🏠 IRAC Rules, Too Many Photos 📸, Property Values 💰 & Real Estate Then vs Now 🕰️

We kick things off with a hot topic: IRAC’s updated regulations 🧾 around approving residential property purchases in municipalities — especially as they relate to the federal government’s 2023 move to ban certain non-Canadians from buying residential property 🛑. What does that really mean for buyers and sellers on the Island?

Next, we ask the question: "Do we really need 50 listing photos?" 📸 Just because we can doesn’t mean we should! We dig into listing best practices and how too many images might actually turn buyers off instead of attracting them.

We also explore the murky world of property values vs tax assessments 💰— with buyers often using tax assessments to justify low offers, and politicians trying to win votes by tweaking property taxes 🗳️. Should these numbers be trust ...