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Before committing, send the professionals one written fact sheet: purchase price of $1,135,000, condominium, new build, intended use, cash or financed, expected holding period, citizenship and tax-residency countries, and proposed ownership name or entity. Those answers affect which questions...

I’d wait for the inspection findings before deciding to delay the purchase. If they identify work needed immediately, price that before allocating anything to furniture. If the report is broadly reassuring, your revised plan may be enough. I disagree that the combined pot is automatically too...

Agreed on the layout question. I’d add that a floor-area adjustment should not compensate twice for the same issue. If smaller rooms and limited storage are already reflected in a condition or functionality deduction, don’t also apply an aggressive square-foot adjustment. I disagree slightly...

With only one completed comparable, I’d avoid presenting any adjustment as precise. For a sensitivity table, I might test dated condition at 3%, 5% and 8% below an otherwise similar renovated property. Those are scenarios, not claimed market adjustments. For floor area, use marginal value...

Also separate buyer qualification from certainty. An agent can describe what information they request and how they communicate concerns, but no screening process guarantees completion. Ask who performs that step, when it occurs, and what information is relayed to you before you decide between...

I wouldn’t put much weight on a raw fall-through rate. One difficult file could distort a small sample, and the causes may sit with buyers or financing rather than the listing agent. A better question is: give me an anonymized example of a deal that failed and explain what your team did next.

I’m not convinced a single percentage should lead the snapshot until price-band mix is shown. If more properties near $205,000 entered the sample while higher-priced ones left, the headline could move sharply even with stable individual asks. Report same-listing price changes separately from the...

Speed alone is a weak measure. My concern is what the agent actually does during that quick response. The missing fact is each firm’s process when a serious offer arrives: who checks that the buyer can proceed, who informs competing bidders, and who follows up if the selected buyer stops...

A simple stress test should make this clearer. Run at least three versions: normal occupancy, a tenant change with letting costs, and a period combining vacancy with a substantial repair. Then test higher financing costs if your borrowing can change. If you would need to inject money in an...

I’m considering a Los Angeles townhouse listed at $160,000. It has been available for 16 days, needs updating, and the seller has already had one deal collapse, although they do not appear desperate. Asking prices nearby are similar, but I cannot find enough completed comparable sales to...

Also clarify exactly what that quote covers. Is the 9% calculated on rent collected, and are tax, tenant-finding, renewals, inspections or maintenance coordination extra? Ask for a sample fee schedule, then compare several managers on the same assumptions. The headline percentage may not be the...

I would rebuild the calculation annually before selling. Include a vacancy allowance, tenant turnover, repairs, insurance, financing and every management charge—not just the 9%. A thin month can be tolerable if the full-year figure remains positive, but one empty period or major repair could...

I agree with acosta’s caveat, but the sample can still help if you rebuild it property by property. Record original ask, each price cut and its timing, final completed price where available, condition, and whether the listing was withdrawn. Then separate fresh listings from those near or beyond...

The unresolved point is the appraisal gap. “Clean financing” does not mean the lender will accept the agreed value. Before offering, decide how much cash, if any, you would add if the valuation comes in low. Do not imply that you will cover an unlimited gap just to make the offer sound stronger...

What does “needs updating” cover, and has the asking price changed during those 98 days? Decoration and an old kitchen support a different argument from uncertain roof, wiring or structural work. Seller motivation matters too. A long listing may indicate flexibility, but it can equally mean the...

Parking could be a substantial source of error here. Confirm whether a space is included, separately held, merely allocated, or absent, and make the same distinction for the comparables. I’d also check balconies, terraces or other private outdoor space. Those features should be adjusted directly...

Before anyone becomes attached during a viewing, they should establish what is actually included in the title and whether the description matches the parcel being sold. That is especially important when “country home” may suggest land or access beyond the building itself.

I agree with separating price from affordability, but not with waiting for every document before discussing terms. In a competitive Los Angeles transaction, a buyer may have to make an offer while some information is still outstanding. The important caveat is that negotiation limits and later...

A 0.6% decline looks modest, but the composition of this sample concerns me. It covers Los Angeles student housing from $492,000 to $738,000, with a median marketing period of 56 days, and differences in condition and neighbourhood may be driving more of the result than price direction. Rather...

My February 2025 notes show a clear split in the Calgary student-housing listings I’m tracking: renovated properties move quickly, while others sit and take price cuts. This is a narrow group priced from C$972,000 to C$1,458,000, not the citywide average, with a current marketing period of...