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Double-ending and fee discounts

Double-ending and fee discounts

In this seventh in the series about real estate commission rates, allow me to address what is referred to as double-ending, or representing both seller and buyer in a sales transaction. It’s certainly fraught with risk, but is it too risky to participate in this...
Using a mistake to get out of a deal

Using a mistake to get out of a deal

Whether it’s in the commercial or residential world, negotiating is always a messy process that leaves copious amounts of room for mistakes. Like forgetting to waive a condition or forgetting to add or delete a term in an agreement. The real issue is not just the fact...
Keeping deals alive in tougher times

Keeping deals alive in tougher times

Almost every day I receive calls from buyers who are having a tough time closing their real estate deals. It is a combination of either not being able to sell their existing home for what they expected, to the lender reappraising the property they bought for lower...
Ryan Hodge: Success is about more than money

Ryan Hodge: Success is about more than money

Several years back, Ryan Hodge found himself in a dead zone. “I had experienced a really successful year but didn’t feel it. So I knew something had to change,” he says. Hodge, once a top agent with Re/Max, chose to leave that behind in 2013 to start up an independent...
FSBOs: Walk throughs and walk aways

FSBOs: Walk throughs and walk aways

Ah, the dreaded cold call. Dialling a phone number to speak to someone you’ve never spoken to before doesn’t rank very high on most salespeople’s list of favourite things to do. I dare say it doesn’t rank high on anyone’s list, but it’s something you really must...