On today’s podcast, episode #98, Adrian and Ariel cover some tips and tricks for purchasing a home with a pool during this time of year.
With the pool season coming to an end, many people currently purchasing homes with pools will not get the opportunity to experience them until next season. This brings up the question of how does someone know if a pool is in working condition when they close. Some options available are pool inspections and a pool hold back clause in the contract to provide some reassurance for the buyers that the pool will be up and running in the spring.
Despite the summer months being behind us, pools are still one of the hottest items right now in the real estate market. With the high demand and their ability to increase resale value, installation companies are backed up until 2022 posing the question of what is the better option, having a pool installed or just move to a home with a pool?
With people still not traveling due to COVID, we have seen an explosion in not only the local pool markets but also in the cottage market as home owner search for a way to get away without traveling. With the supply of all waterfront properties within a 3 hour drive remaining low with an extreme high demand, cottage prices are soaring.
Pools are on fire, the cottage market has exploded, and the logistics of a pool hold back clause. All of that and more on today’s episode of KT Confidential – Real Estate Podcast.
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Adrian Trott
Ariel Kormendy
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The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.
