Steven Maislin's blog

5 ways your Realtor and I can help you behind the scenes

Few professions demand the same time commitment, dedication and versatility as I do.

The hours I spend in my car – shuttling from listing appointments to open houses, talking about life, love, and the ungodly state of the market – is but the tip of the iceberg. Then there’s the pile of off-hour tasks I need to fulfil, market trends to keep up with, legal knowledge I must possess, and expertise in interior design that make up just a few more reasons you shouldn't move without me.

Pre-construction contracts don’t leave wiggle room for market drops

In today’s real estate market, it’s not unusual for new home buyers to find themselves in a dilemma.

One situation can be that the value of the pre-construction house drops below the contract purchase price, and they cannot get enough mortgage financing to close on the deal. At the same time, they are unable to sell their existing house for enough money to provide the down payment on the new home.

I have several clients stuck in this situation. Some of my colleagues have clients with the same problem.

September 2019 Dear Friend,

26 Aug 2019

Broker's Best Practices: A Parcel of Tied Land (POTL)

Selling a property that features a Parcel of Tied Land (POTL) can impact a real estate transaction for the buyer, the seller and the REALTORS® involved. Therefore, it is crucial to recognize a POTL as a component of real estate.

If you come across a property with a POTL in your next real estate transaction as a TREB Member, whether you are representing a seller or a buyer, you must familiarize and engage in best practices by:

26 Aug 2019

Broker's Best Practices: A Parcel of Tied Land (POTL)

Selling a property that features a Parcel of Tied Land (POTL) can impact a real estate transaction for the buyer, the seller and the REALTORS® involved. Therefore, it is crucial to recognize a POTL as a component of real estate.

If you come across a property with a POTL in your next real estate transaction as a TREB Member, whether you are representing a seller or a buyer, you must familiarize and engage in best practices by:

26 Aug 2019

Broker's Best Practices: A Parcel of Tied Land (POTL)

Selling a property that features a Parcel of Tied Land (POTL) can impact a real estate transaction for the buyer, the seller and the REALTORS® involved. Therefore, it is crucial to recognize a POTL as a component of real estate.

If you come across a property with a POTL in your next real estate transaction as a TREB Member, whether you are representing a seller or a buyer, you must familiarize and engage in best practices by:

07 Aug 2019

August 2019 Dear Friend,

August 2019

Dear Friend,

July was an extremely busy month for the Toronto real estate market and all of the factors highlighted the “hot” market we are experiencing. With the total number of sales YTD being up 10.7 % over last year and the number of homes available for sale down 9.1%, multiple offers situations and homes selling at asking price or over and quicker were and are the natural result.

18 Jun 2019

Best Practices: Using Lock Boxes – What Brokers Need to Know

10 Apr 2019

April 2019 Dear Friend,

April 2019

Dear Friend,

Toronto Real Estate Board members reported 7,187 residential sales through TREB’s MLS System in March 2019, almost the same amount as the 7,188 sales reported in March 2018. While the number of sales remains the same, the number of new listings, homes available for purchase, was down by 5.1 % year-over-year. This lack of inventory has created a shortage of homes available for sale, resulting in multiple offers and a price increase of an average of 5% since January of this year.

06 Apr 2019

Integrity is the single most important Realtor skill!

integrity

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