The Michael and Patty Real Estate Show

The Michael and Patty Real Estate Show

byMichael Poczynek & Powerhouse Patty Castle

BusinessInvestingSocietyCulturePlacesTravel

Welcome to 'The Michael and Patty Real Estate Show' with Prince Edward Island’s power couple, where over four decades of full-time real estate knowledge meet the microphone! Dive into the world of real estate with us as we unpack thousands of transactions in a candid, unscripted, and thoroughly enjoyable podcast. From breathtaking oceanfront properties to quaint country homes, join us each episode for insider stories, expert advice, and a hefty dose of fun. Whether you're a seasoned investor or just curious about the market, 'MAPS' is your gateway to mastering the ins and outs of real estate on the Is...

Episodes(40 episodes)

Season 1 - Episode 151
🗣️ "There's More Play With My Clients" – Who Is That Agent Representing? 💔 The Divorce Sale Where the Wife Changed Her Mind, Plywood Over a Destroyed Foundation 🐷💄Charlie Munger's Rule & Deposits With Offers 💰
🗣️💰 A buyer's agent phones the listing agent and says, "There's more play with my clients." Wait — who is that agent actually representing? Their buyers, or their own commission? 🤔 In this episode of straight-talking Prince Edward Island real estate advice, we unpack that phone call, a divorce sale that fell apart when the wife decided she didn't want to sell, plywood nailed over a completely destroyed foundation on a house back on the market as a pig with lipstick. Charlie Munger's rule for anyone starting out in real estate, and the Facebook group question everyone is asking: is it common to be asked f...
Published: Sep 19, 2026Duration: 43m 56s
Season 1 - Episode 150
🏡 My Friends Think It's Worth… Should You Move to PEI? Healthcare Explained, AI How-To Videos & Unlocking PDFs 🤖 Septic Smell Means Test Your Well, Reno vs Build New, $650K Houses Listed at $1.1M, Deed Traps & IRAC Buffer Zones ⚠️
🏡🤔 "My friends think it's worth…" — four words that sink more house sales on Prince Edward Island than almost anything else. This episode is your survival guide to overpriced listings, deed traps, IRAC buffer zones and contaminated well water. 🎙️ Should you move to PEI, and what is the healthcare system really like? Plus AI tools that build how-to videos and unlock PDF files, renovating an old house versus building new, and $650,000 houses hitting the market at $1.1 million — hit play for honest Maritime real estate advice. 📲💬 First up: pricing by committee. Your friends are lovely people, but they are not the market. We brea...
Published: Sep 12, 2026Duration: 43m 19s
Season 1 - Episode 149
🏡 July Stats, Rent to Own & Vendor Takebacks: You're Probably Paying Too Much, Rented Cottage & Condo Lots Listed as Owned 🏝️ Multiple Tax Numbers on One Property, Stairs Off a 35-Foot Bank Every Winter, the Fake Rental Story & TSP Explained 🧼
🏡✨ Thinking about rent to own, lease to own or a vendor takeback mortgage (VTB) on Prince Edward Island? Before you sign a single page, listen to this — because in most of these deals, you're probably paying too much. 🎙️ We open with July's PEI market stats, then dig into rented cottage and condo lots advertised as owned land, multiple tax numbers on one property, stairs that must come off a 35-foot bank every winter, and the seller "renting it out" after quietly selling privately to dodge commission — hit play for honest Maritime real estate advice. 📲📊 First up, July stats. We walk throu...
Published: Sep 5, 2026Duration: 39m 51s
Season 1 - Episode 148
🏡 Real Estate Isn't Stressful IF You're Prepared, 10,000 Hours vs PEI's Worst Education Programme, the Agent Who Was 35 Minutes Late, FINTRAC Myths Busted & Why You Make Your Money at the Purchase 💰 Plus AI Fixes Your Broken Tap 🔧
🏡✨ Is real estate really complicated and stressful? Not if you're prepared, educated and working with an experienced agent — and in this episode we prove it. 🎙️ From the 10,000 hours and 1,000 transactions that separate a true full-time PEI professional from a part-timer, to the showing agent who turned up 35 minutes late and cancelled, to why location is your exit plan and you make your money at the purchase, not the sale — hit play now for honest, practical real estate advice every Prince Edward Island buyer and seller needs. 📲🧠 Real estate isn't complicated, and it isn't stressful — IF. That's the big word. If you're pr...
