Smells in Your House can make or break a sale

Smells in Your House can make or break a sale

The first thing I notice when I walk into a house  is the smell, and it usually determines my attitude toward the home. If a homeowner has too many plug ins or artificial scents,  I go turn them off for a few minutes in order to smell what’s going on.
The basement is a key indicator of any mold, cracks, or water leaks. Sometimes you can smell these things when you open the door to the house, or are at the foot of basement stairs. If I can smell it from the front door, that is a bad sign you have some issues. You might also be able to smell gas, and fumes coming from the furnace. I walked into a showing one time, and the place smelled like gas. The owner really had no clue that the furnace was leaking some gas, very faint. One spark, and that house would have been lit up for us all.
Smells in the house can also determine how the owner takes care of the house. You can generally smell whether or not furniture, or closets are normally kept clean, or if they are just being quickly cleaned for a showing, and are trying to mask the true smell. You can smell if there are pets in the house, and whether or not those pets have damaged the floors by peeing on them. You can also smell if the owner has not cleaned up a mess properly, and is just using water and not disinfecting it properly.
Outside of the house, you can also use odor to detect how the owner takes care of the greens, plants and bush. The greens should smell fresh, like a golf club, not smell like a marsh, which has a dry dead smell.
The attic like the basement is generally where light bulbs go off when using your nose to detect mold, and water leaks. The smells are very clear, and you sometimes don’t even have to go in to smell the wood rotting.
When selling a house, make sure that you are cleaning the house properly, and fixing any issues that may arise during a home inspection. Don’t just try to mask the problem. You may have to use ozone, and get a professional to come in and remove bad smells.

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Virtual Staging

Virtual Staging

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 personal experience, I think that this is setting your potential buyer up for a disaster when they go visit the house. If they don’t visit the house and buy the property online line (ya right!) then it is a great way to showcase the house.

Here’s the thing, when they go to the house, and see empty rooms, they are going to be disappointed, it is deflating to expect to see a beautifully arranged house, then go and you look at empty rooms.

While some people might have an imagination, some and most people don’t. I learned this the hard way of being in this business for a while. You say “oh, its just a little clutter, image the house without all this garbage and plants everywhere”. That doesn’t work at all, or I would say, Imagine a chair here, and a chair there,” meanwhile there is a huge table thats in the way.

There are some special people out there, that can imagine what a house might look like when they get there, and they may also refer back to the photos with the virtual furniture, but lets face it, its a new gimmick that cheap agents and home sellers are going to start using because they don’t want to properly market their house.

The bottom line is, you want to sell your house and get the most for your home. Stage it, clean it, renovate it and stop being cheap with the agent and the stagers. Spend the money, and the money will come back that the house deserves.

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read more

Over Rated Home Features

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....

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read more

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read more

Price Drop 30% put into Perspective

Price Drop 30% put into Perspective

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 make it seem like the prices are falling into the Grand Canyon. If this stat means anything is that the prices were so crazy last year and now they have stabilized.

While the prices of homes has dropped, there is a scarce amount of inventory right now. We are seeing some bidding wars in select neighbourhoods, and in others its business as usual with homes inspection clauses and finance clauses.

There is a lot of uncertainty right now. Certain buyers and sellers must continue on with their transactions and search. Here’s the thing, people get married, divorced, have kids, retire, pass away and everything else that goes on with life. There are people that can wait for a magic market, but in realty all those things above happen.

  What’s the Market like?

 I get this question a few times a day. Prices have dropped a bit but, in reality they are still high. They are not going to fall to the ground. If you look at the market of the past 30 years, it goes up and down, and then up again. So while this little dip is a fun little hill ride, I caution the people waiting to buy right now, this market is going to come roaring back up like a rollercoaster soon.

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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

Price Drop 30% put into Perspective

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

Are You Ready For Your Information To Go Public?

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

ADDITIONAL COSTS WHEN BUYING A HOME

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 insurance....

read more

Over Rated Home Features

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....

read more

Uber is Not Like Real Estate!

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

Transit Solutions Would Help Lower GTA Prices

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

Why You Should be Underpricing Your House For Sale?

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

Would You Go Into a Court Without a Lawyer?

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

Liberals Are Going to Tank This Market!

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

Will the Market Bounce Back This Year?

