The Golfi Real Estate Show

A $49 Million Ancaster Mansion Could Be Yours & Strange Things Sellers Do In A Crisis | The Golfi Real Estate Show - Hamilton Edition (May 1)

May 04, 2021 Rob Golfi Season 3 Episode 40
The Golfi Real Estate Show
A $49 Million Ancaster Mansion Could Be Yours & Strange Things Sellers Do In A Crisis | The Golfi Real Estate Show - Hamilton Edition (May 1)
Show Notes Transcript

On this week's Hamilton edition of The Golfi Real Estate Show, Rob Golfi and CHML host Rick Zamperin talk about the market cooling off and what that means, home buyer complaints, cottage country real estate is still at a premium, a recent story about two families with kids moving in together to save money, a $49 million home in Ancaster, and the strange things people do when selling their homes in crisis.


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Good morning Hamilton. This is Rob Golfi with the Golfi Team. Welcome to the Golfi. The real estate show Hamilton edition with host Rick Zambrano. Good morning may has arrived and a big, good morning. Rom Golfi sales representative with Remax is Gartman Realty. The Golfi team. We have a jam packed show for you today.

We're going to talk about what is happening in the local market. Place home buyer complaints are surging in Ontario. Rob has some stories to share on that. We'll also look at an Ann caster mansion that has hit the market for a cool $49 million. Also talk about cottage country, home prices going up. Once again.

And of course, if you have a topic idea that you want us to pounce on, on a future program, send the Golfi team an email  questions@robgolfi.com. Use the email address and Hey, if you have a question for the Golfi Team, real estate related. Send them an email questions@robgolfi.com. Of course you can always call the office at (905) 575-7700.

If you have more than questions, if you're kicking the tires and putting your home on the market, call Hamilton and Burlington's number one Remax team in volume and unit sales. That number again is (905) 575-7700 for the hottest listings in town. Online, the website is Rob Golfi.com. That's Rob G O L F i.com.

And you can also follow the Golfi team on Instagram, Facebook, and Twitter, Rob what's going on in the local marketplace. We don't have the full stats out yet, cause it's  just yesterday was the end of the month. Yep. But the market is starting to cool a little bit. And  we're noticing that  when we get the final stats, but I, I did a, a general stat and  the unit units sold    in April versus March was down probably about 15%.

And  and I think the average sale price from March till April  I think it's around  Two to 3%   change. So things are starting to cool off. It's good.  So buyers  it's, it's, it's going to get better a little bit better, but not much better, but it is going to get better for them to find a place in the marketplace, but we will have the full stats next week and, and can give the full report of every area.

Right through  the Hamilton Burlington inaccurate area to find out what's  what's going on. So you're going to see some changes  in different areas.  The unit numbers are down and  versus the previous month, but we're always going to be up from. Last year up until we hit probably August, September.

And that's when the market started really or heating up    in  2020  21 and  20, 20, 20. Sorry. So  but yeah, no, the market is cooling off a bit and it just can't continue going.  And I know  you know, there's a lot of.  It's tough for a lot of buyers out there. There's a lot of stories out there and  it just  you know, I knew this was going to come soon and  it would probably be even further, more going into once in June when we hear the stats for me, you're going to see a different story.

Also again, well, two things, you know, regular listeners of this show, number one, thanks for the support. And we appreciate you listening, but they will also know that, you know, this, this is nothing new, this cooling of the market. You've been, you know, reflecting on it over the last several weeks now. Listen to this buyer fatigue  you know, the, the, the price points have hit a, a, an echelon where, you know, buyers and sellers really aren't, you know  meeting the, the  you know, the, the escalated prices that have gone on for the last several months.

 So there is a point in time in which, you know, buyers are gonna pull back. Sellers are kind of thinking twice about, you know, the, the numbers that they're thinking about. So, you know, you've seen this coming for a while now. Yes. And you know what, and what's happening is a lot of people are, you know  came to the game late, a lot of sellers.

Now they saw all their neighbors and their friends and family and whoever get big money for their house. And now they're trying to jump on the bandwagon. And, and, and put their houses up for sale and trying to get that big number. And they're not getting that number. A lot of, a lot of agents out there are putting  houses for sale.