Published: Aug 29, 2026Duration: 44m 52s
Season 1 - Episode 147
🏚️ Tracking Down Abandoned House Owners, Scoring Showing Feedback Zero to 100, Why Emails Can Haunt You a Decade Later, Non-Refundable Deposits on Long Closings, AI Reads a Credit Card Statement 💳 Vanishing Clients vs Getting on MLS in Minutes 📵💰
🏚️✨ Ever driven past an abandoned house or a vacant piece of land on Prince Edward Island and wondered who owns it — and whether they would sell? We can track them down, and in this episode we tell you exactly how. 🎙️ From scoring showing feedback on a zero-to-100 scale, to why email conversations can haunt you a decade later, non-refundable deposits on delayed closings, AI reading a credit card statement, and the disappearing clients who sabotage their own listings — hit play now for the honest, practical Maritime real estate advice buyers and sellers are searching for. 📲🏚️ That derelict farmhouse. That overgrow...
Published: Aug 22, 2026Duration: 40m 11s
Season 1 - Episode 146
🏡 17 Showings in a Day, Bigger Isn't Better Heat Pumps & the Sewer Inspection Nobody Does 🚽 FINTRAC Secrets, Nosy Neighbour Price Wars, Trusted Referrals & Sellers Who Won't Believe the Price 💰
🏡✨ Buying or selling on Prince Edward Island, Nova Scotia or New Brunswick? This episode is packed with honest, practical real estate advice you need before you sign anything. 🎙️ From touring seventeen homes in one day to the oversized heat pump sales gimmick costing homeowners comfort, plus sewer inspections, nosy neighbours, FINTRAC fraud protection and trustworthy referrals — hit play now for the straight-talking answers Maritime buyers and sellers are searching for. 📲🚗 Seventeen showings, one day, zero complaints: how we pull off a genuine buyer request like this without burning out the buyer, the sellers, or ourselves, and why our search regular...
Published: Aug 15, 2026Duration: 38m 23s
Season 1 - Episode 145
🏠 Realtor to English Dictionary Decoded 📖 Phoney Comparables, HST Surprises, Drywall-Filled "Solid Wood" Doors, Dropbox Scam Red Flags, Showing-Booking Blunders, Seamless Province-to-Province Moves & Why You Should Never Trust Survey Pins 📍
🏡 What is your REALTOR® really saying? In this episode we open up the Realtor-to-English Dictionary and translate the sales talk, pricing games and listing tricks every buyer and seller needs to understand before signing anything. From inflated price expectations and phony comparables to real estate scams, HST surprises, hollow "solid wood" doors and survey pins you should never trust, this is the straight-talking, fact-based real estate advice Prince Edward Island buyers and sellers — and anyone in any market — can actually use. 🎙️ Whether you're a first-time buyer, a seasoned seller, a cottage hunter or a mainland family planning an Island move, grab a...
Published: Aug 8, 2026Duration: 41m 39s
Season 1 - Episode 144
🏡 The Listing Mistakes Costing PEI Sellers Hundreds of Thousands 💸 Pricing Games, Agent Conflicts & the Commission Discount Trap — Plus Jeep Roads & Island Laughs 🚙
🏡 Thinking of selling your home on Prince Edward Island — or anywhere else? Before you sign a listing agreement, listen to this. In this episode, we pull back the curtain on the real estate pricing games, the agents you should never list with, how to value your home properly, and the costly "favours" that quietly cost sellers hundreds of thousands of dollars. 💰 Whether you're a homeowner, a first-time seller, a mainland buyer eyeing an Island move, or you simply love straight-talking real estate advice, this one is packed with practical, fact-based guidance you can actually use before you list. 🎙️📉 Priced ou...
