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Bidding Wars, Buying Strategies, Discount Agents, and More!

Content

In this episode, Ariel Kormendy and Adrian Trott dive deep into the Canadian Real Estate Association’s forecast, predicting a 10% increase in sales activity and a modest 2.4% rise in property values for 2025. We discuss market trends in various regions, such as Calgary, Toronto’s condo market, and segments like townhomes and detached homes in areas like Halton and Peel Region. Our team shares insights on whether it’s the right time to move up, how changing mortgage rates will affect affordability, and the anticipated return of bidding wars.
Watch until the end for strategies on navigating multiple offer situations and securing the best deal possible.

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0:17 – Introduction
1:40 – Catching up on Adrian’s life
5:19 – Ariel’s update
9:38 – Canadian Real Estate Association Forecast for 2025
11:15 – Regional Market Analysis: Calgary, Toronto, and Surrounding Areas
12:35 – Why Move-Up Buyers Should Act Now
17:31 – Home Prices Are Going Up: What It Means for Buyers
22:28 – The Return of Bidding Wars: What to Expect
24:15 – How to Approach Multiple Offer Situations
26:16 – Pre-Home Inspections
35:38 – Why Some Offers Fall Apart and How to Avoid It
43:46 – Botched Home Flips
47:48 – Outro/recap

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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.

Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.

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COMMENTS

HOSTS

Milton Real Estate Agent

Adrian Trott

  • (416) 707-8401
  • adrian@kormendytrott.com
Adrian Trott, co-founder of The Kormendy Trott Team, began his real estate career in Milton and has since built a reputation for delivering exceptional results. Passionate about constant growth, Adrian is always finding innovative ways to improve services and create a better experience for clients. When he’s not navigating real estate transactions, you’ll find him snowboarding, exploring new destinations, or enjoying a good video game.
Milton Real Estate Agent

Ariel Kormendy

  • (647) 464-0957
  • ariel@kormendytrott.com
As co-founder of The Kormendy Trott Team, Ariel Kormendy blends real estate expertise with a creative flair for marketing, helping clients achieve their goals with confidence and ease. Outside of work, Ariel is a dedicated family man who loves exploring new cuisines, perfecting recipes in the kitchen, and enjoying good food with great company. His passion for connection shines through in everything he does, both personally and professionally.

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Open House Terms & Privacy Agreement

for KT Open Houses

  1.  

1. Visitor Etiquette: All visitors are required to maintain a respectful and safe environment in our client’s property by adhering to the following etiquette guidelines unless otherwise directed by a representative of The KT Team:

  • Footwear: Please remove footwear upon entry to help preserve the property’s cleanliness.
  • Washroom Facilities: Visitors are kindly asked to refrain from using washroom facilities.
  • Personal Belongings and Furniture: For privacy and safety, please avoid touching personal belongings or opening furniture not part of the sale. Examples include dressers, media consoles, and most free-standing furniture.
  • Food and Beverages: Outside food and beverages are prohibited while touring the property.
  • Furniture: To respect our client’s space, please avoid sitting or lying on any furniture.
  • Pets: Pets are not allowed within the property.
  • Children: Parents and guardians are responsible for ensuring children follow these guidelines.

2. Visitor Tracking and Safety: To ensure the safety of our clients’ property and personal belongings and the security of our real estate agents, all visitors are required to provide accurate and complete contact information. This information is used to track attendees and ensure accountability.

3. Digital Communications and Follow-Up: By providing your contact information, you consent to receive digital communications from our real estate team, including information about this property, future open houses, and other relevant real estate opportunities. These communications may include marketing or promotional messages, and we aim to keep them relevant to your interests.

4. Opting Out: You may opt out of receiving digital communications at any time by contacting us directly at the contact points below or following the unsubscribe link provided in messages. Opting out will remove you from future marketing communications, although we may retain your contact information for internal records related to visitor tracking.

KT Realty
229 – 336 Bronte Street South
Milton ON L9T 7W6
info@kormendytrott.com
1 (800) 617-0090

4. Prospecting and Sales Activity: Our real estate team may use your information for prospecting and follow-up purposes. We ensure these communications are conducted respectfully and aim to provide opportunities aligned with your interests.

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6. Acknowledgment: By submitting this form, you acknowledge that you have read, understood, and agreed to these terms and conditions. You agree to adhere to any additional requests or instructions the real estate agents provide to maintain a safe and secure environment during your visit.