Ask me anything. Anything at all. And I promise you an honest, straightforward answer. I’m here to help and I’m happy to do so. Don’t be shy because there’s no such thing as a stupid question. If you haven’t been selling real estate every day for the past 20+ years like I have, no one expects you […]
I Heard Mayor Ford’s Finally Keeping His Campaign Promise to Abolish the Toronto Land Transfer Tax. Is That True?
Ask me anything. Anything at all. And I promise you an honest, straightforward answer. I’m here to help and I’m happy to do so. Don’t be shy because there’s no such thing as a stupid question. If you haven’t been selling real estate every day for the past 20+ years like I have, no one expects you […]
Should We Choose a Variable Rate, Short Term or Long Term Mortgage?
Ask me anything. Anything at all. And I promise you an honest, straightforward answer. I’m here to help and I’m happy to do so. Don’t be shy because there’s no such thing as a stupid question. If you haven’t been selling real estate every day for the past 20+ years like I have, no one expects you […]
Special Flood Issue – July 2013
After the Flood – A Homeowner’s Checklist. If you or anyone you know is experiencing flood issues, you might find the following checklist helpful… Read More… Safety Tips. Toronto police and city officials have published tips for residents to stay safe, whether they are at home or traversing the city’s rain-soaked streets on Tuesday. Read […]
6 and a half Tips to Help You Survive the Summer Market
The Summer Real Estate Market has officially arrived! Not that you’d know it by the weather. Or by what’s going on in the real estate market, which is unusually active for this time of year. Although the real estate market in central Toronto hasn’t slowed down yet nearly as much as it has in past years, it’s […]
It Finally Closed – Part 3! A Real Life Case Study
To pick up where we left off, it’s now about a month before closing and the buyer had just called ME, even though he wasn’t my client, to tell me that he was having trouble arranging financing. If you’d like to review all the details and all the lessons learned so far, and there were […]
It Finally Closed-Part 2! A Real Life Case Study.
So where were we? Right. Our sellers had just accepted one of the fifteen offers they received for their property. The buyer was a builder who had given a significant deposit. And the documents had been sent to the parties’ respective lawyers. (For a full recap of what happened, see It Finally Closed! A Real Life […]
It Finally Closed! A Real Life Case Study.
It finally closed!! The deal I thought might never close. The deal that took as much of my time as 10 other deals. The deal that should be in the real estate training manual for all the things that can be learned from it. But I’m getting ahead of myself. Let’s start at the beginning. […]
Things That Don’t Matter
When it comes time to estimate the fair market value of a home, all that matters is this: “How much are similar homes selling for?“. Why is this all that matters? Because if you’re buying, why would you pay more for Home A when you can buy Home B, which is very similar, for less money? […]
It’s a Mine Field Out There!
Residential real estate is a mine field. There are so many things that can go wrong it would be impossible to list them all. That’s why it’s important to recognize potential problems in advance and know who to call for advice so they can be avoided. You may need to speak with a plumber, an […]
Appreciation Trumps $$$
Peggy: You never say thank you. Don: That’s what your paycheque is for. Michael (in a rare cameo appearance): Don, money’s not enough. People want to feel appreciated for what they do and a paycheque doesn’t do that. In my books, saying please and thank you and being honest, considerate, respectful and grateful are the […]
Fix That Leak!
Preparing your home for market involves a lot of work. At times, you may feel overwhelmed by the amount of work you have to do and might be tempted to leave some things undone. Resist that temptation! Here’s why: A few weeks ago, a client asked me “Do I really need to fix that little […]
Selling “Off MLS” Can Be Risky
For different reasons, some people prefer to sell their homes without listing them on MLS. It may be because they don’t want the hassle of buyers parading through their homes or because they think they’ll save on the commission or for some other reason. Whatever their preference, my view is that they’re entitled to do […]
Is Your Home REALLY New?
How would you feel if you thought you bought a brand new home, but found out later that it wasn’t really all brand new? I know how I’d feel, but I can’t use words like that in a blog like this. In the older parts of Toronto, some builders incorporate part or all of the […]
Get That Signature Witnessed!
Have you ever wondered why it’s important that signatures to an agreement be witnessed? If you have, you’re not alone. Recently, we’ve done deals with other agents who have tried to tell us that signatures don’t need to be witnessed if an offer is negotiated by fax or email and that it’s okay to witness […]
Commission Side Deals
Buyers who don’t have their own agents either go to open houses or ask the listing agent to show them the home. Recently, many buyers like these have been asking me if they can put their offer in through me. This has been happening with increasing frequency not just to me, but to many other agents, as […]
Be True to Your Word. Say No to Bully Offers.
It’s time to talk about Bully Offers because they seem to be rearing their ugly heads more frequently lately. (Two agents have called me in the past three days saying their buyers want to make Bully Offers.) That’s to be expected in this type of real estate market because when buyers get frustrated by not […]
How About Realistic List Prices?
Lots of people don’t enjoy buying or selling a home, partly because of how the system works. When you want to buy something in a store, one look at the price tag tells you how much you’ll have to pay. When you want to buy a home, you can look at the list price, but […]
Kudos to My Client!
The media’s focus on bad news often results in good news and good people going unnoticed. This is true in real estate, as well. One of the things I enjoy most about being an agent is learning about people because buying or selling a home often reveals a person’s true personality. My client (let’s call her Sam) […]
Should You Take That Offer?
When it comes time to buy or sell your home, you have to be prepared to negotiate. You may get lucky if the person on the other side of the table offers you everything you want, but that doesn’t happen too often. Most of the time, you’ll have to decide if you should take an […]