Living in Prince Edward Island with Michael Poczynek and Powerhouse Patty – Real Estate & PEI Stuff!

🏡 Thinking about buying or selling real estate in Prince Edward Island? Don’t sign anything until you’ve listened to this episode of The Michael and Patty Show! We’re diving deep into the PEI property market with real stories, proven strategies, and the truth behind myths that cost buyers and sellers time and money. Whether you’re in Summerside, Charlottetown, “up west,” or anywhere on the Island, these tips could give you the edg...

In this jam-packed episode, Michael and Patty dish out no-nonsense advice and a few laughs as they tackle the gritty truths of PEI real estate! 🌊 Michael warns about the hidden risks of legacy subdivisions—spoiler alert: your "dream lot" might just end up under water 😬. Patty clears the air on whether you really have to call the name on that for sale sign (hint: you don’t🕵️‍♀️).

We get into the messy reality of contingent offers...

👋 In this episode, we’re diving headfirst into the chaos that unfolds when vendors speak directly to buyers, how bad intel on MLS can ruin deals, and what REALLY needs to be done before listing a property—especially high-end waterfront. From a vendor scaring off a buyer with a $75,000 renovation estimate, to agents recycling ancient square footage numbers, to the eternal question of whether you should advertise a $2 million proper...

PEI Real Estate Cycles, Video Fails & the Price-Tag Illusion 💥📹💸

In this brutally honest episode of The Michael and Patty Show, we peel back the layers of the PEI real estate market 🏡—from seasonal pricing strategies 📈 to the death of vertical video 🤳 and the rise of raw, unpolished content that somehow still gets views 👀.

We’re breaking down why those 48-hour clauses ⏳ are often a trap with an overpriced carrot 🥕 danglin...

📊 June 2025 Market Stats – What’s hot, what’s not, and what it means for your property.

🏷️ Overpriced Homes – Can you speed up the sale when your “hope price” is out of touch with reality? Spoiler: the market always wins.

📝 Offer Rejections – Do you have to formally reject an offer? The answer might surprise you (and save everyone some grief).

🚗 Agent Appearance – What does your agent drive and wear—and does it matter? You bet ...

📍 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 Ma...

How to Choose a PEI Real Estate Agent to Sell Your Home for Top Dollar, in Less Time, with No Hassle

Thinking about selling your home in Prince Edward Island? Before you sign with just any agent, you’ll want to hear this. In this episode, we break down exactly what to look for when hiring a real estate agent in PEI—especially if you’re selling a higher-end property.

We’re talking red flags, must-have credentials, negotiation skills, ...

🛩️ DRONES & DECEPTION Michael shares his aerial photo journey, from his first drone flights back in 2013 (including a REM magazine cover) to tens of thousands of shots taken from a Cessna. But here's the kicker—more isn’t always better. Sometimes, one killer photo does more than 50 mediocre ones. So why are so many listings still botched with bad imagery?

📉 PRICE SHOPPERS & GHOSTS How does it feel when someone emails askin...

🏠 First up: 13 Things You Should NEVER Have in Your Home When Selling Clutter, pet smells, political stuff, junk piles, broken faucets, questionable decor choices—we’re calling it all out. Want your home to sell faster (and for more 💰)? Start here.

📸 Then: Why Overpriced Sellers Ignore the Obvious Terrible listing photos, dead grass, vertical shots, and one poor dog showing up in every frame. Sound familiar? We're diving into the...

• 💩 Write Your Septic Clause Right – How to avoid getting stuck with a bad tank and a worse bill.
• 🧠 Creating Your Own Market – When one buyer overpays and the domino effect creates a brand new (possibly inflated) real estate reality.
• 💸 Commission Kickbacks – The truth about buyer agents refunding commission to clients… and what the data says.
• 🏗️ Rogue Contracts – Why some new agents are skipping crucial legal steps (hello, IRAC ...

🧨 Michael's Story of the Deal That Died at the Curb – After back-and-forth negotiations, the buyers drove by and ghosted. Time wasted. Agents annoyed. Vendors frustrated. We break down what happened and why follow-through matters.

📉 What's the REAL Success Rate for Real Estate Agents? Spoiler: it’s not as glamorous as HGTV makes it look.

💼 Commercial Property Dream or Delusion? Bought at $405K, listed at $1.2M seven years later. W...

From UK buyers adjusting to island prices 🇬🇧➡️🇨🇦, to Ontarians acting like they’re calling the shots from the centre of the universe 🌍, we’re not holding back.

What’s inside:

🎯 PEI’s two markets—emotional buys vs. utility buyers

🚪 Why sellers should not be home during showings (seriously)

🪧 The mystery of the “SOLD” sign—is it really sold?

📱 Weirdest texts REALTORS get (yes, someone really said that)

🏝️ Island slang for the uni...

🧠 Using Chatgpt to Analyze Maps – Yes, AI is coming for your maps too. Here's how to make it your secret weapon.

🏡 Seniors Downsizing Drama – When you’re told who you “have to” list with... and why you should raise an eyebrow (or two).

📜 Restrictive and Protective Covenants – The fine print that can kill your dream home or business plan. We’re talking minimum sizes, seasonal rentals, HOA fees, and more.

💰 Appealing Your Property T...

🎙️ Where’s the Best Corner of PEI to Live? 🏝️🏘️ Real Talk on Real Estate & Island Life!

In this jam-packed episode, we tackle a listener question from Sue: Which part of Prince Edward Island is the best to call home? 🧭 (Spoiler: it depends on your love for remote beaches 🏖️ or city buzz 🏙️.)

Then, we dive into this week’s hot topics:

🤖 AI & Full Disclosure – We’re way past the Photoshop days. What honesty looks like 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 s...

💰 FINTRAC Fumbles? We dig into the stats 🕵️‍♂️ – $120M later, how many money launderers were actually caught? 🤔

📝 Danger Zone: Adding Docs to Your P&S Agreement – Authenticity overload! 🧾📸🏡

❄️🏡 Winterize That Cottage? – What to ask before making it a year-round retreat 🛷🧤

🌐 Creeping Your Agent – Why checking their online game 🎥💬📱 matters (and yes, we Googled them for you)

🌸 Spring Has Sprung! – Time to grab the 2025 ...

In this packed episode of The Michael and Patty Show, we’re pulling back the curtain on some of the real estate industry’s most misunderstood topics—starting with the real reason open houses happen (hint: it's not always to sell the home 🏡). Are they just lead generation events in disguise? A way to appease sellers? Or can they still work in today’s market?

We also dive into:

➡️ Showing FSBOs (For Sale By Owner) when no commission i...

This episode dives deep into the nitty-gritty of what agents really need to know. From surviving low-commission brokerages to knowing when to run from a “virtual office” setup, we’re talking about the red flags that can sink your career before it starts.

🔎 Topics We Cover:

• 💸 Brokerage Commission Splits – Why generous splits matter, and why joining a broke firm is a fast track to the unemployment line. We pull back the curtain o...

🔍 Days on Market – The Lies Behind the Numbers We peel back the curtain on MLS history, relisting tricks, and how those seemingly innocent numbers can be very misleading.

🚿 Can Your Well Handle a Mansion? Thinking about building an 8 or 9-bedroom home? We talk flow rates, recovery, pressure tanks, and how seasonal water levels impact supply.

👀 Buying a Property Subject to Viewing Yes, it happens — and here’s what you need to know ...