Matt Phillips Real Estate Professional

Bidding Wars Are The New Norm For 2020 In Durham Region

Thursday Feb 13th, 2020

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Matt Phillips Low Commission Realtor

February is a complete sellers market in the GTA, especially the Durham Region.  There is a total lack of inventory right now and we are seeing 9 out of 10 homes sell for over the asking price.  Obviously buyers don't pay over  the asking price unless they are forced to by the competition.  This week alone i have seen a handful of homes sell for well over $100,000 over asking.  Many sellers are generating over 20 offers on their home right now.  In my... [read more]

Saving Money With A Discount Real Estate Broker

Sunday Oct 20th, 2019

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Low Commission Realtor Matt Phillips

To talk about discount brokers is to say there are standard-fee brokers, and nobody will own up to that statement. Why? Because all real estate commissions are negotiable by law. However, many real estate brokerages, hoping to capitalize on the growing realization among consumers that real estate commissions are negotiable, have created market niches for themselves that promise to save sellers money and rebate commission to... [read more]

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