The Great Toronto Realtor Roundup: How Many Sold Signs Can One City Handle? (circa 2023)
Ever feel like Toronto's real estate market is a never-ending game of musical chairs, with a realtor for every square foot? You're not wrong. In the wild ride that was 2023, the number of realtors in the city reached staggering heights. But fear not, dear reader, we're here to break it down with some lighthearted fun (and maybe a touch of existential dread about ever affording a home).
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| How Many Realtors In Toronto 2023 |
So, how many realtors are we talking about here?
Brace yourselves: The Toronto Regional Real Estate Board (TRREB), the city's biggest boardroom of dealmakers, boasts over 70,000 members. That's a lot of name cards and even more open houses fueled by questionable punch.
Now, here's the kicker: that's just TRREB. There are other real estate associations out there, and some agents choose to fly solo. So, the real number? Probably enough to hold a city-wide game of Red Rover and leave no one out.
Moral of the story: If you're selling your shoebox condo, competition will be fierce. But hey, at least there's a realtor for every potential buyer (and their nosy out-of-town relatives).
QuickTip: Skim first, then reread for depth.
But wait, there's more! The plot thickens...
Here's the thing: not all realtors are created equal. Some are seasoned veterans with rolodexes the size of phone books. Others are fresh-faced newbies, eager to prove themselves (and maybe snag that sweet commission).
This means choosing a realtor can feel like deciphering a cryptic message from the housing gods. Do you go with experience or youthful enthusiasm? The answer, my friend, is in the interview (and maybe a healthy dose of online reviews).
Side note: If your realtor's idea of a "staging consultation" involves throwing a sheet over your grandma's porcelain cat collection...run.
Tip: Every word counts — don’t skip too much.
So, is the Toronto realtor market oversaturated?
That's a question for the philosophers, my friends. Will the sheer number of realtors lead to a "race to the bottom" in terms of service? Or will it create a hyper-competitive environment that breeds excellence? Only time (and the housing market) will tell.
In the meantime, here's a toast to the brave souls who navigate the ever-churning waters of Toronto real estate, both buyers and sellers alike. May the odds be ever in your favor (and may your bidding wars be swift and painless...ish).
FAQ: How to Survive the Toronto Real Estate Jungle (with Realtors)
How to find a good realtor?
Note: Skipping ahead? Don’t miss the middle sections.
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Do your research! Ask friends, family, and colleagues for recommendations. Check online reviews and interview potential candidates.
How to prepare for a bidding war?
Get pre-approved for a mortgage, be prepared to move fast, and channel your inner zen master (seriously, you'll need it).
Tip: Don’t overthink — just keep reading.
How to stage your home for a sale?
Declutter, depersonalize, and let in the light! Think "move-in ready" magazine spread, not your eccentric uncle's basement collection.
How to negotiate like a pro?
Do your research on comparable properties, be clear about your budget, and don't be afraid to walk away if the deal feels off.
How to maintain your sanity throughout the process?
Deep breaths, meditation, and a healthy dose of gallows humor. Remember, you're not alone in this crazy market!
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