David and David on Real Estate

Market Update (June 2021)  Body: - With the market continuing to shift, we are seeing buyers change their mind when submitting firm offers. - What does signing under seal mean? Where did signing under seal originate? - Would the signature mean something different if it wasn’t signed under seal? - If a buyer signs under seal, can the offer be revoked before the irrevocability time/date? what i...

Market Update (June 2021)  Body: - With the market continuing to shift, we are seeing buyers change their mind when submitting firm offers. - What does signing under seal mean? Where did signing under seal originate? - Would the signature mean something different if it wasn’t signed under seal? - If a buyer signs under seal, can the offer be revoked before the irrevocability time/date? what i...

Market Update  (May 2021)  Body: - Quick stories: buyer walking away from firm offer, conclusion, our agent resold the property for 20k more to a different buyer - Consistency in training brings big results - talk about table tennis - you see Professional tennis players practice before a match - you see Professional NBA players mimic a free-throw before taking the actual shot - Atomic Ha...

Market Update  (May 2021)  Body: - Quick stories: bad faith / good faith $100,000 deposit and buyer not being able to close on time - Quick stories: buyer walking away from firm offer, offers on another property. Our agent cannot induce buyer to break contract - Sales / promotion is the #1 job of any business owner or entrepreneur - Part of being the best version of yourself is to invest...

Market Update (May 2021)  Body: - If you are an end user , you have to focus on the fundamentals: Location, location, location - as long as you buy well, and you see yourself in the house over the long term, you will do well - certain pockets / neighbourhoods are always in demand no matter what - more upscale neighbourhood, less motivation / necessity to fire sale if market shifts - Low inter...

Body: - If deposit is not dropped off is the deal automatically dead? - Meaning of “time is of the essence” - If an offer is signed on Saturday at 2pm, when does the deposit need to be dropped off? - what happens if the deposit is received late? - meaning of void and voidable - does the deposit need to be certified / bank draft or can it be regular cheque - If firm offer is accepted is buyer compe...

Market Update  (April 2021)  Body: - If deposit is not dropped off is the deal automatically dead? - Meaning of “time is of the essence” - If an offer is signed on Saturday at 2pm, when does the deposit need to be dropped off? - what happens if the deposit is received late? - meaning of void and voidable - does the deposit need to be certified / bank draft or can it be regular cheque - I...

Market Update   (April 2021)  Body: - what are buyers experiencing in the market - timing is everything in real estate - Home inspections - Buyer acting in bad faith - provide recent example - Seller options / withholding the deposit - Different language to write home inspection conditions - What if the house does not appraise - Is buyer compelled to close - what options do both par...

Market Update: - Analysis of the current real estate market (David Gorski) Month over month analysis, avg. price, avg. days on the market, absorption rates (April 2021) Body : Buyers & Multiple Offers - What buyers are experiencing - 5 tips that buyers can do to prepare before starting their house hunt - 3 reasons why we are seeing multiple offers:        &nb...