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The Importance of Reputation
“Reputation is like fine china. Once broken, it is very hard to repair.” — Abraham Lincoln On my way to work this morning, I caught an interview with a woman who had a “nightmarish” experience with a moving company. She commented that she found the company doing a google search and did a bit of…
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Helping Agents become better Realtors in Durham Region
I had a newer agent reach out to me, exasperated about how the market has shifted over the past few months. After a few minutes, I realized that they were unsure of how to manage the sale of a property they had on the market.For context, here is the reality of our professional Real Estate…
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Bubbles are things kids get excited about
I read a headline this week that I saw covered repeatedly online and on radio. (I do not own a TV however I am certain it was front and centre there as well.) It was penned by Manulife Financial; “Nearly 1 in 4 homeowners would have to sell their home if interest rates rise more.”…
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Getting accurate real estate information.
Musings from a cocktail bar in Yorkville, Toronto. Where do you go for accurate information on local Real Estate? When I say local, I mean Durham Region. It is challenging to wade through the dozens of articles that lead with shocking headlines, only to be followed up with questionable journalism. Here is an example: Reuters…
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Is it Time to Buy a Home or Sell a Home in Durham Region?
We have all been sensing a shift in the Real Estate market for the past month and rather than sound the alarm bells, lets get past the “click-bait” headlines and look at what direction the market is truly heading. The alarming news – Overall, the supply of active homes for sale in Oshawa, Whitby and…
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When Experience Matters in Real Estate
Let’s get honest for a few minutes. Our market is shifting, and we don’t know how long the shift will hang around. It might be a few months like we saw in 2017 or a 13 year drought after the housing market went sideways in 1991. However, there is some data that can shed light…
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Buying Netflix Stock in today’s market
There is a tie-in to Real Estate if you stay with me for a few minutes. In February if you decided to buy one Netflix share you would have paid $457. Today, you would pay $194. If someone suggested that you would pay a higher amount you would laugh. The prices for Real Estate are…
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Flipping Houses in Oshawa, Whitby and Clarington
I recently sold a home in Oshawa and the story behind another similar home in the neighborhood had me digging in to how “flips” work. I thought I would share my research into what happened to the home down the street from the one I was asked to help sell. I am going to keep…
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The Durham Real Estate Market is Tanking
Did I grab your attention with that headline? Headlines exist to cause a reaction, and over the past few weeks I have had 2 experiences with Agents offering on homes I had on the market for sale, where the Agent narrative mirrored was being shared in the media. The first, was with a property I…
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Average Home Prices in Oshawa, Whitby and Clarington
Let’s take a quick look back in time to see where the values have been before we look at where they are currently. I began my career selling Real Estate in 1986. So long ago that the Real Estate Board does not have individual statistics from that prehistoric age. When I started our three communities…
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