Archives for Sellers

FAQ – Multiple Offers Simplified

A few years ago, multiple offers were a somewhat rare situation in the Ottawa real estate market, but have become common recently in certain neighbourhoods and for certain types of homes. Multiple offers can seem overwhelming but in reality, there is nothing to worry about! Whether you are looking to buy a home that has garnered a lot of interest or are looking to sell your home in this hot market, our Royal LePage Team Realty Realtors® are here to guide you through this process.  Our training and experience will ensure that your interests will be protected. Read on to
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Getting Ready to Sell Your Home in Winter: What You Need to Know

Selling your home in the winter real estate market may seem undesirable to some, but it has an upside.  Let’s break down some of the advantages that actually make the cold dreary season a potential win for sellers. Ottawa is in a Seller’s Market. Regardless of the weather, listings that are on the market are getting the attention of buyers, there is just not enough inventory to keep up with the demand.  Current active inventory is less than half of 2015-16 [October 2018]. Compared to last year, condo inventory is down 34.5% while residential inventory is 17.5% lower than October
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Home Renovations with a Great Return on Investment

Home Renovations with a Great Return on Investment Even if you love your space, at one point or another, most homeowners have thought about making changes…“I love our kitchen, but what if we added an island?” or “our ensuite bathroom is great, but I’d love double sinks” or even “our basement is so spacious, I wonder what it would look like finished”. If this sounds familiar read on! “When we decided to sell our first home for an opportunity to ‘move up’, we knew we needed to update the kitchen and bathroom to attract buyers and get the price we
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Listed, Viewed, Sold! Steps in the home selling process 

Listed, Viewed, Sold! Steps in the home selling process   Selling your home is a big task, and an important one to pay critical attention to – as your house is typically your biggest asset. Ensuring that you’re ready to start this journey is key, and being as prepared as possible can ensure your house is sold for its’ top value. There are many important steps along the way when it comes to selling your house, and to take off some of the pressures, we’ve laid them out for you in this article. Find a realtor Your realtor is going to be
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Choosing a Realtor That’s Right for You

Choosing a Realtor That’s Right for You When it comes time for you to buy or sell your home, you’ll want to be sure that you have the guidance and support necessary for you to make a decision you’re most comfortable with. With that said, finding the right Realtor is just as (if not more) important as finding the right home. We know that by choosing Royal LePage Team Realty you are trusting us to ensure your real estate transaction goes smoothly and that your interests and investments are protected, our REALTORS® take this responsibility very seriously. Selling your home? Albeit a
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Why summer is a good time to move…  

Why summer is a good time to move…   School’s officially out for summer!  If you’re like us, you’re probably thinking beaches, holidays, cottages… any activity that will get us out to enjoy the warm weather…but it can also be a perfect time to move!  While there might not be as much real estate activity in July as there is in May, it may surprise you to find out that June, July and August are busy months in Ottawa real estate, especially in recent years.  The weather is fine and there are still a lot of great opportunities to buy
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Home-Grown Issues: The impacts of home-grown marijuana and legalization

Home-Grown Issues: The impacts of home-grown marijuana and legalization Many Canadians are awaiting this July 2018 with much anticipation, as Bill C-45 will allow the legalization of marijuana, including their ability to grow up to 4 plants within their residence. However, without the proper protections and awareness in place this new legislation could cost home owners thousands, or even their mortgage. The increase of private residence grow-ops that will begin following legalization is a major concern for the real estate industry. Experts say that everyone from “buyers, to sellers, to real estate agents, and home inspectors” will be affected by
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SPRING into ACTION: Sellers

SELLERS Now’s the time to spring into action if you’re a prospective home seller. Getting your home prepared for the spring market now, will help you move quickly and efficiently  when the time comes to list. Spring is the optimum time to sell a home, as the largest numbers of buyers are actively searching for a new home during the months of April, May, and June. If you’re looking for tips, tricks, and ideas to get your home market ready, then you’ve come to the right place! Purge & Pack: What better way to clear out the winter blues, than
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Why it doesn’t always PAY to sell your home yourself

With today’s hot real estate market, it may be tempting to consider listing your home yourself, without the assistance of a real estate professional; it is often seen as a way to increase profits since no commission will need to be paid out but in reality, this is not often the case. If you choose to sell your home “For Sale By Owner”(FSBO), there are many factors to consider including additional costs and stress, so it is always advisable to list with a Realtor who knows what they are doing; you may actually make more money by doing so! Here
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Here’s an Idea of What Goes into Pricing Your Home

So you’ve decided to sell your home and embark in this journey called real estate. And whether this is your first, second, or “I’ve lost count” run of it, there will always be something that will set this particular experience apart from the rest. So what goes into it all? Where does one even begin? Arguably, one of the first and most significant attributes toward successfully selling your home is to determine its price – one that’s realistic, sensible and appealing to buyers. Once you’ve decided upon this as a starting point, the rest will naturally follow; however, we advise
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