CIR Realty Business Mastery

Start the Year Right: Accounting Tips for REALTORS® to Stay Organized and Tax-Ready

Start the Year Right: Accounting Tips for REALTORS® to Stay Organized and Tax-Ready The new year is the perfect time to hit “reset” and set your business up for success—and that includes your accounting practices. As a Realtor, managing your finances effectively isn’t just about keeping the books; it’s about setting a solid foundation for profitability, stress-free tax seasons, and long-term growth. Here’s why starting the year with a clear financial plan matters and the steps you can take...

Impact of Interest Rate Drops on the Real Estate Market

When interest rates drop, as they currently are in Canada, the real estate market typically experiences a surge in activity. This phenomenon is driven by several key factors. Here are a few things to know, and to educate your clients on, within the upcoming weeks. Things to anticipate that impact the real estate market when rates drop: Increased Buyer Demand: Lower interest rates mean cheaper borrowing costs. Homebuyers, both first-time buyers and those looking to upgrade, find it more affordable...

The Impact of Real Estate Education on Financial Literacy

Financial literacy is essential for managing personal finances, making informed investment decisions, and achieving long-term financial stability. Education in real estate is a powerful way to enhance financial literacy, providing individuals with a broad range of skills and knowledge that can be applied to various aspects of personal and professional financial management. One of the primary benefits of real estate education is the comprehensive understanding it provides of investment principles. Real estate involves substantial financial transactions and long-term investment strategies....

The Only 3 Ways to Make More Money in Real Estate

The vast majority of Realtors would like to make more money in their business. Yes, there are a few of you who have too much business and need to begin delegating to assistants and team members, but eventually markets will change, expenses will increase and the requirement to increase your revenue will come back. Any basic marketing class will teach that there are only 3 ways key to increasing revenue and ultimately grow your business. Those 3 ways are:...

Please Grant Me Another Real Estate Boom! I Promise Not to Blow It This Time!

In this segment, Steve Phillips goes over what it takes to establish a consistent and productive business, and how to set yourself up for success as we approach busier markets.

How to Fight a Tax Assessed Value 101

In this segment, Chloe Mitchell invites CIR REALTOR, Natalie Scollard, to share all you need to know when it comes to fighting your tax assessments. This knowledge can a powerful asset when it comes to looking out for your clients, and yourself.

How to Create the Retirement You Deserve at CIR REALTY

The New Year is an opportunity to reset, and a great time to think about your finances. In this segment, Lindsey Smith shares some effective processes and resources to set your future self up for a comfortable retirement. This can be a scary topic, but it is a reality that we all need to face. SHOW LESS

What the Heck is Going On with AREA & RECA?

In this segment, Chloe Mitchell reviews and clarifies some of the information that has recently been sent out to REALTORS® from AREA (Alberta Real Estate Association) and RECA (Real Estate Council of Alberta).

Dealing with Mortgage & Equity Shortfalls

In this segment, Chloe Mitchell explains the importance of payout penalties, and how to deal with listings when you have a client who doesn’t have enough equity in the property to sell it.

The End of Mortgage Deferrals & the Potential Impact of Financial Challenges for Canadian Households

In this segment, Steve Phillips discusses what it might look like when the mortgage deferrals end based on some research he compiled, and the potential impact of financial challenges for Canadian households.

Business Mastery – How to increase Your Per Hour Income

Too many Realtors focus their efforts on top-line revenue and often do not calculate their true income per hour. This can lead to working much harder than is necessary and often to a complete sacrifice of every other area in their life. In this episode, we chat with Don Tennessen to discuss how the Ninja Selling principles can be applied to increase your per hour income so that you can have a life.

Is General Liability Insurance Right for You?

The Company RealProSure is in the CIR Live studio to talk insurance. Real Pro is unique because they have made a General Liability Insurance specific for realtors! This is a segment you don’t want to miss out on.

