Trends Cost Sellers Money

Every new and widely-adopted trend changes what’s considered “standard.” When this happens in real estate — inside or out — a seller’s non-trend or off-trend house or condominium unit may become “substandard” in buyers’ eyes. Sellers who expect top dollar for their property must ensure it makes an on-trend impression with homebuyers, especially millennials. In… Read More

Tech To Attract Affluent Home Buyers

HGTV reported 46 percent of consumers see smart-home technology as important for their current and future residences. But luxury homebuyers are willing to make the ultimate sacrifice. According to Digital Interiors, 94 percent of buyers surveyed would sacrifice 1,000 square feet of living space for more technology in their new home. Oversized houses are no… Read More

Maximize Your Selling Price… Minimize Your Expense

There are two parts to how to get the highest possible price for your home while minimizing the cost of getting your home ready for the market… that is, putting the most money in your pocket. The first is correct pricing; the second is spending money only on those things that will add more value… Read More

When Does The Seller Have To Move Out On Closing Day?

Moving Van

Most sellers and buyers are at least a bit confused about this question. The standard wording of the Purchase and Sale Agreement says that the Agreement “shall be completed by no later than 6:00 p.m. on the _____ day of ____________, 2011. Upon completion, vacant possession of the property shall be given to the buyer unless… Read More

How to Make Long-Term Real Estate Decisions

No longer is there an automatic last move for boomers—that is, being moved into a HOME. No longer is there a “last stage” of adult life that dictates an end to independence and to living in a home you love.  Aging in place, or staying in your own home as you age, even if you… Read More

I Want To Sell My Home – How Much Work Should I Do?

Getting Your Home Ready to Sell

You’ve started looking for a new house, and you’ve seen a couple that you like. Your present house has served you well, but the last major renovations were done almost 20 years ago. How much work should you do to get the house ready to put on the market as soon as you buy the… Read More

Selling Your Home Over The Holidays? Don’t Be A Curb Appeal Scrooge

If your house is currently for sale or if you’re considering listing it, you may be wondering whether you should bother at all with holiday decorations this year. In a word: yes. But there’s more to it than that. There’s a long way between Scrooge and The Griswolds. It’s hard to argue with the fact… Read More

Will New Mortgage Rules Disrupt the Market?

Last October, the federal government introduced mortgage rules that required anyone needing mortgage insurance (less than 20% down payment) to pass a ‘stress test’ to prove that they could afford the payments if mortgage rates were to increase. The Bank of Canada’s posted rate, approximately 2% higher than the rates actually available, was chosen as… Read More

Changes Coming To Multiple Representation

Real estate agents represent seller clients through Listing Agreements, and represent buyer clients through Buyer Representation Agreements. These contracts obligate real estate agents to: Always work in the best interests of the client; Protect the confidentiality of the client’s personal information; Disclose all information that could affect the client’s decisions; and Carry out the client’s… Read More

Home Ownership: Marriage vs Common Law

Unhappy Couple

Do you assume the house or cottage you share with your life partner belongs to both of you, or are you positive you understand who holds legal ownership? Assumptions can be expensive when it comes to money and real estate. “The garden is as much mine as yours,” yelled one homeowner to his spouse when… Read More