Mastering Property Negotiation: Insider Tips – Negotiation Strategies for Real Estate Investors and Homeowners!!
Ever wonder how to negotiate effectively when buying or selling real estate? If you’re looking to buy or sell a property, then you need to be skilled in property negotiation.
In this video, we’re sharing with you some insider tips on how to negotiate effectively when buying or selling a property. If you’re already familiar with property negotiation, then you can skip this video. But if you’re new to property negotiation, then this video is for you! We’ll teach you the basics of property negotiation, including tips on how to negotiate a fair price, how to win concessions, and how to close a deal.
In this video, viewers will learn negotiation techniques for buying and selling property. The video will cover tips and strategies for successful negotiations in real estate transactions.
The following topics will be discussed:
The importance of negotiation in real estate transactions
Tips for preparing for a negotiation strategy for effective communication during a negotiation
Techniques for finding common ground with the other party
How to handle difficult negotiations
Negotiation tactics for buyers and sellers
The video will draw from the expertise of real estate professionals and provide practical advice for viewers.
By the end of the video, viewers will have a better understanding of how to negotiate effectively in real estate transactions.
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Need more tips on becoming a great real estate investor, and learn more about the upcoming real estate trends, then visit Maria Rekrut’s website and set up a free discovery call at http://realwealthrealestate.com/
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I recently had the opportunity to speak with and be interviewed by CBC News Reporter Aloysius Wong about the issue of air conditioning in apartments. The article, titled “Can’t afford or not allowed AC in your apartment? You’re not alone,” discusses the challenges that tenants face in securing adequate cooling.
During our conversation and interview, we discussed many aspects of the problem, including who is responsible for the upkeep, the extra cost of electricity and installation, and the barriers that tenants face in securing air conditioning.
I emphasized the importance of open communication between tenants and landlords to address this issue and stated that this has been my approach for the past 23 years. In the article, I was quoted as saying, “Open communication is the way to go with this. That’s what I’ve been able to do for 23 years.” This is my opinion, and I have found that open communication can often resolve most issues. If both sides listen and talk to each other and let each other know how they feel, it will always be my opinion and option when resolving issues with tenants.
For your information in Ontario, we have guidelines.
Here are the guidelines from the Ontario RTA and LTB:
The Residential Tenancies Act (RTA) and the Landlord and Tenant Board (LTB) in Ontario provide guidance on the temperature of the dwelling in Ontario with regard to the temperature of the air conditioning in the summer and the temperature of the heat in the winter. Here are some key points: The RTA requires landlords to provide heat to a minimum air temperature of 21 degrees Celsius from September 15 to June 1
The landlord is free to turn on the heat earlier than September 15, but the building cannot go below 21 degrees Celsius The RTA does not require landlords to provide air conditioning Tenants can install window or portable air conditioning units at their own cost, as long as they meet certain requirements.
The LTB provides guidance on tenants’ rights and responsibilities, including the right to a livable indoor temperature If a tenant has concerns about the temperature of their dwelling, they can contact the LTB for guidance and support.
In summary, the RTA and LTB provide guidance on the temperature of the dwelling in Ontario with regard to the temperature of the air conditioning in the summer and the temperature of the heat in the winter.
Landlords are required to provide heat to a minimum air temperature of 21 degrees Celsius from September 15 to June 1, but are not required to provide air conditioning. Tenants can install window or portable air conditioning units at their own cost, as long as they meet certain requirements. The LTB provides guidance and support for tenants who have concerns about the temperature of their dwelling.
Avoid These 10 Landlord Mistakes for a Successful Rental Business
Hello and welcome to our video on the 10 most common mistakes landlords make. Being a landlord can be a great way to earn passive income, but it’s important to avoid these common mistakes to ensure that your investment is successful.
In this video, we’ll discuss these mistakes and provide tips on how to avoid them. Failing to Screen Tenants Properly: One of the biggest mistakes landlords make is not screening tenants properly. This can lead to tenants who don’t pay rent on time, damage the property, or cause other problems.
To avoid this, make sure to conduct thorough background checks, including credit and criminal history.
Not Having a Written Lease Agreement: Another common mistake is not having a written lease agreement. This can lead to misunderstandings between the landlord and tenant, and can make it difficult to enforce rules and regulations. Make sure to have a written lease agreement that outlines all the terms and conditions of the rental agreement.
Failing to Maintain the Property: Landlords who don’t maintain their properties can face a variety of problems, including unhappy tenants, code violations, and even legal action. To avoid this, make sure to keep the property in good condition and address any maintenance issues promptly.
Not Knowing the Law: Landlords who don’t know the law can find themselves in legal trouble. Make sure to familiarize yourself with local and state laws regarding landlord-tenant relationships, fair housing, and other relevant issues.
Not Collecting a Security Deposit: Failing to collect a security deposit can leave landlords vulnerable to damage caused by tenants. Make sure to collect a security deposit and use it to cover any damages caused by the tenant.
Allowing Pets Without Restrictions: Allowing pets without restrictions can lead to damage to the property and other problems. Make sure to have a pet policy in place that outlines any restrictions and requirements for pet owners.
Not Responding to Tenant Complaints: Landlords who don’t respond to tenant complaints can create an unpleasant living environment and can even face legal action. Make sure to respond to tenant complaints promptly and address any issues as soon as possible.
Not Raising Rent: Failing to raise rent can lead to financial problems for landlords. Make sure to raise rent periodically to keep up with inflation and other costs.