Authentically Give to Dramatically Increase Sales

When you start a real estate business there are lots of things to know and you will always be learning. However, in this episode of Business Mastery Medorann Boucher-Plante will be talking about giving authentically to your clients in order to gain a trusted clientele that will keep you top of mind for repeat business and referral business. Also when to stop giving, as there is such a thing as too much, you’re running a business and your resources just...

The Specifics of the New First Time Home Buyer Government Incentive

Invaluable Information for Your Business from the NAR Consumers Report

Every year CIR Realty purchases The Profile of Home Buyers and Sellers published by the National Association of Realtors, or NAR for short. NAR is based in the US but buying patterns seem to reflect what we do here in Canada, so it’s none the less useful for Canadian realtors to take a look and observe some of the buying and selling habits in order to improve business for your real estate business. Lindsey goes through all of the relevant...

Working with Banks & Holdbacks

This segment is all about being prepared for holdbacks. Lindsey and Ryan MacKay from MacKay Real Property Law talk about issues that have come up with holdbacks and how to write holdbacks if the situation calls for it. Also learn about what the banks are thinking when they see holdbacks and get proper legal advice when writing them. Hope you enjoy this segment from CIR Live, remember to like and subscribe for more great real estate content.https://youtu.be/tE30XysaUh0

Prepping Your Buyers for Success Under the New Mortgage Rules

Audra chats with Calgary Mobile Mortgage Specialist, Gary Masur and Mario Damjanovic about how to chat with your buyers on the new mortgage rules, what the different between the pre-approval application and being pre-approved. Learn how to make your real estate business successful in all aspects of buying a home.

The Inside Scope on Private Lending

Zoltan Padar CIR REALTOR and a Private Lending Specialist goes into detail on private lending, what types there are and what exactly it is.

Financial and Production Goals Worksheet for Realtors

Do you need some help mapping out your goals and putting together a business plan for your new career in real estate? Or, maybe are you a practicing real estate agent looking for more consistency in your business to help you meet your financial goal this year. This handy template, courtesy of our partner Jared James with Leading Real Estate Companies of the World is a great start! Financial and Production Goals Worksheet My Net Income Goal for the year: $_______________ 1....

REALTOR Tax Tips You NEED to Know About!

Natalie Nizamov is a seasoned tax accountant specializing in REALTOR taxes. Watch this quick 15 minute video to learn everything you need to know to stay out of trouble and keep as much money in your pocket as you can! Copyright, CIR REALTY 2016 – All Rights Reserved

Setting Up Your Real Estate Business Finances

Your salary will likely be the biggest expense in your business. It is important that you make sure your business is profitable after you pay yourself and your other business expenses. When you are setting up your finances, you will want to: Determine your personal expenses/savings and required salary. Determine your required annual and monthly income to make a profit. Determine your desired annual and monthly income (your goal) Here is a guide to setting up the different bank accounts you...

Category: Finance and Expenses

Start the Year Right: Accounting Tips for REALTORS® to Stay Organized and Tax-Ready

Impact of Interest Rate Drops on the Real Estate Market

The Impact of Real Estate Education on Financial Literacy

The Only 3 Ways to Make More Money in Real Estate

Please Grant Me Another Real Estate Boom! I Promise Not to Blow It This Time!

How to Fight a Tax Assessed Value 101

How to Create the Retirement You Deserve at CIR REALTY

What the Heck is Going On with AREA & RECA?

Dealing with Mortgage & Equity Shortfalls

The End of Mortgage Deferrals & the Potential Impact of Financial Challenges for Canadian Households

Business Mastery – How to increase Your Per Hour Income

Is General Liability Insurance Right for You?

Authentically Give to Dramatically Increase Sales

The Specifics of the New First Time Home Buyer Government Incentive

Invaluable Information for Your Business from the NAR Consumers Report

Working with Banks & Holdbacks

Prepping Your Buyers for Success Under the New Mortgage Rules

The Inside Scope on Private Lending

Financial and Production Goals Worksheet for Realtors

REALTOR Tax Tips You NEED to Know About!

Setting Up Your Real Estate Business Finances

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