Conditional Offers

28 09 2007

What does it mean to have a “firm deal”?

If both parties agree to the contract, isn’t it as good as done?

In a market where sellers usually have the advantage it IS possible for the buyer to hold all the cards…

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Listing of The Day: 255 Richmond Street

27 09 2007

$272,900 for 660 square feet?

Well, there must be something wrong with this unit, right?

Where’s the chalk outline of a dead body?  Which neighbour runs a curry emporium out of their condo?  When are maintenance fees scheduled to increase by 225%?

I can’t find anything wrong with this unit.  In fact, this gets my “best value of the week” award…

richmond01.jpg Read the rest of this entry »



“Holding Back on Offers”

25 09 2007

Why do sellers usually “hold back on offers” when selling their house or condo?

Why would they choose to list their property on a Tuesday, but not look at a single offer until the following Monday?

Allow me to be hypocritical for a moment and say that while this frustrates me to no end when I’m helping my buyer clients, I would NEVER allow one of my seller clients to NOT hold back offers themselves…

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Listing of The Day: Soho Lofts!

24 09 2007

Not to be confused with the Soho Hotel & Condominium at 350 Wellington Street, Soho Lofts at Yonge/Eglinton was the first of now several buildings to use the name “Soho.”

This building is in an amazing area, has gorgeous features, and is excellent value.

But there are TWO major problems I have with the building, that I personally couldn’t overlook…

soho02.jpg Read the rest of this entry »



Snoop Bloggy Blog…

24 09 2007

Some of you may have noticed a few problems with the Toronto Realty Blog lately.

We had a virus on the website and a few bugs that might have re-directed you to a spam page for software.

As well, the format & interface has been changed around a bit.

I have my crack-team working on this problem day and night, and rest-assured, these bugs will be squashed…



Sad Day in Real Estate

22 09 2007

Agents at Bosley Real Estate and people throughout the entire real estate industry are mourning the loss of Krista Stryland.

Krista passed away suddenly on Thursday evening, far before her time should have come.

Krista was an exceptional agent, and an even better person.

krista.jpg Read the rest of this entry »



Should Realtors Pay Land Transfer Tax?

20 09 2007

Another day, another newspaper article that has got under my skin.

Why are everybody ganging up on Realtors these days?

Is it just because real estate is the hot topic of the year?

You won’t believe what one newspaper columnist suggested…

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Listing of The Day: 301 Bessborough Drive

19 09 2007

Here is the recipe for a $2,000,000 house:

Take a $939,000 house from an estate sale.

Add permits, plans, and permissions.

Spend $600,000 in renovations.

Carry the cost for six months…

301bessborough.jpg Read the rest of this entry »



Phantom Bids

19 09 2007

Did anybody see the article in the Saturday Star “New In Homes” section about phantom bids in real estate?

This article really shook up our office, as our own office manager was called into question in the article.

Here’s a brief summary of the findings…

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Listing of The Day: 222 The Esplanade

17 09 2007

My plan today was to do a feature on “the cheapest condo listing in the downtown core.”

For under $200,000, you can still get a bachelor condominium unit with no parking.  It’s not ideal, but many people just want to get out of the “rental rut” and plant some roots.

In the process of searching for the city’s cheapest listing, I stumbled upon this unit at 222 The Esplanade that just absolutely blows my mind…

esplanade01.jpg Read the rest of this entry »