Feedback matters when selling your home!
I have a rigorous process in our office of following up with all the agents that have shown our seller's property to collect feedback and submit it to the seller on weekly basis. We start our process by emailing the agent three hours after the showing has been...
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List to last OR Listings are the gift of real estate Gods!
I first heard this saying when I was starting out in this business in the late 90's and never really understood what it meant. This is the time when the real estate market was going through a lot of change including the advent of Buyer Representations....
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Money is made and lost during purchase in real estate. A well crafted purchase agreement not only protects the buyer against foreseeable liabilities but also provides grounds for favorable terms to execute the agreement. Following are my top five terms that I ask when representing my buyers for investment...
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I know these are harsh words but hear me out!
I recently had the pleasure to represent a buyer during the negotiation of their new investment property. The property had four residential units which were all occupied by tenants with the longest one, a sweet old lady, there for over 10 years. This information...
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I've been meaning to write the blog post for the past two weeks and have been so busy with the projects underway including our Friends of Winchester Park project.
I recently sold a condo unit for a client that was referred to me by another client. The condo, while updated, was in an older building...
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May 17, 2012
Feedback matters when selling your home!
I have a rigorous process in our office of following up with all the agents that have shown our seller's property to collect feedback and submit it to the seller on weekly basis. We start our process by emailing the agent three hours after the showing has been completed through automated means. This doesn't always work as most agents ignore the email or just delete it. The next morning, we print a report of all the showings that have taken place yesterday and start burning the phone lines to contact real estate agents. We used to call the office...
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May 16, 2012
List to last OR Listings are the gift of real estate Gods!
I first heard this saying when I was starting out in this business in the late 90's and never really understood what it meant. This is the time when the real estate market was going through a lot of change including the advent of Buyer Representations. As a novice entering the market, i failed to understood the significance a listing has on a REALTOR business. It's been over 10 years and having been in a business for a while now, I appreciate what listings allow me as an agent to do. Here are my top reasons why listings are good...
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April 28, 2012
Money is made and lost during purchase in real estate. A well crafted purchase agreement not only protects the buyer against foreseeable liabilities but also provides grounds for favorable terms to execute the agreement. Following are my top five terms that I ask when representing my buyers for investment property purchases. Please note that I'm not a lawyer and your particular situation warrants a further review and legal advise from counsel.
Staged deposit: As an investor and a real estate agent, I don't advise my clients to put all their deposit money into an agreement up front. I usually...
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April 24, 2012
I got another story for you today!
I love the open market and what it allows individuals, professionals and businesses to do! The open market offers freedom and allows individuals to compete among other professionals and businesses and offer innovation in products and services. This also drives the price lower for the consumer as more entities are competing for the same business. A mind set is also at play here where some think from a mindset of scarcity and others from abundance. I won't go into too much detail about the mindset but will touch a bit about it.
I'm dealing with another...
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April 19, 2012
Have you ever liked a home that you've just seen on your first trip and can't justify liking it without going out again to see other houses?
I'm dealing with it right now!
If I had a real estate agent, I would force him or her to take me out and see other places just because, "we have just started looking!" I know why I have this feeling.
I enjoyed the home search process
It gave me time to spend with my PIC where we aren't thinking about groceries or dog walks or work etc...
We spent a better part of the afternoon hoping open houses, seeing houses and enjoying the neighborhood.
The...
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April 14, 2012
I'm starting a new home search!
This will not be the first home I've ever bought but its definitely a first experience to buying a home to live in exclusively. I'll explain!
The first home that I ever bought was with my brother and the whole family was to be living in it. We still own that house in Brampton and the purchase process was quiet unique. We are a big family with six siblings and though my two sisters were happily married and living in their own homes, my mother insisted that it be a big enough home where they could come and stay. My mother is a home maker and has spent her life...
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April 12, 2012
I know these are harsh words but hear me out!
I recently had the pleasure to represent a buyer during the negotiation of their new investment property. The property had four residential units which were all occupied by tenants with the longest one, a sweet old lady, there for over 10 years. This information wasn't disclosed on the listing nor were the rental amounts being charged to the tenants. I had to call and get the information from the listing agent who didn't have all the expenses which we ended up estimating.
The property while not meticulously maintained was in good condition with...
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April 9, 2012
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April 4, 2012
I've been meaning to write the blog post for the past two weeks and have been so busy with the projects underway including our Friends of Winchester Park project.
I recently sold a condo unit for a client that was referred to me by another client. The condo, while updated, was in an older building that was kept up very well compared to the neighboring buildings and there were lots of updates being completed including the whole underground parking garage.
We met in early March and spoke about what they were looking to achieve by selling, discussed their options and started working on getting...
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March 16, 2012
It has been an interesting week for me and one of my clients! Thursday started off with a BBM early in the morning while I was at the bank that read, "F*** me" and followed with a story that went on to explain that the property is flooded. Let's go through it in a bit of detail and lay out all your options if this was to ever happen to you!
Back in February, I sold a property for one of my clients and yesterday was the, oh so happy, closing day that turned into a mess. My client was doing the last load of laundry in his unit at 4:00 AM when the washing machine malfunctioned and caused...
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