Archives for Sellers

Choosing a Brokerage when Buying or Selling a Home

When it comes time to buy or sell a home, finding the brokerage to work with is a very important step to take. You need to find a company that will work with you to make this the most positive experience possible. “At Royal LePage Team Realty we commit to delivering high quality, industry leading and innovative real estate products and services on a complete cost-effective basis. Our business relationship will be characterized by the highest degree of honesty, credibility and fair dealing.  We are committed to setting the pace in service excellence. We commit to delivering a level of real estate professionalism that contributes to the overall well being of the community.” With a large share of the Ottawa real estate market, Royal LePage provides outstanding services to all of our clients.  Let’s take a look at what we can do for you: Why Buyers Should Choose Royal LePage Team Realty: If you want to find the right home, in the right place, at the right price, with minimum hassle, we are here to help! Our buyers agents are here to support and represent you every step of the way. Whether you are buying a resale or new construction home, we can advise you as you make the biggest purchase of your life. Here are just some of the services that a Royal LePage Sales Representative will provide: An extensive knowledge of local neighbourhoods and real estate values will allow your representative to find the perfect home to fit your lifestyle and budget. This knowledge will also make it easier to narrow your search so as not to waste time! A guide to take you through properties and to help identify potential problems through observation and research to help you make an informed decision. Advise you through the process of making an offer and negotiate on your behalf. Make recommendations for securing finances, legal options, and finding appraisers, home inspectors, and contracting services. An educated professional to represent YOU every step of the way! Why Sellers Should Choose Royal LePage Team Realty: Royal LePage Team Realty Realtors have the training, experience, and resources necessary to help you sell your home. “Selling a home takes more than just putting a “for sale” sign out front.”  We want to help you sell your home for the right price and quickly, and we know that effective marketing, problem solving, and research can help ensure that. Here are just some of the services that a Royal LePage Sales Representative will provide: Knowledge and research to help you price your home right through a home evaluation and a comparative market analysis. Step by step guidance through the whole process from listing to closing. Customized marketing plan using our extensive resources. Recommendations and consultations with you through every step of the process. Guidance through the transaction process and careful review of all documents to ensure that you are protected, even after closing. Extensive training to negotiate on your behalf while looking out for your best

Millennials Bring the Big City to the Suburbs

  Small businesses in suburban neighbourhoods bring a sense of the big city to smaller towns The high cost of downtown living in big Canadian cities like Ottawa, Toronto, and Vancouver are driving more and more people out of city centers and into the suburbs. However, millennials say they don’t want to miss out on the look and feel of the big city when they move to the outskirts. Some suburbs have heard these desires, and are trying to find ways to change and better promote the amenities they offer in order to attract more young people. The amenities offered vary depending on the particular suburb, but many neighbourhoods are promoting specialty shops, independent restaurants, trendy cafes, and other small businesses in order to bring the feeling of living right downtown into suburban areas. Perhaps surprisingly, one of the major features that draws younger people to particular suburbs is the presence of walking and bike paths. The percentage of teenagers and young adults who have driver’s licenses has dropped in recent years as more people choose to bike, walk, or take the bus in order to get around, and suburban areas that promote these transportation methods are reaping the benefits. In some areas, homes that are close to bike or walking paths can see a price boost of 5-10%! Many of the most successful suburbs are now being built, or remodelled, to be easily walkable and hold a mix of residential and shopping areas. Overhauling main streets to be more easily walkable and installing footpaths and bike trails is becoming common in many suburban areas as part of this trend. Although providing the downtown feeling with a suburban price tag is a huge draw for young people, it is not the only one. Many companies and business are moving away from the downtown core of major cities and into suburban areas in order to save money, and this draws millennials who wish to work or shop at these locations into the suburbs. The reverse is also true, as younger people moving into suburbs creates reasons for old businesses to move and new ones to start up in order to cater to them. As more and more young people gravitate to the suburbs, and suburban areas change in order to make themselves more attractive to these prospective buyers, it will be interesting to see what kinds of changes occur and how well they are received by long-term residents and new arrivals alike.   The post Millennials Bring the Big City to the Suburbs appeared first on Team Realty. Source: Blog

How to Choose the Perfect Realtor for You

How to Choose the Perfect Realtor for You   How to Choose the Perfect Realtor for You Whether you’re a first-time home buyer or are selling your house yet again, you need a realtor that understands your needs. The home buying or selling process can be complicated as it is, and there is no need to cause yourself additional angst by picking a less-than-qualified realtor. Read on to discover a few traits you need to look for when selecting a real estate agent so you can confidently move through the buying or selling process. Qualifications A realtor with no qualifications won’t get you very far. You need a real estate agent that knows the process through and through and has a certification so you can be certain he or she knows how to do the job. Check to make sure the realtor you are considering is a member of an upstanding organization, such as the Canadian Real Estate Association, and you can be confident that he or she will be up to snuff. Broad Knowledge-Base Your real estate agent needs to be able to walk you through the entire process. The agent needs to know about financing, pricing a house, home inspections and all the other steps involved in buying or selling a home. This is crucial if you’re a first-time home buyer and are unfamiliar with the proceedings. Thoroughly vet your agent before you sign on with him or her, ask questions about the system itself and any concerns you have. If the agent is able to answer your questions clearly and give you up-to-date tips and information, you’ll know you have found a good one. If, however, the agent leaves you feeling more confused than before, he or she is probably not right for you. Good Track Record How many homes has your agent sold in the past few months? A high success rate is a sign of a good agent. Ask the potential realtors how many homes they have sold out of all their listings so you can get a good idea of their effectiveness. Sympathetic to Your Needs Do you have a specific area that you want to buy in, or are you looking for a particular type of home? Your agent needs to fully understand your needs and be willing to dig to help you find the perfect property. No one knows your needs and desires better than you do, so avoid any agent that tries to upsell you for no reason or doesn’t seem to grasp what you want. It may seem like a difficult task, but finding the ideal realtor can save you a lot of time and hassle. Take your time selecting an agent and you’ll be able to move through buying or selling your home with ease and certainty. Like what you see? Subscribe to our Blog. The post How to Choose the Perfect Realtor for You appeared first on Team Realty. Source: Blog

What Is a Smart Home?

