If you’ve had trouble selling your property in Toronto and are considering relisting it, you’re not alone. Many properties may sit on the market for months, and when they do, buyers tend to perceive them as less desirable. However, there’s no need to give up hope. By following a few key strategies, you can turn …
When selling a property, particularly one with a large lot, understanding the value of the land is crucial. As Leo Shiu, one of Toronto’s most successful listing agents, emphasizes,when it comes to selling a property, particularly one with a large lot, many homeowners assume that bigger automatically means better. However, in Toronto’s competitive real estate …
Maximizing Land Value: The Importance of Usable Lot Size in Toronto Real Estate Read More »
The Office of the Superintendent of Financial Institutions (OSFI) has recently announced a significant change to Canada’s mortgage landscape by ending the stress test requirement for uninsured mortgage switches. This move could have a profound impact on the real estate market, particularly in competitive areas like Toronto. What Is the Stress Test? The stress test, …
OSFI Ends Stress Test for Uninsured Mortgage Switches: Impact on Toronto Sellers Read More »
Toronto’s real estate market is known for its fierce competition, and when it comes to selling a property, the strategy you choose can significantly impact the final outcome. One of the critical decisions sellers face is whether to entertain a pre-emptive offer (often referred to as a “bully offer”) or to wait until the official …
How to Handle Pre-Emptive Offers in Toronto’s Competitive Real Estate Market Read More »
When it comes to selling your home in Toronto, there are countless factors to consider. Among the most critical decisions you’ll make is choosing the right real estate agent. Imagine a scenario where two buyers are competing for your property—both offer a similar price, deposit, closing date, and conditions. At this point, the question isn’t …
Why Choosing the Right Agent Makes All the Difference Read More »
In Toronto’s highly competitive real estate market, navigating the complexities of conditional offers is a common challenge for both buyers and sellers. A conditional offer is an agreement to purchase a property that includes specific conditions—such as financing approval or a satisfactory home inspection—that must be met before the sale becomes final. While conditional offers …
Handling Conditional Offers: Strategies for Success in Toronto’s Real Estate Market Read More »
When buying or selling a property in Toronto, Markham, Richmond Hill, or North York, it’s crucial to understand what truly drives a property’s value. One of the most important aspects is the usability of the land. As one of the leading listing agents in these regions, Leo Shiu emphasizes that it’s not just about the …
Toronto’s real estate market is a complex and dynamic landscape, particularly when it comes to selling homes that are 100 years old or older. Such properties often come with the potential for heritage home designation, a factor that can significantly influence the sale process. Understanding how to navigate these challenges is essential for both buyers …
Navigating the Sale of a 100-Year-Old House in Toronto Read More »
You’re finally ready to take the plunge and put your offer into action. You finally found something that is exactly what you need to suit your lifestyle, and you have the money to pay the asking price! You for sure got the house and started packing – not so fast! In a hugely competitive housing …
