Don’t be blinded by an agent’s commission rebate Reading time: 2 minutes Contributor: Yan Zhou from GTAHome.com Real Estate Team tags: commission rebate, buyer representation, buyer agent, real estate Sometimes people asked me about commission rebate. I understand commission rebates are a legitimate marketing tool and some buyer agents offer it to differentiate themselves in the...
Written by Jenny Gu, PhD from GTAHome.com Reading time: 2 minutes Tags: offer presentation, bidding wars, pre-emptive offer, pre-offer home inspection Please check out our blog on Is It A Good Idea To List A Property At A Lower Price To Create A Bidding War if you are a seller. My clients told me they hate bidding wars, but they are also interested to know how to win...
by JennyGu 
How does home size and usable space impact on the value of a home? Written by Jiayi Zhang Reading time: 2 minutes I often got questions by my clients: What’s the square footage of this house? House A is bigger than House B, what’s the price difference should be between the two houses? It is absolutely true that the size of the house plays a crucial role on its value....
How to pick a good tenant and verify their application information? Written by Yan Zhou Reading time: 2 minutes As a landlord, we are not necessary looking for the highest rent possible. In fact, paying the rent on time and taking good care of the property are the key items most landlords are looking for nowadays. If you did not select the tenant carefully, you may run into lawsuit and...
Tags: rent increase 2022, landlord and tenant board Estimate reading time: 2 minutes Written by Yan Zhou It is the new year and Ontario rent can be raised again. Last year the Ontario government put a freeze on rent increase due to pandemic. It was not renewed the year. If you are the landlord and you plan to increase you rent. Here are a few points you need to keep it in mind. when the...
Pros and Cons of buying and selling an assignment Written by Yan Zhou For Buyer: Pros: You may get a discount compared to a brand-new property. Some assignment sellers have difficulty to obtain mortgage or try to avoid paying for the closing costs, so some sellers are willing to sell with a discount, normally it is about 5%. You may be still able to pick the interior colors. Please...
Is it a good idea to list a property at a lower price to create a bidding war? Tags: bidding war, offer presentation, property selling strategy, listing Estimate reading time: 2 minutes Written by Yan Zhou Why I would list a property at $999k when I know the property would worth around 1.4 million dollars. I recalled one time I met with a seller for listing presentation. We...
This event was done last December and congratulations to our new Richmond Hill mayor David West! A total of nine certified candidates are running in the 2022 Richmond Hill mayoral byelection slated on Jan. 24. An all-candidate event was held virtually Dec. 19 by Ontario based, non-profit organization Active Community Engagement (ACE). Eight of the nine candidates took part in the...