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Gianfranco | Blog

Monday, November 4, 2019   /   by Gianfranco

Seller Secret Episode #19 When the Buyer Would Like to Close

What if you knew more about your buyer’s motivation? Would you exploit it in your negotiation?


Quite often, the date that they put to close on the property or to basically move in, when they get the keys, is a lot of times the date they need to close. So, this could mean anything from the date that the closing from the house they purchase is closing or how long the bank has given them time to be able to purchase this property.
So, take that quite seriously. When you see that date, a lot of times people, maybe a lot of sellers like to push, and you can push, but if they're pushing back, it's for a reason.
Use it as a chip. It's your negotiation chip. Make sure you leverage it and use it to get the price you want. Use it to get some of the conditions you want, because to a lot of buyers, especially in a market where they need to sell their home first before they buy, which 80 percent of the buyers do have a home to sell first. So, those kind of buyers, what happens is, now tE ...

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  broker, real estate, toronto platinum realty team, toronto home selling

Monday, November 4, 2019   /   by Gianfranco

What is the difference between short-term rentals and long-term rentals

Landlords have little to no rights in Ontario. If you have ever been a landlord, and your tenant wouldn't pay or leave, then you know the pain im talking about. Now Airbnb guest on the other hand are not really your tenant. So if they do something to break your rules, guess what, there is no tenant landlord board to deal with. Your hands are not tied. You will not be treated unfair.


What's the difference between traditional long-term rental versus short term Airbnb rent? I think there's a lot of misconceptions, myths, fears, just misunderstood ideas about Airbnb. What are some of them?
The number one is that, I don't know what kind of people are going to be coming to the house and they're going to trash my place. They're going to have parties. They're going to destroy my house.
That was the way I thought I owed originally before I got introduced to Airbnb and I started using it. I used to think there's going to be, you know, people come in and crash your house or, you know, justE ...

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  broker, real estate, toronto platinum realty team, toronto home selling

Friday, November 1, 2019   /   by Gianfranco

Seller Secret Episode #18 What the Buyer Can Really Pay

You are excited that you sold your house and bought a new house and today is the closing and you are supposed to move into your new house and you are so excited until you get a call from your lawyer that the buyer cannot get mortgage (SMH)


Today we're going to talk about what buyers can really afford. Can the buyer who buys your house, can they really end up closing, can they ended up paying for it? Can they afford it? Or are they going to surprise you on the day of closing and tell you that they can't afford your house or ask for extensions and cost you all kind of nonsense, hassle and disaster.
This is huge, and this is overlooked quite often, because people are blinded by the purchase price. And this is really important to understand when you're selling your house to buyers. So, how can the sellers out there avoid this kind of nightmare? There's a variety of things that you need to look for when you're selling your home. You need to make sure that the buyer who's purchasing yoA ...

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  broker, real estate, toronto platinum realty team, toronto home selling

Thursday, October 31, 2019   /   by Gianfranco

This is why you need to turn your traditional long-term rentals into modern short-term rentals

Short-term rental is so much hassle and not worth the profits. That's what I used to think for years until we had a pain and that pain was negative cashflow and when the market turned, the price of our house declined much lower than when we bought it so we couldn't sell and had no choice but to figure out a solution. And that’s when we had to turn to Airbnb and only then did we realize what kind of opportunity we had found...


Why you need to turn your traditional long-term rentals income properties into short term Airbnb? If you haven't heard or some of you may already know, some of you may have experiences as a guest, but if you haven't noticed, Airbnb is one of those disrupters that's just, you know, changing the way things are being done in this world. And you, what we found we came through an opera, we came, we came across this because we had, we had a problem, we had an issue. We had a property that the mortgage was much higher than what we could have rented out if you M ...

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  broker, real estate, toronto platinum realty team, toronto home selling

Wednesday, October 30, 2019   /   by Gianfranco

Seller Secret Episode #17 Learn Why Your Buyer is Motivated

You’re selling your house by yourself, you get an offer and now you want to start gathering intelligence about the buyer’s motivation…Where do you start?


Today we're going to talk to you about something that's really important, especially if you're planning on selling your home as a for sale by owner and not using a real estate agent. You want to make sure that you find out what your buyer's motivation is. You've got to find that information out in the negotiation.
Just like how your motivation is extremely important and you want to keep that confidential. It's just as important to know the motivation of the buyer who's purchasing your home. If they're tight on time, if they have to be in a house at a particular time, or they have unlimited budget, then that will work for you, right? You want to know those things.
So, if you're selling a home on your own, then there's certain questions or there's certain ways of finding out why the buyer is looking for a house8 ...

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  broker, real estate, toronto platinum realty team, toronto home selling