I hear Spring is the best time to sell

By: Lindsay Smith

I hear Spring is the best time to sell

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, COVID-19, spring real estate, summer real estate, sellers market, buyers market, spring, spring market

One of the things about selling real estate locally for 3 decades is that year after year, in regular markets, the timing of when homes sell is predictable. Many of the clients I work with are making their last move, so a question I get asked on a pretty regular basis is, What month is the best time to sell that will give me the highest selling price?”   In a regular market, the answ...Read More

The truth about holding offers.

By: Lindsay Smith

The truth about holding offers.

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale

When inventory is low, you have to be creative. Holding offers, offer presentation dates, bully offers and pre-emptive offers. This “new language,” has come into our vocabulary to explain how the selling process operates in a market where inventory is at record lows. At first glance, it is easy to determine that a sales rep and a Seller make the decision to “hold offers” t...Read More

I sold my home. Can I take the lightbulbs?

By: Lindsay Smith

I sold my home. Can I take the lightbulbs?

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale

Recently I have heard some banter about a Buyer who moved into a home and found there were items missing that they felt they purchased with the home. I can imagine how disappointed and frustrated the Buyers were on moving day. Over the past 3 decades selling real estate locally, I can count on one hand the number of times I have had items removed when they were meant to stay with the property. My ...Read More

Oshawa buyers from Toronto are starting to value the real estate and the lifestyle

By: Lindsay Smith

Oshawa buyers from Toronto are starting to value the real estate and the lifestyle

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale, leaving the city, GTA

When I started my career in Real Estate in the mid-1980s the thought occurred to me that I would build my business faster if I relocated to Toronto. I chose to stay in the Durham region. Since then, I have seen the values in Toronto outpace the eastern suburbs year after year. I wondered if I made the right decision. From 2005 to 2010 central Toronto increased by 36% in value whereas Oshawa increa...Read More

What Real Estate and Shopping Local Have in Common

By: Lindsay Smith

What Real Estate and Shopping Local Have in Common

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale

This past week I spent some money. I visited the Oshawa Farmers market, picked up lunch from a local restaurant and loaded up a cart at Costco. Why is this important to a Real Estate column? The point is that I have, for the past 36 years made my living helping people buy and sell homes locally and when paid for my work, I invest my income back into local businesses and our local community. In thi...Read More

If you were a contestant on Jeopardy: Oshawa Basement Apartments for $200, Alex.

By: Lindsay Smith

If you were a contestant on Jeopardy: Oshawa Basement Apartments for $200, Alex.

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale

What is a Legal Basement Unit Called? Straight from an episode of Jeopardy, this is a question that seems to be a mystery for many — Buyers and Sellers alike. As a real estate Broker, I see homes being listed or sold with the definitions, duplex, in-law apartment, accessory apartments and second living areas. I admit it can get confusing. I thought it would be a good time to review what th...Read More

Is this the time to sell a home with flaws?

By: Lindsay Smith

Is this the time to sell a home with flaws?

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale

Last week we had something happen that still has me shaking my head. We placed a home on the market for sale that was needing some TLC. Actually, the home was in need of a considerable amount of tender loving care. It had knob and tube wiring and needed new baths, kitchen, flooring, wall repairs and someone to remove the duct tape from the kitchen wall. We priced the home $70,000 lower than a com...Read More

How hot is the market?

By: Lindsay Smith

How hot is the market?

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale, seller's market

We recently had a listing that we guided our client to price his home based on a sale that took place 3 weeks ago. The comparable property was fully renoed. Our house needed tens of thousands in upgrades.  • Knob and tube wiring needed removal • The house needed new flooring • The walls needed refinishing • Trim, Kitchen and Bathrooms all needed to be redone W...Read More

What's the difference between an Exclusive listing and an MLS listing?

By: Lindsay Smith

What's the difference between an Exclusive listing and an MLS listing?

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale, clarington real estate, treb, mls

I have driven by a home on my way to work over the past month or so with an “exclusive listing” sign mounted on the top of the sign. I thought about it often as it has not sold, causing me to ponder, as my son would say “what the heck?” Before we dig into the question of why a Seller would choose to list a home exclusively, let's look at the history of exclusive listin...Read More

Experience and Instinct tells me housing prices are not coming down for a while

By: Lindsay Smith

Experience and Instinct tells me housing prices are not coming down for a while

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale

    September has finally arrived. Are you glad to see the summer almost over, or, are you happy to be one month closer to 2021? My business for 2020 has been nothing short of bizarre. We began the year in a super busy uprising market. The values were increasing dramatically from early January, and then mid-March, when the economy mostly shut down, the values started dropping. I will ...Read More