If you can turn the lights in your home on and off from your cell phone, you have the beginnings of a smart home. Smart home technology is now available that allows you to remotely control a variety of electrical appliances and components in your home, even when you’re not there. The purpose is to let you make your home more comfortable, secure and energy efficient. While smart home technology is still in its infancy, there are already many ways you can make your home smarter. Here are just a few examples: Smart Thermostats Programmable thermostats have been around for a long time. These thermostats can make you more comfortable at home by, for example, turning the heat down around the time you leave for work, then turning it back up before you get home from work. It keeps the temperature in your home just where you want it. However, there are now smart thermostats that can do even more. For instance, they can be controlled from a smartphone, and also come with sensors that can be placed in different rooms. So, if you have one room in the house that always seems cold, the heat won’t turn off until the sensor in that room indicates that it has reached a satisfactory temperature. Smart Speakers Smart speakers, like the Amazon Echo, Google Now and their competitors, let you talk to your house. Smart speakers control a voice-activated smartphone assistant, and provide a wide range of capabilities, such as: •             If you add something like Amazon Prime or iHeartRadio, you can ask the smart speaker to play a specific song for you. •             Add your home and work addresses to the application, and you can ask the smart speaker how long of a commute you’ll have. •             The application will maintain a shopping list and you can add to it using voice commands. There are hundreds of other features for these smart speakers that will help you manage your home! Smart Smoke/Carbon Monoxide Detectors Have you ever talked to someone whose house burned down when they weren’t home? It’s a tragedy because often the home is lost before a neighbor or someone driving by notices the problem and calls for help. With a smart smoke/carbon monoxide detector, you’ll be notified on your smartphone immediately. If you’re not sure whether someone is home, you’d want to call first just in case a family member is burning something on the stove. Otherwise, you can contact emergency services almost as quickly as if you were home. Smart Slow Cookers Anything that has electrical components might someday be made into a smart device. In fact, Belkin has introduced a crock pot that can be controlled from your smartphone. You can turn the temperature up or down, adjust the cooking time and more. Smart Refrigerators Companies like Samsung are making smart refrigerators. The Samsung version boasts a large touchscreen that allows you to leave notes for other family members, play music and even watch television. The

Buying Near Parks and Recreational Facilities

Buying Near Parks and Recreation Facilities According to RealtorMag, twenty-three percent of recent buyers indicated that convenience to parks or recreational facilities influenced their choice of neighborhoods.  Proximity to parks and recreational facilities was the most important to recent buyers aged 34 and younger, and to those aged 35 to 49.  Here are some reasons to believe those numbers will rise. Public Health Concerns The alarming increase in obesity, especially among children, has focused attention on how important physical activity is to our overall wellbeing.  Governments at all levels are promoting the benefits of active living and we have become more receptive to the message.  That means even more people will want accommodations that provide opportunities for physical activity (i.e. near parks and rec).  Further, governments (to save its citizens and reduce health care costs) and businesses (to ensure their developments sell) are improving the planning, design, quality and availability of parks and recreation resources to meet the rising demand for activity-friendly communities. Seniors Want Active Lifestyles Seniors, in particular are becoming more aware of the benefits, both physical and mental, of an active lifestyle including walks, picnics and outings. It is increasingly common for buyers over 59 to purchase townhouses and condos, sacrificing space and privacy for convenience, savings and safety of walkable communities.  Nearby access to parks and rec is a critical factor for them and this group seldom compromises when buying – they know what they want. A Sense of Place (Home Turf) First-time buyers, families and couples intending to have children often seek a neighbourhood where they can raise their family fostering a sense of place with the unique and special characteristics and comforts of “home turf”.  They value the relationships and collaborations with the community as a whole.  For them, building a vibrant community includes participating in activities and events offered by parks and recreational facilities for all the family’s stages and ages: personal fitness, Girl Guides, coaching the kids in local sports, Tai Chi class, a family swim, romps in the playground, the Canada Day Barbeque. Enjoying Life The aesthetic qualities of green space, trees and trails, gardens and picnic areas appeal to a group who have decided to slow the pace and live an eco-friendly lifestyle.  To them parks and recreational activities are an essential part of quality of life.  It’s  hard to disagree if you’ve ever witnessed a sunset walking along the Ottawa River Pathway.   Like what you see? Subscribe to our Blog. The post Buying Near Parks and Recreational Facilities appeared first on Team Realty. Source: Blog

Housing Trends We are Seeing in the Canadian Real Estate Market

The Canadian housing market is already in the news, thanks to the recent collaboration of Vancouver residents to form the #DontHave1Million campaign that went viral. This Twitter campaign was in response to the recent reports that the average home in Vancouver will set you back $1.27 million, which is more than double the average price of a home throughout the rest of the Canadian market. And, at the rate things are going, this trend shows no sign of slowing down.  With this in mind, let’s see the other nine trends in the Canadian housing market to keep in mind in 2017. More Foreign Investors In addition to the booming Vancouver market, the booming market in Toronto is such that, while it may not be affordable for the average buyers, it’s certainly affordable for foreign investors. Housing Shortages.  Similar to the housing bust in the United States in 2008, the housing bust in Canada came as a result of predatory mortgage practices. Thus, there are more people that want to buy houses than there are houses available. Some Areas in Canada Are Experiencing a Boom — Especially Ottawa! Yes, Toronto and Vancouver are ridiculously expensive, but many other areas of Canada have seen a price decrease over the past year, and this trend will continue into 2017. In addition, Ottawa is experiencing a record high in terms of growth — almost 2000 sales of homes & condos took place in the month of June alone, and the number of sales promise to steadily increase into 2017. Downsizing As the so-called baby boomers move toward retirement, they’re no longer interested in owning huge homes with sizable mortgages. Therefore, they’re more likely to sell their family home and rent a small apartment or townhouse. City Exodus The combination of the housing shortage and the staggeringly high prices means that people are moving out of the city and into the suburbs. Senior or Assisted Living Housing There will be an increased demand in assisted living housing as baby boomers retire. Banks Will Be Less Likely to Lend Money After the mortgage crisis of 2008, banks are less likely to give loans, even to seemingly well-qualified applicants. Like what you see? Subscribe to our Blog. [/mp_row_inn] The post Housing Trends We are Seeing in the Canadian Real Estate Market appeared first on Team Realty. Source: Blog

