Not Business-As-Usual: Winnipeg Real Estate Market Update, Wendy-style
Winnipeg’s real estate market kicked into high gear a couple-few weeks ago as it seemed increasingly inevitable that the CO-VID 19 virus was on its way. Every seller who was even close to being ready to bring their home to market, did, and many buyers who felt they had the financial strength to make a large purchase amid the economic uncertainty doubled down on their search so that they could take advantage of falling interest ra...
I had an experience with a car salesman in the summer that strongly reminded me that the bottom line of sales is measured in units sold, not the good of the customer and it brought into sharp focus some things that have been bothering me about the way real estate is practiced in our culture.
I have come to believe that the first set of hands that a house passes through on its way to market should not be those of a salesman and have begun to entertain a radical proposition – removing...
When Buying clients of mine were able to qualify for a mortgage but not for mortgage insurance, I was really taken aback and at a loss to make sense of how that could be.
I don’t likenot understanding how things work because I don’t like being blindsided, so I asked a colleague of mine, mortgage broker Laurie Kotak, to help me. Specifically, I asked if she would be willing to “run my credit” and then use my report to teach me to see myself as a lender would see me.
I have a real distaste for being represented by a number.
And I have that Robin Hood streak that I mentioned in last month’s Scott McGillivray piece.
Grading, for example, is a practice that is almost singlehandedly responsible for the absence of risk-taking in our institutions of learning, and yet risk-taking is a crucial pre-requisite to learning. Argh! This makes me crazy.
Step on the scale? Never.
Let my age dictate my capabilities? Not going to happen. Keep that propaganda away from me....