Published: Aug 1, 2026Duration: 46m 48s
Season 1 - Episode 143
🏠 Vacant House Horror Stories, Sellers Who Blame Everything but the Price, Verbal Counter Offers Gone Wrong 😡 Selling Commercial Property in PEI, Free Home Insulation for Islanders 💰 & the Surprising Origin of PEI's Roadside Lupins 🌸
🏠 What really happens when a house sits vacant for five or six years? And why do sellers blame everything except the price? This week on PEI's favourite real estate podcast, Michael and Patty pull back the curtain on the situations agents actually run into — from mouse-filled vacant homes to furious vendors, verbal counter offers gone wrong, and the surprising truth about Prince Edward Island's famous roadside lupins. If you're buying, selling, or just curious about Island real estate, this episode is packed with practical advice you won't want to miss! 🎙️🐭 A HOUSE LEFT VACANT FOR YEARS Michael shares a jaw...
Published: Jul 25, 2026Duration: 48m 31s
Season 1 - Episode 142
🏠 Basement Red Flags & Hidden Heat Loss 🔦 The DIY Vapour Barrier Test 💧 Lawyers on Both Sides ⚖️ Does Adding a Garage Pay Off? 🔨 Scrutinizing an Offer Clause by Clause 📑 & Using AI to Settle a Property-Line Dispute 🗺️
🏠 Buying or selling on Prince Edward Island? This episode of The Michael and Patty Show is packed with hands-on, real-world knowledge you won't find in a glossy listing or a quick online search. From crawling through unfinished basements to using artificial intelligence to settle a neighbour's property-line dispute, we pull back the curtain on what really happens behind the scenes in PEI real estate. 🌊🔦 We open in the basement — one of the most overlooked yet revealing parts of any home. Learn what to look for in an unfinished basement: drywall showing wetness or mould, insulation gone black or the wron...
Published: Jul 18, 2026Duration: 50m 40s
Season 1 - Episode 141
🏡 The Deal That Was "Too Small" 💼 Offers Through the Listing Agent, Agents Working Markets They Don't Know ⚖️ Water & Septic Surprises 💧 Do Kitchens & Bathrooms Add Value? 🔨 PEI Absorption Rates 📊 & Should You Move to the Island? 🌊
🏡 Ever felt like your real estate deal was "too small" to matter? On this episode of The Michael and Patty Show, we pull back the curtain on the uncomfortable truths most agents won't say out loud — and PEI buyers and sellers need to hear. 🔑 From offers written through the listing agent, to water and septic surprises that can sink a sale, this one is packed with hard-won insight for anyone buying, selling, or dreaming about a move to Prince Edward Island. 🌊💼 We open with an honest confession: writing an offer through the listing agent because a deal seemed "too sm...
Published: Jul 11, 2026Duration: 47m 46s
Season 1 - Episode 140
🏠 Buy the WORST House in the BEST Location, Why a Listing Agent's Job Is to Get TOP Dollar (Not Talk the Price Down) 💰 When a Buyer's Budget Isn't Real, Too Much Signage Content 📢 5 Common Property Title Issues & Charlottetown Square Footage 📐
🏠 Should you buy the WORST house on the block — or hold out for the best? In this episode, we break down one of real estate's most timeless rules and explain why the ugliest house or cottage in the very best location is often the smartest money you'll ever spend. 📍 If you've ever wondered how the pros actually think about value, pricing, and PEI property, this is one conversation you won't want to miss.💰 We open with a message every young buyer needs to hear: if you're young and you have the money to buy a house, do not let you...
Published: Jul 4, 2026Duration: 47m 31s
Season 1 - Episode 139
💸 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
🏡 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...
Published: Jun 27, 2026Duration: 48m 29s
Season 1 - Episode 138
🚨 Fake Numbers, Pig with Lipstick & AI-Powered CMAs: Real Estate Truths You Can't Afford to Ignore 🏡
Are you making costly mistakes when buying or selling real estate? Whether you're a buyer, seller, or agent, this episode is packed with hard-hitting truths, insider strategies, and warnings that could save you thousands — or help you make thousands more. From AI-powered market analysis to fabricated commercial numbers, lipstick on a pig, and secrets hiding inside a breaker panel, this episode covers what is really happening in today's market. Don't miss this one. 🎙️🏡🚨 Overpriced Listings & The Promises Agents Shouldn't Make A serious issue that is far too common: agents winning listings by promising sellers an unrealistically high price. This t...
