Alla  Poltavski

Alla Poltavski

REALTOR®

iCloud Realty Ltd.

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Alla Poltavski's blog

Does an Offer Date Mean a Higher Sale Price?

 

 

5–6 offers on a property — and not one is accepted. How does that happen?

When buyers see an Offer Date on a Toronto or GTA listing, the immediate assumption is often:

“There will be a bidding war. The property will sell well above asking. There’s probably no point even trying.”

But today’s market is much more nuanced.

An Offer Date can create competition — but it cannot create market value.

What Is an Offer Date?

An Offer Date is a selling strategy where the seller sets a specific date and time to review offers rather than considering them as they arrive.

The goal is usually to give...

Selling a Condo in Toronto? Why You Should Order a Status Certificate Before Listing

Many condo owners spend weeks preparing their property for sale. They declutter, paint, stage the unit, and invest in professional photography. All of these steps are important.

However, one of the most valuable preparations isn't visible in the photos at all.

It's the Status Certificate.

Why Is the Status Certificate More Important Today Than It Was 10 Years Ago?

During a recent condo sale, I was reminded of how much buyers' priorities have changed over the past decade.

Ten years ago, most buyers focused primarily on the unit itself—its layout, finishes, natural light, and location.

Why Some Homes Sell for Hundreds of Thousands Over Asking

What Makes Buyers Pay More for One Home Than Another?

Every seller wants to know the same thing:

What is my home really worth?

Many people assume the answer comes down to square footage, bedrooms, bathrooms, recent renovations, and comparable sales.

Those factors are important—but they don't tell the whole story.

A Recent High Park Example

A recent sale in Toronto's High Park neighbourhood is a great example.

The home was listed for $1,199,000 and sold for $1,500,000 after receiving six offers on the first day.

On paper, the home wasn't perfect.

  • Semi-detached

  • Approximately 1,500 sq....

Final Walkthrough Before Closing: A Small Step That Can Prevent Big Problems

 

Buying a property in Toronto or the GTA is an exciting process, but the final days before closing are still very important.

One step buyers should not treat as a formality is the final walkthrough.

The final walkthrough gives the buyer an opportunity to check the property before closing and confirm that it is being delivered in the expected condition, based on the Agreement of Purchase and Sale.

It is not a full home inspection, and it is not meant to renegotiate the deal. But it can help identify last-minute issues that may need to be addressed before the transaction closes.

Why timing...

Should You Get a Pre-Listing Home Inspection Before Selling Your Home?

Should You Get a Pre-Listing Home Inspection Before Selling Your Home?

Selling your home is one of the biggest financial decisions you'll make. One question I often hear from homeowners is:

"Should I get a home inspection before listing my house?"

While every situation is different, my answer is often yes.

What Is a Pre-Listing Home Inspection?

A pre-listing home inspection is an inspection ordered by the seller before the property is listed for sale. Its purpose is to identify potential issues so the seller has time to address them before buyers begin viewing the home.

Unlike a buyer's...

Water Behind a House in Feng Shui: Why It Matters

Water Behind a House in Feng Shui: Why It Matters

Is Water Behind a House Good or Bad According to Feng Shui?

When people search for a home, they often focus on location, layout, schools, or price. But many buyers also make decisions based on something they can't quite explain—a feeling.

Interestingly, many of those instincts align with the principles of classical Feng Shui.

One of the most discussed topics is water behind a house.

What Does Water Represent in Feng Shui?

In traditional Feng Shui, water symbolizes:

  • Wealth

  • Opportunities

  • Prosperity

  • The flow of life energy (Chi)

...

HST Rebate: Is New Construction Really the Better Financial Choice?

HST Rebate: Is New Construction Really the Better Financial Choice?

The HST rebate has become one of the most discussed topics in real estate, and many buyers are asking the same question:

Is it better to buy a resale property or a new construction home?

Based on what I am currently seeing in Oakville and West Toronto, resale properties often look more attractive financially, even when compared with completed builder inventory and available incentives.

This is not about pre-construction only.

I am referring to completed condos and townhomes sold directly by builders — properties that...

GTA Real Estate Market Update May 2026 | Sales Up, Listings Down

According to TRREB, GTA REALTORS® reported 6,583 home sales in May 2026. This is 6.3% higher than in May 2025.

At the same time, the number of new listings decreased. In May 2026, there were 17,698 new listings entered into the MLS® System, down 18.9% year-over-year.

Prices are still below last year’s levels.

The average selling price in the GTA was $1,069,700 in May 2026, down 4.6% compared to May 2025.

The MLS® HPI Composite Benchmark Price was also down 6.7% year-over-year.

Compared to April 2026, sales increased by 10%, while new listings decreased by 2.1%.

TRREB described the market...

Paint Colours to Avoid When Selling or Renting a Home in 2026

Recently, I had a real situation while leasing a condo that reminded me once again how much colour can influence a buyer’s or tenant’s perception.

The owner had decided to repaint the bathroom himself and chose a deep blue colour.

When we found a tenant, one of the tenant’s first questions was:

“Would it be possible to repaint the bathroom in a neutral white colour?”

The owner was, to put it mildly, surprised. He genuinely couldn’t understand why.

But the tenant insisted and even offered to pay for the repainting himself — he only asked for permission. In the end, the owner agreed.

And...

Home Prices Have Softened, But Affordability Remains the Real Question

Why lower home prices do not always mean lower monthly payments in Toronto and the GTA

In today’s Toronto and GTA real estate market, it is no longer enough to look only at one question:

“Have home prices dropped, or will they drop more?”

That question is still important, of course. But for many buyers, homeowners, and investors, the more important question has become:

“How much will this home cost every month?”

This is where the real affordability conversation begins.

The Market Feels More Active, But Affordability Is Still Under Pressure

Across the GTA, the real estate market has started...

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