Month: June 2017

A couple of weeks ago, I wrote about RECO’s bulletin on “escalation clauses,” and how they were, in my opinion, illegal and unethical.

I got some push back from some of my readers, but perhaps we can agree to disagree for now.

In any event, a lot of the old-timers were joking that escalation clauses were used in the 80’s when the market was slow, painful, and at times – more creative.

So is it any coincidence that escape clauses are making a comeback?

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I wonder if Google will pick up those keywords, and I’ll get a hell of a lot of emails about properties in Newmarket…

Anyways, as I mentioned on Friday, I’ve been tracking the post-Victoria-Day listings as I wanted to get a better sense of what properties are selling, and more importantly how they’re selling, ie. with respect to under-listing and holding-back offers, or offers any time.

So let’s look at what I’ve accumulated over the past couple of weeks, and see if we can’t draw some conclusions about the market, and about where your strategy should be, as a seller…

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