Real Estate Commissions

It has come to my attention that majority of the public has no idea where their real estate commissions go. Even those people who have hired a Realtor, sold through that Realtor, and paid commissions have no idea who receives...

Apples and Oranges…

People come into the real estate market with a lot of misconceptions. Sure, people are far more intelligent, educated, and informed about the market than they used to be, but I find this also makes them more stubborn. Would you...

Is The Market In Trouble?

It is if you are a buyer... The media constantly talks about this impending "market correction" or some sort of "bubble burst," but from where I stand, it's just not happening. Let me tell you about a couple of my...

Let’s Agree….To Disagree…AGAIN!

As promised, here is the sequel to Tuesday's post about a certain company's "2008 Market Forecast." I was so distraught after reading their "Forecast" that I went ahead and "forecasted" myself drinking a six-pack of Corona and passing out on...

A Day In The Life…

....of a new real estate agent! This poor girl just started at our office, and already she's having a difficult time. While I sympathize with her trials and tribulations, it makes for a rather funny story... (more…)

If You See Just ONE Film This Year…

You can't turn on CNN without hearing the terms "credit crunch," "sub-prime mortgage," or "national debt." There is a documentary film that everybody and their grandmother MUST see right now.  It's called "Maxed Out," and it's on Rogers-On-Demand this month. You'll find...

Spring Has Sprung!

Is it just me, or was it FOURTEEN degrees outside on Wednesday? My calendar says January, but the thermostat says mid-March. Perhaps this is the reason for the unusually...um...unusual January real estate market we are now experiencing... (more…)

How Much Is Home Insurance?

The cost of home insurance is rising. And since I've typed this, the cost has surely gone up again. As mortgage rates seem destined to come down again over the next six months, the cost to insure your property will...

“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...