The Bank of Mom and Dad: Living as Millennials

  It’s no secret: the cost of living is expensive. Regardless of who we are and what we do, we live and breathe steep living costs day in and day out. It’s a fact of life: if we’re not saving our pennies, we’re spending them; if we’re not paying off one bill, we are another. It’s the never-ending cycle of our (financial) lives. Enter: mom and dad. For the vast majority of us, mom and dad means home; and home is where the heart is, after all. It’s become a common trend among many baby boomers to take part in one of two things: either move back in with their parents to help save money, or assist in the renovations or expansions of their parent’s current home in order to accommodate their living requirements under the same roof. A circumstance such as the latter would be to avoid downsizing for mom and dad, and, of course, cut the costs of living for all parties involved. For some, this is simply how it’s always been; for others, it’s become a necessity. Today, we’re seeing a similar trend skyrocket among another popular generation: the millennials. Leaning on the bank of mom and dad is something that isn’t quite out of the ordinary in this day and age as living costs are expensive and are only estimated to get higher. Therefore, young adults are moving out of their parent’s homes a lot later in life than perhaps they had originally mapped out for; and when they do, they’re receiving an increasingly large amount of financial support from their families so that they can. Ratehub.ca, a company who interviewed about 1000 people from across our country between September and November of 2016, conducted a survey to shed light on the approximate percentage of millennials who are are obtaining family financing in order to become a homeowner. The results? 35% of buyers received help from relatives while 38 per cent were able to put down 20 per cent or more on their homes in our province alone. Of course, with several regulatory changes and rising home prices in 2016, these results are only expected to increase and reach new records in 2017 – creating potential hurdles for those entering into the market for the first time. Needless to say, adults – both young and old – often rely on mom and dad, and there isn’t anything wrong with that. “With a larger share of young adults staying home longer due to economic considerations, the need for space will remain important”, says the Canadian Mortgage and Housing Corporation. And sure, a loan arrangement with a family member is far better than one from a financial institution, but “a financial plan should [always] come before home ownership, and affordability should [always] fit into that plan”. The post The Bank of Mom and Dad: Living as Millennials appeared first on Team Realty. Source: Blog

Getting Your Home Ready to Sell in the Spring Market

Selling your Home in Spring The spring real estate market is quickly approaching and if you’re selling your home, now is the time to start getting ready!  It may seem like a daunting task but there are things that you can do to make sure that your house is prepared for the droves of spring buyers this upcoming season. Remember, there will be many houses on the market at the same time as yours so you want to make sure that your property is ready and sticks out for buyers! Contact a Realtor®. Real estate agents are professionals.  A great real estate agent will not only ensure your property is priced right, they’ll also be your guide through every step of the process in the weeks and months leading up to listing, during the time your home is listed, the closing of your property sale and beyond. Prioritize Repairs One of the first things you will want to ask yourself when selling your home is whether your property needs any repairs, as it can be the most time consuming. The best way to do this is to walk through both your home and property and “write down anything that doesn’t function or is unsightly”. Start at one end of your home and work your way through each room carefully, looking for potential problems. Try to put yourself in the shoes of a potential buyer and be picky. This could be everything from a small hole in the wall, chipped paint, or leaky faucet all the way up to larger fixes like a leaky roof or cracked foundation. Once you have your list, it’s time to prioritize, “List out first the small things that will repair quickly and inexpensively, with an extra focus on items that will be seen first by potential buyers.” And last but not least, come up with a plan. Hiring someone to do the work for you may be the most time effective, but it may not be within your budget. If you plan on doing it yourself, schedule the time you will need right away and make sure to leave some extra in case things don’t go as planned. Stage Your Home Next comes decluttering, depersonalizing, and staging your home. If you look at photos of real estate listings, you’ll notice one thing; the houses are generally neat and tidy and have an airy feel to them. The reason for this is that the day to day clutter of living in a home has been removed. “You might like the stack of magazines on the table, buyers don’t. They don’t want to know what you read”. Start purging, and if you have lots of stuff, you may even want to consider renting a storage locker to house it while your house is on the market. You will also want to remove as many personal items from your home as possible. Take your family photos off the wall, and remove any items that are personal in nature; buyers

“Oh I Forgot to Tell You…”

Picture this, you have just taken possession of your dream home. You did your due-diligence; the property passed the home inspection with flying colours and your research shows the neighbourhood is safe and has great schools. You are chatting with a new neighbour only to find out that your brand new home was once the site of a violent crime or a drug operation, or that it is thought to be haunted! Would this bother you? What can you do? Did the previous owners fail to disclose something that they were legally obligated to? When selling a home, known physical defects must be disclosed by the listing agent. A home inspection should spot any that are unknown to the seller which gives buyers confidence in the property they are purchasing. Where this gets complicated though is when you consider other non-tangible factors for which the term “stigma” is used. “They describe it as a non-physical, intangible attribute of a property that may elicit a psychological or emotional response on the part of a potential buyer.”  The key to this is that there is nothing physically observable or measurable with this; stigma is based on something that may have happened in the home in the past. What Falls Under Stigmas? There are many examples of events that may be bothersome to potential buyers but are not legally necessary to disclose. They can include: A death in the home (natural, suicide, or murder) The belief that the home may be haunted If the home was once frequented by gangs or drug dealers If the home was once the site of a brothel If the home was once the site of a meth lab or grow op (unless there is an actual latent defect from the home’s prior use for drug production) What can you do to make sure that you know everything you want to know? If certain stigmas concern you, there are steps you can take to try to find out as much as possible about a property before purchasing it. But keep in mind, none of these methods can be completely accurate especially if you are concerned about events that may have occurred outside of recent memory. Go to housecreep.com and search the address. This website is essentially a free database that compiles news stories and first hand personal experiences by address. It has quite a few addresses in Ottawa with information attached to them so it’s worth a look. It lists violent crimes, ghosts, suicides, and drug operations among other things. You can also search by neighbourhood with their map function which is helpful if you are looking at multiple properties. If a death in the home is an absolute deal breaker for you for cultural or personal reasons, you could also consider adding a clause to the Agreement of Purchase and Sale “that the vendors would declare to the best of their knowledge that no death had occurred in the home”. This clause would obviously make no guarantees,

