Blog

How Real Estate Commissions Work

I want to share this article from the Toronto Sun with you – it clearly spells out how real estate commissions work. The real estate industry operates on being paid only upon a successful result. This means that if your property does not sell or close, you do not pay. The fact that the fees […]

Market Update, July 2016

Summer resales sizzle in a hot July The hot summer continues – both in weather and real estate!  Sales continue to outpace 2015 numbers in both monthly and year-to-date comparisons. Members of the Ottawa Real Estate Board sold 1,491 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,430 in July […]

Staging

Staging is an important part of the selling process.  Recently I had some clients come to me with some tight timelines to get their house ready to sell.  My stager and I came up with a game plan and the results were great.  They sold their Ottawa home in one day for close to asking […]

Market Update, June 2016

HOT JUNE MARKET! Members of the Ottawa Real Estate Board sold 1,985 residential properties in June through the Board’s Multiple Listing Service® System, compared with 1,691 in June 2015, an increase of 17.4 per cent. The five-year average for June sales is 1,717.  June sales turned out to be the highest sales in any month […]

Sales stay consistently hot through May Heat Wave

The May weather was steamy and the May real estate market just as hot. The Ottawa resale market continued its steady pace upwards, continuing an above-average trend for the month of May. Members of the Ottawa Real Estate Board sold 1,921 residential properties in May through the Board’s Multiple Listing Service® system, compared with similar […]

SPIS – Seller Property Information Statement

This standard form was created by the Ontario Real Estate Association. It is completed by the listing party and contains information about the house being sold based on the Seller’s knowledge and experience in the house. Some Ottawa home buyers will ask for this as part of an offer. Sellers are not required by law […]

Market Update, April 2016

April turned out to be the best month for unit sales since 2010!  Members of the Ottawa Real Estate Board sold 1,714 residential properties in April through the Board’s Multiple Listing Service® system compared with 1,567 in April 2015, an increase of 9.4%.  The five-year average for April sales is 1,568. Also in April, 3,644 […]

Market Update, March 2016

Members of the Ottawa Real Estate Board sold 1,166 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,200 in March 2015, a decrease of 2.8%.  The five-year average for March sales is 1,220.  It is, though, a definite increase from the previous month sales – 256 more properties. Properties are […]

Market Update, February 2016

Leap Year Phenomenon or Early Spring Market? Members of the Ottawa Real Estate Board sold 911 through MLS. The five-year average for February sales is 908. There were 46 sales on that extra day in February this year which may account for some of the increase!  Listings were also up, with 2,312 homes listed in […]

Some Tips & Hints for your Next HHT

Posting messages are coming in a bit earlier this year in Ottawa. If you have been transferred to Ottawa and are booking a house hunting trip there are a few important things to consider. Here are my top 3 tips: 1) Resale: Find a house that does not have any major strikes against it. This […]