Have you ever wondered if your trusted realtor is truly providing you with accurate information, or could they be manipulating statistics to make a property seem more appealing than it really is? In today's episode, Adrian Trott and Ariel Kormendy discuss the potential pitfalls of relying solely on statistics and numbers when buying or selling a home. ************************ 0:14 – Intro 0:26 – DOM (Days on Market) 2:52 – CDOM (Cumulative Days on Market) 9:05 – List-to-Sale Price Ratio is a percentage that represents the final sale price of a property compared to its original listing price 12:22 – Take realtors' statistics with a grain of salt 16:40 – The Toronto Real Estate Board does not have a process that accurately calculates the list-to-sale price ratio statistics 19:24 – Your realtor's effort in selling your home 23:33 – Outro/recap ************************ Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************ Our Social: Instagram: www.instagram.com/kormendytrott
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TikTok: www.tiktok.com/@kormendytrott?lang=en ************************ In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey. Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area. We’d appreciate it if you’d subscribe and follow us for behind-the-scenes footage, real estate tips, industry secrets, exclusive listings, KT Confidential - the real estate podcast, and more!