5 Reasons To Sell Your Home in the Spring

With the busy spring market upon us (it actually started early this year!),  let’s take a look at why this season is often seen as the best time of year to sell a home. With a large percentage of the year’s sales occurring in just a few short months, homes also tend to sell for more and spend less time on the market. And don’t worry, you’re not too late; statistics show that May is the best month of the year to list a home. Here 5 reasons spring is so popular: Homes show better in spring: Let’s face it, spring is beautiful time of year! The grass is green, the flowers are blooming, and that brightness can carry through your home. “Homes appear more appealing when the weather is warming up and buyers tend to be in high spirits.” Moving in late spring or early summer is far more appealing: Let’s face it, no one gets excited about moving in the winter time. Snow makes everything more complicated. The same is true for the hot summer months. Buying in spring can avoid all of that. Buyers have likely just received their tax refund: Saving for a home these days can be a long process, but tax refunds can often provide buyers with the extra cash they need. The influx of money also makes spring buyers more likely to pay full price. The move won’t interrupt the school year: For families with children, this can be one of the biggest factors that draw them to the spring market. Buying a home in spring, and closing in early summer means that their children won’t have to switch schools halfway through the year, which can often be a big adjustment for little ones. There’s something in the air: There is something about spring that makes us all feel like starting fresh; this is why “spring cleaning” is a thing. “After a long winter, the first hints of cherry blossoms and crocuses seem to trigger the “moving bug” in many people.” If you are thinking of selling your home this spring, don’t delay! It’s time to start getting it ready  and don’t forget, it’s never too early to contact a Realtor!   The post 5 Reasons To Sell Your Home in the Spring appeared first on Team Realty. Source: Blog

Canada Celebrates 150 Years!

  The milestone has arrived – our country’s 150th year. What better time than now to stand proud and represent our Nation as a united community? We are very fortunate to be living in Ottawa – our Capital. We’ve certainly come a long way since our founders first settled here 190 years ago. Originating as Bytown, Ottawa was initially built to house labourers who had been recruited to help build the Rideau Canal. Times have changed between then and now. We are no longer considered the “town that fun forgot” nor are we solely known for being “the highway to Montreal“. We are a thriving, united, Capital with an approaching 1 million residents – and that’s just the beginning. In fact, according to Mayor Jim Watson, “we’re going through one of the most significant transformations in our history“. It’s only a matter of time that we see these spoken of – and otherwise unimaginable to longtime residents – changes come to fruition. With the countless short-term and long-term transformations that are predicted to be completed around our Capital City between now and the next 25-30 years, Ottawa is nothing short of booming. We are an ideal place to live – one that is family-friendly, employment-friendly, restaurant-friendly as well transportation-friendly. There is an “unprecedented number of major redevelopments in the works: LeBreton Flats, the islands around Chaudiere Falls, the former Canadian Forces Base Rockcliffe, the Oblate lands on Main Street, parts of Natural Resources Canada’s Booth Street Complex, Tunney’s Pasture and the shopping centres at Lincoln Fields and Westgate” (to name a few). And that’s not to mention the most current of projects that will transform our city’s way of transportation: the highly anticipated Light Rail System, with its first phase Confederation Line to open in 2018. Moreover, Ottawa has an incredibly steady real estate market; one that’s only predicted to move upward over the next several years. According to the Ottawa Business Journal, January of this year brought in an 11.5% increase in home sales. Kick-starting 2017 at a five-year high says a lot for this time of year, and with the continued anticipation of changes being made within our City in the next coming years, along with members of the Ottawa Real Estate Board selling 667 homes in the last month alone, it is expected to only increase further. If you’re one to enjoy a lot of hype within our city, then 2017 will definitely make your heart sing. Ottawa will be hosting several high-profiled events this year including (but not limited to) the Juno Awards, the Grey Cup, and the Red Bull Crashed Ice event. Mayor Jim Watson “looks to 2017 as a year that will reshape the City’s tourism image” with the hope that Canadians and tourists alike will “identify Ottawa as the place to celebrate the 150th“. In fact, our City is expected to see an increase of 20% in tourists throughout the year, and is targeting both youth as well as new Canadians as a means for improving several areas of programming: arts and culture, sports and physical activity,

Staging Your Home for Home Buyers Over the Holidays

Selling your home in the (often dreaded) winter months of November-January, can render itself to be quite difficult for some. And although, for the most part, we tend to agree that our homes are more “visibly appealing” – on the outside – in the spring and summer months, there are several perks to selling your home and making it quite charming – on the inside – for homebuyers around the holidays!   We can all admit to sometimes going a little overboard with our holiday decorating from time to time – and if we’re not a person who does, we know of someone who will. However, if you’re looking to sell your home around this celebratory time of year, it might be a good idea to hold back on the decorating (just a little bit). With homes arguably looking their best around Christmas time, it’s easy to get carried away when trying to appeal to a buyer’s eye, but “adornments that are too large [or simply having too many of them] can crowd your home and, in fact, distract buyers”. When you think about it, being mindful of this particular change will encourage shoppers to still notice your home rather than what’s in it. Remember, simplicity is key. It’s also been advised by HGTV in their article on selling-tips for your home during the holidays, to avoid offending buyers by decorating your home with too many religious themed items. Instead, try “opting for general fall and winter décor”.   Something else that you should certainly consider when prepping your home for buyers in the winter months is to stage it so that they can imagine themselves potentially living it. “Make your home feel cozy and inviting during showings by cranking up the heat, playing soft classical music and offering homemade holiday treats. When you encourage buyers to spend more time in your home, you also give them more time to admire its best features”.   This form of staging, along with the initial steps of subtle decorating, opens up a great opportunity to take good quality photos/videos of your home in order to help in with selling process. It is very possible for homebuyers to gravitate toward the appearance of a home during the holiday season (just as much as they will come spring and summer) if you work toward making your home just the right amount of festive. If you need assistance in the staging process, don’t worry – most realtors will offer you help by referring you to a reliable, professional stager. We hope that you have a safe and memorable holiday season. Happy staging! The post Staging Your Home for Home Buyers Over the Holidays appeared first on Team Realty. Source: Blog

