I had written about how you can get your offer accepted when heading into a multiple offer scenario and thought it would be fitting to talk about how you can promote a multiple offers from buyers when listing your property.  Please feel free to share and add to the list: List at Market Value or just below it - In a hot seller's market, sellers tend to loose focus and start asking exuberant amounts of money for their real estate.  A good strategy in situations as such is to list your property at market value which makes your property look as a great deal when compared to the market place Have...


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In light of my earlier post about a new record set in the Toronto Real Estate Board for highest percent of list price ever offered and accepted, I thought it would be beneficial to talk about what are the different ways that you can make sure your offer stand out from the competition and accepted by the seller. Offer over asking price - A lot of sellers are concentrated on the dollars hence it's the first item they look for in an offer. Letters to sellers - This is an item that I've used numerous times and occasionally works with sellers who would ignore a higher offer to favor someone they...


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This is blowing my mind away! I came across a news clipping from The Globe and Mail about a property in Willowdale that sold for $1,180,000. At first glance, no big deal, we see properties selling for over a million all the time here so why is it news worthy? It sold $421,800 over the asking price! YIKES! That's 56% over what the property was listed for! I want to point out that I'm not insinuating that the REALTOR involved didn't do their work or acted unethically in anyway but I'm dumb struck at what's happening! I reviewed the sales in the neighborhood and there were others that were...


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Having trouble viewing video? Click here An amazing investment opportunity! A grand Victorian Triplex is for sale in Cabbagetown with three self contained units and a double car garage. Extra deep lot with over 130 feet and very large outdoor deck and garden spaces.  It's perfect for a user/investor who wants to buy a home and have a portion rented out to pay for your mortgage. The property has two units rented and the third is vacant and can be rented or provided vacant for the buyer to move into. Here are the highlights of the property per unit: Main Floor - Apartment 1 - 2 bedroom...


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Having trouble viewing video? Click here I've found an amazing listing! The property is a 14,689 square foot building in heart of Hamilton, stone throw from downtown and was appraised in 2007 for $1.9M.  The property is on the market right now for an amazing price of $1, 475M and is an amazing opportunity for an investor willing to carry the property for a bit and rent out the spaces.  The projections for the property are included for your review below. Additional pictures and information is available here For more information, please feel free to contact me directly. Financial...


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TORONTO — When Debrah and Joel Weiss first moved to Toronto, they wanted nothing more than a proper house with a sprawling yard and lush garden. Four decades later, the retired couple is part of the condo craze — lured by the promise of a life free of clearing snow and scooping out eavestroughs, drawn to the gleaming glass-and-steel towers and newly scrubbed factory conversions that are reshaping Canada’s urban lifestyle. After years of living in cramped apartments in New York City, the Weisses craved space — enough to hold a few kids without forcing anyone to share a room, as they...


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February 3, 2012 -- Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto. “A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate Board President Richard Silver. “The buyer pool remains diverse in the GTA with strong...


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TORONTO, February 6, 2012 – The Toronto Real Estate Board (TREB), Canadian Real Estate Association (CREA) and four other major real estate boards across Canada have developed a new system to measure and provide clarity on home prices and home price growth: the MLS® Home Price Index (MLS® HPI). The MLS® HPI is calculated using a sophisticated statistical model that is a hybrid of both the repeat sales and hedonic price approaches. The MLS® HPI takes into account a home’s quantitative attributes (e.g. the number of rooms it has; square footage etc.) and qualitative attributes (e.g., whether...


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Having trouble viewing video? Click here A great new listing in the heart of downtown on Bay Street with a corner unit hosting 1035 square feet, 2 bedrooms plus den and two washrooms.  Updates include new flooring throughout, updated moldings, and new paint throughout.  Ease of showing with minimal notice! For more information or to schedule a private and personal visit, please connect with me here or on twitter @HeyAddy  


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