Not Having Adequate Insurance: Landlords who don’t have adequate insurance can face financial ruin if something goes wrong. Make sure to have insurance that covers liability, property damage, and other relevant issues.
Not Treating Tenants with Respect: Finally, landlords who don’t treat tenants with respect can create an unpleasant living environment and can even face legal action. Make sure to treat tenants with respect and address any issues in a professional and courteous manner.
And there you have it, the 10 most common mistakes landlords make and how to avoid them. By following these tips, you can ensure that your investment is successful and that you have happy tenants. Thanks for watching!
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The British Columbia government is introducing legislation aimed at sending thousands of short-term vacation rentals back into the long-term rental market. The legislation limits short-term rentals to within a host’s home, or a basement suite or laneway home on the property where they reside. If passed, short-term rentals in B.C. would only be offered in the host’s principal residence in municipalities with a population of 10,000 people or more and in smaller communities within 15 kilometres of a larger municipality.
The housing ministry estimates there are about 28,000 daily active short-term rental listings in B.C., an increase of 20 per cent from a year ago. Data show more than 16,000 entire homes are being listed as short-term rentals for the majority of a calendar year. Even if half of those homes came back onto the long-term market, it would be significant.
Short-term rentals in cities like Vancouver, Victoria, and Kelowna have come under scrutiny for several reasons, including the argument that they siphon housing from municipalities already struggling to provide long-term, stable rentals to residents. The government has stated that short-term rentals have put significant pressure on vacancy rates, rents, and home prices.
The legislation is aimed at operators of multiple vacation rentals, who own multiple condos and are renting them out as private hotels in the province. The government is promising to beef up enforcement of short-term rental regulations
The City of Vancouver has already announced that it will increase the costs of a business license to operate a short-term rental in the city from around $109 to $1,000. The city has had regulations in place since 2018. Vancouver has also negotiated with Airbnb (the largest short-term renter in B.C.) to only post Vancouver listings with a Vancouver business license number. The provincial government is already collecting an 11 per cent tax on short-term rentals through the Airbnb platform.
The legislation is part of a larger effort to increase housing in the province, including bringing in a province-wide law to allow up to four units on traditional-sized single-family lots. Additional legislation will be introduced this year to allow secondary suites in every community across B.C. Next year, homeowners will be able to access a forgivable loan of 50 per cent of the cost of renovations, up to a maximum of $40,000 over five years, if they are willing to rent those secondary suites at below-market rate for at least five years
In conclusion, the British Columbia government is introducing legislation to limit short-term rentals to within a host’s home, or a basement suite or laneway home on the property where they reside. The legislation is aimed at operators of multiple vacation rentals, who own multiple condos and are renting them out as private hotels in the province. The government is promising to beef up enforcement of short-term rental regulations. The legislation is part of a larger effort to increase housing in the province, including bringing in a province-wide law to allow up to four units on traditional-sized single-family lots. Additional legislation will be introduced this year to allow secondary suites in every community across B.C.
The ‘Ghost Hotels’ of Toronto: Airbnb’s Impact on Local Neighborhoods and Rent Prices
In recent years, the rapid proliferation of Airbnb listings in Toronto has sparked concerns about its impact on local neighborhoods and rent prices. These so-called “Ghost Hotels” have emerged as an unintended consequence of the home-sharing platform’s popularity. The surge of short-term rentals has reduced the availability of long-term rental options, exacerbating the already tight housing market.
As tourists flock to Airbnb accommodations, residents are finding it increasingly difficult to secure affordable housing. The increasing concentration of transient visitors in residential areas also disrupts the sense of community, eroding the fabric that holds neighborhoods together.
It is crucial to address these issues and strike a balance that preserves the unique character of Toronto’s neighborhoods while ensuring the availability of affordable long-term housing for its residents.
Former US government insider and author of ‘The Great Reset’, Marc Morano, on Klaus Schwab’s recent B20 speech: “He’s talking about us essentially giving up national sovereignty, giving up individual freedoms, and turning over rule to experts…
This whole agenda is to make it so we have no choice on some of the biggest questions of our lives.” “We didn’t get to vote on whether gas powered cars would be banned, we didn’t vote for vaccine mandates, we didn’t vote for lockdowns, we didn’t vote for banning of meat.
But all of this is happening, because at these meetings like the World Economic Forum and the United Nations, they meet and they work with government-corporate collusion to bypass democracy and impose stuff through this corporate government fascism.”
What do you think about this video? Do you see yourself living in 15-minute cities? Do you think this is a modern concentration camp where you can’t go out of your area? I’d love to hear your thoughts.
In this captivating video, join us as we delve into the exciting realm of real estate and explore its future! 🏡✨🔮
We’ll be taking a closer look at the powerful impact of ESG (Environmental, Social, and Governance) on the real estate industry, and how it’s revolutionizing the way we live, work, and play. Discover how sustainable practices are not only benefiting the environment, but also enhancing our quality of life.
But that’s not all! 🌍🌱 We’ll also dive into the fascinating concept of 15 Minute Cities, where everything you need is within a 15-minute radius. Find out how this urban planning approach is transforming cities into vibrant, accessible, and sustainable communities that prioritize convenience and well-being.
Join us on this visionary journey as we uncover the future of real estate and its incredible potential to shape our lives in an eco-friendly, people-centric way.
Don’t miss out on this thought-provoking exploration! If you enjoyed our video, please give it a thumbs up 👍 and share it with others who might find urban planning and sustainability fascinating.
Let’s spread awareness and inspire positive change together! ✨🌍💚