April 29, 2016 13

Videos

Regent Park Is Not A Ghetto

I don’t know if we’ll ever truly rid the stigma of “Regent Park,” but honestly, when you consider how close this is to the downtown core, how far your dollar goes, and how nice some of these condos are, it’s really hard to cast the whole area aside if you’re an active buyer.

Seeing is believing, as I said in the following video.

And if you’ve only heard about the revitalization of Regent Park, and haven’t actually seen the new condos in the area, then take two minutes to watch this crudely-shot, shaky video I took last night while moving east along Dundas Street…

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April 27, 2016 10

Leasing/Renting

Why Do Tenanted Properties Usually Have No MLS Photos?

Well, if we’re going to talk about tenanted properties, there are a lot of other topics of conversation that could result.

Didn’t I get criticized once for saying, “All tenants are messy?”  I didn’t mean all.  Just 99% of them, geez!

If you’re a landlord, you’ll want to read the following court case regarding a landlord’s access to their property, notably when a landlord can access the property, and, you guessed it – when they can take photos…

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April 25, 2016 27

Videos

Backing Onto The Tracks!

Raise your hand if you’ve either heard somebody say, or if you’d said yourself, “It’s a great house….but it backs onto the train tracks.”

Is that an automatic deal-breaker?  Or simply something to factor into the overall value proposition?

I shot this video last night of not one, but two GO Trains passing by each-other, behind the fenced backyard of this house.  Let me know what kind of value you’d put on not having this behind your home…

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April 22, 2016 11

MLS Musings!

More MLS Musings!

If you’re new to TRB, then you might find to be an amusing distraction while you drink your morning coffee, or you might think this is a simple-minded alternative to talking about real issues affecting Toronto real estate.

However, I’m constantly shocked, but not quite surprised, at what makes its way into MLS listings, so I’d like to highlight (lowlight?) some of the most amusing images, descriptions, and mistakes that you might find while perusing the Multiple Listing Service.

And if you see anything out there that amuses you, please send it my way!

LaughEmoji

Let’s start with an absolute beauty!

I understand when agents try to “think outside the box.”  I get it.  I did it with this blog in 2007 and it seemed to catch on.

However, when you’re listing a 2-bed, 2-bath condo for sale, maybe you should show some of the condo, and not just…….the sink?

5Massey

No seriously, let’s count.  Just for fun:

6 photos of the sink
1 photo of coffee mugs
1 photo of fake flowers
1 photo of fake flowers…in a closet
1 photo of door handles
1 photo of a curtain on a floor
1 photo of a light fixture (actually pretty cool, but still…)
1 photo of a bath towel
1 photo of……..floor tiles?  What the hell is that anyways?

When did the CN Tower get so short, fat, and stubby?

Maybe this agent didn’t know how to properly size images?

FatCNTower

A friend of mine at P.S.R. is always sending me photos, and recently, there’s been a glut of “thumb photos.”

Check this one out:

FingerLens

Now that is the feature photo on MLS!

See how it says “1 of 3” in the bottom corner of the photo?  That’s the lead photo!

The property was re-listed last week (Gee, I wonder why it didn’t sell?) and guess which photo leads the pack?

This one:

Minto1

Awesome.

I wonder what the rest of the house looks like?

Maybe the backyard?

Minto2

That photographer must have the fattest thumbs in the world, seriously.

But for the life of me, I can’t figure out why somebody would take these photos, and either:
a) not see the thumbs
b) see the thumbs, but use the photo(s) anyways

There are ways to remedy really, really, really crappy camerawork.

If you take a tall, narrow, vertical photo, and you require a horizontal photo for MLS, simply open the file in “Paint” on your PC, and use the “Fill” tool to blot out whatever is on each side of the subject property:

FlagHouse

It looks like a flag!

Like Canada, if we used a “Cash & Carry” instead of a Maple Leaf…

Here’s a typo on MLS.

Trust me – I tried really hard to get that 205% commission…

205Percent

What the hell does the following refer to?

I understand that “Bramd Mew” is supposed to read “Brand New,” but what is “A; Pst” and what does it refer to?

Mispelling “chic” as “sheek,” I understand.  Well, I don’t, but it’s a turn of phrase…

But what the HELL is with the intro?

Bramd Mew

And at any point, does the agent not look at the listing and say, “HOLY CRAP!  I’d better fix that…”

This is a neat way of marketing………in Alabama.

Not Toronto though…

Beer&TimMcGraw

Okay this is hilarious!

Read it first before I give you my thoughts:

FlippingPermit

So did they mean:
a) “flipping building permit” as in the permit to flip the house?
b) “flipping building permit” as in “f****** building permit”?

When I get frustrated while writing an MLS description, sometimes I swear too…

And last, but certainly not least, the only thing worse than somebody’s thumb, is something that leaves you guessing for hou

 

April 20, 2016 15

Condos

Should Agents “Hold Back” Offers On Condos?

I know what you’re thinking, and yes, this is becoming a reality.

The saving grace for Toronto condo-buyers was always, “Well, at least we don’t have to ‘bid’ on properties like those miserable home-buyers.”

Well, all that is about to change; slowly, but if we continue along the path we’re currently taking, it won’t be long before this isn’t the exception, but rather the norm.

I don’t love it, but I understand it, and in many cases, I honestly can’t argue with it.  Let me explain…

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April 18, 2016 24

Mortgage

Monday Morning Quarterback: Mortgage Break Fees & “Fairness”

A story came out last Friday about an Edmonton couple who was “devastated” to find out that they owed TD Bank $17,000 in mortgage break fees.

I was going to play devil’s advocate and point out the illogical nature of that couple’s thought process, but I figured I’d give them a break.

Now having mulled this over the weekend, I just can’t let this one slip by.  I’m sorry, but if you read the article, you’ll see that the home-owners were relying on some sort of divine intervention or “have-a-heart” mindset from the bank, and I find that to be naive, irresponsible, and part of a growing trend among society where people don’t want to account for their own decisions and actions…

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