Sometimes everyone involved in a real estate deal is lovely. Sometimes it can feel like this must be a practical joke. Here’s some red flags that tell us that the agent on the other side might not be at their best.
When is a semi-detached house worth $25M? Scratch that. Why would an agent think a semi-detached house could be worth $25M? Let’s take a look at one listing to figure out why.
Real estate deals don’t happen unless the seller and a buyer come to an agreement on the value of the property. Here’s a sale that took almost a year to happen and a $940K drop in price.
A mandatory cooling off period on real estate purchases sounds like it might be helpful, but the way it’s being implemented in BC almost guarantees it will make things worse for buyers and sellers.
In typical markets, about 16% of listings are actually relisted properties that failed to sell the first time around. Our current market isn’t typical and that number is significantly higher depending on where you are located.
Can you lose money by trying to save money? In real estate, cutting commissions to the buying agent can end up costing you a lot more than you think and might be a very dumb idea.
There are a series of unwritten rules in real estate and a couple of the most important are how your listing strategy communicates your sale price expectations. Here’s our behind the scenes explanation of how it works – and how it doesn’t if agents don’t follow the rules.
Some properties are listed at a price that is really just reflective of what the seller wants to get, not what it’s worth. It can feel like you’re negotiating with a toddler and is often unsuccessful. Here’s our approach to developing a pricing strategy that actually gets the home sold.
One of the biggest factor that impacts housing prices is the level of supply, which has changed dramatically in 2022. Here’s the active listings we’ve seen so far this year for each type of housing. It’s honestly astonishing.
