10 Year Anniversary Giveaway – Schofields Bistro

It’s week 2 of our 10 weeks of giveaways to celebrate our 10th Anniversary.  This week we are highlighting Schofields Bistro located in Port Dover.

You can win a $50 gift certificate to Schofields Bistro by entering our Anniversary Giveaway.  And Schofields has donated an additional $50 gift certificate so we will be giving away two $50 prizes this week!  Deadline for this week’s giveaway is 10 am EST, Sunday, January 24.  A random draw will take place on January 24.  Click here to enter.

Schofields Bistro was established in 2011 and is located in the heart of downtown Port Dover, just steps from the Lighthouse Festival Theatre.  Chef and owner Michael Haywood is a lifelong resident and proud “Port Doverite.”
Schofields offers lunch and dinner Wednesday to Sunday and a delicious Brunch on Sundays.  You can view their menus here:

Schofields can be found on Facebook and Instagram.  You can also visit their website where you can see their menus, request information about catering, view their family pack take out options and more.

Schofields Bistro is open Wednesday & Thursday 11 am to 8 pm, Friday and Saturday 11 am to 9 pm and Sunday from 9 am to 8 pm.  You can reach them at 519.583.3400 or schofieldsb@gmail.com

10 Year Anniversary Giveaway – The Country Fork

This week we are highlighting a Port Rowan favourite – The Country Fork located at 1048 Bay Street. For those of you familiar with the area, you may remember this as the former Masonic Lodge.

You can win a $50 gift certificate to The Country Fork by entering our Anniversary Giveaway.  Deadline for this week’s giveaway is 10 am EST, Sunday, January 17.  A random draw will take place on January 17.

The Country Fork offers a mouthwatering breakfast menu, delicious lunch options, weekend dinner specials, some tasty baked treats, local goods and giftware and they also offer catering.

Be sure to follow them on social media (links below) to watch for their $10 lunch specials and their weekend dinner menus.

Due to current COVID restrictions, the restaurant is open for take out only – AND they’re offering FREE delivery in Port Rowan (a small fee is applied for local out of town delivery).  Contact the restaurant for more details.

You can find The Country Fork on Facebook and Instagram.  Their daily breakfast and lunch menu can be found by clicking here.

The Country Fork is open Wednesday & Thursday 8 am to 4 pm, Friday and Saturday 8 am to 8 pm and Sunday from 8 am to 2 pm.  You can reach them at 226-534-1616 or thecountryfork@gmail.com.

We’re Celebrating 10 Years in Business!

TODAY is our 10th Anniversary at Erie’s Edge Real Estate!

To celebrate, we are giving away ten $50 gift cards to local restaurants.

For each of the next 10 weeks, we’re going to feature one local restaurant a week on our social media channels, to which we are giving away a $50 gift card.  We will also post a link to enter that weeks contest.

Follow us on Facebook, Instagram or Twitter to make sure you don’t miss out on your chance to win.

CONTEST RULES

  1. Contest hosted by Erie’s Edge Real Estate, 1021 Bay Street, Port Rowan, ON  N0E 1M0  519-586-7922
  2. No purchase necessary
  3. One entry per person per week
  4. Draws will be made every Sunday by a random name picker and the new restaurant will be announced every Monday.
  5. Entries close at 10:00 am EST every Sunday
  6. Winners will be contacted via email or phone and posted on our social media channels
  7. Prizes will be mailed to the address provided
  8. This promotion is in no way sponsored, endorsed or administered by or associated with Facebook, Instagram or Twitter.

Local Restaurants offer New Year’s Eve at Home

While we can’t celebrate New Year’s Eve at our favourite restaurant this year, there are many local restaurants that are featuring a New Year’s Eve menu.

We’ve put together this summary of Norfolk County restaurants for your easy reference.  If we’ve missed anybody offering a New Year’s Eve menu let us know in the comments section so that we can update the list.

Our local restaurants need us.  Let’s show them and their employees that we value their commitment to serving us safely, and we can’t picture our lives without them.

Click on the restaurant name to see their 2020 NYE Special

Country Fork 

Erie Beach Hotel 

Ritzy’s Bakery & Deli

The Combine Norfolk 

David’s Restaurant

Schofield’s Bistro

What Does the Province Wide Shutdown Mean for Real Estate

Ontario has been placed into a Province wide shutdown.  

The restrictions will remain in place in Southern Ontario until January 23rd, 2021.

Real estate continues to be listed as an “essential service” by the Province. That means that real estate businesses can continue to operate while the Province is in Shutdown and real estate transactions can continue to close.

That doesn’t mean it’s business as usual. 

