Welcome to The Michael and Patty Show (MAPS) Podcast🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI Real Estate, offering you unscripted, expert insights with each episode. 🏡✨

In this packed episode of The Michael and Patty Show, we cover everything you need to know to navigate the ever-changing world of PEI real estate:

🏡 Why some developers skip MLS (hint: capital gains).

📧 Listener-requested tips on crafting newsletter titles.

💻 Powerhouse Patty’s hacked website – lessons on cybersecurity.

📋 The emotional edge: How sellers can use their favourite property features to attract buyers.

📞 Why REALTORS® might not answer your calls and how to connect effectively.

🔄 The risks of recycling old listing info.

📪 Postal code mix-ups: When out-of-province insurers leave you high and dry.

🔍 Home inspection timelines – avoid last-minute regrets. 🔩 Steel roofs: Pros, cons, and those pesky gutters.

✍️ Decoding cryptic clauses in purchase and sale agreements. 💬 Why pricing advice needs data, not gut feelings.

📜 Property deeds – the easements, ROWs, and covenants you can’t ignore.

Whether you're buying, selling, or simply curious, we unpack the secrets, debunk myths, and help you navigate PEI real estate like a pro. Tune in for advice, entertainment, and plenty of laughs along the way! 🏖️📲

🎧 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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of Real Estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

📄 Be Prepared: What to bring, documents to prepare, and the importance of having the right people with you when viewing properties (only for approved buyers, of course).

⚠️ Paperwork Pitfalls: The dangers of bad paperwork, misaligned dates, and why verbal agreements—even recorded ones—are a no-go.

📞 Agent Etiquette: Represented? Don’t contact the other party’s agent directly—learn why this is crucial.

🚨 Red Flags: How criminal activity, IRAC rejections, and social media searches can derail your closing.

📪 Postal Code Problems: Did you know something as small as an incorrect postal code can stop a deal in its tracks?

💸 FSBO Warnings: Beware of FSBO pricing traps: Why comparing PEI property values to other markets could cost you.

🌟 Mindset Matters: Is your mindset helping or hurting your home-buying journey? A glass-half-full perspective could make all the difference.

📦 Move-Out Mayhem: The chaos of leaving and removing items: Why clear plans are a must.

📬 Newsletter Update: Property taxes are due—yes, even during a mail strike!

📜 Legal Readiness: Are you eligible to buy in PEI? Learn about the Certificate and Consent of Purchaser requirements.

💰 Deposit Dilemmas: Who gets the deposit when a deal falls through? The answer depends on your conditions.

🔍 Viewing Clarifications: What does “subject to viewing” really mean?

🤝 Stay Firm: Don’t negotiate with yourself. Avoid unnecessary increases to deposits or terms.

🚩 Tactic Exposed: The “I have a buyer” trick—if they do, where’s the offer?

🎧 Available now on all major podcast platforms! Don't forget to subscribe and share! 🏡✨

PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html

🎧🏡 #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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

In this packed episode of The Michael and Patty Show, we cover everything you need to know to navigate the ever-changing world of PEI real estate:

• 📷 Leased Cameras on Houses: Why it's critical to disclose leased camera systems before closing day.
• 🤔 What Does 'Buyer Wants' Really Mean? Breaking down this uncommon term in purchase agreements.
• 📰 Newsletters Worth Subscribing To: Discover insights from PEIPLAY.COM and PEI government updates.
• 🏖️ CMA Challenges for Cottages: Pricing is all over the map—here’s how to make sense of it.
• 🚪 Excitement for Listings: Why loving new properties is a must for listing agents (and when it’s time to reconsider your focus).
• 💳 REALTOR.ca’s Mortgage Pre-Approval Pilot: What it means for buyers and agents.
• 📜 Contracts are Binding: Why signing means committing—no take-backs!
• 🏷️ 48-Hour Offers: Ensuring contingent sales are legit with properly listed and priced properties.
• ⚡ Electric Heat & Farmland Concerns: Pro tips for marketing homes with these features.
• 🏠 Forever Homes – Myth or Reality? What buyers need to know.
• 🎥 Artistic vs. Candid Property Videos: The pros, cons, and why shorter is often better.
• 🔒 Heat Pump Liens & Leased Equipment: Key disclosures every seller should know.
• 📉 PEI Market Trends: Price reductions, for-sale signs, and what it all means for buyers and sellers.

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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

In this jam-packed episode, we tackle some of the most pressing and misunderstood topics in real estate. Whether you’re a buyer, seller, or agent, you’ll find invaluable insights as we dive into:

📜 Selling Homes with Tenants: The pros and cons of selling a property that’s tenant-occupied and how it impacts your sale.

🛋️ What Stays and What Goes: Why clear descriptions of included items are crucial when selling a home.

💰 How Agents Get Paid: A breakdown of real estate commissions and how to navigate the process transparently.

🎓 Choosing the Right Agent: The educational credentials and qualities to look for when hiring a REALTOR®.

📑 Real Estate Deposits: Should buyers ever hold back deposits to avoid binding contracts? We discuss the ethics and risks.

🌍 Ditching Addresses for GPS Coordinates: Why we prefer pinpoint accuracy over traditional addresses.

📖 What’s a Schedule "A"? Understanding this critical part of your deed and its significance.

⏰ Last-Minute Showings & Unqualified Buyers: The frustrations of disorganized viewings and how to avoid them.

