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Real Estate & COVID: Past, Present, & Future | KT Confidential E99

On today’s podcast, episode #99, Adrian and Ariel look back on the effects covid has had on the local real estate market. With COVID came many changes. People began working remotely from home, students were forced to stay in as schools began to close, and our spending habits were given a second look as many individuals lost their employment as companies closed their doors.

With so many people staying at home with their families for a majority of the past 7 months, it has forced people to reevaluate their living situation. We have seen everything from upsizing, downsizing, relocating, and everywhere in between during these past months. Some families are deciding to move in with their parents in order to remain close to each other. Others have moved from the city directly to a rural property as the demand for more space, and specifically more outdoor space, has grown dramatically.

COVID has brought many unexpected changes in all aspects of our lives. Offices are shutting down with people wondering if commercial real estate is the way of the past with working remotely being the way of the future. Tiny homes are beginning to trend as some people realized how much they were living beyond their means or beyond what they really needed. While other families were forced to realize how little space they actually had remaining in their home for things such as office space or learning rooms.

We give our predications on what we expect is to come with the second wave, but as we have learnt nothing is certain with COVID for the times they are a-changin’.

All of that and more on today’s episode of KT Confidential – Real Estate Podcast.

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Adrian Trott
Ariel Kormendy
Heather Karloff
Steve Bruman
Chris Behie
Jennifer Singh
Steve Cecchetto

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The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.

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