Most Agents Get This Wrong | The Irrevocable Clause Explained | EP382

About this episode

This episode clarifies the misunderstandings surrounding the irrevocable clause in real estate transactions and its impact on negotiating power.

Most buyers and sellers misunderstand the irrevocable period — and it can quietly cost you negotiating power and real money. In this episode of The Real Estate Podcast, Ariel Kormendy and Adrian Trott break down what an irrevocable clause actually means in an Agreement of Purchase and Sale in Ontario, when it matters, and when it doesn’t. They explain why counters do NOT have to happen before the deadline, how timeline pressure hurts sellers, and how poor agent communication can derail an entire deal. From legally binding offers to behind-the-scenes negotiation realities, this episode clarifies one of the most misused clauses in real estate. Read The Emotional Side of Selling KT Blog Here: https://kormendytrott.com/the-emotional-side-of-selling/ VIDEO SECTIONS & TIMESTAMPS 0:00 Intro 2:23 Buyer irrevocable explained 6:56 Counteroffers and expired irrevocable 9:15 Why counters don’t need to happen before the deadline 11:19 Professional courtesy and communication failures 15:26 Why representation matters more than price 19:37 Old-school in-person offer presentations vs today 21:24 Episode 264 reference 21:46 Outro/recap Watch on YouTube: https://youtube.com/kormendytrott Listen…

People in this episode

Hosts: Ariel Kormendy, Adrian Trott

Topics covered

• irrevocable clause
• real estate negotiation
• Agreement of Purchase and Sale
• agent communication

Keywords

• negotiating power
• real money
• Ontario real estate
• counters
• agent communication

Mentioned in this episode

Books & works: The Real Estate Podcast, The Emotional Side of Selling KT Blog

Places: Ontario, Milton, Halton Region, Peel Region, the Greater Toronto Area

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