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The Call Out - Episode 1 - Current Trend of Reducing Commission

Thursday Dec 5th, 2019

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The current trend that I've been seeing for the last little while now is this idea that if a Listing Brokerage is to show a buyer one of their listed properties and that buyer ends up buying that specific property with another Brokerage, then the Listing Brokerage is automatically going to reduce the commission that is being offered to the Co-operating Brokerage.  Here are my thoughts on this ... To the Listing Agents, it is your duty to sell that property. Who are you really... [read more]

Don't Panic! Ontario's Fair Housing Plan Isn't Affecting The Real Estate Market Yet

Tuesday Apr 25th, 2017

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The phone's been ringing and emails have been pouring through with home sellers ready to hit the panic button after the introduction of Ontario's Fair Housing Plan package on April 20, 2017. Take a deep breath and relax ...  Without getting into any details of this plan, let's simply look at the overall real estate picture in the GTA in the last 60-90 days and forget about the government's plan. Going back to February, the Toronto Real Estate Board... [read more]

What Is A Boutique Brokerage?

Thursday Apr 6th, 2017

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There are many definitions of what a boutique brokerage is, but when it comes to Manor Hill Realty, we know exactly what we are.  Different! We are not your typical 'big box' real estate company where every agent is offered the exact same courtesies which then translates into clients receiving the exact same services. Nope, we are different.  We are a business that offers customized service to our realtors and to our clients. Each one of our realtors receives... [read more]

To Buy First Or To Sell First, That Is The Question

Friday Mar 31st, 2017

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When it comes to buying or selling first, we would generally advise our clients that putting your house up for sale while looking for a new home would be a good strategy in lining up a purchase and a sale.  Essentially, you only have one property to sell and multiple properties to choose from to purchase.  So if you had to do one first, selling would be the logical choice.  Not only would you be in a position of knowledge for your personal financial situation, but... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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