About this episode
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 & TIMESTAMPS0:00 Intro2:23 Buyer irrevocable explained6:56 Counteroffers and expired irrevocable9:15 Why counters don’t need to happen before the deadline11:19 Professional courtesy and communication failures15:26 Why representation matters more than price19:37 Old-school in-person offer presentations vs today21:24 Episode 264 reference21:46 Outro/recapWatch on YouTube:https://youtube.com/kormendytrottListen on Spotify:https://open.spotify.com/show/1pwncyet9NydbgTmx5D21kLinktree:https://linktr.ee/kormendytrottInstagram:https://instagram.com/kormendytrottYouTube:https://youtube.com/kormendytrottFacebook:https://facebook.com/kormendytrottX:https://x.com/kormendytrottLinkedIn:https://linkedin.com/company/ktrealtyTikTok:https://tiktok.com/@kormendytrottThe Kormendy Trott Team was formed in 2011 by Ariel Kormendy and Adrian Trott. Originally a team of two in Milton, Ontario, KT has grown into a full-service real est
