Sunday, January 13, 2019

Open House or Not To Open House?

Ok so here goes !!!  This may not make me many fans in the business but I for one, do NOT believe
Open Houses are for the benefit of the Seller to sell their home, nor are they in their best interest.  Over the years of doing Open Houses, I can tell you that I have spent countless wasted hours sitting in people's homes waiting for the front door to open.  But if you are selling, think about this.... you are letting complete strangers walk through your home (and yes, the Realtor will try and get a phone number and identification for security purposes).. but we are by NO MEANS policing it.

Most agents ask for the information to try and find a buyer who isn't working with an agent to sell them something else.

Many of the people coming through your home at an Open House, are unqualified and/or unrepresented.  Some are nosy neighbours, some are professional "Open Housers" that love walking through strangers home for decorating ideas and some are just driving by and stop to check it out.

I can tell you, if I was selling my HOME, I wouldn't have one.  I would want only qualified buyers coming through with their agent.  What is the point of kicking you out of your home on a Sunday afternoon, so someone can use your home as an office to try and find some new business .. because for the most part that is what they are doing. 

If someone is genuinely interested in buying your home, or viewing it, they will call their agent or the Listing agent (who will ask the appropriate questions).  I would rather have  10 qualified showings than 30 people going through my home that are unqualified and mostly just nosy.

Also there is a security issue.  Homeowners are told not to leave our expensive belongings etc but you never know.  Not only the issue with people stealing or  removing something that isn't theirs but also for the agent sitting in your home alone.  There have been numerous issues where an agent was put in a situation where they shouldn't have because of being in a home all alone.

I am not discounting agents that do them.  Some love them and want to do them and try very hard but for the most part, I think sellers make agents think it is a way of earning their money.  I can tell you that I can spend two hours on the internet at home in my office, promoting and marketing your home to potential buyers way better than sitting in your kitchen waiting for the door to open and then do you know what many of them say walking in???  "How Much is This House?"  Well if you don't even know the price, clearly you are not interested really ... Come on.

I can't tell you how many times I have been asked doing an Open House..."if I buy through you will I get a deal?"  The answer is NO.  You won't get a deal.  I am working for the Seller and if you want a good deal, go find yourself an agent to bring your offer and let's see who comes out on top !

I work for my clients the same way I would want someone to represent me.  They are hiring you with their biggest investment.  Treat it that way.  It is an HONOUR when someone chooses you to sell their home.  Be Honourable !!!  Give them the service they deserve that puts their mind at ease and SERVE them !!!

I know some agents will be annoyed or think I am wrong or they sell a lot of homes by double ending them because they work Open Houses and good for you but to me, my reputation is what I pride myself on.  You can agree with it or not but no one will doubt when they are working with me that I am putting their INTEREST before money and before transactions and awards.

If Mr. Seller doesn't want an Open House, trust me, he isn't missing out on anything.  I also am the same way with signs   Many of my listings do not have signs.  Signs are for agents advertising themselves.  If someone wanted a home on that street, they would be looking at the internet or social media or the newspaper etc.  Signs to me don't sell houses !   Signs get calls from neighbours.  :)  Most of my homes have sold without signs.  Sure it doesn't give me name recognition but it gives me happy clients who want some PRIVACY !  ... The whole neighbourhood doesn't need to know they are selling.  :)

Ok that is my thoughts this chilly Sunday afternoon.  Have a great day and remember, I am always here for a question or to answers any of your real estate needs !

Cheers,
Michelle Makos
Broker/Owner
Royal Heritage Realty Ltd.

P.S - If you are an agent who puts out signs everywhere, please do us all a favour and pick them up when your Open House is OVER, it makes us all look bad !!!  Especially when I drive by on a Saturday night and see your Open House sign still up from Saturday.  Really?   Great impression !

