Real Estate Brokers: Let's Clear up Some Myths

Real Estate Brokers: Let’s Clear Up Some Myths

By Andrew Mitchell | Selling Real Estate

Like many real estate brokers in this business of selling and buying homes for many years, I often times meet buyers and sellers who have not been involved in a real estate transaction for many years. These clients sometimes hold some outdated beliefs and some often very incorrect views about what real estate brokers do and how we work to help buyers buy and sellers sell.

While many look at real estate brokers poorly (and there may be a good reason for that for some), sometimes the poor image we have to the public is because of widely accepted (but incorrect) myths about what we do and how we do it. I thought I’d take this opportunity to dispel some of the widely held myths about how real estate brokers work as a profession. 

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Old houses can have hidden defects

Hidden Defects: What you Need to Know When Buying or Selling

By Andrew Mitchell | Buying Real Estate

Latent defects, also commonly known as hidden defects is an issue in real estate transactions that is rearing its ugly head more and more often in real estate transactions, as the inventory of homes for sale in the most desirable neighborhoods is aging its an issue that all home sellers and buyers should be aware of.

Hidden defect can have a huge impact on the time and money it takes to buy, sell and own a property. Unfortunately there is a lot of misinformation and myths surrounding latent defects. If you’re a home buyer or home seller, find out what hidden defects are and how to handle them if they do come up. 

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Know your numbers when buying a revenue property in Montreal.

Real Estate Investing 101: The Basics of Buying a Revenue Property

By Andrew Mitchell | Real Estate Investing

Many of my clients have seen their investment returns from stocks and the banks diminish over the last year and are curious about putting their money into real estate as an investment to grow their wealth. Here’s a very basic primer on what to look for and what to avoid if you are thinking about investing in a revenue property. Don’t take a chance with your revenue property purchase in Montreal, know the basics before starting your property search. If you’re at the start of investigating how to invest in a Montreal area revenue property, read on to learn the basics.

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Real Estate Agent at desk

Why Work With a Real Estate Broker to Buy a Home?

By Andrew Mitchell | Buying Real Estate

Many buyers are not aware of what a buyer’s real estate broker can and should do for them to ensure a flawless and safe transaction that keeps both buyer and seller out of the courts. As a home purchase is usually the largest financial transaction in a person’s life, there are some good reasons to work with a real estate broker to buy a home. But many people do not know what a buyer’s broker does, besides setting up and showing them homes. I’m here to tell you some of what a buyer’s broker really does for their clients to save them time, money and hassles.

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How much is your home really worth?

How Much is Your Home Really Worth?

By Andrew Mitchell | Selling Real Estate

Home owners are usually quite curious to find out what the value of their home is really worth is in today’s market. When we talk about value, we aren’t talking about how much it costs to build or buy or how much the renovations cost, but rather what will the market of potential buyers in today’s market feel it is worth.

There are a number of common misconceptions that many home owners are under when deciding what their home is really worth. Read on to see how real estate brokers determine how much your home is really worth. 

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