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Chapter 99: Appraisals — Know When to Hold ‘Em

An excerpt from the book Be The Better Broker’ Volume 3 Appraisals: Know When to Hold ’Em “You’ve got to know when to hold ’em.” –Kenny Rogers What happens when your client asks for a copy of the appraisal? Short Version Do not release an appraisal report to a client — ever. Long Version Think twice about […]

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The Four Ingredients

BELIEF DETERMINATION ACTION DISCIPLINE – A.K.A. Constant Spaced Repetition Step One: Belief Belief boils down to three little words: clarity of purpose. Clarity of purpose is crucial. Do you know why you are doing what you are doing? Do you believe wholeheartedly in the why? Do you feel an unshakable sense of purpose around the path […]

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Journaling: A Mind’s Best Friend

There’ve been numerous studies (sorry, no links to any) that confirm a connection with both learning new information and processing experiences through putting pen to paper and writing things down. I write… a lot, much of it on a keyboard. However every single morning starts, and nearly every single evening ends, with my putting a pen […]

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What If Interest Rates Quintuple?

We shall go no further than this final post on this theme. The point is made. Over the past three posts we’ve looked at (increasingly) extreme rising interest rate scenarios through the lens of household mortgage payment. Specifically, what happens to the average homeowner’s mortgage payment as rates double, tripe, quadruple… and today you guessed […]

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What If Interest Rates Quadruple?

Welcome to part 3 in an escalating series of ‘what if’s’. Please Note; I’m personally skeptical we will see any significant interest rate hikes over the next five years. (significant being more than 1% – 2%). And given that borrowers were/are qualified at a stress test rate of 5.25% (currently) the system is built to […]

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What If Interest Rates Triple?

What If Interest Rates Triple? Rather than make noise about how ‘rates can only go up’ – which is a ridiculous statement. Rates can go any one of 3 ways at any time; up, down, or flat. And when they do move, it is typically in small increments. Although I guarantee you, some media outlet […]

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What If Interest Rates Double?

Every year, since always it seems, there are headlines warning us about interest rates.  Interest rates about to rise.  ‘Prepare For Interest Rate Shock’, being one of my local favourites, as the Bank Of Canada proceed to cut rates 0.25% the very next day. The main problem with (all?) the headlines and the stories is […]

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Winter Is Coming!

Winter Is Coming! Meh, really? Seriously, why is this a constant refrain in one form or another? I attended a five day event in January 2017, and the host (who is ‘not my guru’) repeated this like a chant, over and over and over each and every day. I’d also noticed a previously optimistic, very […]

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Don’t Cold Call

Few among us look forward to making cold calls. We know what it’s like to be on the receiving end. When someone cold-calls me, he is intruding on my life without an invitation. He is interrupting whatever I may be doing. This can bring out a side of me that is abrupt, perhaps rude: the […]

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#BreakTheMold

Last April I invested ten hours into an interactive workshop hosted by master storyteller Vinh Giang. And an often repeated message each day was to #breakthemold, to step outside our comfort zone, and this weeks post reflects an effort to do just that… #workinprogress. The focus of the workshop was ‘tuning our instrument’, said instrument […]

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