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listings: The Problems of Pricing - 06/19/07 09:00 PM
When listing a property, Realtors generally try to ring a representative sample of comparable homes to the table that have recently sold in order to accurately determine what an appropriate asking price is. And, for homes in areas of similar neighbouring homes, this is fairly easy to calculate... but what about unique properties? Worse yet, what about unique premium properties - or carriage trade as they are often referred to? A sub-division home that should sell for a predictable amount should sell fairly quickly in a good market when priced properly - but for carriage trade this isn't always so. Some … (0 comments)
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listings: Local Expert - Global Reach - 01/25/07 08:06 PM
Where I operate from, the County of Northumberland ON, we get a lot of agents from outside the area listing homes, particularly premium or carriage trade properties. The felling amongst many sellers for these properties is that you need to have a "big city" agent in order to attract the attention of "big money" buyers. Yet, for all the logic involved in leaping to that assumption, "big money" buyers who want to move somewhere specific are going to be looking to that somewhere specific to find their next home.
What this means of course is that while the homes are listed by agents … (0 comments)
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listings: To dip or not to dip... that is the question. Isn't it?!? - 09/11/06 11:54 AM
If you are a first time buyer, you may be getting advice to dip into your RRSPs in order to help you with a down-payment. But those are your retirement savings! And besides, you have to pay them back anyway - how does doing this make any sense!?!
Well, it does, but it takes some mental gymnastics to see how sometimes. First off, you are still borrowing the money because you do have to pay it back... to yourself. But you are borrowing it at 0% interest and no bank, credit union or other mortgage source will be offering you anything near … (1 comments)
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Stephen Hodge
Cobourg,
ON
More about me…
Chestnut Park Real Estate Limited, Brokerage
Address: 74 Bramley St. S (Home Office), Port Hope, ON, L1A 3K4
Office Phone: (905) 885-4411
Cell Phone: (905) 376-8631
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