During this Shutdown, Erie’s Edge REALTORS® will only conduct essential business and avoid face-to-face interactions with customers and clients unless it is absolutely necessary.

We will continue to work remotely and use technology like virtual showings, electronic signatures and virtual meetings to the greatest extent possible.

When an in-person showing is necessary, we will first conduct as much business as possible virtually before conducting an in-person showing.  All local health officials’ instructions (including those of municipal local health officials) must be followed. Particularly relevant will be guidance around physical distancing, use of personal protective equipment (PPE), such as face coverings, and cleaning and disinfection before and after the showing. 

Practically, to reduce risk of transmission of the virus, the following should be practiced in conjunction with all relevant and applicable advice, recommendations and instructions from public health officials: 

Clean and Disinfect 

It is standard practice for a selling homeowner to present a clean house. Today, it is even more important that the home is cleaned and disinfected before each showing. Ensure door handles, light switches, counters, cabinet knobs and other high-touch surfaces are targeted. Once a showing is complete, the home should be cleaned and disinfected again. 

Wear PPE 

Our REALTORs will follow provincial guidance and wear face coverings.  We will also practice physical distancing whenever possible. We ask our clients to also wear face coverings and attempt to physically distance.

Replace the Handshake 

Limited physical contact is vitally important to prevent the spread of COVID-19.  While it seems  

Inside The Home 

To minimize health risks, it is best if homeowners are not present during the showing.

Our REALTORs will ask clients to limit the amount of time they spend in the home. Conversations with buying agents and prospective buyers should take place outside, and in between back-to-back showings so that high-touch surfaces may be disinfected.

Please do not sit on the furniture inside the home or use the bathroom.
 

Turn on Lights & Open Doors 

We will ask sellers to open all of the interior doors. Door knobs and light switches are two of the most commonly touched surfaces in a home. It is request that  home sellers ensure all lights are on and doors (including closet doors) open so that any viewings can be completed without having to touch these surfaces. 

Improve Ventilation 

We recommend that home sellers consider options to improve ventilation in a home, like opening windows, when completing showings. 

Digital Documents 

In an effort to reduce the number of physical documents passed from one party to another all of our marketing materials about the home will be produced digitally. Contracts and forms supporting the sale of the property can be signed electronically which is not only safe but it’s easy, convenient and fun.  Where there is no choice but to use paper documents, we will take every precaution available to. us. 

Space out Showings 

Each showing should be scheduled with enough time in between to facilitate a thorough disinfecting of the home and minimize inter-personal contact. 

Limit the Number at the Showing 

Viewings should be limited to the parties to the contract only. We strongly discourage extended family or children in the showing.

Meeting at the Property 

To help prevent the spread of COVID-19, we all make arrangements to meet buyers at the property. 

Clean & Sanitize 

Before and after entering a home, it is strongly recommended that you wash your hands with warm water and soap and/or use an alcohol-based hand sanitizer.

Our number one priority is the health of safety of our clients, our REALTORS and our communities.  If you have any questions, please contact our Broker of Record Ray Ferris. 

While Viewing a Property

Please review as much information about the property online in advance of the showing.  In person viewings should be completed as quickly as possible to minimize the amount of time inside the home.  Conversations should take place after the showing outside of the home.

Please wash your hands with warm water & soap and/or use an alcohol based hand sanitizer before and after entering a home.

Please limit showings to only the buyers and exclude additional family members, friends or children unless there are exceptional circumstances and prior arrangements have been made.

  • Please don’t touch anything inside the home.
  • Please don’t turn any lights on or off.
  • Please don’t sit on the furniture.
  • Please don’t use the washroom.
  • Please don’t open or close any interior doors.
  • Please practice physical distancing of at least two metres at all times.

Our number one priority is the health of safety of our clients, our REALTORS and our communities.  If you have any questions, please contact our Broker of Record Ray Ferris.

Not Enough New Listings to Keep Up with Buyer Demand

Local real estate sales are starting to climb following a free fall after Ontario declared a state of emergency in the face of COVID-19.

Leading up to the province’s state of emergency announcement,  Norfolk County sales were outnumbering the previous year by 12%.

The number of new sales hit a low of only 3 sales during the week of March 30 to April 5 which was a 667% drop in comparison to the year prior.

Since hitting rock bottom in late April and early May sales have slowly improved with the most significant gains made over the course of the last two weeks. 

“Buyers, sellers and REALTORS® alike have learned to accept and adapt to these challenging circumstances which has given way to modest signs of stabilization,” noted Ray Ferris, Broker of Record at Erie’s Edge Real Estate Ltd.

