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 […]
Tag Archives: Toronto
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 […]
Real Estate Ethics
How many times have you heard someone try to justify unethical behaviour by saying “but it was okay to do that because it was business”? I don’t know about you, but I don’t buy that. Not at all. There isn’t one set of rules for our personal personas and another for our business personas. Ethics […]
Should You Renovate or Move?
This isn’t the type of question to which there’s a “one size fits all” answer. (Just like most real estate questions, don’t you find?) Every situation is different so the best way to figure out which way to go is to analyze your own situation by asking yourself the following questions: 1. Why do you want to move? […]
Why Timing is Everything!
If the three most important things in real estate are location, location, location, then the fourth, fifth and sixth most important things are timing, timing and timing. Some timing issues are fairly obvious. For example, don’t try to time the market perfectly because that’s pretty much impossible. Also, if you have a choice, don’t list your home […]
How Much Does Staging Cost?
We’ve already discussed what staging is all about in Is Staging Necessary? so I’ll assume you agree it’s a useful and necessary component of the house selling process. At this point, the question running through your mind is probably something to the effect of “how much is this staging business going to set me back?“. That’s […]
When Should You List Your Home?
When should you list your home? I hear this question almost as often as I’m asked How’s the Market? The best time to list your home depends on your circumstances. Do you live in Toronto? In what area? What kind of home do you have? Do you need to move by a certain date? There’s […]
Bulls, Bears & Regular People – Part 3
So you’ve read Part 1 about bulls and Part 2 about bears and don’t think you fit neatly into either category? That’s perfectly okay. Maybe you’re a regular person, which is probably the best thing to be when it comes to residential real estate. It’s time to find out! You know you’re a regular person if you […]
Bulls, Bears & Regular People – Part 2
If you read Part 1 and don’t think you’re a real estate bull, then maybe you’re bearish on the Toronto real estate market. How can you tell? Here are a few signs to look for to determine if you’re a bear: You know you’re a bear if thoughts like these cross your mind…… 1.You’re of the […]
Bulls, Bears & Regular People – Part 1
There are as many opinions about the real estate market as there are people who have opinions. Some people are bullish (prices will keep going up), some are bearish (prices and the sky will soon fall) and some are in between. Which way to turn and who to believe? Or should you form your own […]
Toronto Real Estate v. New York Real Estate
Everywhere you look someone’s talking about the real estate market. What do you make of this quote from a recent article in the Globe & Mail (Feb. 25, 2013): “Manhattan is in the throes of a boom in ultra high-end condos that has drawn wealthy people from around the globe and shattered previous sales records. The […]
Real Estate Ethics Quiz
I was watching an episode of The Newsroom the other day when I realized that some of the shows I’ve enjoyed most over the years have been about people doing what’s right and standing up for what they believe in. I’m all about being honest and doing the right thing, but I’m in a business […]
3 Keys to Great Buyer Service
When Advocate Realty was formed in 1995, the idea was to create a real estate brokerage that would get it right. A place where you could be sure that your best interests would always come first and that you’d receive the best service possible. I was reminded of this recently thanks to a couple of good […]
Avoid Overpaying
I don’t know about you, but I don’t like overpaying. Yes, there are times when we might overpay for things because we NEED them right away or REALLY want them, but don’t you usually shop around to get the most bang for your buck or is that just me? What about when it comes time to […]
A Letter From a Caring Realtor
Dear Toronto Home Seller or Buyer, It’s time someone tells you the truth about what’s happening in the Toronto residential real estate market. Knowing the truth and ignoring all the misinformation that’s out there will improve your chances of buying your dream home and lessen the chances of you selling your home for too little. I […]
When Will the Spring Market Begin?
This is one of those questions to which there is no precise answer. The start of the Spring Market varies from year to year and is influenced by factors such as the weather, the number of buyers who didn’t find homes in the Fall, when sellers are ready and willing to list, etc. Why do […]
Should You Do a Pre-Inspection (homes) or Order a Status Certificate (condos)?
Pre-inspections are becoming more and more common. If you’re not sure what a pre-inspection is, it’s a home inspection done by a seller before a home goes on the market. It has several benefits. First, depending on the area and the type of home, buyers may expect to see a pre-inspection. If one isn’t available, […]
Is Staging Necessary?
Staging your home before putting it on the market has become common these days, especially because it has been shown to produce superior results. Some people are hesitant to stage their homes because of concerns about the expense and time involved. If this sounds like you, don’t be concerned. Staging has been given different interpretations, but essentially, it means preparing […]
2 Good Times to Buy (1 is Now!)
People often ask “What’s the best time of year to buy a new home?”. There’s no correct answer to this question because many factors that affect the market change from year to year. But I’ve noticed a few trends over the past several years that seem to indicate that there are some good deals to be had in November and June. […]