Greed! (conclusion)

Imagine a seller who puts his property on the market, gets multiple offers, over-asking price, and STILL wants more!  What options does he have? What realistic options does he have? When is enough still not enough? (more…)

Greed!

I understand that we're in a hot real estate market right now, and have been for some time. I understand that sellers set lofty goals, and more often than not, they achieve them. But what happened this past Tuesday night...

Flip A Coin!

The following story is one of those tales that makes you say, "Oh yeah...a story like that's gotta be true!" Well, I have it on good authority that this actually happened... ....a real estate transaction was decided by the flip...

Bad Marketing Techniques

P.T. Barnum said, "There's a sucker born every minute." I can't help but think this every time I see shoddy marketing or advertising, be it in print, television, or in my own backyard: real estate. Here are my top-five most...

You Always Remember Your First…

The first one always makes a lasting impression. Perhaps you're nervous, maybe a little unsure of yourself or what to expect. Emotions are running high, and you have zero experience! Wait.....what the hell are we talking about? (more…)

The Lonely Open House…

When a real estate agent commits to an open house on Saturday & Sunday, 2:00 - 4:00PM, he or she usually has some idea as to how busy that open house should be. Some days you get only a few...

The Price is Wrong, Bob!

Remember on The Price is Right when a contestant would bid $1.00 when they figured that everybody else had overbid? I've heard stories about real estate "auctions" in other parts of the world where the properties were priced at $1.00...

Deal Of The Century!

The photo below is of my happy, shocked clients when they heard that they got the house of their dreams....at an unreal price. Two days later, and the smile on my face has yet to fade.  I can't even imagine how...

“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...

You’d Have to be INSANE…

Remember that episode of Seinfeld where Lloyd Braun wants to eat the hot-dog that's been sitting in the movie theatre snack-bar since the Silent Era? The snack-bar attendant says, "You'd have to be insane to eat that!" Then Kramer sticks...

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...

Going, Going….GONE!

My watch must be broken. My internal clock on my laptop as well. And my desk calendar----the one made from paper, well that one is, um...broken. I'm pretty sure it's the week before Labor Day, typically the slowest time in...

BIDDING WAR….The Conclusion!

"David, is everything alright?" asked two concerned agents as I shouted "Bwwaaaah!" "Uhhhh.....huh...." I replied as I could barely muster out any words. Here are some words: Shocked. Amazed. Dumbfounded. As I logged on to www.torontomls.net this morning and checked...

Why is Riverdale So Expensive?

Here's a statement a friend made to me the other day: "$600,000 for a semi-detached house in East York?  That's insane!" I informed him that Victor Avenue may be east of the D.V.P., and may be in the Metro East...