May 30, 2014 33

Stories!

Being Prepared: Is It A Double-Edged Sword?

Stay with me here, folks!

I’m not trying to get all metaphorical on a Friday, or look for any sort of deeper meaning here (although the photo below is pretty cool!), but rather I came across two similar situations this past week, which had entirely different results.

As a buyer, being prepared to submit your bid in a multiple offer situation is of the utmost importance.  But is there such a thing as being too prepared?

Follow my story – and you’ll see what I mean.  It truly is a double-edged sword…

Read More

May 28, 2014 19

Condos

“LOUD NOISES!!!” Welcome To Condo Construction In Toronto…

“They can’t get away with this, can they?”

That’s what a friend asked me the other day, when a truck pulled up at 12:30am on a Saturday night, and workers got out, with flashlights, and scurried into a condo construction site to complete work under the radar when seemingly nobody was looking.

There are rules for condo construction, and noise by-laws, but do they do any good?  Are they actually enforced?

A blog reader emailed me a video the other day, which shows EXACTLY what is going on at 7:01am.  Listen to the noise, and just realize that only some of it is captured on video…

Read More

May 26, 2014 8

Business

Three Illogical Conversations About Pricing

When I see a crazy price, crazy pricing strategy, or just a downright batty property listing, I always think the same thing: how did the conversation go?

I’d love to be a fly on the wall when a real estate agent and a seller discuss the price, and see what kind of logic is present.

The truth, which we all know, is that there is no logic.

There’s probably no conversation either, but just to really hit home how stupid some sellers can be when it comes to pricing, I’d like to illustrate three fictitious conversations, which all lack anything resembling logic

Read More

May 23, 2014 25

Condos

Condo Hell?

Have you read the article in Maclean’s this month entitled “Condo Hell?”

It was brought up at our weekly office meeting, by somebody that asked, “Is this stuff true?”

Believe it or not, folks, not everybody has lived in a condo, and not all Realtors have enough experience to know if an exposé like this represents the day-to-day goings-on in a condo, or perhaps some of the worst incidents, all wrapped into a nice tagline.

If you haven’t read the article, do so.  It’s lengthy, but it’s worth it.

As for whether or not this is the norm, there’s only one way to find out…

Read More

May 21, 2014 35

Business

Bait & Switch

Buyers are tired of seeing a property up for sale at a given price, only to see the seller change the price later on – having never had any intention of letting the property go at the original list price.

Is this fair game?  What are the “rules” in real estate?

Is this just a case of buyer-beware, or do you really, really believe that if a seller lists his or her house for $1, that they should be somehow “forced” to accept that price if it were offered to them?

The opinions on this one will differ, depending on where you find yourself in the market, but ignoring the extremes, let’s look at a couple of more reasonable examples…

Read More

May 20, 2014 8

Photos Of The Week

Photos Of The Week!

Oh you bet I’ve been saving these up for some time now!

It’s been a month since my last edition of Photos Of The Week, and there are some real doozies here!

Sometimes, I feel blessed to get to go in and out of so many houses and condos during the course of a week, and see as many amazing, and weird, things as I do.

This week’s feature will offer equally as many amazing items as weird ones.  But then again, what’s weird to some, might seem completely normal to others…

Technology

Read More