Holy Sh**! I would have paid that

When you are in a multiple offer situation and you are unclear of your direction;  here is some wonderful advice I recently absorbed.    

• Is you offer so good that the Buyer's will Say   Holy Sh**!
• Once you find out how much the house sold for, Is your response "Holy Sh**! I would have paid that!

In an effort to Aide transparency  RECO is amending and adding clauses to REBBA

 On April 18, 2013, the Minister of Consumer Services proposed new legislative amendments to the Real Estate and Business Brokers Act, 2002 (REBBA) through the Stronger Protection for Ontario Consumers Act. This proposed legislation would apply new rules for the real estate sector that would affect both REALTORS® and consumers.The proposed legislation consist of:

• Requiring real estate salespeople and brokers acting on behalf of a buyer to only present offers in writing

• Requiring the brokerage acting for the seller to retain copies of all written offers received, providing clarity for buyers and sellers

• Allowing home sellers and buyers to negotiate a combination of fees and commissions with a real estate professional, tailoring the cost with the services consumers want

For more information regarding the proposed amendments, please visit: http://news.ontario.ca/mcs/en/2013/04/strengthening-protection-for-home-buyers-and-sellers.html 

In a recent Multiple offer situation;  once we selected the final bid, I had  copies of the other offers to display to the BIDDER. There is nothing wrong with honesty and disclosure.

What do you think?

Will you write offers differently?

DEMAND to have your offer presented in person

You are selling your house.. I want to present my offer in person... 
Why? I represent the interests of the Toronto BUYER and I want to ask these simple questions. 



Was this house every used for Notorious means? Death, Grow Op, Drug House? What else is on this street? REALTORs are required under the Real Estate and Business Brokers Act [REBBA] to disclose any “material facts” that could affect the value of a property, including a murder, suicide or suspicious death. Is there anything in this house that would negatively impact my buying decision? Is there anything on or in the YARD of your property that impacts my decision? Maybe a buried Oil tank or septic bed? Is there anything happening in the neighbourhood that should be aware of when considering your home? I should know about new hydro towers, wind turbines. Buying a house is not just sending in a FAX or email Offer. Its getting all the answers so you can make an informed decision Call me 416 233 9000