🚗 Oops! Your Driveway Isn’t Yours: Lessons from skipped surveys and the headaches of boundary disputes.

🏢 The Powerhouse Patty Story: Why Patty opened her own brokerage and her journey to success.

🎥 Land Listings with Video: Can a great video make your property sell faster and for a higher price?

📱 Walking Property Lines with Tech: How to use government mapping tools on your phone to view property boundaries.

🎧 Available now on all major podcast platforms! Don't forget to subscribe 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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

In this jam-packed episode of The Michael and Patty Show, we’re diving into the practical, surprising, and often overlooked aspects of real estate that every buyer, seller, or investor should know:

🏘️ Cottage Subdivisions in Winter: What happens when the water supply is turned off and roads are closed? Can you take matters into your own hands by installing a private well or plowing the roads yourself?

🌊 Coastal Erosion Reports: Should sellers disclose these reports for waterfront properties? What you need to know to protect your investment.

🛠️ Foundation Types: Slab, poured concrete, or ICF—what’s best for your build or purchase?

💧 Perc Tests Explained: Learn how percolation tests affect building on vacant lots and acreage.

🛠️ Tool Tip of the Week: A must-have app for keeping track of your lists and staying organized.

📋 Beyond the MLS: Discover why your real estate agent may have valuable insights not listed on REALTOR.CA.

🛢️ Oil Tank Considerations: The types of tanks insurance companies prefer and why it matters to you.

🏠 Seasonal Water Supplies: Can you upgrade a seasonal property by adding a well? We explore your options.

💰 Property Tax Reassessments: How the PEI government determines property tax values—and what it means for you.

Join us for a deep dive into these essential topics and walk away with the insider knowledge to make confident real estate decisions on Prince Edward Island! 🌟

Don’t miss it—subscribe now!

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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

In this packed episode of The Michael and Patty Show, we dive into the ever-changing real estate landscape and share essential updates, hilarious anecdotes, and expert advice to empower buyers, sellers, and agents alike.

📋 What’s Inside:

• Industry Insights: Membership updates and how turmoil is reshaping the industry.
• Training Matters: Why you should ensure your agent has the right credentials, experience, and training.
• Funny Story: Patty shares an unforgettable story of a buyer learning from our podcast—proof that knowledge is power!
• Safety First: Tips to protect yourself as a real estate agent or client in every transaction.
• Debunking Silly Ideas: Should you “wait until spring” to list? We tackle common myths and bad advice.
• FSBO Fails: Learn what went wrong in a for-sale-by-owner deal and how to avoid those mistakes.
• No For-Sale Signs? Why using REALTOR.ca and GPS is often better than putting up a sign.

🌎 Quick Takes:

• Can Americans buy property on PEI or in Canada? The answer might surprise you.
• FINTRAC Facts: Why ID verification is essential to prevent money laundering.

🔑 Seller Smarts:

• Including contents in your property listing—does it hurt your negotiation power?
• Why appraisals matter: Sale prices must meet financing requirements.
• The importance of professional documentation and fully signing contracts for a smooth transaction.

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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

In this special anniversary episode, we dive deep into some of the most pressing topics in the world of real estate:

📊 October 2024 Sales Stats – Get the latest numbers and trends shaping the PEI market.

🏡 Reverse Mortgages Unpacked – Is it the right option for you? We break down the pros and cons.

🛡️ Insurance Musts Until Closing – Why keeping your property insured until the deal closes is essential.

📜 Closing a Transaction – From offers to final steps, here’s what goes on behind the scenes to get the deal done.

🛑 When to Walk Away – Do agents ever advise buyers not to proceed with a purchase? Yes, and here’s why.

💸 Overpriced Listings – What’s the reality of listing a property that’s priced too high? We share an insider’s perspective.

💼 Buyer Intake Process – How agents qualify potential buyers and make sure they’re ready for the market.

🤝 Communication Is Key – Building trust and staying in sync with clients is at the heart of every transaction.

🏖️ Seasonal Cottage to Year-Round Home? – Can it be done? Let’s explore the possibilities.

Join us as we celebrate a full year of helping buyers, sellers, and investors make smarter decisions in the PEI real estate market!

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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨

In this episode of The Michael and Patty Show, we're tackling essential topics for buyers and sellers in the Prince Edward Island real estate market. We dive into why a buyer's agreement is crucial for purchasers and the importance of deposits in sealing the deal. Curious about GeoLink Maps? We’ll discuss their accuracy for determining acreage and attaching one to an offer.

Safety is top priority when preparing for showings: we'll share tips on securing valuables, hiding sensitive documents, and ensuring the property is locked up post-showing. Is leaving agents’ business cards for future showings a good practice? Find out what’s recommended.

We'll also cover what property features to highlight or downplay and why trusting your REALTOR® is key. For those relocating to PEI, we’ll share insights on navigating agent biases and gaining local area knowledge.

Planning to build on a lot you just bought? Learn about any immediate requirements. And for U.S.-based sellers of PEI properties, hear why requesting sale proceeds in USD can be beneficial. Plus, we’ll break down capital gains, managing property expenses, and CRA withholdings for non-residents. This episode is packed with insights to help you navigate PEI’s real estate market!

Patty's Dance video for Dancing with the Stars and Hospice PEI: https://youtu.be/NtrSQBiVbKQ

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

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.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