They're holding offers, and they're not, they're not even getting any office there. It's just sitting surprisingly  houses out there are now are starting to stay on the market a little longer. You're going to see average days on market for the month of April.  You'll see, will be just be a slight little.

Longer than it was in March. But wait until you  once  may, as it kicks in gear, you're going to see it's going to be a little longer days on market and it just, Hey, you just can't continue going up. It's just, it becomes to a point where it's unaffordable and even the banks are getting scared. The government's getting scared.

And, and they're, and they're, they're being very careful with  what's going on out there and they want to make sure that there's no problems down the road. Very reminiscent of what happens around this time in 2017, you know, the, the, the late stages of 2016, early 2017. Was just absolutely extraordinary in terms of GTA buyers, especially coming this way and pushing the price of a home  you know, to, to a number we haven't seen ever.

And  that, that happened again over the last year and a bit. Yeah.  But again, at this time, you know, in 2017 is it was around Easter. You predicted that I kind of cooling off as well. Obviously the government had a hand in that in terms of what they did with their new rules and regulations, this time around same kind of scenario, the government's not coming in, but the, the  it's the same kind of timeframe within this year where house prices are kind of, you know, easing off a little bit.

Yeah, they are. It's just, it has to because  I mean, think about it, everybody out there. That  that that is working. They haven't gotten a raise. Like how's, the housing price has gone up 25, 30% in the past year, but who who's gotten a 25, 30% raise. Some people don't even get a raise at all for years.

And  so it's, it's becoming top and now interest rates are so low that that's, what's making, driving the prices up. And  you know, so, you know, you can't, you can't. You can't keep going at that pace. So now I think we hit some ceilings in certain property, price ranges, and now it's just going to settle down and then we're going to hover around that number for a bit and some houses.

Now, the houses that aren't pristine, they're not going to get as much as they could have maybe two months ago. So they're going to have to get, they're going to get market value at, at the current market value, which is changing right now. But it's not saying the market's going down, it's just that it's not going up anymore.

So now we have the dust, the dust is settling and  we're going to be basically, you know, selling houses  at a, at a price point that with the market is bearing and  and, and, and, you know  people that wanted to get the big money they're gonna, they're going to be late to the game now. And  they're just  announced there's gonna be a big disappointment and there's gonna be a big transition.

So you're gonna see a lot of houses on the market. People wanted to sell, they can't sell and you're going to see them going off the market. So you're going to see a lot of expireds happening in the next 60 days, 90 days, that that house was houses that went on the market now, and that didn't sell. It'll be interesting to see just on my street, for example, there was a home, just two doors down from me that in February sold, it was listed at five.

If I've done nine, I think, and it's sold for seven 20 and the average price on the mountain is around seven 20, seven 30.  There's a house on my street, again, just, you know, a few doors down  going the other way that is completely renovated. And the other one was not renovated at all. It was, you know, by, as is, and it still went for, you know, seven 20, the one down the street has been completely renovated.

It looks fantastic. And they to have listed for five 99. So it's going to be very interesting to see. One home that wasn't renovated that sold in February for well over asking and another home that was completely renovated listed for the same price. I'll be interested to see what that home gets. That is a great scenario.

I can't wait to find out what the results of that one is going to go for. Absolutely. It's you're going to see, you're going to see the guy that didn't have the renovated house made out like abandoned watch. That's my guess. That's my guess as well. Hey, let's talk about home buyer complaints, surging in Ontario, a great article in the CBC earlier this week, and rhombi recorded in this article as well.

It's a story about a  a woman by the name of Carla. Who basically has filed a Rico complaint because of a scenario that she encountered while bidding on a home. She had a pretty healthy down payment for $1.1 million house.  But she had to live in a friend's basement for five months because things just didn't work out and she's blaming.

The listing agents for breaking the rules. So her family sold their home in Mississauga back in November, and they had their eye on a Hamilton mountain home that was listed at $1.1 million. So there were 23 other offers. They offered 1.1 just under. I actually was, I think it was just over the listing price.

So really bang on the listing price. 23 other offers. This is early February. And the home was listed at a roughly $900,000. There was a bid according to the listing agent that was for $80,000 more than what    Carla had had  had  submitted. And this listing agent said, Hey, Carla, you know, you need to do better if you really want this home.

