In 1983, Elli Davis took a chance and left teaching and became a Real Estate agent. Elli had a flair for the field and it showed with her first sale occurring three weeks after receiving her Realtor’s license. For Elli it has been her passion ever since.
Fast forward to April 10th 2008, where over 400 guests gathered to pay tribute to Elli’s 25 year career. The venue was the Round Room of The Carlu,a Landmark in downtown Toronto where guests mingled while enjoying a variety exquisite foods and desserts throughout the evening. The room was elegantly decorated and the atmosphere was infused with sounds of chic music as guests were entertained by Brian Master Productions.
Highlights of the night included a speech from Gino Romanese – Senior Vice President of Royal LePage. Mr. Romanese gave statistics on Royal LePage and Elli’s contribution to the company and the Real Estate profession. Pamela Kempthorne – Director of the Royal LePage Shelter Foundation was also at the event to speak about Elli’s generous donation of a play set to Interval House, which is one of the shelters supported by the foundation. Royal LePage Shelter Foundation is proud to partner with local women’s shelters to help make a difference in the lives of women and children who have been affected by violence.
The night was enjoyed by all who attended as they celebrated and reminisced on Elli’s career. One partygoer reflected on the time when Elli sold his home; “so it was 10 am and she rings my door bell on Hazelton, I come down the stairs with bed head and little dazed, I open the door and I hear “Michael, you’ve got to move out of your house I sold it… Ah, the good old days.”
Another guest was quoted as saying “wasn’t that a great tribute to her and her career?” Not only was it a night of celebration but truly a night to remember for Elli and all those who were fortunate to be a part of it.
Congratulations Elli! Check out video footage from the party here:
http://www.brightcove.tv/title.jsp?title=1511107483
Thursday, April 24, 2008
Tuesday, April 15, 2008
Is Home Ownership the right decision for You?
Buying a home is the most exciting and emotionally charged thing that you will ever do. It is a big decision and you should make sure that you are ready both emotionally and financially to purchase a home.
As with any large purchasing decision, you need to acquaint yourself with the market, its trends and the terminology so that you aren’t going to make an uneducated decision. There are many tools on the internet that can help you determine whether or not homeownership is a step that you should be taking.
Some things to consider when buying a home:
1. Down payment – ensure that you have enough money saved up towards your down payment as this is the amount of money that you will need in order to secure your new home and this amount is not financed by your lending institution. Down payment amounts can be anywhere from 5%-20% of the purchase price of the home.
2. Monthly Mortgage – is the amount that you will be paying on your mortgage each month so you need to establish what amount you can afford taking into consideration your other monthly expenses (i.e. utilities, car payment, entertainment, etc…).
3. Property Taxes – is separate from your monthly mortgage payment and may increase the amount you pay monthly depending on how you choose to pay them off each year.
Remember, buying a home does have its advantages but it’s always best to do your homework about homeownership. The Canada Mortgage and Housing Corporation have an excellent worksheet that will assist you with this very important decision.
Need more info? Ask Elli a question or visit http://www.ellidavis.com/ .
As with any large purchasing decision, you need to acquaint yourself with the market, its trends and the terminology so that you aren’t going to make an uneducated decision. There are many tools on the internet that can help you determine whether or not homeownership is a step that you should be taking.
Some things to consider when buying a home:
1. Down payment – ensure that you have enough money saved up towards your down payment as this is the amount of money that you will need in order to secure your new home and this amount is not financed by your lending institution. Down payment amounts can be anywhere from 5%-20% of the purchase price of the home.
2. Monthly Mortgage – is the amount that you will be paying on your mortgage each month so you need to establish what amount you can afford taking into consideration your other monthly expenses (i.e. utilities, car payment, entertainment, etc…).
3. Property Taxes – is separate from your monthly mortgage payment and may increase the amount you pay monthly depending on how you choose to pay them off each year.
Remember, buying a home does have its advantages but it’s always best to do your homework about homeownership. The Canada Mortgage and Housing Corporation have an excellent worksheet that will assist you with this very important decision.
Need more info? Ask Elli a question or visit http://www.ellidavis.com/ .
Tuesday, April 8, 2008
Realtor or For Sale by Owner?
Some homeowners, once thy are ready to put their home on the market ponders the thought of selling their home privately also known as For Sale by Owner (FSBO). In order to determine whether or not to list your home privately, there are some key questions that you will need to ask yourself.
Are you ready to separate yourself emotionally from your home?
Most homeowners consider their home their own private sanctuary suited and styled to their own personal taste. When potential buyers come to view your home, you need to bear in mind that they are viewing the home as they would see themselves in it. Therefore, you need to take into consideration that your personal taste may not be the same as the potential buyers viewing your home. You will have to be able to maintain objectivity when buyers are criticizing your home.
Can you set a realistic listing price for your home?
Some sellers tend to have unrealistic views on what the listing price of their home should be. Realtors help you come up with a listing price that is suitable by completing a comparative market analysis and other research that will help them suggest a reasonable price for your home.
Can you effectively market your home?
It is important to remember that your realtor has access to tools that can market your home to a very large audience. Your realtor knows the key elements of your home that will be big “attention grabbers” and can expand upon these features with engaging ads for local newspapers, magazines, and MLS.
Will you be able to respond to potential problems that may arise?
Realtors are professionally trained to deal with potential problems. No doubt that your realtor has probably dealt with their fair share of make or break it deals. It is this knowledge that could potentially save the deal on your home from falling through.
Are you able to make yourself available for showings?
Buyers tend to feel more intimidated by the presence of the seller while they are viewing the home. They may feel hesitant to comment or truly look at the house the way a buyer should when viewing homes.
Depending on your circumstances you may benefit from the services of a Realtor. You should make sure that you do your research and interview multiple agents before committing to any particular one.
Are you ready to separate yourself emotionally from your home?
Most homeowners consider their home their own private sanctuary suited and styled to their own personal taste. When potential buyers come to view your home, you need to bear in mind that they are viewing the home as they would see themselves in it. Therefore, you need to take into consideration that your personal taste may not be the same as the potential buyers viewing your home. You will have to be able to maintain objectivity when buyers are criticizing your home.
Can you set a realistic listing price for your home?
Some sellers tend to have unrealistic views on what the listing price of their home should be. Realtors help you come up with a listing price that is suitable by completing a comparative market analysis and other research that will help them suggest a reasonable price for your home.
Can you effectively market your home?
It is important to remember that your realtor has access to tools that can market your home to a very large audience. Your realtor knows the key elements of your home that will be big “attention grabbers” and can expand upon these features with engaging ads for local newspapers, magazines, and MLS.
Will you be able to respond to potential problems that may arise?
Realtors are professionally trained to deal with potential problems. No doubt that your realtor has probably dealt with their fair share of make or break it deals. It is this knowledge that could potentially save the deal on your home from falling through.
Are you able to make yourself available for showings?
Buyers tend to feel more intimidated by the presence of the seller while they are viewing the home. They may feel hesitant to comment or truly look at the house the way a buyer should when viewing homes.
Depending on your circumstances you may benefit from the services of a Realtor. You should make sure that you do your research and interview multiple agents before committing to any particular one.
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