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How to Measure Square Footage | KT Confidential E111

On today’s podcast, Episode 111, Ariel and Adrian discuss the importance of accurately and publicly sharing the square footage of your listing.

Be honest, how many times have you seen a listing you were interested in where you couldn’t figure out the exact square footage? When it comes to listing a property for sale, being as transparent as possible is the best thing you can do when selling to the modern consumer. Trying to pull the wool over their eyes by not making certain details easily accessible only ends up hurting your sale and ultimately wastes the time of any potentially buyer and their realtor.

We highly encourage every realtor/individual out there who is selling a home to pay the $300-$400 and get a professional floorpan done before putting your property on the market. We’ve seen rough estimations, we’ve seen people who pull the square footage from the previous time the property was listed over 12 years ago, and we have even seen people use the builder’s estimated dimensions as the exact measurements in a listing.

It has gone too far this time as we cover an article involving a pair of first time home buyers who purchased a 2100 square foot home only to find out it was actually 1450 square feet in total. How no body noticed we do not know, but what we do know is that it is time to educate everyone involved and start holding people accountable for their actions when it comes to transparency in the market.

The true cost of not having accurate floorpans, being liable for misrepresentation, and does Ariel hate cats? All of that and more on today’s episode of KT Confidential – Real Estate Podcast.

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Adrian Trott
Ariel Kormendy
Heather Karloff
Steve Bruman
Chris Behie
Jennifer Singh
Steve Cecchetto
Joanna Venditti

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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.

 

 

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