How Long Will It Sit? + 5 Wild Real Estate Realities You Didn’t See Coming episode artwork

EPISODE · Jul 26, 2025 · 47 MIN

How Long Will It Sit? + 5 Wild Real Estate Realities You Didn’t See Coming

from The Michael and Patty Real Estate Show

📍 The Truth About Time on Market, Dual Agency, Backup Offers & Bizarre Showings on PEI“How long will my property be on the market?” It’s the million-dollar question—and this episode doesn’t just answer it, we blow the doors wide open on what really impacts your selling timeline and the messy, hilarious, and sometimes shady side of the real estate world.💥 In this tell-all episode, we cover:⏱ What Actually Determines Time on MarketWhy luxury homes sit longerPricing psychology and stale listingsSeasonal selling trends in PEIThe agent’s role in shortening (or stretching) your saleThe absorption rate metric no seller should ignore⚖️ Full Disclosure When Agents Represent Both SidesConflict of interest or double the hustle?Why you might want to write "no dual agency" into your contractDiscount commissions vs. double dipping—what’s fair?🧳 "Real Estate Business in a Box" – The Agent EditionWhy some agents change brokerages more than socksWhen agents thrive… and when they rely entirely on othersPatty Castle’s take on building an agent-ready system that works🐍 The Foul-Mouthed 13-Year-Old & The Zoo ShowingsWhy you should never have kids, dogs, snakes, or mystery livestock present during a showingReal stories from the trenches (yes, that really happened)📃 New Agent Horror: Septic System on the Neighbour’s LotNo survey, no deed review, no clueWhat happens when no one checks the basicsCan you trust the PCDS? Maybe. Maybe not.📝 Backup Offers: How to Write One That Actually WorksWhat makes a strong backup offerTips for writing clean, non-conditional offers that sellers loveCash, quick close, and being ready to pounce🔥 Whether you're listing, buying, or just love real estate drama, this episode gives you real stories, sharp strategy, and a few good laughs along the way.Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's TwitterMy 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/b8yULfConnect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)

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How Long Will It Sit? + 5 Wild Real Estate Realities You Didn’t See Coming

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Frequently Asked Questions

How long is this episode of The Michael and Patty Real Estate Show?

This episode is 47 minutes long.

When was this The Michael and Patty Real Estate Show episode published?

This episode was published on July 26, 2025.

What is this episode about?

📍 The Truth About Time on Market, Dual Agency, Backup Offers & Bizarre Showings on PEI“How long will my property be on the market?” It’s the million-dollar question—and this episode doesn’t just answer it, we blow the doors wide open on what really...

Is there a transcript available for this episode?

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