Mississauga Real Estate Blog

Yesterday, I received the buyer's bank draft deposit made out to "RIGHTH AT HOME REALTY INC., BROKERAGE" -- note the misspelling of "RIGHT".  Fortunately, head office confirmed it would be ok.  But for a moment there, I was left wondering if the deal was dead, still alive, or just in limbo -- esp...

One of my clients repeatedly uses a particular general contractor because this GC knows his stuff, has a crew, and strikes an acceptable balance between cost and quality.  This GC is always busy.On one project, the GC managed to secure a second reno job on a nearby street.  (Darn nosy neighbours....

In casual conversation with neighbours (and their guests) at a client's home, someone mentioned having an investment property for sale (main floor restaurant, 2nd floor apartments).  My client's ears perked up as the owner talked on and on about his property.  My excited client wants to drive by ...

About 100 were camped out 3 days in advance for a release of 107 townhouses, dubbed Picket Fences II, by Daniels Corp., near Winston Churchill and Erin Centre. Unlike the condos at Beyond the Sea (estimated completion 2010), PF2 is already built with occupancy reportedly as little as 30 days. Sou...

ArroganceBuyer agent was told to present his client's best offer, in light of a superior offer.  He was advised of the Seller's objections.  But instead of bringing an improved offer, he shows up to defend the earlier offer.  In the end, his clients did not get the house they wanted, and he lost ...

Buyers should work with a Realtor to find properties that meet their criteria - be the early bird, not the wormThe prospective buyers happened to drive by and saw the house.  By this time, the home has already been on the market several days, with some Buyer agents already bringing their clients ...

The Buyer agent presented a strong offer (3% below asking).  Unfortunately, it had a number of conditions, not the least of which was "sale of buyer's home".  Moreover, he insisted that the commission to the co-operating brokerage be increased from the market norm:Here's how he defended the offer...

It sounds good.  "Multiple offers".  But is it?  Were these offers received at the same time for consideration?  Or was it one failed offer, after another?Ideally, a listing agent would receive all the offers at one time, present it to the sellers for consideration, select the best one, and eithe...

It bewilders me that some Buyer agents don't take the time to do the extra research to properly fine tune their "comps" -- not even full-blown CMAs, mind you.  You can tell as soon as they start "defending" their offer:they used too narrow a search area (e.g., the same block)they relied only on M...

Sure, we can agree that on a flip, there's a maximum on how much should be spent, once you consider the costs of acquisition, renovation, commissions, closings, and carrying, factor in a desired profit margin, and project what the market would bear.  After all, making a profit is the goal for inv...