Tuesday, November 13, 2018

213 Gwendolyn St., Check out my Newest Pickering Listing




Check out my latest Showstopper right in the heart of Pickering !!!  This fabulous 4+1 Bedroom Home in the desirable neighbourhood of Rougemount is ready to call your own !!!  Featuring new garage door, front door, eaves, soffit, windows, renovated both inside and out !!!  Over $300K in upgrades.  This one is a must see !

If you are looking for your Dream Home in Pickering, your search is over.  For more information contact Michelle Makos, Royal Heritage Realty at 416-300-3004 or go to www.HouseHunting-Durham.com and see more information.

This property can be yours for $1,199,000... CALL TODAY !!!

Friday, November 2, 2018

9 Colleridge St., Ajax Home For Sale - NEW PRICE

9 Colleridge St., Ajax


Tribute Built 4 Bedroom, 3 Bath Brick Beauty !
Are you looking to more to northeast Ajax?  This fabulous home just hit the market.  Features main floor hardwood, new roof, Stainless Steel Appliances, Huge Master w/Ensuite, Close to schools and transit.  Relax by the fireplace on a cold winters evening.  Enjoy the privacy of your own fenced backyard.  Unspoiled basement and more.  

To book a private showing, call Michelle Makos @ Royal Heritage Realty Ltd., 416-300-3004.

Saturday, October 6, 2018

23 Sealstone Terrace, Scarborough - SOLD





Coming to MLS Tuesday October 9th.  A real charm !  Beautifully maintained by its original owner.  Pride of Ownership throughout.  Corner Lot w. Hardwood floors throughout (even under broadloom).  This is a forever home any young couple or family !

Thursday, September 20, 2018

28 Bradford Court, Whitby - SOLD

Don't miss this beautiful 4 Bdrm Brick Family Home in Whitby on a quiet family court.  Walk Out Basement with Ravine lot !  No Neighbours Behind !!  Soaring ceilings, grand foyer, double car garage with access to the home, open concept w/hardwood floors and meticulously maintained.



To book a private showing, call Michelle Makos, Royal Heritage Realty Ltd.  416-300-3004.  This home is worth checking out !!! 

Tuesday, April 24, 2018

117 Brookbanks Drive - SOLD

Fabulous 4+1 Executive Home in a Highly Sought After Neighbourhood.  Open Concept Living/Dining Area with Gorgeous Gas Fireplace Stone Wall and W/O to Lush Landscaping and Privacy.  Main Floor Den/Office w/B/I Desk, Finished Bsmt w/ B/I Bar and Electric Fireplace.  I/G Sprinkler System, Security System and Mud Rm w/Direct Access to 2 Car Garage.  Great Curb Appeal.



For a private showing call Michelle Makos, Royal Heritage Realty Ltd., at 416-300-3004 or 905-831-2222.... or visit www.117Brookbanks.ca to view the Virtual Tour.

You won't be disappointed !!!!   Priced Competitively at $1,298,000

Monday, April 9, 2018

Do you have a real estate question you would like answered? Ask it here !




Monday, March 12, 2018

Neighbourhood Crimes - FREE REPORT

Hi Everyone,

Recently while showing homes I have had an increase in buyers asking me, is this a good neighbourhood?  I certainly do my best to educate my buyers on the neighbourhood but have found this site to be extremely helpful.  www.CrimeReports.com .

I would highly recommend anyone living in a neighbourhood to check it out once in a while and see what is going on around your home.

Just thought I would share it as I found it quite interesting.  Have a great March Break everyone !!

Tuesday, February 13, 2018

77 Andrea Rd., Ajax Home for Sale - $543,811

HITTING THE MARKET ON VALENTINE'S DAY


Don't miss this sweetheart of a DEAL !
3 Bdrm Detached Home, minutes to the Lake.
Finished Basement, Eat In Kitchen and more.

OPEN HOUSE SATURDAY AND SUNDAY
2 TO 4 PM
February 17 & 18th




Sunday, February 4, 2018

Durham Real Estate - The Do's, Don't and Must Know's

Hi Everyone !!