 At the end of the day, they didn't budge on their price, but apparently the listing agent said, Hey, if you had offered $80,000 more, When all the offers were presented  you know, you could have gotten this home now. She's I guess, intimating that, listen, you know, we, we offered a fair price on this home.

We weren't going to budge anymore. And apparently  after not raising her bait in the end, the home did not sell for $80,000 more than her offer. So she's saying what the heck? So, does she have a case here? Does she have a gripe? I don't know if she's got a case, but  you know, what, pushing that, pushing that agent to have their clients  pay $80,000 more.

I don't know, morally, I think it's wrong. And  it's  and, and I get it. I really understand  how these buyers are feeling like, but that seems such a big stretch. Like, I don't know if I would ever attempt to do that.  And I know there's a lot of stuff going on like that, like they're pushing too much and sometimes, you know, you should let.

You know, nature, take, take its course and no matter what it is and it, and when this house  the sellers were receiving 23 offers, take the highest bid and go with it.  If there's two or three offers that are very close, just say, Hey, listen, we got two, three offers. Is there anything you want to do to make it better or anything like that?

 Cause there's, there's closest. Do you want to keep your offer the same, but very close. And some people may say, yeah, we'll change ours. We'll bring ours up or whatever, but don't convince somebody to come up $80,000 more. If you're looking at my offer. And then you're saying, and he's saying to me, if you can come up $80,000 more, are you telling me there's nobody in between my number and 80,000, there was nobody else in between there.

So I think one that agent. PR really was not experienced enough to know what, what they were doing  to do that kind of thing. I don't know what kind of problems they'll get, but  a lot of times, a lot of 'em. A lot of    sellers are pushing their agents to keep pushing them and pushing them more, or agents are promising their sellers.

 You know, the world and it, when it doesn't come through, they, you know, they're, they're, they're forced to do something. And  but I don't think I would've, I would've done the $80,000. Yeah, Carla had a great quote in this piece. If this agent had an offer $80,000 more than ours  when all offers were presented, why didn't he take it?

Why is he calling us five hours later? So that is happening in our community. I'm sure it's happening in others as well. When we come back, we'll stay in Ann caster and we'll talk about a mega million dollar mansion. That's coming up next here on the Golfi real estate show. Hamilton edition on 900. CHML.

Welcome back. This is the golf, the real estate show Hamilton edition on 900. CHML. My name is Rick Sam print. Once again, Rob Golfi sales representative with Remax is government Realty. The Golfi Team, you can call them any time at (905) 575-7700. Again, that number nine Oh five. Five seven five seven seven zero zero.

You'll be calling Hamilton and Burlington's number one Remax team in volume and unit sales. They're all over social media. They have great videos. Awesome bios on their sales representatives on Twitter, Facebook, Instagram, of course it can catch that all online as well@robGolfi.com. That's Rob G O L F i.com.

If you have a question for the Golfi team, send them an email. Questions@robGolfi.com. That's  questions@roGolfi.com. We'll read your email on a future program, and Rob will give you an answer to your email, still to come prices in cottage country are going up again. And we'll also talk about two couples with kids that have purchased a house together in Toronto, and they're living in it.

Very interesting. All right to Ann caster, we go and the, I guess it's just called the hen castor mentioned. And if I say that I'm sure many people will kind of have this picture in their mind about one 40 Gardner road East built in 95. It is a, the man should have all mansions in this  in this city.

And it is up for sale for $49 million. That is eye-popping. It is, it is, I actually was looking through the pictures of this place. Like I can't imagine, because I think this place was built in the 1990s. 95. Yeah. I'll tell you a wreck this place, like it's, it is a mansion, like, like they, they've got their own little banquet hall in there.

You should see the dining room.  It's like you walk into the boy. It's just incredible.  The sylvestris  you know, obviously they're  big builders in  in the area. I think they're also, I think they are also in Texas, too. So they, they do a lot of business in there. Now this property.  Is  I don't know.

I think it's the land value that is the more value to it, right? It'd be, it'd be sad to see this house go to go down. But the thing is just to update this house from  1995, I'm sure there has to be a lot of updates that have to be done that can cost in the millions. Now the taxes on this place are $40,000 a year, which seems kind of.