Why Appreciate Your Real Estate Agent

  When you decide to buy your first home, the initial excitement is often quickly followed by fear of the unknown. After viewing many attractive properties online, you have no idea where to start. Eventually, though, with the invaluable assistance of a real estate agent, you can purchased your dream home at a great price.   Those who have experienced a number of property transactions realize just how many reasons they have to be thankful for the trusting relationship they developed with their agent.  First, the money and time you save far exceeds the agent’s commission. From planting the For Sale sign to closing the sale, here are five more reasons to appreciate real estate agents.   They’ll help get your house ready to sell A good listing agent acts as project manager in prepping your home for sale. They take on the burden of staging, advise on repairs, arrange photography and advertising, provide contacts, schedule open houses or viewings and provide feedback, all of which reduces the drama during a stressful time. “For sale by owner” means you advertise, solicit calls, answer questions, make appointments and rush home from work in time to find … no one shows up.   They know how busy you are with the other parts of your life A good agent understands you have responsibilities outside your real estate transaction and will make life easier by accommodating your schedule. She will take your late night call, discuss your concerns and support your decision NOT to move ahead with a deal. For example, one buyer signed an offer that his agent brought to the soccer field where he was coaching his kids.   They have access to opportunities because they’re well-connected Often, deals succeed because of the networks and relationships forged over time by a good agent. Well-connected agents can help you find off-the-market properties, arrange a speedy inspection or get your offer the attention it needs in a competitive bidding situation due to their contacts with bankers, contractors, inspectors and other deal-makers.   They understand that negotiating is a tricky business An agent can represent you in tough negotiations and prevent things from getting too personal. As a buyer, this puts you in a better position to get the house you want and, as a seller, allows you to avoid the irritation of penny-pinching or insulting (to you) offers. Agents smooth things to keep negotiations going, whereas direct negotiations are easily sidetracked by emotions.   They know about real estate contracts and conditions You may be intimidated, initially, by the paperwork, especially the Offer to Purchase. However, a real estate agent completes the same contracts and conditions on a regular basis, so they are familiar with which conditions to use, when they can safely be removed and how to use the contract to protect their clients, whether buying or selling. Even better, they spend the time to educate you at every step.   The post Why Appreciate Your Real Estate Agent appeared first on Team Realty.

The 3 Most Common Reasons a Home Inspection Kills a Deal

  In this Redfin.com post, home inspector Dylan Chalk underscores the importance of a home inspection by identifying how they can prevent a potential sale.  The most common reason is the home is not what it appears to be, especially in the case of a “flipped home”, one purchased and updated with the intention of making as much profit as possible.  The inspection reveals there are more repairs and updates than the buyer expected.  Problems with the core systems of a “fixer” house (foundation, frame, roofline, floor plan, drainage and access) add cost and complexity to the new homeowner’s projected budget making the deal less attractive. To read more click here. The post The 3 Most Common Reasons a Home Inspection Kills a Deal appeared first on Team Realty. Source: Blog

Reno Investments Providing the Highest Returns

This detailed Home Inspection Network post provides useful data to anyone who is considering a home renovation. Author Bev Siciliano begins by explaining what many do not realize – we might not fully recoup our investment when the home is sold.  For that reason alone, home renovations should be analyzed individually to ensure we get the highest return on investment (ROI).   Generally, renovations that provide the best return on resale are superficial upgrades, like painting and decorating, with limited capital outlay and maximum impact.   According to the Appraisal Institute of Canada’s latest Home Renovation Survey, renovations with the highest return potential are kitchen and bathroom renos at 75 -100%, followed by interior and exterior painting at 50 – 100%.   Skylights rate the lowest potential return on investment (ROI) at 0 – 25%, with swimming pools at 10 – 40% and landscaping, fences and interlock at 25 – 50%.  Central air, decks, window/door upgrades, fireplace installs, rec room or garage additions, new flooring, and basement renos have a potential ROI of 50 – 75%.  To read more click here. The post Reno Investments Providing the Highest Returns appeared first on Team Realty. Source: Blog

What You Need to Do When Saying Goodbye to Your Home

  Although you’re excited about moving, there are easy ways to reduce the ache you feel when thinking about leaving the old abode.  According to this Realtor.com post by Lisa Davis you could throw a going away party with the neighbours who shared your journey over the years.  Toast your soon-to-be former residence. Leave a reminder of your presence for future generations like a signature on a rafter in the attic. To read more click here. The post What You Need to Do When Saying Goodbye to Your Home appeared first on Team Realty. Source: Blog

Is It Time to Downsize? Ask Yourself These 4 Questions First

  If you’ve reached the time of life where you are contemplating downsizing your home, the first question to ask, according to this Realto.com post, is what kind of lifestyle do you want after downsizing? By defining how you want to live, you can narrow your search and focus on housing that will meet those requirements.   For example, if you want to escape the bluster of winter and relax on a beach, local climate conditions and geography will drive your hunt. Or, if you like social activities, you would seek active adult communities where you can interact with like-minded people.   The next step is to consider the financials by asking what will you budget  look like?  After that, ask yourself if you have enough equity in your home to make a profit.  If you have enough equity, you can buy your next home outright or bring a sizable down payment on closing day.   Finally, ask if you will be able to find another home that’s affordable in a seller’s market.  For those with some financial clout,  realtor Debra Whitfield recommends using an equity line of credit on your current home or a home equity conversion mortgage to buy your next home, before selling your current property.  That gives you time to find a suitable property instead of being rushed to select whatever happens to be on the market after your house is sold.  To read more click here. The post Is It Time to Downsize? Ask Yourself These 4 Questions First appeared first on Team Realty. Source: Blog

8 Mistakes That Could Screw Up Your Home Sale

  Usually we hear “buyer beware”, but real estate author Michael Corbett advises sellers to beware and gives 8 reasons why in this trulia.com post.  Always work with professional help, including a real estate agent.  Their expertise, experience, neighbourhood knowledge and resources will help you plot a course through the selling process.   Overpricing is a temptation to be avoided since most buyers are savvy and have the advice of an agent.  Ensure that you use high quality photos because 90% of buyers shop for home online. Complete repairs like leaky faucets before listing your home to avoid negotiations over what the repairs will cost potential buyers.   Spend time cleaning and removing clutter since untidiness makes your home seem smaller.  Stage your backyard as if it were another room and maintain the landscape so it appeals to your viewers, especially in summer and fall when we enjoy outdoor activities.  Disclose all information including issues that may jeopardize a sale to avoid liability after the sale.   Finally, remember this is a business deal and emotions can get in the way.  A low ball offer is an opportunity to negotiate, not a reason to be insulted.  To read more click here. The post 8 Mistakes That Could Screw Up Your Home Sale appeared first on Team Realty. Source: Blog

