Multiple Offers – Durham Market

Well I cannot believe the prices some of these homes are selling for?   Please, please, please make sure when you are purchasing a home to use a LOCAL agent … they know the neighbourhoods and the comparables.   When you use an agent who is from another area, they don’t.   People are paying ridiculously high prices for homes which in my humble opinion aren’t worth it.

I understand there is a shortage of listings but does that mean Buyers are to be pressured into paying some of 

these crazy prices… I say NO !!  I have told my clients on many occasions, walk away !

People are going in firm on homes that clearly have issues with no inspection conditions.  I have been in numerous houses and after inspections found mould in the attics, faulty wiring, etc.   Make sure you know what you are getting into and that your agent knows the age of the property etc.  

It is great to win in multiple offers and see your happy Buyer’s face but make sure you are doing it for the right reasons.   I always say, “If I meet you at the local grocery store or park, I don’t want to run and hide because I feel you overpaid.”   People hire Realtors to protect their interest and from some of the shananigans I have seen lately, I have to wonder.

If you are a Seller, this clearly won’t mean much other than you are going to get TOP dollar for your home right now.  But if you are Buyer, choose wisely.   Choose someone who knows the market and is diligently working on your behalf to protect your interests and your money.  

Ok my rant is over … just looking at some of the sales the past few weeks and shaking my head. I hope the market continues to stay strong but if it doesn’t, I hope you have a lot of equity in some of these homes because if the market drops … they won’t even be able to sell them and get their initial downpayment out of them.

All I am saying is GET REPRESENTATION that you TRUST.  Yes it is great to win but at what cost 

Good luck to all the buyers out there and to all the sellers… who are getting top dollar for their homes.  If you are thinking of selling – TRUST ME, now is the time to sell.  I have never seen a market so busy and desperate for listings.

To your success !!!  

If you have any real estate questions, please feel free to call me or email me … I love what I do and will be only too happy to answer them.  Cheers !!!

Thinking of Moving to Whitby, Ontario???



Whitby, Ontario is a great place to live
Whitby, Ontario

 Whitby is one of the fastest growing areas of Durham Region. The population of Whitby is close to 120,000, with hundreds of new homes being built every year. As a rapidly-growing community, Whitby includes a vibrant mix of established and new neighbourhoods making finding great Whitby homes easier than a few years ago.

Using my Preferred Buyer MLS® Email Notification Program, you can search a huge inventory of MLS® property listings and view information about homes that are currently available not only in the Whitby area, but in all areas that you choose. Based on your needs, you can quickly locate homes complete with pictures and descriptions. You’ll be notified as new homes come on the market daily by email, allowing you to see the hottest new Whitby real estate listings first, before they’re sold!

It takes a skilled real estate professional to help both buyers and sellers to make the right decision. Michelle Makos is a Re/Max real estate professional with years of experience and knowledge to help you in the find you next home. If you have any questions about any of the Whitby homes you find here please feel free to contact Michelle Makos.

If you cannot find what you are looking for from the available properties please visit the Find Your Dream Home section. By filling-out the form,  homes that match your specified criteria will be sent to you promptly.

To start viewing Whitby homes right now, go to www.MichelleMakos.com/Whitby_Homes.html.   You won’t be disappointed with the homes.  Search by neighbourhoods, price, type, bedrooms and more.  Looking forward to making your home ownership dreams come true.