TODD TALBOT shares his passion for real estate

TODD TALBOT shares his passion for real estate

Love It List It or

WORDS JOE LEARY

PHOTOGRAPHY ALFONSO ARNOLD

All Clothing provided by Nordstrom Vancouver

Shoes provided by Kalina’s

Stylist Sarah D’Arcey

Jacket: Gucci; Pants & Sweater: Burberry; Shoes provided by Kalina’s

“People are honestly fascinated with how television works and a lot of questions are generally about the behind-the-scenes happenings. They do also ask real estate questions and I love talking about it.”

Todd says his interest in real estate started as a hobby, grew into a passion and then the business opportunities followed.

“It was never my intention to start a business and have this be a career,” he says. “I can sit around and talk real estate all day long. I love the dynamics of it. I love looking at the bigger picture of where we’re going as a community; as cities, especially in Canada; what people think is important and how we’re prioritizing. Obviously, attached to that are market dynamics, and a lot of times people get distracted by certain things that happen to be hot-button issues, but forget some of the macroeconomic things that are driving the real estate market, especially in Vancouver.”

Sweater: Burberry

And what does 2020 hold for the Greater Vancouver real estate market?

“The caveat is always that no one has a crystal ball,” Todd says. “But I think that we will be somewhat status quo and it’s going to be kind of boring in terms of news. Statistically right now it is technically a balanced market, but I think whatever information you analyze or read about the market you have to dissect into different components. The high-end, detached market is soft and will likely soften further, and my prediction is that in the long term it is not necessarily going to be where the demand is.”