Will the Market Bounce Back This Year?

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 that there is simply too much demand and too many people who need housing here in Toronto. All the regulation and all of the taxing might scare people away for a while but in the long term prices will bounce back. Here are the reasons why the prices will not stay low too long.

1. Interest rates: The interest rates are simply too low. Unless the rates go up drastically, and I mean drastically, than the interest rates are low.
2. Demand: Too many people want to live in the city and the GTA. We live in one of the best cities in the world and people want to be as close to it as possible for so many different reasons.
3. Low Unemployment rate: The rate is relatively low in the GTA compared to other countries and provinces. There are many jobs and people who can afford to pay for houses.
4. High Immigration rate: There are a lot of people coming here for school, jobs and investment into the country. People want to live here.
5. Domestic & Foreign Investment: Despite the government trying to sway foreign and domestic investment with taxes, there is high investment from everybody in the GTA and outskirt cities. Even with the government wetting their beaks at every level of investment, there is still money to be made with regards to rental and tear downs and so on.
Even with the announcement of the interest rates going up, and will go up in a few months, this still will not shatter the market. As you can see, the market in Toronto and Vancouver is bouncing back, and with whatever scheme they come up with, it would be only a matter of time when prices bounce back and continue to sky rocket in these two markets. As for the rest of the country, the federal policies will hurt those already slow markets.

READ RECENT BLOG & ARTICLE POSTS BELOW

Virtual Staging

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

Price Drop 30% put into Perspective

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

Are You Ready For Your Information To Go Public?

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

ADDITIONAL COSTS WHEN BUYING A HOME

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 insurance....

read more

Over Rated Home Features

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....

read more

Uber is Not Like Real Estate!

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

Transit Solutions Would Help Lower GTA Prices

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

Why You Should be Underpricing Your House For Sale?

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

Would You Go Into a Court Without a Lawyer?

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

Liberals Are Going to Tank This Market!

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

Are You Ready For Your Information To Go Public?

Are You Ready For Your Information To Go Public?

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 a right to it. I get it, but it doesn’t necessarily mean that it is right. The question is, do you want to have all of the information out there, while everybody else will have access to your information?

Recently The Toronto Real Estate Board lost an appeal to the competition board, which would allow real estate companies to post your information on websites. What information? All of it. Information regarding the sale of your house, how much you purchased it for, information about the history of your house sales, and information regarding how many purchases or investments you have.

Now many people will say that why is it fair that only real estate agents have access to this information? Well for one thing, we pay for it, but lets just say that the information is released as it is in the U.S., what would exactly happen? One thing that will happen right away is that corporate companies will be able to see what you own, and will be able to sell that information to get more information about you. The next thing that everybody will know is how much you sold or bought your house with. I’m not sure about you, but I don’t want my nosey boss telling me hey, “I saw you own two houses in Toronto and Mississauga” you’re not getting that raise!

Have you heard of Zillow Zestimates, its the worst thing to happen to Real Estate. Its where Zillow a huge corporation, tells people what your house is worth based on public sales information available. Zillow is constantly in court because their Zestimates has under valued a house, and houses sat on the market due to their value given, which doesn’t even know what upgrades or work has been done to the house.

Here is what is the official update regarding this case taken from TREB.

December 21, 2017 — The Federal Court of Appeal has today issued an Order directing a stay of the Competition Tribunal’s Order of June 3, 2016 pending the determination of TREB’s application for leave to appeal that order to the Supreme Court of Canada. Today’s order will ensure that the personal information of home buyers and sellers remains safe while the Supreme Court of Canada decides whether to hear TREB’s appeal.

Let Me Know what you think about your information getting out there? Are you OK with this?

READ RECENT BLOG & ARTICLE POSTS BELOW

Virtual Staging

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

Price Drop 30% put into Perspective

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

Are You Ready For Your Information To Go Public?

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

ADDITIONAL COSTS WHEN BUYING A HOME

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 insurance....

read more

Over Rated Home Features

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....

read more

Uber is Not Like Real Estate!

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

Transit Solutions Would Help Lower GTA Prices

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

Why You Should be Underpricing Your House For Sale?

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

Would You Go Into a Court Without a Lawyer?

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

Liberals Are Going to Tank This Market!

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

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