Episode
💸 Overpriced & Not Listening, 🤯 Showing Overload (27 Houses?!), 📐 Why Floor Plans Don't Work on PEI, 🔑 The Vendor's Closing-Day Checklist, 🚫 The Backup Offer Myth & 💄🐷 What "Putting Lipstick on a Pig" Really Means in Real Estate
- Published
- Jun 27, 2026
- Duration seconds
- 2909
- Processing state
not_requested- Canonical source
- https://rss.com/podcasts/princeedwardisland/2897517
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Summary
🏡 Overpriced listings, showing overload, and the closing-day chaos nobody warns you about — this episode of The Michael and Patty Show breaks down the real estate truths every buyer, seller, and agent on PEI needs to hear. 🎙️ If you've ever wondered why your home isn't selling, how many houses is too many to tour, or what "putting lipstick on a pig" really means in real estate, this one is for you. 👇 💸 OVERPRICED & NOT LISTENING: We start with the hard truth no seller wants to hear. When a vendor ignores their agent's pricing advice and lists too high, no amount of fancy signs or weekend open houses is going to fix it. The market sets the price — not wishful thinking. We explain why an overpriced listing sits, goes stale, and ultimately costs you more than pricing it right from day one. 📉 🤯 SHOWING OVERLOAD: What do you do when a client wants to see 27 houses across wildly different price ranges in one stretch? (Spoiler: meet us in the basement for a nervous breakdown. 😅) We share exactly what we recommend to keep your home search focused, sane, and actually productive — including a simple trick: compare house #1 to house #2, and delete one. Narrow it down or burn out trying. 🔥 📐 FLOOR PLANS: A must-have or a waste of time? We dig into why floor plans aren't standard practice here on PEI — and why we don't think they're a good idea in the first place. Our honest thoughts on what actually helps a listing versus what just adds noise. 🤔 🔑 PREPARING FOR A CLOSING — THE VENDOR'S CHECKLIST: This is the meat of the episode and a must-listen if you're selling. We walk through everything a seller needs to handle before closing day so the deal doesn't fall apart at the finish line. That means: staying in full contract compliance, sorting out the lockbox and keys, and dealing…