There are further signs of optimism in the local real estate market.

“There aren’t enough new listings coming on the market to keep up with current demand.  As the number of sales are increasing, not enough properties are being offered for sale to replenish inventory,” observed Ferris.  “Over the last two weeks, new listings are down 55% compared to last year.  As a result, we’re experiencing bidding wars more often than not.”

Signs of Optimism in Local Real Estate Market

Following Ontario’s declaration of a state of emergency on March 17,  Norfolk County real estate sales entered a free fall just as the spring market was revving up. 

Leading up to this point,  Norfolk County sales were outnumbering the previous year by 12%.

During the first week of April, Norfolk’s real estate sales hit bottom and have since started to rebound. Buyers, sellers and REALTORS® alike have learned to accept and adapt to these challenging circumstances which has given way to modest signs of stabilization” notes Ray Ferris, Broker of Record at Erie’s Edge Real Estate Ltd.

The small decrease observed in the number of sales during the last two weeks is a direct result of fewer listings entering the marketplace at the beginning of the state of emergency.

In mid April, the number of new listings entering the marketplace started to increase and continues to climb.

As a result of the number of new listings increasing it is likely that so will the number of sales.

“We are committed to continuing our services through this crisis for those who have to move,  said Ferris.  “We respect and adhere to orders from the provincial government and local public health authorities as we adjust to serve real estate consumers who rely on us.”

“We realize that it is unreasonable to except a family to make the biggest purchase in their lifetime without physically viewing the home they want to buy” noted Ferris.  “However, we can limit physical interaction by focusing home search efforts on more video conference calls,  greater emphasis on high resolution photos, virtual tours, and colour floor plans.”

Statistics as reported on the Ontario Regional Technology Information System for Norfolk County as of April 20, 2020 for both listing and sold data of single family residential homes within the time frames indicated on the charts provided.

The Most Important Person in a Real Estate Office Isn’t Who You Think

No, it’s not the Broker of Record or sales representatives. It’s the administrators. These unsung heroes are the ones who really run the show.

Administrators spend endless hours catering to and anticipating the needs of the company. A great administrator keeps the management team on time and in the know – in other words, it’s an administrator’s job to make the bosses look good and keep them organized.

Administrators are “the most powerful person in the office.” They are the backbone of the brokerage. They know everything about the brokerage’s people. It’s not just administrative work. They know what others need, how they think, and they know without having to ask them what they need to do in order to make their people better. When they get into the office, they drop all of their own self needs and dedicate everything to the company and its people. Everything they do is to make the brokerage successful.

They say the best part of a company is its people. That’s certainly the case when it comes our administrator.

Thank you Patti and Rachel for all that you do!

What’s Happening in the Real Estate Market?

Real estate sales are on a downward spiral just as the spring market was revving up.

There were 13 firm sales reported on the local MLS® for all of Norfolk County for the week of March 23 to March 29.  The following week, March 30 to April 5, only reported three sales.  That’s a decrease of 77%.

During the week of March 30 to April 5 one year ago, there were 23 sales reported on the local Multiple Listing Service (MLS®).  This year’s numbers for the very same week illustrate at 154% plunge.

Real estate showings are down 75.8% from same time last year.

A side effect of the global pandemic is that the local real estate market went from a seller’s market to a buyer’s market overnight.

Buyers, sellers and REALTORS® alike are coming to terms with these challenging times.  Everyone is learning how to adapt. 

The question on everyone’s mind is “what’s next?”  April is going to be a telling month in terms of what we see in the short term. 

It’s a wait-and-see approach to see the impact on a more stabilized basis.

“While it’s impossible to determine how long sales could be affected, and there isn’t exactly a precedent for how this health crisis may play out, there is one economic event that could be comparable in how the housing market was affected – the 2008-2009 global recession.

According to analysis by Zoocasa, benchmark real estate prices dipped across the nation during this time period by eight per cent from $370,900 to $341,700. The drop was most pronounced in the Greater Vancouver area, which experienced a 14-per-cent decline, from $575,400 to $497,000. Losses were smallest in the Greater Toronto Area, down six per cent from $367,100 to $344,900. 

However, these price declines didn’t become the norm – as any market watcher will tell you, the decade between the end of the aughts and the start of 2020 ushered in a period of astronomical price growth.”1

1-https://www.remonline.com/whats-next-for-home-prices-amid-covid-19/?utm_source=REM+Inbox+Update&utm_campaign=8a79cadae9-EMAIL_CAMPAIGN_2020_04_07_02_44&utm_medium=email&utm_term=0_3f4c7c7b65-8a79cadae9-61116225