Nov 23

Selling – Dealing With The Agent Who Already Has a Buyer

Buying And Selling

Law makers are waking up to some of the old school sales tactics that are unfortunately still common in the real estate business. CBC’s Marketplace ran their story (episode 44 – you can Google it if you haven’t seen it) about Realtors in Toronto working both sides of a transaction for the benefit of themselves […]

Nov 07

October 2017 Market Update

Market Updates

This month I think that two charts tell the 2017 story on their own, if you read between the lines. In an environment where more people are buying homes and condos than any time in the past 6 years, and simultaneously fewer people are offering their properties for sale, what would you expect to happen […]

Oct 25

Rise of the Real Estate Cash Offer Nightmare

Buying And Selling

Your home hits the market and bam! You receive multiple offers – how excellent is that? And now you have to decide which offer to work with, or to accept. A quick glance reveals that the prices are all very close, the closing dates are all acceptable, and there is little to obviously set one […]

Oct 19

Another Cap Rate Abomination

Investing

Some day I will have to write the complete story on capitalization rates in real estate. Knowing me, that will be a long article. There are many angles to cover, from its use and mis-use, misunderstanding and misapplication to the basics of what it measures and what it means.

Oct 12

Irrevocably Yours – Part 1

Buying And Selling

The irrevocable time on an offer – what does it mean? If you’re making an offer on a property, what time frame should you set? If you’re selling a property, how should you treat the irrevocable date on offers you receive?

Sep 28

Is Orleans Really Sinking (…and do you want to swim?)

Market Updates

A lot of people are talking about house prices in Orleans as though they are sinking like a sunset in 2017. Is it true? Is it time to head West? House prices at any given time are extremely dependent on their precise location. Asking how Orleans prices are doing is fine, but typically what you’ll see is that they are up in one area and down in another.

May 15

RED Alert 19

RED Alert

RED Alert number 19 is a character charmer in the Town of Perth. This one has plenty of lift potential with lots of cosmetic work to be done. A great retirement project and home for yourself, or potentially outstanding retirement income generator providing the perfect retirement setting for others.

Apr 11

House Price Angst

Buying And Selling

Two articles caught my attention today. You’ve probably heard that average home prices in Canada – particularly in Toronto and Vancouver – have been climbing like crazy.

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