THE Most Important Thing

Selling your home now is different from what selling your home would have been earlier in the year. The rules have changed because the market has changed. We’re no longer playing the same game. One of the ways I know this is because it’s been a while since I’ve heard someone say “Any monkey can […]

Market Update – August 2017

Welcome to summer 2017. The market is typically quiet during the summer and this year is no different. I remember summers when I was a kid. The whole family would head up to my grandparents’ place in the Laurentians as soon as school ended and we’d stay up there until Labour Day afternoon. Paper thin […]

Government Action and Market Reaction: What Will the Market Do?

The Toronto real estate market is a very hot topic these days. And when people talk about the market, the hottest topic of all is “What’s the government going to do to cool things down?” Well, it looks like we’re going to find out soon enough because the government is poised to introduce measures that […]

Can You Sell Your Home Twice?

Selling your home twice is a very interesting concept, isn’t it? Especially when prices are as high as they are. Imagine being able to get twice as much money as you thought you’d get. And if you COULD sell your home twice, there might also be studies comparing sale prices of the same properties at […]

List Now or Wait for Later?

The residential real estate market in central Toronto typically slows down during the holiday season. Not because buyers decide to take a break from looking for new homes (although some do), but because sellers take a break. Who wants the stress of putting their home on the market when it’s full of decorations and guests? […]

How I Would Buy a House (or Condo)

Let’s pretend I’m you. Or you’re me. It doesn’t really matter. And let’s pretend you want to buy a house in central Toronto. Even with all the knowledge and experience I’ve accumulated during my 25 years in the business, buying a house won’t be a slam dunk. No question about it, buying a house in […]

Explaining the Inexplicable in Real Estate

We’ve already established that the world of real estate is weird (see Weird Real Estate Stories if you don’t believe me). It’s also unpredictable as you’ll remember from It’s Not Over Til It’s Over and some of the things that happen are downright Unbelievable But True. But apart from the things that are weird, unpredictable […]

Making Sense of the Market

We had just finished representing our respective buyer clients in a multiple offer situation which resulted in the sellers receiving a jaw dropping, unjustifiably high price when my Realtor friend asked me “What is happening in this market, Michael?” I’m not sure she expected an answer because I don’t think anyone really knows what’s happening, […]

Buyers’ Revolt

“It sucks to be a buyer in central Toronto these days.” While this isn’t the most elegant language, I don’t think I could’ve put it better myself. It’s too early to start throwing around words like revolution, proletariat and manifesto, but the time for those words might not be too far off. Buying a home […]

Are You Overpaying?

I sit and I watch and I listen to them debate. And I wonder to myself “Can one of these guys really be President?” And then I catch myself and remember “There are as many points of view as there are people because everyone’s different. And just because someone thinks a certain way today doesn’t […]

Selling Off Market

Before we get started, there’s something I have to confess.  I enjoy a nice piece of pie. Quite a lot. Mostly fruit pies – apple’s my favorite – but I won’t turn down a piece of lemon meringue or pumpkin pie. And every once in a while I eat a piece of humble pie. I […]

Letter to Sellers

“Dear Mr. and Mrs. Smith, My name is Jim Johnson and I’m a sales representative with ABC Realty Ltd., Brokerage. I may have clients who are interested in buying your home and are willing to pay top dollar for it. If you’re considering selling, please contact me so we can discuss this in confidence.” Letters […]