Hello Everyone:

Do you own rental property, and feel that now is the right time to sell? You may be right, as property values have far outstripped our Province's controlled rent increases. As your rental income has increased by 2% to 3% each year, the value of the property may have incresed by around 10-15% a year.

Case and point: I recently listed a nice little house on Winnipeg Ave.

When I first saw this property, which had a tenant in it, the value would have been somewhere around $50,000, sold "AS-IS". The owners heeded my advice, gave the tenants their notice, cleaned and fixed the home up, and listed it for $89,900. In the end, it received multiple offers and sold for even more than that.

2nd case and point: I have a buyer for a condo in Lindenwoods. We were trying to get a look at this condo, which is tenant-occupied by a 'non-co-operative' (read: JERK) tenant, who keeps the place messy, and disrupts showings. This is not uncommon, as tenants quite often don't like the idea of 'their place' being sold, forcing them to find alternative accomodations. And so a condo, which should have sold quickly, has been on the market for 2-1/2 months, causing he owner grief and possible loss of money.

If you own property, and wish to sell it, call me first. Here is a short video on WHY it is in your best interest to sell the home WITHOUT the tenant in it.

Hi everyone: This has happened to me on a couple of occasions:  I meet with a new buyer for the first time, and we start to go over the buying process.  In this meeting, I explain what the market is doing, how best to write an offer, and generally discuss and describe the entire buying process. On more than one occasion, the buyer exclaimed:"We never knew THAT!".....  or, better yet: "Our LAST agent never explained THAT." In speaking to them further, I learn that they had been receiving listings from another agent, gone out to look at a few houses, tried to put in an offer and were promptly 'blown out of the water' by other, better prepared buyers.  So here is my point : FINDING a house or condo is the easy part.  The listings are out there, on MLS®, in magazines and newspapers and on the internet.  But FINDING is only a small part of what I do....  the key is in the PREPARATION.  To be blunt: We're not buying a pair of pants, a book or a loaf of bread.  We ARE about to invest hundreds of thousands of dollars into the real estate market, and we're doing it at a time when there is heavy competition for the same house we want to buy.  Being PREPARED is key to winning these multiple-bid situation. I have created a "Home-Buying Brochure" which helps my house and condo buyers understand the process.  A PDF version of this brochure is attached here for your information.  I do hope you find it helpful.  If you have any real estate related questions or comments, please call me anytime.  And of course, if you're looking to buy a house or condo, I'd love to help you FIND and GET the home of your choice. Click here to download your Free Guide:                          Bo's Home-Buying Guide