Canadian Home Prices Are Growing At One Of The Fastest Paces In The World

  The Canadian real estate market continues to boom, according to this Financial Post offering.  With a year-over-year increase of 8.2%, Canada ranked 4th of the 23 countries studied in Scotiabank’s report Global Real Estate Trends, behind Ireland (13.3%), Sweden (10.5%) and Australia (8.3%).  However, the report warns the trend could change if economic uncertainty and high unemployment counterbalance the attraction of low borrowing costs.  To read more click here. The post Canadian Home Prices Are Growing At One Of The Fastest Paces In The World appeared first on Team Realty. Source: Blog

Here’s What Pushes People to Buy Homes in 2015

  If you want to sell your property quickly, at near the asking price, it is important to know why people are buying.  In this post, Realtor.com chief economist, Jonathan Smoke, suggests we pay attention to the five main triggers for home buyers: they have grown tired of their home and want a change, interest rates are exceptionally low, housing prices are favourable in many markets, they need or want more living space and they have the money to spend. To read more click here. The post Here’s What Pushes People to Buy Homes in 2015 appeared first on Team Realty. Source: Blog

Real Estate Snapshot February 2016

  What a difference a day makes!  An extra day in February saw 46 sales on that day (February 29th) as per the Ottawa Real Estate Board’s news release March 3rd.   See the full Ottawa Real Estate market snapshot for February and the full story from the Ottawa Real Estate Board below. With spring around the corner, we’re starting to see more homes come on the market, if you’re thinking of selling now is a great time to get your home listed with a real estate professional.  While statistics are useful in establishing trends they should not be used as an indicator of an increase or decrease in value of specific properties. If you are curious about the value of your home and/or specific neighbourhood statistics we would be happy to provide you with a no cost no obligation market evaluation of your property.  Contact any one of our 23 offices or email us at info@teamrealty.ca From the Ottawa Real Estate Board March 3rd, 2016 Extra day in leap year causes jump in sales for February Members of the Ottawa Real Estate Board sold 911 residential properties in February through the Board’s Multiple Listing Service® system, compared with 850 in February 2015, an increase of 7.2 per cent. The five-year average for February sales is 908. “Although the weather was very unpredictable this month, with many highs and lows and several winter storms, the Ottawa resale market only saw activity pick up,” says President of the Ottawa Real Estate Board, Shane Silva. “Residential and condo sales combined increased by 52.3 per cent since last month. However, we need to factor in the leap year, which added an extra day to the month of February, and 46 sales on that day.” February’s sales included 199 in the condominium property class, and 712 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties. “In February, 2,312 homes were listed, up 26.6 per cent since January, and inventory on hand at the end of February rose by 10.7 per cent since January,” says Silva. “We’re starting to see more homes coming onto the market in preparation for the busy spring selling season. If you’re thinking of putting your home on the market, this is a great time to do so.” The average sale price of a residential-class property sold in February in the Ottawa area was $384,632, an increase of 1.2 per cent over February 2015. The average sale price for a condominium-class property was $249,727, a decrease of 6.8 per cent over February 2015. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on

Why Listing In January or February Can Make Sense

  Although it may seem odd, listing in the winter months can be advantageous for sellers. Statistically, there are indeed more buyers in the spring market.  However, there are also more homes for sale, including properties similar to yours. With more competition for the pool of buyers, your chances of finalizing a deal may actually be reduced. Here are several reasons to list in January or February.   Financial Planning And Taxes   Many families check their finances at year end and start planning their tax returns. And, because of the holiday festivities, it’s often the time for discussions and decisions about gifting, inheritance, upgrading to a larger home or downsizing to a smaller one and homeownership versus renting. Whether it’s a new buyer who moves quickly or a previously active buyer who re-engages, these house hunters are around in January and February and will look at your home if it’s for sale.   If You List They Will Come   Because of online advertising, buyers look at listings all day, every day. They have apps on their phone, get listings texted and emailed to them, and don’t care about the time of year. They realize the home won’t show as well in the dead of winter, so providing photos of your home during these times of year will enable buyers to envision it in the warmer seasons.   Winter Buyers Are Highly Motivated   Buyers looking in January and February are serious. They know what they want, have often been at it for many months and are tired of the real estate hunt. This is your target buyer and, in part, they’re why it’s better to list in January than to wait until spring. Your property will certainly stand out if it’s the only one like it listed.   Offering your home for sale in the “offseason” means less competition which changes the market’s supply-and-demand balance. The demand is far greater than the supply. And, because of the reduced inventory, the seller can often take a little more time to consider offers and negotiate a higher price.   The post Why Listing In January or February Can Make Sense appeared first on Team Realty. Source: Blog

Don’t tax my dream campaign succeeds

    The efforts of the Ontario Real Estate Association (OREA) and the Progressive Conservatives were recently rewarded when the provincial government decided they would NOT be expanding the municipal land transfer tax program.   Liberals keep election promise   In an unexpected announcement during the legislature’s question period, Municipal Affairs Minister Ted McMeekin ended concerns that the Liberals would break their election campaign promise and allow other cities and towns to introduce the tax. “There has been no call, at all, for a municipal land transfer tax,” he said, “nor is there any legislation before the House that would allow this.” Toronto will remain the only Ontario city where homebuyers have to pay thousands of dollars in local land transfer taxes, in addition to the provincial levy. But, McMeekin kept the door open to a future tax by offering to look at “what possibilities exist” for other new sources of revenue to help strained municipal budgets.   Ontarians opposed to tax grab   OREA had been exerting pressure on the government with its “don’t tax my dream” campaign which allowed the voices of thousands of Ontarians opposed to the tax to be heard through email, letters and social media platforms. They were arguing the additional tax could push house prices further out of reach for many families and delay or kill their dream of home ownership. “Ontario home buyers are already charged a provincial land transfer tax, so by adding a municipal tax, they’re essentially doubling the tax burden on Ontario families,” said Patricia Verge, president of OREA. “If the Ontario Liberals follow through with this plan, home buyers will be forced to pay $10,000 in total land transfer taxes on the average priced home in Ontario, starting as early as next year.”   Tax would have negative impact on local economies   OREA also cited a 2014 study conducted by Altus Group Economic Consulting showing that the combined negative impact of the tax in four Ontario cities—Mississauga, Hamilton, Ottawa and London—would be a loss of $1 billion in economic activity and more than 10,000 jobs. The confrontation has been ongoing since 2008 when Toronto implemented its municipal land transfer tax and, as recently as October, it appeared the government was poised to grant permission for other municipalities to impose the tax.     The post Don’t tax my dream campaign succeeds appeared first on Team Realty. Source: Blog