Which seems kind of low  for a $49 million house. Right. But  I know they tried selling this place a few years ago.  I'm not sure how many years ago, but the, what they're offering with this, if the 85 acres, now, if you divide the, the, what they're asking for  by 85 acres, it works out to both just by I think, 578,000 an acre, which is, which is in line for.

 Which is cheap for  if we're building like for a developer to, to buy in subdivide down, if it's industrial land.  It's the same thing. So I don't know. It may sell this time around it. They've been trying a couple of times over the past 10 years to sell. So we'll see if this  this thing gets going on the market right now.

It's been on the market for 30 days. I know every time it hits the market, it gets a lot of publicity just because of the most expensive house out there.  But, but I mean, I mean, they should just have tourists at the house, man. It's just incredible. When you walk through it, like they mentioned in the paper, it's like, It's like the Titanic, like the way it is set up, I'm looking at the pictures.

I, I just want to take a walk through this place and see it and just experience it that I actually been in this house. It's incredible. Very incredible. It looks like a luxury hotel. If you want to check out the article, it's in the Hamilton spectator written by Scott Radley. And there's lots of great pictures on it as well.

So it was on the market five years ago. It was  up for $78 million at that time. But at that time it was the full 171 acres.  But only 85. As you mentioned, acres are on the market. Now with this house, it is 30,000 square feet.  Again, 85 acres. It has 11 bedrooms, including a 1500 square foot master bedroom, which is more  or bigger than the main floor of my house on the mountain.

It has 11 bathrooms, a 14 car garage, because you know, if you have a $49 million home, you probably have 14 vehicles.  And as you mentioned currently, zoned prestige industrial, which would obviously entice developers to say, Hey, we'll bought, we'll buy this property. We'll tear down the house and we'll build a bunch of houses or, you know, a hotel or some kind of conference center or something involving, you know, warehousing.

So th the land is obviously a lot worth, a lot more than the home. I would imagine. I bet you'll see  an  an offer on this place  happening very soon.  They're they're right in line.  If it's a prestige industrial bill, they'll get it. Somebody is going to buy it and  they'll probably hang on to it, rent out the house or do something with it or offer it to some, some organization to, to rent out.

And  and then, and during that time, they're going to make plans on.  Subdividing it into maybe, you know, one acre  industrial lots so that businesses can grow, grow up there. But it's going to take some time, somebody somebody's going to pull the trigger on this one this time.  Yeah, 49 million  for industrial prestige industrial.

Somebody's going to, you're going to see you're going to see it. So I, I. I can see that at the price per  per acre, it seems like they're right in line with it. Now, a couple of other, a couple of an eye on that one tidbits on this  home.  One of the first pictures you see in the article is the atrium or the foil, and it's just absolutely massive with Italian marble floors, 35 feet ceiling  that you can obviously look at the second level of the home and  it has a banquet hall.

That is 40 by 80 feet long with 18 foot ceilings, huge windows  and  that can fit about 120 people. So, Hey, listen, if you, if you have $49 million and you're planning a big Christmas party, hoping the pandemic restrictions are going to be over, that might be the property for you. Oh, for sure. Yeah.

Gorgeous property. They did a beautiful job when they built it. This must have been a huge thing. When it, when they first built it, it was an imagined, it was only $2 million when they, when they built it. Well, in 1995, $2 million was a lot of money. Like, like, I mean, if you compare that like a house in  downtown Hamilton, I mean, you can almost like in the North end you can get for like, probably like 40, 45,000 or $80,000.

So, I mean, it's  $2 million was a lot of money back then to  to build this house in pro probably. I mean, you know, he's a developer, a builder himself, so. He probably could have done it a lot cheaper, probably would have cost a lot more money. The average person built it themselves. Right. And considering, you know, mid nineties, what was the minimum wage?

Like $6 or something like that. So I guess it's all relative  from Ann caster to cottage country. And we've talked about this before, and certainly we talked about it last year is the pandemic restrictions were first being realized  with more people working at home, more people kind of figuring out, you know, how they can work from home or how they can work from home.

And. Still relax and enjoy their house while a lot of people are continuing to look to cottage country to do that. And  so much so that the price.  Of these homes in cottage country, whether you're an Ontario or, or elsewhere in Canada, continue to go up, up and up. And that's because professionals are looking at, in a lakefront cottages, they're looking at those chalets in the mountains.

