The Last Honest Realtor
Welcome to The Last Honest Realtor, your exclusive, behind-the-scenes pass to the twists and turns of the Toronto real estate market. Hosted by David Fleming of Toronto Realty Group, this podcast offers an unprecedented look behind the curtain, presenting the local real estate scene with a mix of unapologetic honesty and entertaining cynicism.
David doesn’t just talk real estate—he lives it. With years of experience under his belt, he's here to share the unvarnished truth about what it really takes to buy or sell in Toronto. From the big wins to the frustrating pitfalls, get ready for a behind-the-scenes journey that promises both information and entertainment.
Whether you’re a first-time homebuyer, a seasoned investor, or just a real estate enthusiast, David's insights will equip you with the knowledge you need to navigate the market. Expect practical advice on everything from staging and junk removal to listing and making the sale.
Tune in to The Last Honest Realtor and experience Toronto real estate like never before. Be informed, be entertained, and most importantly, be ready to see the industry through the eyes of someone who can handle any challenge the market throws his way.
The Last Honest Realtor
Ep. 24 - Why Nothing is Selling in Toronto’s Real Estate Market: Are Agents and Sellers to Blame?
In this episode of The Last Honest Realtor podcast, host David Fleming digs into Toronto’s perplexing real estate slowdown. With properties lingering on the market, David examines why sales are at record lows despite high demand and supply. Drawing on real client experiences, he discusses the pitfalls of inflated seller expectations, agent egos, and a market where some agents avoid hard conversations with their clients, leading to listings that stay unsold for months.
From extreme relisting tactics to agents signing back offers above listing price, David dissects how outdated pricing strategies and lack of transparency can hurt both buyers and the market’s reputation. This episode sheds light on the misalignment between fair market value and seller expectations, and how buyers are responding by simply walking away.
In This Episode:
- Why Toronto’s property sales are at an all-time low despite demand and supply
- The role of agent egos and seller expectations in unsold listings
- How repeated price changes and unrealistic counteroffers frustrate buyers
- The gap between current pricing practices and true market value
- David’s take on the need for more transparency and tough conversations in real estate
Timestamps:
00:00 - Introduction
00:07 - Why is nothing selling?
02:05 - Supply and demand in today’s market
05:10 - The impact of agent egos on market transactions
10:20 - Unrealistic seller expectations: A deep dive
15:35 - Case studies of price manipulation
22:45 - The need for more honest conversations in real estate
30:32 - Conclusion: Moving toward transparency
Don’t Miss:
- David’s honest critique of today’s real estate pricing practices
- Insightful case studies showcasing pricing extremes
- Suggestions for better alignment between agents, sellers, and the market
Subscribe to The Last Honest Realtor on YouTube or your favorite podcast platform. Like, comment, and share your thoughts—have you seen misaligned pricing in your own real estate experiences?
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