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Have you ever heard a Seller say “Whats the harm in listing my property 10 or 20 per cent above the market value? The Buyer can always make an offer.”There are a couple of things that happen when a residential home is overpriced. First it helps sell the competition. Unless this is the only home on the market and a ...
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Does it matter when I buy or sell?” This is one of the most common questions that I answer. ‘A picture is worth a thousand words’ so I’ve attached a graph indicating the number of residential units sold by month (includes condominium).There are varied influences affecting the decision making process. ...
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Preparing for the Inspection(the ongoing saga) (Ottawa, ON) By the time a First Time Buyer arrives for the building inspection of the home a bit of the lustre has worn off. When they signed the Agreement of Purchase and Sale they were on Cloud Nine. Sure they remember the talk of making the purchase ‘conditional’ ...
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Gerard Windle, Broker (Ottawa, ON) Forty years ago my dad taught me the most important thing about Real Estate. Over my 20 plus years of selling real estate I’ve told hundreds of buyers and sellers his story. And it makes as much sense today as it did back then. His was the voice of experience. Mom and dad had bought their first ...
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With apologies to Mark Twain.
I just finished reviewing statistics and trends in the Ottawa real estate market. The sheer magnitude of whats out there is intimidating.
There might not be another industry that tracks their numbers as carefully as real estate. And with the availability of the internet anyone can research for the numbers ...
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