Just reaching out for my February words of wisdom or wishful thinking.. LOL... but here goes.

Market is moving in Durham, albeit slow it is moving.  Best priced homes are selling and those who still refuse to realize the market has definitely shifted and are trying to get more than the last Seller on your street are losing.   Homes need to be priced correctly to sell.   Realtors NOW must show their value !!!   Don't hire someone because they are cheap... or are promising you the moon.  Choose based on valued communication.  A Realtor is an advisor and negotiator.  The Seller is the client.  At the end of the day, Realtors must follow their client's wishes but an educated client on "truths" rather than "wishful thinking" will benefit further by far than a bunch of clouded dreams.

As a Buyer, even with the new financing rules in place, the rates are still low.  Keep in mind they will be going up again.  Waiting isn't going to help... if you want to buy this year.   Bond rates go up and usually interest rates follow.  I think the next hike will be summer time and not before so if you are wanting to buy, get a pre-approval done.  There are so many new builds coming up along Taunton in Durham Region... all these buyers of these homes will need to sell their existing home (or a good majority of them) and if the truth be told, the market has had a big swing since the frenzy of them buying those new builds, so now what do they do???   Can they close???   Can they sell their house for what they thought they would get (Odds are no).... I think we are in for a little bit of collateral damage here in Durham, unless these buyers have tons of cash or no mortgages on their previous home where they can shift some funds.

Another big thing I think we will see make a comeback is Vendor Take Backs... where the Seller is willing to take back a mortgage on their property so the Buyer can close on the deal.   Let's face it, someone who is retiring and bought years ago and has little to no mortgage and are downsizing, probably doesn't need all the money from the sale and can give a 2nd mortgage to the new buyers at a higher than bank rate but it will still get the buyer in the market and the seller will get a monthly cheque... just options.  A lot of Realtors don't even know how these work.   You need to work with agents that have experience and are knowledgeable. 

This past week my son put an offer on a home.   This will be his first home and fingers crossed it will all work out.  We were in multiples and did not pay over asking AND we had conditions.  Don't always be quick to drop all your conditions just because you are in multiples.  That was the case in 2016 and early 2017 but not necessarily the case now unless the comparables prove that this home is considerably undervalued.

I will say I have seen some "gong shows" out there when showing properties with my son.  One was a semi with a so called basement apt.  The agent had no clue what she talking about.   It was a sin that some poor buyer would walk in there and have the wool pulled over their eyes like that.  THAT IS WHY... YOU NEED A REALTOR you can work with that KNOWS the value, knows the questions to ask and is not afraid to speak up.  So what if it awkward .. or calls the agent to task, that is what you want.  Someone who protects YOUR interests.  I was shocked and saddened when I heard some of the responses.   It truly makes our industry look bad when there are agents that don't do their due diligence and educate themselves about the house and the market in the area they are selling.

I am happy to say I did call her out on a few things, she was not happy when we left and she promised to get back to me and never heard from her again.  BUT that home is now sold conditional and I wonder if that Buyer knows what they have bought.  Fingers crossed they do and that they used an agent to assist them that asked the right questions.

All I know is this, people will always either like you or not like you but when I am working with a client, they are my priority.  WE work together as a team.  Whether we are buyers or sellers.   WE make informed decisions.  I show them and back up my information.  They see what I see so they are not making blind decisions.  They are based on FACT.

I also am not writing this to get your business, I am writing this to educate everyone out there the importance of Realtors and there are good and bad in every business.  This is your biggest investment.  TRUST who you work with and KNOW that they are working for YOUR BEST INTEREST... not for a pay cheque.

The January stats will be out this week, probably Monday or Tuesday from TREB and DRAR and I will post them ... keep in mind, if you have any questions about real estate, you can always text, email or call me and I would be happy to answer or assist you.

Happy Super Bowl Sunday !!!!
Cheers
Michelle
Direct:  416-300-3004
www.HouseHunting-durham.com
michelle.makos@rogers.com