Relocation Tips

Relocating to a new area, moving to a different province or country, take a moment to read my article in “Power 2 Do It” E-magazine by following this link below http://www.power2doit.com/2015/10/01/relocating-tips/

Feel Good Day – Purse Philanthropists

Feel good day today, I joined a great group of ladies this morning who worked hard at delivering purses and bags full of basic necessities to establishments helping women in needs, you can do it too any time you want just ask me how. It is fun and so helpful…

Rented property to returning clients

Rented property to returning clients It is always a pleasure to work with the same families again, fantastic feeling to be trusted, thank you very much to my clients and congratulations on renting your new home, wishing you a smooth transition!

Pumpkin deliveries

Pumpkins delivery to my clients and families who referred me, thank you so much for your trust, I truly appreciate it, lots of them to go will take a few days!

Real Estate Referrals and Relocation Services between Canadian Provinces and International Countries!

Relocations in Real Estate are quite frequent and families are often in need of someone they can trust to assist in their new adventure. I have personally lived this experience 4 times and understand the needs and challenges revolving around this transition. If you are in the Military, Retail, Government or any field leading you to Ottawa, I would be privileged to assist with your Real Estate needs in this life changing experience. I am honoured to collaborate with Realtors with referrals in order to offer personalised attention to their clients. I have the pleasure to provide services in English and French. If a relocation is in your future, I would gladly inform you on some of the beauty and benefits this region has to offer and guide you towards a gentle transition to or from Ottawa.

Open house on Weekdays?

Open house on Weekdays? Open house on weekdays? Perfect way to have the most exposure! As the holidays are in full throttle and weekends are precious, weekday open houses are fantastic to ensure you are not missing the opportunity to showcase your home to all potential buyers. After all some of them are gone camping, boating, out of town or just want to host a BBQ. Let me know how I can take care of your best interest and sell your home!

Half Moon Bay property in Barrhaven just SOLD

Half Moon Bay property in Barrhaven just SOLD, Congratulations to the seller, I am very happy for you – such a nice experience to work with you! All the best in your new life!

Canada Day

Happy Canada Day Relax, have fun and just enjoy!

Open House or Not?

Open houses have multiple benefits, take a peek at my article to know more! Come visit me anytime, I would be delighted to answer any of your Real Estate questions and help you achieve your goals! http://www.power2doit.com/2015/06/28/hosting-an-open-house-or-not/

Real Estate Services in English and French

Services in… English If you are looking to buy, sell, rent, find a tenant, relocate, invest or get informed in Real Estate. Contact me for a personalised service 613-612-HOME (4663) and French Si vous etes a la recherche d’une maison ou si vous voulez vendre, louer, trouver un locataire, si vous devez etre re-localiser pour votre emploi ou si vous etes un investeur en immobilier. Contactez moi pour un service personalisé 613-612-HOME (4663)

St-Jean Baptiste

Bonne fete de la St-Jean-Baptiste a tous mes confreres de travails, amis et famille au Québec

Happy New Year – Bonne Année

Wishing you a fantastic year 2016 filled with health, happiness & tons of success! Je vous souhaite une année fantastique remplie de santé, joie et succes!

Furniture placement

Before     After Placement of furniture can make a big impact on a room. It can create an atmosphere, give the impression of spaciousness and surely make you feel welcome. Consult a professional and learn the best way to utilize all your space.

Hang-Up Help Out

Such a Successful Event In the Community It feels good to have donated to such a wonderful event. The community came together and a lot of hard work was involved by fabulous people. Congratulation on a rewarding project and making so many people happy!

Update – Decorate

    Refreshing a room can be as easy as new bedding, painting and removing the wall paper. Stay up to date and feel rejuvenated. Furniture placements also helps to make a room feel more functional, comfortable and larger.

De-Clutter

Spend some time sorting your belongings, after all you will have to do it when you move, be ahead of the game. Toss – Recycle – Store – Keep Be sure to remove your valuable possessions so they are not compromised by an unfortunate accident or theft. It will be a quicker move and such a relief. Present your home like a designer would after all they are your competition!      

Accessories

Accessories can provide a nice way to rejuvenate your home for an inexpensive price. A little trip to your favorite home décor store will be a breath of fresh air during this busy time and the best part is the fact that you get to keep all your new accessories for your future home and start new. Fashionable designs always interest the young and trendy buyers, be pro active and capture all buyers interest.

Maintenance

Why take a chance? Be ready! A clean and well maintained home is always ahead when it is time to sell. Be pro active and inviting. Buyers will lower their offer on a property they feel need extra attention. A little work can limit the value of a price reduction. Scrub everywhere especially the kitchen and bathrooms, hygiene is a must. Paint the baseboards or touch up the walls, refresh the caulking, at the end of the day anything less appealing will be noticed and everything defective will be found by the home inspector.  

Curb Appeal

  Spring is in the air, ensure to showcase your home with flowers in bloom in planters or beautiful seasonal flowers in the garden. Empty pots will not provide a memorable first impression! Potential buyers might drive by to pre-select the properties they would like to visit. Be part of the favorite homes and impress!

Real Estate & Home Staging

Real Estate & Home Staging – Follow the link below for my article in Power 2 do it about Real Estate & Home Staging a winning partnership http://www.power2doit.com/…/real-estate-home-staging-a-win…/

Real Estate & Home Staging A Winning Partnership!