If you're NBC or a cabins in the woods, away from all the hustle and bustle and many forecasts say that this impressive growth in cottage country is not only going to continue through this year, but potentially. Into next year. So I guess it doesn't matter whether or not, you know, pandemic restrictions and working from home will continue.

But I think people have realized that there's a benefit to having these kinds of properties where they can work from. Oh, absolutely. You know what, right now  you're, you're going to get people because they can work out of their homes. They're going to work out of their homes in cottage country. Why not?

They could stay up there. They don't have to go back and forth.  So like, and I know a lot of people  like I have, I have a client that said, Hey, they actually sold their personal residence. And they're moving up to cottage country. Full-time now they're going up to their cottage and they're going to stay there full time.

And I couldn't, I could imagine what their  their college is worth now more so, I mean, they, because they figured, you know what  they can work out of their houses. Now they can, you know, everybody like we're accustomed to working out of our houses. So now a lot, you know, why not? Why not spend  yeah.

You know, time at the cottage and work, they're all, all summer long. And that's why they're selling like crazy. So you, like, if you own a cottage right now and you're selling it, you have gold in your hands. That's how valuable it is up there. Like it just, I mean, they, it goes so fast that you just can't and it's hard to keep up to.

The demand. So yeah, like it's, you know, people  people's lives have changed over in the past year and they're, and they're looking at their lives more and doing different things. And I see it, I see it  including myself, what we're doing. I'm glad that we have a pool in our backyard for the summer.  If we didn't have that, w w really it's, it is tough.

Like, I'm not, you know, I don't want to be bragging, but, but yeah, if you don't have a pool, it's tough, but you know, hopefully you've got lots of friends with pools that you can hang out there. But  but yeah, it's just, you know, pool, you can't get a pool for at least two years now, depending unless you know, somebody  anything to do with anything outdoors right now is, is very valuable.

And it's costly. I heard even above ground pools or, or, you know, that take up maybe less than a day to put together  or is costing a lot of money because there's such a big demand for them. So, but yeah, cottage country. Rick and it's up and up and, and  it's gold up there up North right now. And you know what?

We could not work from home, especially in remote places. And I know, you know, places like co-worker lakes or, you know, the Muskoka area. I mean, it's not considered remote but years ago, you know, the technology, you know, w we didn't have 5g, we didn't have it own incredible mobile.  Cellular network like we do today.

And I think that has really enabled a lot of people to work, not only from home, but from those more quote unquote remote places. So, you know, going through the list, I mentioned corthell lakes, you know, the average price of a waterfront property is $872,000. That's up 64. And a half percent year over year, March to March  non waterfront properties, $606,000 up 44%.

 Sales have skyrocketed 223% for waterfront properties just in core the lakes. And you look at Georgia Bay. The sunshine coast in BC, where the average price is $830,000. Prince Albert, Saskatchewan, we're talking Saskatchewan prices going up by 12% more than nearly 80% in terms of the sales spike PEI.

And I know the East coast has been  severely impacted by a lot of not only GTA, but Ontario, a home buyers who are going over to the East coast to say, Hey, this is not only where I'm going to retire, but I can work from here as well. Average price, average price, $330,000 sales up 81% and Lethbridge Alberta, which I guess something special is happening there.

59% price spike from March to March or sales spike. Pardon me and the price going up 14% to $335,000, which sounds very cheap. But  you know, you're in Southern Alberta, not a lot around you, but the, the East coast is on fire as well. Well, I was just talking to a friend of mine on the East coast, Sydney in Nova Scotia.

And  he was telling me he's never experienced in the 30 years of his career in real estate that  the multiple offers situation, the bidding Wars and everything, the way it's going right now, he can't believe what's happening. And it is a lot of people from Ontario. That are buying  places out of the East coast and it's driving the prices up.

It's, it's funny, like how people are just scattering around the country, you know, they're really just kind of moving around, but, but he he's like, just like, he knows that we experienced this in Ontario, but he couldn't believe how to deal with it. And he was asking for it.  Calling us here for advice and say, Hey, listen, this is what's going on.

And we're coaching them and say, listen, this is how you deal with this. And this is how you'd deal with that because most people never experienced that kind of  rapid and a massive amount of people wanting the same house. They just never experienced it. So it's definitely a changing this whole pandemic has changed everybody in health.

