Living in Prince Edward Island with Michael Poczynek and Powerhouse Patty – Real Estate & PEI Stuff!

by Michael Poczynek & Powerhouse Patty Castle Charlottetown

Welcome to 'The Michael and Patty Show,' where over 40 Years of Prince Edward Island real estate knowledge meets the microphone! Dive into the world of real estate with us as we unpack thousands of transactions in a candid, unscripted, and thoroughly enjoyable podcast. From breathtaking oceanfront properties to quaint country homes, join us each episode for insider stories, expert advice, and a hefty dose of ... 

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Podcast episodes

  • Season 1

  • 🏡 Subdivision Secrets, ⚡ Electricity Check, 📈 Negotiation Tips, 🛋️ Staging vs DIY, 🚧 Building Permits, 🏢 Rezoning Headaches, 🛎️ Listing Agent’s Role, 📝 MLS Descriptions, 🎯 Sign Meanings, and 📅 Spring Marketing Prep!

    🏡 Subdivision Secrets, ⚡ Electricity Check, 📈 Negotiation Tips, 🛋️ Staging vs DIY, 🚧 Building Permits, 🏢 Rezoning Headaches, 🛎️ Listing Agent’s Role, 📝 MLS Descriptions, 🎯 Sign Meanings, and 📅 Spring Marketing Prep!

    Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨ Join us as we dive deep into some unexpected twists and turns in the real estate world! Real estate should be fun, and in this episode, we bring a little humour while tackling some important topics! 🌟 Selling residential lot subdivisions: What you need to know about capital gains, HST, restrictive covenants, and tax strategies. Should you trust a building permit for the long term? We discuss the risks. Why homeowners shouldn't stage their own homes: the value of hiring a professional stager. Never take the owner's word for it—verify that the electricity is actually on-site! ⚡️ What do "Sold" and "New Price" signs really mean in the market? How patience can pay off: Buyers adding $5,000-$10,000 just because they got a little impatient. ⏳ Selling residential houses in commercial zones: Navigating rezoning and pricing complications. Remember, your listing agent is your messenger—let them do the heavy lifting with buyers. Why now is the perfect time to prepare your marketing materials for spring listings! Pro tip: Ask homeowners about their lifestyle and emotional connections to craft a winning MLS description. This episode is packed with expert advice and real-world insights to help sellers and buyers navigate today’s market. Don’t miss it! Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained! PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html Ready to unlock the door to your dream property? 🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI. Subscribe here: http://eepurl.com/b8yULf Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI Prefer a more personal touch? Call or text us at: 📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited) 📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.) Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

  • 🚨 New Agents, No Training, Walking Properties Without Permission, House Insurance, Bad Photos, Fixtures, Permits & More! 🏡📷🔧

    🚨 New Agents, No Training, Walking Properties Without Permission, House Insurance, Bad Photos, Fixtures, Permits & More! 🏡📷🔧

    Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨ Join us as we dive deep into some unexpected twists and turns in the real estate world! In this episode, we dive into some of the key issues facing today's real estate market. Are new agents hitting the ground running—or stumbling due to a lack of proper training? We explore how the growing number of agents during boom times leads to untrained professionals in the field. We’ll also discuss essential homebuying tips, like why house insurance is a must when securing a mortgage and how important it is to avoid walking properties without permission—especially when it comes to protecting septic fields. Buyers beware! Driving over a septic field can cause damage, and trespassing on properties is not only improper but illegal. Sellers, be sure to review your home listing photos—bad photos can hurt your sale. We’ll also break down the details of realistic timelines for offers, such as surveys, building permits, and what really constitutes a "fixture" in a home sale—everything should be documented! On top of that, we’ll address the challenges of purchasing in seasonal areas and how winter travel times can significantly change your experience. Finally, we tackle the often-overlooked issues of agents improperly marking survey pins, understanding the limitations of "approved lots" without building permits, and how long an offer should remain open. If you’re writing or receiving offers, clear communication is key to avoiding dead contracts or counteroffer confusion. This episode is packed with expert advice and real-world insights to help sellers and buyers navigate today’s market. Don’t miss it! Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained! PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html Ready to unlock the door to your dream property? 🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI. Subscribe here: http://eepurl.com/b8yULf Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI Prefer a more personal touch? Call or text us at: 📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited) 📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.) Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

