When I do an open house or put a house up for sale, I always get a few questions about features that I always say, why do you want that. Here they are:
1. Central Vacuum: Why do you want to lug around a snake and try to clean the house? Its simple, its called Dyson. Dyson makes some of the best cordless, or corded vacuums on the market. Get out of the 80’s and get one of these. They clean better, and you don’t have to carry a snake around the house scratching your floors.
2. Stainless Steel appliances: Yes when they first came out, they were flashy, and they still do look better than cheap white appliances, but, its not new. You can buy nice ivory or black or other colours now.
3. Dining Rooms
Separate Dining rooms or “Show Rooms” I like to call them are a thing of the past. Nobody really uses them, and it generally a waste of space, you use once or twice a year. Yes, there are a few people that use them regularly, but most people don’t. Look for a house with a bigger kitchen, bigger living area, or open concept.
4. Huge Frontage
Who uses the front of their house grass? You want the space to be in the backyard. Look for houses which are bigger in the back, and minimal in the front.
5. Gyms or amenities
For those that live in Condos, gyms and pools and amenities are rarely used. Most gyms in condos suck and are small, and most don’t use the pool or amenities. Its better to find a condo that doesn’t have these so the fees are cheaper and you can spend your money on a proper gym.
READ RECENT BLOG & ARTICLE POSTS BELOW
There has been a lot of advances in technology this year, and one of the areas is virtual staging. It has come down so much that some agents are looking at this as viable alternative to staging, rather than have the place look empty on photos and videos. In my...read more
The prices of sales in the GTA have come down 30% from last year. Let's put this stat into perspective. The prices from January to April sky rocketed and then came down after that. Of course they are going to be a lot lower since the prices jumped so much. The media...read more
The Liberal Government both at the Federal and provincial level as well as Mayor of Toronto seem hell bent on bringing down the prices of real estate to make it affordable for everybody. In some imaginary world this is going to stick. The problem is with their plan is...read more
I read the articles, I read the comments, people want information. They want it all. That is the new way of doing business. They want all of the information that real estate agents have access to, and they want it for free, and they want it now. People think they have...read more
I've had enough of these builders and you should really beware before buying a new build. Over the past 10 years I've been selling Real Estate, I've had one bad situation over another with my clients. The past two years, I've reached my limit and I'm here to say don't...read more
The purchase price of your home is only one of the costs you'll encounter. Here are other possible costs you need to consider: Mortgage loan insurance: If you are putting less than 20 per cent of the house value down, you're going to need mortgage loan...read more
I read articles all the time written by Real Estate agents who are trying to convince themselves that we are in a good business to be in, and that it is necessary to use an agent for every transaction. In Toronto, put up a sign and your property will be sold by the...read more
One thing that can truly help lower GTA prices are some major transit solutions. It is apparent that the GTA market and all of the surrounding areas have gone buck wild in the past few years, and especially in the last few months. So many sales records have been...read more
Its all about quantity and impression.When people are buying a house, they get into some-what of a HEAT! Underpricing Your House drives that heath up. I would call it a hunter gatherer mind set. Buyers are constantly on the hunt, and one thing that I've noticed is...read more
The liberal government has announced that they will be doing something to calm the renting hikes from landlords. While this is a good thing for renters, it could be a detriment to housing and landlords going forward. Some landlords have already become proactive and...read more
While the Ontario Government cut this John Tory's dream of having a great highway into Toronto short, I believe he was on the right path to increasing the value of Real Estate. When I heard they were going to add some sort of toll to cars going into the city, I was...read more
Buying a house and using the listing agent is like going into court without a lawyer to represent you. Each and every time I have a listing, I have somebody calling me asking me "what's the price if I don't have an agent and buys directly though me?" I always want to...read more
What is the one thing the liberals are looking for right now? Votes and money. The way that they will try to get both is to try and capitalize on this hot real estate market. The middle & lower class does not like the fact that they cannot afford any real...read more
Right now marijuana, and grow ups are a fairly minimal concern when buying houses. Agents typically put a clause that the owner never grew or has known about any grow ops in the house, but this is about to change next year. What is changing is that July 1st, 2018,...read more
Solar roof panels are the ugliest feature to attach to your house. I tried to sell a house once with solar panels and nobody wanted to even think about it. The panels were bulky and ugly, and the technology to save the power to batteries was messy and confusing. ...read more