need to call in some more qualified help. How do you know when you need a handyman, and when you need to call in a specialist?

You may choose to call a handyman for smaller household projects that you could probably accomplish yourself if you had the time and/or the tools, for example painting a room or snaking a clogged drain. Handymen typically work independently on a wide variety of one-off, smaller projects, rather than on long-term repairs and renovations.

Large renovations, or more complicated projects such as upgrading your electrical system, moving interior walls, and installing new plumbing require more specialized knowledge, and require the professional services of a qualified, accredited contractor or trades specialist.

When deciding who is best suited to complete your project, ensure they’re

not only qualified and experienced, but that they carry liability insurance. Get your project estimates in writing and confirm the payment schedule up-front. No matter the size of the project, you should never be asked to pay the full cost of the job in advance. You’ll also want to be aware of the Builder’s Lien Holdback, where homeowners are advised to hold back 10% of their payments from their contractor for 45 days after the renovation is completed, to ensure all the trades and subcontractors have been fully paid and therefore don’t qualify to register a lien against your property.

“If evolution really works, how come

mothers only have two hands?”

Quote of the Month:

~

Milton Berle

VOLUME 2, ISSUE 5

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[RECIPIENT'S NAME]

The information and opinions contained in this newsletter are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This newsletter is provided with the understanding that it does not render legal, accounting, or other professional advice. Not intended to solicit properties or businesses listed for sale and agency agreements in place with other real estate brokers. Whole or partial reproduction of this newsletter is forbidden without the written permission of the publisher. © Jumptools® 2020, Phone: 1.866.315.0142. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Healthy Grass, From the Ground Up

If the lawncare products you’re using come with a warning to keep children and pets off the lawn

immediately after it’s treated, you may want to reconsider what you’re using to keep your grass looking “healthy.”

It may be time to replace pesticides, herbicides and even fertilizers with a more organic lawncare regime. While it takes time and patience to establish, keep in mind that your lawn — and the environment — will end up not only healthier but more sustainable in the long run.

The first step to creating a naturally beautiful lawn is to ensure the soil itself is healthy. Dig up samples of your lawn and get the soil analyzed to find out if any nutrients are lacking. While you’re waiting for the test results to come back, you can work on preparing your lawn.

1. Pull up any weeds.

2. Mow the grass down to about 2 inches.

3. Rake up any dead grass and thatch.

4. Aerate the lawn, so it can absorb any amendments you’ll need to add.

Once the results of the soil test come in, treat your lawn appropriately by adding the missing nutrients, along with natural compost and organic fertilizers.

The next step to creating a healthy lawn — one so thick and lush it’ll crowd out most of the weeds — is to generously overseed your lawn with the native or organic grass seed that’s best suited to your location. Water deeply once a week, raise your mower’s blades to 2 ½” – 3” once the grass is established, and enjoy your safe, healthy, naturally beautiful lawn!

[ADDRESS 2][ADDRESS 1]

Featured Listings

$80,000,000

$4,000,000

$700,000

SOLD

LISTED

SOLD

Beds: 6 | Baths: 5 4646 Pleasant View Boulevard,

Toronto ON Listing # 410501000609

Beds: 5 | Baths: 4 4646 Pleasant View Boulevard,

Toronto ON Listing # 410501000609

Beds: 3 | Baths: 2.5 4646 Pleasant View Boulevard,

Toronto ON Listing # 410501000609

JUMPTOOLS INC.VIVIAN GELESZ & STAFFORD SCARLETT

TORONTO, ON M6K 3P6223-171 EAST LIBERTY ST.

3429318

Quick Caprese Chicken

Home Cooking:

1. Preheat oven to 400°F.2. Carefully slice chicken breasts in half, to create 4 thin chicken breast slices.3. Season both sides of each chicken slice with salt and pepper.4. Heat a large, oven-proof skillet over medium high heat, and melt the butter into

the olive oil. Brown chicken on both sides.5. Spread pesto on top of each piece of chicken, then top with tomatoes.6. Transfer skillet into pre-heated oven. Bake about 10-12 minutes, or until chicken

is cooked through and has reached an internal temperature of 165°F.7. Top cooked chicken with mozzarella cheese and return to oven; broil until cheese

is melted, about 3 minutes.8. Remove chicken from oven, drizzle with balsamic and garnish with fresh basil

just before serving.

DIRECTIONS:

• 2 skinless, boneless chicken breasts• Kosher salt • Freshly ground black pepper• 1 Tbsp. olive oil• 1 Tbsp. butter

• 4 - 6 Tbsp. ready-made pesto• 2 medium tomatoes, sliced• 4 slices mozzarella cheese• 2 Tbsp. balsamic vinegar or glaze • Fresh basil leaves, slivered

INGREDIENTS:

Your referrals are always

appreciated.

Thank you for your trust and

confidence.~

Vivian Gelesz & Stafford Scarlett

Agent's Corner

VIVIAN GELESZ

STAFFORD SCARLETT

Sales Representative

Account Director

Office: (416) 645 0636 ext. 306

Office: (416) 645 0636 ext. 302

Mobile: (647) 333 1792

Toll-free: 1 866 315 0142

[email protected]

[email protected]