Jan 262014
 

As long as new home construction lags (as it has for many years even in growing areas of the GTA like Oakville), upward price pressure will continue for resale homes. Thirty years ago, according to the National Association of Realtors, people moved on average every 5 or so years. Today, that number is over 12.

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Jan 092013
 

Royal LePage, Canada’s largest and oldest real estate brokerage released their quarterly Royal LePage House Price and Market Survey yesterday. It calls for very modest home price appreciation over the next few years. This view is largely shared by TD Bank Financial Group, the Ontario Real Estate Association, and leading real estate lawyer and commentator Mark Weisleder.  It is the view I support

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Nov 222012
 

Once an offer has been accepted, there are only two ways that transaction can be cancelled. If it is a conditional offer, the Buyers may not waive or fulfill the conditions. Once the offer is firm, only a mutual release signed by both parties and the real estate brokerages that represent them can cancel the

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Nov 122012
 

A listing (representing the seller) realtor relies on a selling (representing the buyer) realtor to bring their serious buyer client to view and make an offer on their listing. The selling realtor will have qualified their buyer client and likely have entered a buyer’s representation agreement with them. Listing realtors need to ask detailed questions of buyers and their realtors who bring offers.

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Nov 092012
 

Two keys when listing; Your home becomes a product for sale; Buyers must be able to visualize themselves and their possessions in your home and they often do this within 5 minutes of viewing your product. Realtors see many homes on a weekly basis-it’s part of the job! For this reason, realtors know there is a

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