Brad D'Ornellas

February 2023 Market Update

Hello All,  Here are the real estate market stats for February! Durham’s average sale price saw almost no change in February, moving to to $888,448 from $886,849 in January. Average sale price is currently sitting very close to where it was in January 2021, before interest rates began to drop to historic lows and average

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Happy New Year!

Happy New Year! Hi All,  I hope you’re having a great start to the New Year. As we enter 2023 I wanted to take a moment to review what happened in the 2022 real estate market and also give some insight on what we can expect to see this year.  In 2022 we saw the

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Merry Christmas!

Wishing you a Merry Christmas!  Hello All,  I just wanted to wish you and your family a very Merry Christmas and a Happy New Year. Congratulations on all you’ve accomplished this year, I can’t wait to see what amazing things are in store for you in 2023.  The real estate market has clearly gone

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Closing Costs For Buyers In Ontario

Budgeting for a home purchase ensures that you’ll be able to afford to pay for costs such as the down payment and monthly mortgage payments, but there are a number of other significant costs that many buyers often overlook. These include closing costs (land transfer tax, adjustments on closing, lawyer fees) and additional monthly costs (property tax, insurance, utilities, maintenance). All of these costs need to be taken into account so that you truly know if you can afford the home that you’re looking for.

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do buyers pay realtor fees in ontario

Do Buyers Pay Realtor Fees In Ontario?

One of the most common questions that I get from buyers is “do buyers pay realtor fees in Ontario?”. Many buyers and sellers are unsure about realtor fees (commissions) regarding how much they will be, who pays them, when they are paid, and so on. How real estate commissions work in Ontario is actually very straightforward, and knowing this will give you a better idea of what to expect going forward with your purchase or sale.

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