What to Expect from the Fall Season

By: Dan Balm

What to Expect from the Fall Season

Tags: Balm Real Estate, Dan Balm, Toronto

Rental values will increase.  While the Province has already given the go ahead for a 2.2% increase in rent, those properties acquired this year will start with a raised bar. Inventory will increase, but only slightly.  And it will not be enough to dip prices.  Data from years past tell us that come the week after Labour Day, we will see a bunch of listings.  The problem is, t...Read More

Top 10 Reasons To Love This Liberty Village Townhome!

By: Dan Balm

Top 10 Reasons To Love This Liberty Village Townhome!

Tags: Balm Real Estate, Dan Balm, Toronto

Top 10 Reasons To Love This Liberty Village Townhome!                                                                                              ...Read More

Multiple Offers And What Gets It Done

By: Dan Balm

Multiple Offers And What Gets It Done

Tags: Balm Real Estate, Dan Balm, Toronto

My wife loves real estate reality shows, and she will be the first to tell you that I HATE them.  Not because they are so obviously fabricated and manufactured for television consumption, but because they leave SO much out of the process.  And the illustration of bidding wars is the worst!   We watched one (as in, I was forced to watch one) where the sellers were in a bidding war...Read More

By: Dan Balm

When I’m Not A Realtor, I’m A Client – And I Need A Lawyer

Tags: Balm Real Estate, Dan Balm, Toronto

A few years ago I was selling one of my investment properties and on the day of closing, my lawyer called me around 4pm to say that the property had not closed, and bad news – it probably wouldn’t close that day.  The lender had not transferred funds and the buyer was asking for an extension.  Now I was super annoyed because the negotiations with this buyer’s realtor we...Read More

By: Dan Balm

A Typical One Year Real Estate Cycle

Tags: Balm Real Estate, Dan Balm, Toronto

December: in my opinion, the best way to describe a year in Toronto residential real estate starts and finishes with the month of December.  This is the month that everyone talks about real estate: house sales, “SO MANY CONDOS”, interest rates and “the bubble” (the bubble is also synonymous with “the crash”).  While this is the month when less than 5% ...Read More

By: Dan Balm

Top 10 Rules Of The Game That Are Hard To Hear

Tags: Balm Real Estate, Dan Balm, Toronto

There are no deals I’ll temper this by suggesting that everyone has their own interpretation of the term “deal”.  But if you are looking to find some kind of “bargain” that only YOU have access to whereby you are buying a home in Toronto at ten cents on the dollar – it doesn’t exist.     You can have everything you want, as long as ...Read More

By: Dan Balm

Nobody Wants To Stay In Their Lane Because Real Estate Is Everyone’s Business

Tags: Balm Real Estate, Dan Balm, Toronto

When you’re practicing in a market where real estate dominates the news, reality shows and pop culture – everyone is going to be talking about real estate. And when you’re helping someone through the process – inevitably there will be one of their parents, friends or coworkers who will turn into an “expert”.  Someone who feels the need to impart advice to ...Read More

By: Dan Balm

Odd Things Real Estate Agents Do, Explained:

Tags: Balm Real Estate, Dan Balm, Toronto

                                         Insisting on using their vendors, not yours: A real estate broker is a project manager when it comes to selling your home, and they are responsible for the final outcome.  They trust their photographers, stagers, handy-people and landscapers to ...Read More

By: Dan Balm

Years Later, Crazy Stuff Is Still Happening In My Negotiations

Tags: Balm Real Estate, Dan Balm, Toronto

The first real estate transaction I can remember was when my parents sold our family home privately on Westheights Drive in Kitchener.  The day my father and the new buyer (a lovely Lithuanian man) signed off on the docs, a bottle of (presumably) vodka was produced.  The man took a big swig and offered it to my father.  While my father does not drink more than ha...Read More

By: Dan Balm

Real Estate Reality Shows Are Corrupting Our Youth And Nobody Is Thinking Of The Children

Tags: Balm Real Estate, Dan Balm, Toronto

Surfing the interweb the other day, I came across a website titled (yes, this is real) “If you’re buying or selling a home, check out these design and real estate-focused reality shows for inspiration”.  Real estate reality show for inspiration? First of all, these shows are for entertainment only. There is nothing real about them… what-so-damned-ever. Universit...Read More