Wondering how real estate commission works in the Durham Region? Below, answers to Durham Region's home Sellers most frequently asked questions: Q: How do real estate agents get paid? Real Estate agents in Durham Region get paid a commission.  Typically the commission is a set percentage of the sold price.  If the home doesn't sell then it doesn't cost the seller anything.  Agents front the out of pocket marketing risks... [read more]

DURHAM REGION MARKET OUTLOOK FOR 2020 To get a hold of Matt Phillips please contact here. Listing Agent Low Commission Listing Fee Of 1% Top of the morning to everyone, I'm just having my 2nd coffee and reading the predictions for the 2020 housing market outlook by remax.  According to their report the average sale price in Durham Region rose from $593,902 in 2018 to 609,628 in 2019.  That's a 2.6% average increase for all of Durham Region.... [read more]

  Is Sellling My Home A Good Idea In The Winter? As November winds down in this final week, the market continues to chug along nicely!  I have been asked by multiple clients if selling a home in the winter is a good idea?  My response was yes.  Maybe not every winter but this winter the Durham Region Real Estate Market is showing low inventory levels and homes continue to sell.  This week alone we saw 25 more homes sell vs the prior week.  Below is 5 reasons... [read more]

    As we start 2020 the Durham Region Real Estate Market continues to chug along nicely.  Prices continue to trend upwards, while the average days on market sitting around 20 days and shrinking.  Durham Region does have some of the lowest inventory levels going back as far as 20 years!  I think a lot of people are moving up but keeping their current homes and this is causing the low inventory levels ( just my opinion).   Lets dig into some... [read more]

BUYERS OR SELLERS MARKET? Good morning everyone.  I just wanted to touch on COVID-19 and how it is affecting our current Durham Real Estate Market and the rest of the GTA.  COVID-19 has definitely slowed down the the total transactions in the Durham Region and GTA.  Before COVID-19 it was a complete sellers market in the Durham Region and there was multiple offers on pretty much every home being sold, especially the lower/entry level priced homes.  Today there... [read more]