Leasing retail space is one of the biggest operational and financial decisions many small businesses make. However, many tenants focus primarily on: rental rate, storefront appearance, or location without fully understanding the long-term operational, legal, and financial obligations associated with commercial leasing. A retail lease can significantly affect: profitability, customer ...
Continue ReadingI just finished a new Home Sellers Guide Book. It’s a collection of how-to’s, checklists, and worksheets to help clients understand what to expect during the real estate selling experience. Click on this link to get a free copy. Written by Rodney Harvey, Broker of Record at Konfidis, Brokerage providing ...
Continue ReadingLike other professionals, a REALTOR® is as good as the information at his or her disposal. The Multiple Listing Service® is a co-operative system used by REALTOR® Members of Canada’s real estate boards. It is different than the consumer websites realtor.ca and listings.trebhome.com, which offer a brief description of most ...
Continue ReadingReal estate negotiation sounds easy on paper, but in practice even small mistakes can sink deals. You need to understand psychology, strategy, and a shifting market to get the best outcome. Not easy! Negotiating is an art, a skill and a science. In the world of real estate, understanding how ...
Continue ReadingDon’t forget, a residential property flipping rule applies to flipped residential property dispositions that occur after January 1, 2023. The rule deems profits from a “flipped residential property” as business income, targeting individuals that misclassify these profits as a capital gain to avoid taxes. It’s important to understand this rule ...
Continue ReadingTiming is a crucial consideration when selling a home. A recent market study indicated it is ideal to put properties on sale during the months of February, March, and April. While the weather is not ideal during February, the month allows home sellers to gain exposure before the spring rush. ...
Continue ReadingCapitalization rates, more commonly called cap rates, are one of the first measures investors encounter when evaluating commercial or income-producing real estate. They are frequently used in marketing materials, investment discussions and valuation conversations because they provide a relatively simple way to compare a property’s operating income with its purchase ...
Continue ReadingYes. A property owner in Ontario can choose to sell without being represented by a real estate brokerage. Under Ontario’s current real estate framework, a seller who is involved in a transaction and is not a client of a brokerage is considered a self-represented party, commonly referred to as an ...
Continue ReadingHow to Interview a GTA Realtor in a Brief 15 Minute Phone Call You’re about to face one of the largest financial transactions of your lifetime. You need to hire a real estate agent and you need them to know their stuff. But who’s got the time to spend hours ...
Continue ReadingHiring a Realtor to Sell Your Home: Who Has What it Takes? Hiring a Realtor® to sell your property and not sure where to start? First, congrats on any work you’ve already done to get to this point. Second, don’t take this decision lightly! The truth is, you won’t have ...
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