Buying or selling real estate in PEI isn’t just about finding the perfect property — it’s about avoiding costly mistakes. In this episode, we tackle some of the most common (and avoidable) pitfalls in the real estate world 🏡✨.
We start with a crucial reminder: always get work agreements in writing — no exceptions! Whether it’s renovations, landscaping, or repairs, a proper contract can save you endless headaches (and maybe even a lawsuit). If you’re unsure how to draft one, a lawyer is worth the investment — or at the very least, let technology like ChatGPT give you a head start.
Next, we look at some big changes on Realtor.ca 🖥️, where price changes will now be clearly displayed — making it easier than ever for buyers and sellers to track market shifts.
We dig into the truth about specializing in high-end homes 💎, how agents often handle over-priced listings, and why transparency around offers is more limited than you might think.
As hurricane season approaches 🌪️, we share essential storm-prep tips (think gas, food, and heat) and talk about some of the quirky realities of selling in PEI — like the never-ending struggle of keeping a sign up on Beer Street.
Finally, we explain how the Island is divided on the MLS® so buyers and sellers can better understand how listings are categorized — a must-know for anyone serious about PEI real estate.
🎧 Available now on all major podcast platforms! Don't forget to subscribe/follow, give us a star rating, feedback and share! 🏡✨
PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html
Ready to unlock the door to your dream property?
🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI
Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter
My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI.
Subscribe here: http://eepurl.com/b8yULf
Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI
Join our new Facebook Group for people Moving to Prince Edward Island with Michael and Patty at https://www.facebook.com/groups/movetopei/
Prefer a more personal touch? Call or text us at:
📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)
📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)
Want to start your own Podcast? Visit https://rss.com/?via=michael
Thank you for tuning in, and may your day be filled with great opportunities in the world of Real Estate! 🏡🌟