You're looking at life right now.  The financial post wrote in February quotes, cottage country is the new battleground for housing bidding Wars. So not only have we been seeing a lot of bidding Wars in Hamilton, but those in cottage country, people are so desperate to get that kind of property away from the big city that the bidding Wars are happening there too.

Yeah. Everywhere. It's just incredible. Incredible. And that's going to continue for a lot longer than it is locally here, where we are. Let's talk about this family in Toronto. It is, I'm not familiar with the area Mount Dennis. I think I'm saying that right. We got a couple of minutes in this segment, so we'll dive into this and then we'll get Rob's perspective on how this may or may not work.

So you have two couples.  They're both in their thirties.  One couple has a couple of kids and the other has a one kid and all the children, all three are under the age of four. There's a four year old, a 16 month old and a seven month old. So really two kind of newborns and  and  just over a toddler, a four-year-old.

So they  We're living in a apartments and they decided to move to Toronto and buy house. So they've pooled their resources together. They've moved into this home and  one of the individuals is named Matt. He crunched the numbers for each family. They factored in that their monthly income and savings.

They could afford a home for $920,000 and the monthly mortgage and equity would all be split. Equally, both couples were worried that sharing such close quarters and splitting finances would cause problems, but they figured their friendship was strong enough to overcome it. It sounds like a great plan and I'm sure it might work for this couple, but there's got to be some pitfalls here.

Well, yeah, I don't know if I would attempt that. That's for sure. It is definitely a recipe for possible disaster in my opinion. But  I mean, they're, they're going to have to live through it for sure. Yeah. So let, I'm going to pick your brain on this. When we come back after the break, we're also going to talk about strange things that people do when selling their homes.

When they're in a crisis, of course you can call the Golfi team anytime at (905) 575-7700. That's (905) 575-7700. You'll be calling Hamilton and Burlington's number one, Remax team and volume and unit sales online@robgfi.com. That's Rob G O L F i.com and follow the Golfi team on Facebook, Twitter, and Instagram.

More of the Gulf real estate show. Hamilton edition is coming up next here on 900. CHML. Welcome back. This is the Golfi real estate show Hamilton edition on 900. CHML my name's Roxanne print. Joining me once again is Rob Golfi sales representative with Remax is Guttman Realty. The Golfi team call Hamilton and Burlington's number one, Remax team and volume and unit sales.

At (905) 575-7700 head over to their website@robGolfi.com. That's Rob G O L F i.com. Don't forget. Golfi it's sold and they do so safely during the COVID-19 pandemic follow the Golfi team. They're all over social media, whether it's Twitter, Facebook, or Instagram. Listen to our show online through Spotify, iTunes, Google podcasts, Stitcher, and many more.

Just search for the Golfi real estate show in your favorite podcast platform and hit the follow button. So you never miss an episode. We're talking about a couple of couples or two couples with three total kids. One couple is two. The other has a seven month old. All the kids are under the age of four.

They've pooled their resources together. They've made a down payment and they're now living in a home. In Toronto, they figured, Hey, you know what? They crunched all the numbers. They could afford a home for $920,000 and they figure their friendship is strong enough to withstand some of the pitfalls that we're all thinking are going to encounter.

And I'm sure they've thought about, you know, the, what ifs, but what does this couple, or these two couples have to do to make this work? You know, I'm sure they have to set all the rules down. So now my understanding is. Is that they have a basement they're going to be able to rent out and then they've got another, it's a semi and they have a two and a half floors.

So they're, they're splitting. And I think there, they eat together to have dinner together  every night. And, but, but the funny thing is like, it's all mixed mash with who sweeps the kids sleep on one floor and it's just, it's all mixed up in this house. Like, like it's not like. Like, like when the parents have one cup  the parents with their kids are up on the same floor.

Sometimes there there's two floors in between them. So it's just  I don't know. It's just, I think it's a, it's a, it's a recipe for disaster  because you know, who cleans the house, maybe one couple are more cleaner than the other or, or sloppy or who knows? I, I personally think if you're going to buy something.

