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September 2019 Thunder Bay Real Estate Board Market Statistics

The September 2019 Thunder Bay Real Estate Board Market Statistics are out! Overall, residential average sales prices are up 4%, however, the total number of residential listings are down 18% AND the total number of residential sales are actually down 25% YTD. Average Days on Market across the board in September for Residential Units is […]

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The Escape Clause, AKA ‘The Bump Clause’

Sometimes conditional offers have within their conditions an ‘escape clause’.  An escape clause is commonly found when there are conditions within an offer that will take longer than the typical 7-10 day time frame for the Buyer to meet.  A good example of this type of situation would be an offer conditional on the sale […]

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Exterior Listing Photographs

Change your Exterior Listing Photographs in June

Here is an important tip for those Sellers who may have listed their homes in April or May, or even earlier. Typically exterior listing photographs taken in the early Spring will have snow in them.  However, now that the snow is finally all gone, it’s time to update your exterior photographs. Pictures are worth more […]

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Showing Feedback

Showing Feedback for Sellers Please

Showing feedback is extremely important, and is generally expected by both Listing Agents and their Seller Clients. The purpose of providing showing feedback is so that Sellers have an accurate picture of how their home is being perceived by potential Buyers as well as their Agents. Positive feedback is always great, but of course we […]

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Negotiations- Tactic VRS Real Skill

There is a new tactic emerging  amid real estate negotiations in Thunder Bay, and I’ll refer to it as the ‘The Ransom Demand’, as that is the most interesting way that I’ve heard my colleagues refer to it.  While I can’t speak for the Agents that are utilizing this tactic as a means to an end, what I […]

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