this post was submitted on 21 Oct 2024
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Poor realtors... it turns out that reality and mother earth don't give a shit about the housing market.
It always surprises me that when making the biggest purchase of their life people put so much trust and blind faith into realtors who aren’t required to have any formal education nor required to have any credentials to do the job.
Maybe they should be required to get a degree that covers topics like geography, land use planning, architecture, and trades related to home construction.
They do require credentials in most places, I know they do in Ontario, not sure about Quebec. Is more about the rules, and after that it’s all marketing.
What astounds me is how little thought most Canadians put into researching a home and pricing their offers. Mostly it’s just guessing close to a nearby house.
We had considered flood maps, and I used statistical models plus machine learning to tune my bid prices. I actually had a lot of fun with the whole thing.
My one house purchased late 90s in Ontario came with notes and required signoff aknowledgement that it was in a designated flood plain. So flood plain awareness should not be new to people. (The home was on a raised pedistal foundation, so flood damage should have been minimal if it occured, and price was right)
Moving out west with huge topology changes meant I always checked flood plain maps before looking at realestate. Some friends of mine called me paranoid and had a good laugh about my efforts...but I think with all the atmospheric rivers and worldvwide flooding recently, they may now understand my madness.