In this episode, we dive into some of the key issues facing today's real estate market. Are new agents hitting the ground running—or stumbling due to a lack of proper training? We explore how the growing number of agents during boom times leads to untrained professionals in the field. We’ll also discuss essential homebuying tips, like why house insurance is a must when securing a mortgage and how important it is to avoid walking properties without permission—especially when it comes to protecting septic fields.
Buyers beware! Driving over a septic field can cause damage, and trespassing on properties is not only improper but illegal. Sellers, be sure to review your home listing photos—bad photos can hurt your sale. We’ll also break down the details of realistic timelines for offers, such as surveys, building permits, and what really constitutes a "fixture" in a home sale—everything should be documented!
On top of that, we’ll address the challenges of purchasing in seasonal areas and how winter travel times can significantly change your experience. Finally, we tackle the often-overlooked issues of agents improperly marking survey pins, understanding the limitations of "approved lots" without building permits, and how long an offer should remain open. If you’re writing or receiving offers, clear communication is key to avoiding dead contracts or counteroffer confusion.
This episode is packed with expert advice and real-world insights to help sellers and buyers navigate today’s market. Don’t miss it!
Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained!
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