You have a separate floor, you each deal with your own floor. You don't, you don't mix it up.  I think it, it  it can cause some problems, but I mean, they, they plan on doing it for five years.  If  you know, so they can build some equity because they couldn't afford a house by themselves. So they.

Bigger, they buy it and then down the road, they can sell the house and they both go their separate ways, but it could be an ex, it could be an experience. It could be a bad experience. It could be a great, a great experience. It could be something that  you know, it's hard to tell they, they, you know, only these people know each other very well that they can live together like that  throughout the house.

Yeah. Here's the, basically the rundown of how each person and in what rooms they kind of occupy Adam, Emily Blakely and linen. Sleep in the bedrooms on the second floor, they use the kitchen on the main floor. Blakely gets her own room. Lennon stays with her parents. Adam uses the mud room off the kitchen as an office and painting studio, Matt, Rebecca, and Sullivan, which is the other family sleep in a room on the top floor.

They use the second floor kitchen, and Matt uses a loft space next to the bedroom for him office. And then, yeah, there's the tenant. The student from George Brown, who Adam knew from the church ended up moving in the basement and the families that put all the money toward the mortgage. The tenant has a bathroom in the basement and uses the main floor kitchen.

 Since they are closer, closer to that  that living area. So, yeah, I don't know if they have arrows around this house or names about, you know, you can only use this room, but  it's gotta be confusing at times. I hope they get used to it and I wish them nothing but luck. No kidding. You need a diagram.

Okay. Here's here's the manual to live in this house. Like it's like, but  yeah, they, they really, you know, separated this house in, into like three different  peop like three different families or one, a single guy in two families. So it's, it's, it's crazy the best way to do it. Buy a duplex. You have your own quarters if you're going to do something like that.

But do you know, I think if you mix like that, I think you're going to be tough.  Or, I mean, it works easier if you're in it. If it's two buddies  two, you know, two people moving into together and they're sharing it, but when you got two families, it, it, it gets a little bit more, you know, sometimes you get.

One of the kids could beat up on the other kid and now, you know, it becomes personal. You just got to watch out for stuff like that. It's, it's not something I would recommend to anybody unless you're buying a duplex. And you guys both live in your separate quarters. That's all. Yeah. We only got a minute here, but with a house prices, soaring in Hamilton and the supply very limited over the last number of months.

Were any of these scenarios  going on here in Hamilton, did you deal with any, did you hear about any of these. No, no, I didn't.  I didn't experience any of that  in any of our  sales that we've done in this past year.  It just, yeah, like, I, I that's, that's, you know, very rare that happens when two families are getting together.

Usually you see in-laws get together, you know, like  parents having their kids  with their grandkids, moving in together with them. If they have a lot of room, but not two separate. Friend families. No, it's  it's, it's it's I think it's  very, very dangerous to, to that. So  you gotta be very careful, especially you've got kids and everything else involved.

As you heard earlier in the show, the  market here in Hamilton. Burlington, starting to cool a little bit. If you want a marketing strategy, that's going to work for you. Call Hamilton and Burlington's number one, Remax team in volume and unit sales at nine Oh five. Five seven five 7,700 online. Rob Golfi.com is the website.

That's Rob G O L F i.com. And we come back. We'll talk about  strange things that people do when selling their homes when they're in a crisis, that's coming up next here on the Gulf. The real estate show Hamilton edition on 900. CHML. And one last go round here on the Golfi real estate show Hamilton addition on 900.

CHML my name's Roxanne Brin. Joining me once again, Rob Golfi sales representative with Remax escarpment Realty, the Gulf, the team follow the Golfi team on Facebook, Instagram, and Twitter. They're online@robGolfi.com. That's Rob G O L F i.com and call Hamilton and Burlington's number one, Remax teen in volume and unit sales, (905) 575-7700 that's nine Oh five five seven five.

Seven seven zero zero. Have a topic idea for a future show or a question related to real estate for the Golfi Team. Send them an email questions@robGolfi.com is the email address  strange things people do in selling their homes when they're in a crisis. I'm sure this is a long list. Well, I've got a couple of stories here and they're pretty  I mean, they're funny, but they're not funny.

 I, so I had this client of mine and  the, the lady was selling her house and she has four children and  and the parents, the kids kept telling her that I gave, I gave the recommended price for this house now she's she was  falling ill. And  and I said, you know, we should list it at. This price?

