๐Ÿ  IRAC Rules, Too Many Photos ๐Ÿ“ธ, Property Values ๐Ÿ’ฐ & Real Estate Then vs Now ๐Ÿ•ฐ๏ธ

24/05/2025 38 min Temporada 1 Episodio 82
๐Ÿ  IRAC Rules, Too Many Photos ๐Ÿ“ธ, Property Values ๐Ÿ’ฐ & Real Estate Then vs Now ๐Ÿ•ฐ๏ธ

Listen "๐Ÿ  IRAC Rules, Too Many Photos ๐Ÿ“ธ, Property Values ๐Ÿ’ฐ & Real Estate Then vs Now ๐Ÿ•ฐ๏ธ"

Episode Synopsis

We kick things off with a hot topic: IRACโ€™s updated regulations ๐Ÿงพ around approving residential property purchases in municipalities โ€” especially as they relate to the federal governmentโ€™s 2023 move to ban certain non-Canadians from buying residential property ๐Ÿ›‘. What does that really mean for buyers and sellers on the Island?Next, we ask the question: "Do we really need 50 listing photos?" ๐Ÿ“ธ Just because we can doesnโ€™t mean we should! We dig into listing best practices and how too many images might actually turn buyers off instead of attracting them.We also explore the murky world of property values vs tax assessments ๐Ÿ’ฐโ€” with buyers often using tax assessments to justify low offers, and politicians trying to win votes by tweaking property taxes ๐Ÿ—ณ๏ธ. Should these numbers be trusted when pricing or buying a home?Ever wonder why your offer wasnโ€™t accepted? ๐Ÿคจ We discuss why itโ€™s important to ask questions, learn, and adjust your strategy โ€“ instead of just walking away frustrated.Plus, we dive into the latest median prices and number of active listings in PEIโ€™s biggest markets.But we donโ€™t stop there. We talk about all the behind-the-scenes services that make home ownership work โ€” from garbage collection ๐Ÿ—‘๏ธ and snowblowing โ„๏ธ to oil delivery, propane, and even how to get your mailbox keys ๐Ÿ”‘.And for anyone whoโ€™s thought about going solo, we share personal stories about being an entrepreneur on PEI ๐Ÿ’ผ โ€” the highs, the lows, and why itโ€™s a path worth considering.Finally, we reflect on how far the real estate industry has come in just 25 years ๐Ÿš€: From Geolink access and paper contracts to digital signatures, e-transfers, video walkthroughs, drone photography, and instant information at your fingertips. Itโ€™s been an incredible transformation โ€” and weโ€™ve been here through it all.Ready to unlock the door to your dream property?๐ŸŽง๐Ÿก #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEIConnect with Michael: ๐Ÿ”— YouTube: Michael Poczynek ๐Ÿ”— Website: Michael's Homes ๐Ÿ”— Twitter (X): Michael's TwitterMy mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLSยฎ, PEI Real Estate Tips, Tricks and Traps and general information about PEI.Subscribe here: http://eepurl.com/b8yULfConnect with Patty: ๐Ÿ”— YouTube: Powerhouse Realty PEI ๐Ÿ”— Website: Powerhouse Real Estate PEIPrefer a more personal touch? Call or text us at:๐Ÿ“ž Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)๐Ÿ“ž Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)Thank you for tuning in, and may your day be filled with great opportunities in the world of Real Estate! ๐Ÿก๐ŸŒŸ

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