Take a moment to read my latest article by clicking on the link below. It will give you some tips on how to be prepared to sell your house. It was wonderful to collaborate with Arlene Moore Dorey from Power 2 do it. Enjoy! Power2doit.com Nicole Rosenfeldt Article

SOLD

Always nice to have a kind message like this posted on your Facebook site, it was my pleasure to work with you as well. Congratulations! Thank you Nicole Rosenfeldt for all your hard work and dedication. You are an excellent realtor! J

Real Estate Moving Tip of the day

Tip of the day: Are you moving? Here is a great way to pack your wine glasses or tall fragile objects. Obtain empty wine boxes at the liquor store with dividers and slide the glasses in the box instead of the wine bottles, no tissue or wrapping required safe easy and voila moving in style!

Another property rented

I had the privilege to work with a wonderful young couple in the last few days and helped them find a fantastic rental property where they can enjoy nature near by with their chocolate Lab – CONGRATULATIONS – Truly enjoyed working with you M & E

Happy Mother’s Day

Have a fantastic mother’s day weekend, cherish all the lovely ladies who have made a difference in your life and enjoy precious moments with your children!

Home Staging has great benefits

Hire a stager to optimize your space A well presented space is inviting and WILL make the difference between your home and the comparable ones in your neighbourhood. Quite often it is the final touch you need to seal the deal…

Tips of the month – January 2015

Four tips to help you get the best deal when refinancing your mortgage & 7 quick tips to create a home office you’ll actually want to work in Click on the link below to know more and contact me if you would like some information on the market – Happy New Year, all the best for 2015, health and lots of success! Your Realtor Helping You Achieve Your Real Estate Goals and Dreams. file:///C:/Users/Owner/Downloads/Rosenfeldt%20(14).pdf  

Kitchen “the heart of a home”

Make sure it beats at its full potential. This can make or break a deal. Always have it clean and with an immaculate presentation like this showhome I designed for a new home builder.

Kitchen investment and renovation

Investment The kitchen can be a big investment but it will be your strongest return when you sell and your most appreciated room in the house. If you have to spare some money. Do it on other rooms. Removing this wall, updating the cabinets and counter tops were an amazing improvement for this property. Notice the impact in these before and after pictures. Design by Nicole Rosenfeldt      

Networking for a Cure

It was so nice to join a fantastic group of people with a common interest to find a cure for cancer tonight, I had the pleasure to meet new professionals and like minded individuals. Great event Maple Soft Center Team & Allison!

Storage

Storage isn’t always a better investment In order to have a huge shower, this storage was removed and the functionality of this bathroom has been improved and impacted the value of this property in a positive way.  

REAL ESTATE HELP

Just a click away   Type your questions, click and send. Please know you can contact me anytime to find out the best way to prepare your home for sale, answer any concern you may have after the transaction is completed. Understand the market as a first time buyer, there is no questions to small, always feel free to ask. I am working for YOU!

Fining your new home or selling your property

Looking for Real Estate Services? Realtors make the process easy for you. We have access to properties before they are on the market, through collaboration with our co-workers we can provide connections to multiple buyers and sellers. When you hire us you receive access  to all our connections, and the support of a professional brand Royal Lepage!   Save your time and let ME work for you!

Snowsuit Fund Ottawa

What a pleasure to help at the Snowsuit Fund of Ottawa   I had the pleasure to meet lots of new people and help kind families, way to go, great team! 225 Donald St #134, Ottawa, ON K1K 1N1 (613) 746-8719    

Royal Lepage Toy Mountain Sponsor

I am proud to have donated for this wonderful cause and sharing the happiness with the children, please give generously! Follow the link below for more information http://ottawa.ctvnews.ca/video?clipId=498179&binId=1.1487308&playlistPageNum=1

You Never Get a Second Chance to Make a First Impression

Selling your home? Read my article in the Ottawa Life Magazine where I had the opportunity & pleasure to write for Brandelyn Cameron-Martin Brandelyn Cameron’s Style Profile focuses on local Ottawa Experts. Nicole Rosenfeldt shares why Home Staging is essential for a memorable first impression in Real Estate. In today’s world, competition is fierce. Selling a home is no longer about hiring a Sales Representative and installing a sign on your front lawn. It is about working with a knowledgeable and professional Realtor who has a team, including yourself, to present your property to give the most memorable first impression. Home Staging is a huge part of the Real Estate process. While most of us live very busy and demanding lifestyles, the taste and the practicality of your family should be set aside while in the process of selling a home. The reality is you are competing with new home builders who have all the latest finishes and designer services. In order to be ahead of the competition, you must prepare your home to be desirable in the eyes of the general population. This is accomplished by using neutral tone colours, keeping your house organized, but most of all, clean and uncluttered. Practicality becomes secondary to presentation and personal lifestyle needs are temporarily on hold during the selling process. It will be a challenging period especially for families with little ones, but keep in mind photographers are not magicians. They can use fantastic lenses and flashes, but their cameras usually do not have an app to remove the dirty laundry, toys everywhere or the broken window. Take a minute to fix paint damage or loose baseboards. Anything unappealing will be in the buyer’s eyes a detriment to the value of your home and they will question how well you maintained the property. A little time and hard work can save you big dollars and surely avoid too many complications at the home inspection stage. If you know something is defective or in poor condition, the inspector and the buyer will notice it too. Why encounter unnecessary complications or risk losing a sale? Home Staging is a process and has many levels of tasks to complete to achieve a successful transaction. Most of the work is inexpensive, but in some instances, there might be a cost in order to obtain the best value for your home or return on investment. Your goal is to avoid price reduction or simply be on the market for as little time as possible. The more involved you are personally, the better your results will be! A Real Estate transaction is a team effort by skilled and hardworking individuals, choose well and ask relevant questions. Be ahead of the game and leave a fantastic first impression. Many home buyers search for their homes through pictures featured on MLS or during a visit where your property is showcased in the best light possible. A picture is worth a thousand words and the potential future owner of your

Happy Halloween

Wishing you and your loved ones a fun, safe and yummylicious Halloween, enjoy!

Furniture for small space

Utilize furniture with storage to fight clutter and small spaces. The result is stunning and so much more functional. Drawers on bed are a wonderful way to maximize your storage.

Fall Open Houses Are Fun

I love hosting Open Houses during the Halloween season, you provide treats during the showing and get to cheat and have some too! If you prefer a private visit, I will bring your very own goody bag. Have a sweet day!