Well, the lady goes, Nope, we want, I want this much money in this and that. So as time went by, as time went by  she was getting more ill. She ended up at St. Peter's hospital. Now it's St. Peter's hospital in Hamilton now. Right. We know when you're going there. That's pretty well, it might correct on that or, yeah.

I mean, they're, they're known for their palliative care.  Right. Yeah. So basically like she, like, like it's getting pretty bad for her. So, so she's going to St. Peter's hospital and chances are, you know, like she's at, at our end of her life. Yeah. So I, we get an offer on her health. And I'm at St. Peter's hospital.

I had to go there to deal with it. Right. And she didn't want the kids to deal with it. She's dealing with it. Wow. This lady would reject the offer. And, and literally, like, I couldn't believe how much this, this, she had so much fire in her still. And, and she's she's and she's dying. And she says, Nope, Nope, Nope, Nope.

And she wanted so much money. So anyway  while she was alive, we didn't sell it.  Soon when she passed away after the funeral, the kids came to me and said, Rob, put with the house at the price that you suggested. And we just wanna, we just want to sell this. We sold it within a week, but can you imagine she was fighting to the end to get her price?

Wow. I couldn't believe it. And so how, how close did you get to the price that she wanted?  W w we weren't very close at all, because she, she wanted a lot more money than what we were asking. And this was, this was years ago. And  and it's funny though, and it's not the, that's not the first time. You'd be amazed.

How many times I've been to St. Peter's over the years, people. Negotiating so hard to get what they want and knowing that they're going to pass away within a month or, or whatever. And it's funny, it's funny how that works. I guess, you know what your mind doesn't stop working. It just keeps going strong.

And  but anyway  but when the kids  and the kids would try to tell the mother and say, come on mom, like, listen, just sell it. Like, what do you, it's not like you're going to gain from it. We don't care. We just, just. Get it sold. So anyway, yeah, so we, we listed at the price  after she passed away and then it sold, and that's a funny story.

Like people, when they go, when they're on their, on their death bed, they're still, they're still strong minded and they still want to, they still want to negotiate to the, to the  extreme. Right. So is that, is that a pride factor or is that, or maybe that's a stubborn factor or is that something where she's thinking, you know, this money is going to ultimately go to my children.

I think, I think what it is is that she's trying to, she's fighting for her kids. She wants to show that she, you know, that she did well. Like, I mean, and the kids that, you know, they're not really, you know, they're trying to tell her that it's not worth that much money, you know, trying to. Have her, you know, accept  you know, what the market value is, but yeah, I mean, we won't know that until it happens to us.

Like  you know, to me, I think, you know, if I was dying, I like, Hey, listen guys take care of it. I, you know, like I I'm outta here. I don't, I don't even want to think about it. Like, you know, I've got maybe. You know, 30 days or a couple of months left in my life. I just want to just keep it as simple as possible without having to think about negotiating or, or anything.

But  but you'd be amazed. I remember one lady one time, I'll tell this story quick. W  the house was an upper gauge between  lime and stone church, and we're in the middle of a deal signing stuff. And she fell in her house. And she knew    she was call me to let me know when to come over to sign.

But anyway, she fell and she called an ambulance. She calls me and says, Rob, I fell, I hurt myself. I called an ambulance.  You gotta get here right away before they come. And I go home. So I hop in my car, I race down there to her house. And I, I come in through the front door and the ambulance guy are just putting her up on her.

On her, on her.  Grinny or I guess, whatever the, that, and they go, who are you? I go, I'm a real estate agent. You've got to sign some papers before she goes, Oh, I could imagine those. So it was a paramedic looking at that and saying, what the heck is this about? But you know what? You'd be amazed that people, when they know they have to sign something.

But anyway, that was, it's a funny story. I'm sure those paramedics will never forget that, that their hearing is they'll know, they'll know exactly. That situation when it happened. That is hilarious. Yeah. Again, for the hottest listings in town, rom gfi.com is the website to go to that's. Rob G O L F i.com.

Call Hamilton and Burlington's number one Remax team in volume and unit sales, (905) 575-7700 Rob again, another fantastic program. Thank you for listening to the Golfi real estate show Hamilton edition. We're back next Saturday at nine on 900. CHML.