Leo Shiu

Leo Shiu's Realty BLOG

Name Change Clauses in Offers: What Sellers Need to Know

In real estate transactions, buyers sometimes include a name change clause in their offer, allowing them to switch the name on the property title to a different person before closing. This clause can...

Should You Sell a Rental Property Before or After the Tenant Moves Out?

When selling a rental property, deciding whether to list it while the tenant is still living there or to wait until they’ve vacated can be tricky. Both options have their pros and cons, and the best...

Maximizing Return on Renovations Before Selling: Expert Tips for a Small Budget

When preparing to sell your property, even with a limited renovation budget, you can make significant improvements that increase its appeal and selling price. A few well-targeted upgrades can have a...

How to Price Your Home Accurately in a Market of Misleading Low Listings

In today’s Toronto real estate market, it’s increasingly common to see properties listed at prices well below their actual market value. These artificially low prices, often posted without an offer...

Selling a Condo with Legal Issues? Here’s How to Beat the Odds and Close the Deal!

Selling a condo in Toronto can be challenging, especially when the condo corporation faces a lawsuit. These situations are becoming more common. They often involve disputes over payments to...

3 Steps to Bring a Dead Listing Back to Life

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...

Maximizing Land Value: The Importance of Usable Lot Size in Toronto Real Estate

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...

OSFI Ends Stress Test for Uninsured Mortgage Switches: Impact on Toronto Sellers

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...

How to Handle Pre-Emptive Offers in Toronto’s Competitive Real Estate Market

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...