
← The Michael and Patty Real Estate Show8 aug · 42 min
🏠 Realtor to English Dictionary Decoded 📖 Phoney Comparables, HST Surprises, Drywall-Filled "Solid Wood" Doors, Dropbox Scam Red Flags, Showing-Booking Blunders, Seamless Province-to-Province Moves & Why You Should Never Trust Survey Pins 📍
🏡 What is your REALTOR® really saying? In this episode we open up the Realtor-to-English Dictionary and translate the sales talk, pricing games and listing tricks every buyer and seller needs to understand before signing anything. From inflated price expectations and phony comparables to real estate scams, HST surprises, hollow "solid wood" doors and survey pins you should never trust, this is the straight-talking, fact-based real estate advice Prince Edward Island buyers and sellers — and anyone in any market — can actually use. 🎙️ Whether you're a first-time buyer, a seasoned seller, a cottage hunter or a mainland family planning an Island move, grab a coffee — this one is loaded with practical tips, cautionary tales and plenty of laughs along the way. ☕
📉 "It went up 30% in three years!" No, it didn't. We dig into one of the oldest tricks in the book: dragging in sales from other areas or completely different markets to prop up a vendor's wishful idea of price. A comparable is only comparable if it's actually comparable — and we show you how to spot the difference between real market evidence and a number built to win a listing. 💰
☎️ Communication 101 for agents (and everyone else): when you text or call and leave a voicemail, include your name, what the call is about — the more detail, the better — plus your contact numbers and e-mail address for data sharing. It sounds basic, but you would be amazed at how many deals stall because nobody says who they are or what they want. 📱
🧾 Taxes, taxes, taxes: we unpack HST liability on vehicles, allowances for financing, and why declaring contents matters for capital gains. Remember — commission is based on the sale price, and HST applies to commissions, legal fees and accounting fees too. Budget for the real numbers, not the brochure numbers. 💸
🚪 Solid wood doors… filled with drywall? A safety door — who knew? We share the story of a door that wasn't quite what it claimed to be, and why you should never confuse cement with solid wood. In real estate, always verify what things are actually made of. 🔨
🗺️ Before you book a showing, look at a map! Ask about the bank, the beach and the views before you drag a vendor through 24 hours of scrubbing and staging. Patty shares tales of new agents with no common sense booking showings on Highcliffe cottages that were never going to go through — a little homework saves everyone a lot of heartache. 🏖️
🚨 Scammer red flags: they won't talk on the phone, they have n