Published: Jun 20, 2026Duration: 50m 1s
Season 1 - Episode 137
🏡 April Stats, Tax Notices & Closing-Day Stress: What PEI Buyers and Sellers Need to Know 📊⚖️
🏡 April real estate stats, pricing mistakes, property tax assessments, closing-day stress, and smarter negotiation strategies — this episode is packed with practical advice for PEI buyers, sellers, and homeowners.In this episode, we break down what’s happening in the Prince Edward Island real estate market, including the latest April stats and what those numbers may mean for buyers and sellers heading into the next stage of the market. 📊We also dig into a common but dangerous assumption: thinking the list price automatically equals market value. Just because a property is listed at a certain number does not m...
Published: Jun 13, 2026Duration: 47m 8s
Season 1 - Episode 136
🏡 Contracts, Kitec, Cleaning Clauses & Closing-Day Surprises 💰
🏡 Real estate surprises usually do not show up when everything is going smoothly — they show up when the contract is vague, the plumbing is old, the basement is damp, or the bank puts a cheque on hold at the worst possible time.In this episode, we dig into the real-world issues that buyers, sellers, homeowners, and agents need to think about before small problems become expensive problems. From buying an air conditioner before the summer rush hits ☀️ to understanding Kitec plumbing, basement efflorescence, continued occupancy after closing, cleaning clauses, deposits, holdbacks, and lawyer’s cheques, this episode is packed w...
Published: Jun 6, 2026Duration: 37m 33s
Season 1 - Episode 135
🏡 Spring Buyers, HST Rebates, Real Estate Scams & Hidden Cameras 🎥🚨
🏡 Spring real estate season is here — and buyers are officially looking! If you are buying, selling, building, showing, listing, or even just thinking about real estate, this episode is packed with practical advice, real-world stories, and a few warning signs you definitely do not want to ignore. From house viewings and HST rebates to email fraud, showing etiquette, lawyer delays, and hidden recording devices, this is one of those episodes that covers the stuff people only learn the hard way — unless they listen first.Spring is one of the busiest times in real estate, and buyers often walk in...
Published: May 30, 2026Duration: 48m 45s
Season 1 - Episode 134
Fake Water Views, Solar Panel Truths & Rising Insurance Costs 💥🏡
Thinking of buying, selling, or investing in real estate? This episode pulls back the curtain on the stuff that actually matters — and the things that can quietly cost you a fortune if you get them wrong 🔍💥Solar panels ☀️ sound great on paper, but are they really paying off? Between lease agreements, payout structures, and long-term commitments, the reality isn’t always as shiny as the sales pitch. If you’re buying a home with panels (or thinking of installing them), you’ll want to understand exactly what you’re stepping into.Then there’s one of the biggest grey ar...
Published: May 23, 2026Duration: 49m 53s
Season 1 - Episode 133
🏡 Pre-Approval Myths, Pricing Traps & Real Estate Mistakes That Cost You 💸
Thinking about selling your home, buying property, or navigating today’s real estate market? 🏡💥 This episode pulls back the curtain on what actually happens behind the scenes—and the costly mistakes that can wreck your deal.From appraisals that can save you from pricing disasters 💰 to the harsh truth about mortgage pre-approvals (hint: they don’t mean what you think 😬), this episode is packed with straight talk, insider knowledge, and a few reality checks you won’t hear anywhere else.We break down PEI government (gov.pe.ca) renovation programs 🛠️ that could put money back in your pocket, and expla...
Published: May 16, 2026Duration: 48m 48s
Season 1 - Episode 132
💰 Is Your House Really Worth $1,000,000? Cash Offers, HST & Price Reality 🏡
Think your house is worth $1,000,000? 🏡💰 This episode is a real estate reality check for buyers, sellers, investors, and homeowners who want straight talk instead of wishful thinking. We dive into overpricing, expired luxury listings, cash offers, HST, tax reassessments, water intrusion, and the little details that can cost you a lot of money if you get them wrong. If you want practical real estate advice with honest opinions and useful examples, this episode is packed with it.We start with a hard truth: the market is starting to sober up, and some sellers need to sober up with i...
Published: May 9, 2026Duration: 51m 3s