Categories for Commercial

An Example of the Sales Process of Selling a Business

There are various approaches to selling a business and the following will provide one framework that is typical. The purpose is to help potential sellers understand the process and to assist in the questions you may have as they begin to think about selling their business. Step 1. Preparation Prepare ...

Sole Discretion Clauses are NOT “get out of jail free cards”

We are hearing that during this period of interest rate hikes more than one buyer has put an offer in on a property, conditional on financing and/or inspection, and when it came time to waive it they failed to do so. This is even though there was no legitimate ...

The Rights Of Sellers And Buyers Of Commercial Buildings In Ontario

For most individuals, investing in commercial properties in Ontario can be lucrative. After all, the province boasts a thriving economy, diverse industries, and a vibrant community. This makes investing there a great opportunity for those who wish to diversify their investment portfolio and grow their business operations. That being said, ...

The Seven Deadly Sins of CRE Investment

Buying a CRE asset above its value or at a low cap rate is rarely a route to a successful transaction. Most of you have heard about the Seven Deadly Sins that include; pride, envy, gluttony, lust, anger, greed and sloth. There are also Seven Deadly Sins of commercial real ...

Clear Signs of a Bad Real Estate Agent

Don’t brush off these telltale signs of a bad real estate agent Did you choose your real estate agent based on a friend-of-a-friend’s referral, a quick Google search, or even a flyer in a mailbox? Is your gut telling you it isn’t the right fit, but you’re not sure if ...

Multiple Offers are Being Accepted

Are we able to see what others are offering before we make ours? This has been a more common question lately, as many transactions are taking place with multiple (competing) offers. Sellers represented by real estate brokerages in Ontario accept offers in what is referred to as closed bidding process, ...

The Commercial Mortgage

Preface If you are reading this, you may be considering acquiring a commercial property, for example, a commercial or industrial condo, an office building, a manufacturing/warehouse facility, apartment building, shopping centre, strip mall etc., and this generally involves the negotiation of a commercial mortgage. While most of you may have ...

How to Transfer Real Estate Property During Your Lifetime

Are you looking to transfer real estate property during your lifetime to your children? Maybe your rental property or a cottage? First of all, yes it’s possible, but take the time to evaluate all the possible scenarios. There are many solutions available and they all come with their share of ...

What Is a Full-Service REALTOR®?

Many home sellers are looking for ways to make more out of the sale of their home. Because houses represent one of the largest purchases in many Canadian’s lives, it’s only natural for you to want to make all that you have put in (plus some, if the market is ...

Failed Agreements of Purchase and Sale

An Agreement of Purchase and Sale (“Agreement”) may not be completed for a number of reasons, including unsatisfied conditions relating to matters such as financing, rezoning approval, a home inspection or the sale of a buyer’s current home. This failure to satisfy a condition may raise an issue about the ...