“Bully Offers”

We have finally come up with a term to accurately describe an all-to-familiar new practice in the real estate market. Some people are still wrapping their heads around the "Hold-back on offers." Well, Bully Offers have taken things to a...

The New Land Transfer Tax

Just like the Leafs' 5-1 loss to the Ottawa Senators last night, we should all say, with respect to the new land transfer tax in Toronto, "We totally saw that coming"... It's been a little more than two weeks since...

Miller’s Day of Reckoning…

Visualization. Picture a small child holding his hand over an electric stove, moving it towards the fiery red element. Fast forward, and picture that child twenty seconds later. The words, "WOW....this was a bad idea" certainly come to mind. Take...

Pre-Construction Nightmare!

I continuously promote the purchase of pre-construction condominiums & townhouses in Toronto as an excellent investment vehicle. However, it doesn't always work out in the end. On Saturday, there was a terrific article in the Toronto Star that featured a few...

Marijuana Grow Houses

Imagine you are a discerning buyer, and you find your dream home. Would it bother you to know that a few years back, it was used as a marijuana grow house? Yes, or no, it's still your right to be...

Conditional Offers

What does it mean to have a "firm deal"? If both parties agree to the contract, isn't it as good as done? In a market where sellers usually have the advantage it IS possible for the buyer to hold all...

“Holding Back on Offers”

Why do sellers usually "hold back on offers" when selling their house or condo? Why would they choose to list their property on a Tuesday, but not look at a single offer until the following Monday? Allow me to be...

The Real Estate Calendar

As we approach mid-August, the real estate market is two weeks ahead of the slowest time in the real estate calendar, and yet two weeks from perhaps the busiest time. We are going to see a flurry of activity the...