Love It or List It

TODD TALBOT shares his passion for real estate

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“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.”

Now appearing in his 10th season as co-host of HGTV’s Love It or List It Vancouver, Todd Talbot is also the face of the Millionaire Lottery.

Taking over the role vacated by Wayne Cox, the affable Talbot has been at the helm for about five years.

“The great thing about this lottery is that it really is a dream. The packages are incredible and will obviously change someone’s life significantly. I’m not really a big house kind of guy…it’s funny
because I’m in the real estate world, so I think the assumption is always that bigger and fancier is better. But I drive a Toyota Tacoma, so if you want to draw the parallel to the car world, I like practical.

“People — unless they win a house — often need to stretch to buy something that they can’t really afford and it puts so much pressure on life.”

When he’s recognized as a TV host, the questions naturally ensue.

“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.”
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.”