February 28, 2014 7

Business

Changing The Offer Date

You can’t control what other properties come onto the open market when you’re planning to list your own home, and sometimes, you need to change course, or go with a plan-b.

The amount of inventory coming on to the market is unpredictable, and whereas sometimes, you can starve in a given area for weeks at a time with no listings, other times, you’re overwhelmed by the amount of new product.

Earlier this week, three similar houses, all in the same area, reviewed offers on the same night.

I thought it was a mistake, and that one or two of the properties should have changed offer dates, but they didn’t.  And the results were somewhat expected…

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February 26, 2014 21

International

Would An Olympics In Toronto Help Our City?

Or would it result in mayhem for the next ten years?

With the 2014 Winter Olympiad now complete, COC President Marcel Aubut has gone on record saying that Canada should consider putting together a bid for a future games.

Toronto is going to be mentioned, as it’s the biggest city in Canada, and has never held the games.

Some Torontonians think an Olympic Games would ruin the city, and some think it would help build infrastructure that we so desperately need.

What do you think?

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February 25, 2014 13

Opinion

Beware Of The “Yahoo”

We’re so brainwashed as a society that when we see “Yahoo,” we automatically think of the website that started as a search engine but is now the world’s biggest Internet portal, and the #4 website on planet earth, according to Alexa.com.

But once upon a time, “a yahoo” was a person who was nuts.  Crazy, unpredictable, illogical, and unreasonable.

The “yahoo” has his or her place in the real estate dictionary as well, and has for quite some time.

Who is the “yahoo?”  He’s the person who makes you say, “That house sold for WHAT?”  He’s the person that wins the bidding war……..by a country mile…

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February 24, 2014 5

Business

How Long “Should” It Take To Buy A Home?

I put “should” in quotation marks for a reason.

I’ve always maintained that any time a person, be it a friend or a complete stranger, starts a sentence with “You know what you should do…” it’s going to be advice you really don’t to hear.

I was told last week that it “should” take six months to buy a house or a condo, and that a buyer “should see 30-40 places, minimum, before buying a home.”

Is that sound advice? Or is it the opinion of somebody who is ultra-conservative, and scared, and trigger-shy?

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February 21, 2014 2

Photos Of The Week

Photos Of The Week!

Just because it was a short week, doesn’t mean I didn’t see a lot worth sharing!

They say “a picture paints a thousand words.”

Well, the photo below basically paints my life, and every man’s life, to a “T.”  Admit it, guys – you know what this is like.

We may as well just sleep on the darned floor…

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February 19, 2014 53

Toronto Politics

Please Toronto: Raise My Taxes!

Last Saturday night, I met a young man at a party who said, “The property taxes we pay in Toronto are utterly insane, and now the city wants to RAISE them?  Bastards!”

I have a rule that when I meet somebody at a party, and they take a stance on finance, politics, economics, or (gulp!) real estate, I rarely engage them, since it often amounts to a little more than a you-know-what contest.

But this time, I couldn’t help myself.  This young man’s perception is so incredibly distorted, and I fear this might be the perception of many other Torontonians.

Personally, I wish the City of Toronto would raise my property taxes.  Please, kind sirs, go ahead…

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