  • 🏡 Overpriced by 400%? 🤔 Signage Struggles & Reverse Auctions 🚩 | Real Estate Insights

    🏡 Overpriced by 400%? 🤔 Signage Struggles & Reverse Auctions 🚩 | Real Estate Insights

    Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨ Join us as we dive deep into some unexpected twists and turns in the real estate world! Ever wonder what happens when a property is overpriced by 400% or how to handle signage in the middle of nowhere? On this episode, we’re diving into the unique challenges of selling land and why it often takes time to find the right buyer. We’ll also explore the world of reverse real estate auctions for those tricky-to-price properties, and discuss why agents need to check showing instructions carefully. Plus, we’re offering tips on leaving tradespeople's contacts for services like snow removal and lawn care when selling. Lastly, get the lowdown on IRAC non-development identification (irac.pe.ca) and its impact on land transactions. This episode is packed with expert advice and real-world insights to help sellers and buyers navigate today’s market. Don’t miss it! Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained! PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html Ready to unlock the door to your dream property? 🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI. Subscribe here: http://eepurl.com/b8yULf Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI Prefer a more personal touch? Call or text us at: 📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited) 📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.) Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

  • 📉 The Price Pin Dilemma & Real Estate Realities 🤔💼

    📉 The Price Pin Dilemma & Real Estate Realities 🤔💼

    Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨ Join us as we dive deep into some unexpected twists and turns in the real estate world! In this episode, Michael and Patty dive into some of the most frustrating and misunderstood aspects of the real estate world. From the infamous "price pin" sellers set (and why it’s so hard to lower it!) to the often heated debate around price reductions, we’re breaking it all down. We’ll also discuss: The crucial details that can make or break a deal: MLS cut sheets, property taxes, water, and septic considerations—especially when financing is on the line. Why some agents pull numbers out of thin air to secure a listing—and how you can avoid getting caught up in the hype. How and when real estate agents actually get paid, plus the myth of taking your home off the market for the winter. The real estate “voyage through the desert” and how Floyd Wickman’s principles can guide you through those long listing periods. Seller pricing amnesia and how creating a form for your initial meeting can keep expectations in check. This episode is packed with expert advice and real-world insights to help sellers and buyers navigate today’s market. Don’t miss it! Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained! PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html Ready to unlock the door to your dream property? 🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI. Subscribe here: http://eepurl.com/b8yULf Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI Prefer a more personal touch? Call or text us at: 📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited) 📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.) Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟

  • Lockboxes, Bugs, CRA Declarations, Investors, Water Supply and Escalating Clauses 🏠🔐🐜📈

    Lockboxes, Bugs, CRA Declarations, Investors, Water Supply and Escalating Clauses 🏠🔐🐜📈

    Welcome to "The Michael and Patty Podcast" 🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI real estate, offering you unscripted, expert insights with each episode. 🏡✨ Join us as we dive deep into some unexpected twists and turns in the real estate world! Ever handed over a lockbox code to a client? We explore the pros and cons of this controversial practice and discuss the elusive "miracle agent" who always seems to close the deal. 🏆 Plus, we delve into the tricky business of declaring the value of cottage contents and why community water systems can be more of a hassle than they're worth—from mortgage issues and management woes to the importance of thorough water testing. 🚰 If you've ever wondered about those creepy crawlies that invade properties (bugs, bugs, and more bugs!) or received vague texts like, "I am looking to invest in PEI," this episode is for you! 🐜 And don’t miss our breakdown of escalating clauses—what they are, when to use them, and how they can make or break a deal. 📈 Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained! PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html Ready to unlock the door to your dream property? 🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI. Subscribe here: http://eepurl.com/b8yULf Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI Prefer a more personal touch? Call or text us at: 📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited) 📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.) Thank you for tuning in, and may your day be filled with great opportunities in the world of real estate! 🏡🌟