See how these agents in Los Angeles take the most out of Instagram to connect to their audience and promote their best listings. Instagram is one of the best channels for real estate marketing due to its visual nature which allows REALTORS® to easily promote their business, content to their audience and allow their audience to get to know them on a more personal level. However, some are doing a better job at making the most out of the platform and their account is worth a look or maybe a click on the follow button. Here we have the top Los Angeles real estate agents on Instagram for 2021. We ..read more

The Golden State” has always been a point of interest for real estate investors which got its nickname in 1968. The Golden State offers various places and areas where you can buy properties and find your dream home.  San Diego is one of such places where you can achieve such goal.  With median home price in San Diego county rising to $732,560 in August the market sees a 2% increase. But making a profitable real estate investment takes more than a profitable market. You need the right agent to help you through the process and make the best out of your investment. San Diego Top Real ..read more

Summary Top-performing agents are able to sell at higher prices than average agents when compared to the listed price.  Top-performing agents list their properties closer to market value than average agents; but closer to market value doesn’t equate to closer to assessed value.  Top-performing agents sell properties faster compared to other agents Top-performing agents do not influence sold price compared to assessed price ratio.  It stands to reason that those who are considered top-performing real estate agents aren’t considered as such by mistake. Even after variables like ..read more

Summary   BC’s foreign buyers’ tax has had an adverse effect on the percentage sale and percentage monetary sales of Chinese agents selling properties to Chinese nationals The share of monetary sales of Chinese agents declined drastically with respect to single family homes, as opposed to condos, following the implementation of the foreign buyers’ tax. Chinese agents have preferred transactions involving less expensive properties such as condos as opposed to single family homes. Methodology Roomvu collected data on more than 300 thousand listings from the MLS database based on propertie ..read more

The Best Strategy to Sell Houses in Greater Vancouver Summary Agents should stick within a 14km operation distance for optimal home-sale results.  Agents should also look at different sub-areas within that 14km radius  For real estate agents, the question of where to choose and activate seems to come up all the time. Arguments for both sides are compelling. Should agents stick with the area they know and specialize, at the risk of being too narrowly focused on one location? Or, should they cover a variety of areas, allowing them to operate in several different areas to hedge agains ..read more

Sales of Homes 5 Years or Older Have Increased Since Outbreak Summary Sales of older homes (more than 5 years old) have increased in the Great Toronto Area (GTA) since mid-March Average price per-square-foot of older attached properties (townhomes and condos) have jumped since March 15 Sales of detached homes with 3-bedroom and more declined significantly post-Covid. The drastic drop was observed in attached homes with 1- to 3-bedroom. The economic fallout of the Covid-19 pandemic has been nothing short of extraordinary. Declines in GDP not seen since the Second World War, huge upticks in un ..read more

A world-class city doesn’t attract millions of residents and global notoriety by accident. Toronto, the most populous city in Canada and fourth-largest in North America, has earned its place as one of the world’s ten-most liveable cities by fostering a safe and stable environment, with relatively easy access to education and healthcare — not to mention some of the best restaurants in the nation. Notoriety like this comes with a caveat, however: be prepared to pay a lot to live there.  So where can one find a bargain when condo-shopping in downtown Toronto? Roomvu, a real estate marketing ..read more

Competition in Vancouver’s lucrative real estate market doesn’t only take place between buyers ferociously bidding on a home or sellers biding their time looking to sell at the highest price. Real estate agents also compete fiercely against one another to rank among the top of the top, and to see who comes away with the biggest slice of the real estate pie.  Data scientists at ROOMVU combed through MLS (Multiple Listing Service) information to see which realtors have started to pull away from the pack so far through the first six months of 2020. Despite economic challenges posed by gover ..read more

Vancouver Apartments Took Twice As Long to Sell During Covid – Demand is shifting to detached in the Chilliwack area – UBC Study finds Summary Attached homes, particularly in the non-luxury segment, are taking more than twice as long to sell as social distancing has made accessing apartments for viewings more difficult The average times on market for attached homes increased by 114% in the non-luxury segment and 72% for the luxury segment.  For detached homes, the increase in duration is more modest at 45% for non-luxury and 39% luxury segments.    Anyone who has bought o ..read more

Ninety-one of the 100 most expensive zip codes in the U.S. are located in the Golden State, including six of the top 10 and three of the top four. Even in the midst of a global pandemic that has dealt severe blows to economic growth and consumer confidence, some of California’s most important real estate markets are showing signs that they’re weathering the storm.  All this lucrative real estate means good business for the state’s real estate agents, though competition is often fierce. So, which agents come out on top?  ROOMVU — a Vancouver-based real estate marketing and analytics ..read more