Wednesday, October 14, 2009

Last week

Last week was a very busy week for me in terms of real estate. First, as my previous post indicates, I made a deal. There were additional items as part of that deal that held me up (like the home inspection), but I thought I would share some of the other interesting things during my real estate week.

First, I was showing a condo in Vanier, sorry, New Edinburgh. It's a very nice place and very convenient for my buyer. He is looking for a 2 bedroom and unfortunately this place is only a one bedroom. I find it interesting because the building is a very nice building and New Edinburgh is growing. Vanier seems to be slowly disappearing as people are realizing that newer and better units are being constructed in the area. The benefit of this is, of course, that Vanier as we know it is disappearing. It's becoming an area that people can live comfortably and safely, but more importantly, close to downtown without paying downtown prices.

Secondly, I showed an investment property near one of my favourite areas to invest in the city. I would have bought this place myself, but unfortunately, I'm kind of at a standstill when it comes to property acquisitions. 3 houses in the last 3 years is enough at this point. I showed the house to a person that is somewhat interested in making an investment in real estate. Unfortunately, the house was a hot item and we were not prepared to get into a bidding war. When making an investment choice, I didn't want any emotion to get involved, so we respectfully walked away.

Overall, I thought it was an interesting week because I had my hands in deep in three distinct real estate opportunities, houses, condos and investment properties. It was very good for me to work in all three to continue to gain experience in the market. Although I may not be posting here as much as I would like, I am working very hard behind the scenes to help ensure that I am the best possible agent that I can be.

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