Author: homegoal.ca
Many of us have a love/hate relationship with change. Brace yourself. Among the latest disruptors attempting to flip the residential real estate industry on its head is Hyyve, a soon-to-be-launched Toronto-based platform where Realtors bid on residential listings, competing with other agents in what’s essentially a bidding war to get clients. Yes, you read that right. Agents pay upfront for the right to list a property. Sellers keep the cash, regardless of the outcome What’s more, homeowners get to keep the cash the winning agent bid, even if the property doesn’t sell. Although bidding for listings won’t be…
Canmore is a key destination for recreational properties and tourist-oriented rentals. The numbers of tourist homes and short term accommodations have been growing in Canmore over the past decade. Tourist homes rose about 33% from 2013 to 2022, while short-term accommodations grew 25% from 2014 to 2022. However, Canmore’s housing and rental market is undergoing significant changes, with a housing action plan that includes new policies reshaping how properties can be used and taxed. These shifts directly impact owners of recreational and rental properties. The changes center around three key areas: adjustments to tourist home regulations, incentives for primary residence…