How to Help Sell Your Home Quickly

Usually when you list your home, you would prefer to sell it quickly. It’s like being the first one served at a crowded ice cream parlour. It’s satisfying. However, sometimes there’s more to it than that. There may be a truly urgent reason why you need to find a buyer for your property as soon as possible, such as a sudden job relocation. If that’s the case, it’s important to explain your situation to your REALTOR®, who will be able to put together an action plan for selling your home quickly and for the best price possible. During that conversation, ask what you can do to help the process along. For example, you may be able to:
 • Spread the word to your friends and other connections on Facebook.
 • Canvass your neighbours and tell them about your listing.
 • Stage your home so that it’s more attractive to prospective buyers.
When it comes to price, be prepared to be flexible. That doesn’t mean you must settle for a price far below your home’s market value. However, you do need to be prepared to accept a good offer rather than try to hold out for a great one. Also be open to as many viewings and open houses as possible. Having many prospective buyers come through your home within a short period of time may be a little inconvenient, but the payoff might be an offer! Finally, work with your REALTOR®. A good REALTOR® will know the local market well and have many ideas for selling your property fast. Looking for a good REALTOR® like that? Call Ian today 613-222-2662 or ian@royallepage.ca

The April resale market in full bloom -

Courtesy of the Ottawa Real Estate Board May 2015

OTTAWA, May 5, 2015 - Members of the Ottawa Real Estate Board sold 1,570 residential properties in April through the Board's Multiple Listing Service® system, compared with 1,419 in April 2014, an increase of 10.6 per cent. The five-year average for April sales is 1,531. 

"Despite the late departure of the cold weather this April, buyers were out in full swing, propelling the Ottawa resale market into a busy spring selling season," says David Oikle, President of the Ottawa Real Estate Board. "Sales continued their steady
pace upwards since the beginning of the year, with 362 more properties sold this April over March."

April's sales included 258 in the condominium property class, and 1,312 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked 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.

"The average cumulative days on market has improved even more in April, coming in at 74 days, compared to 83 in March," says Oikle. "Properties are moving faster and with just under 9,000 residential properties, including condos, available for sale going into May,"

The average sale price of a residential- class property sold in April in the Ottawa area was $403,239, an increase of 0.9

per cent over April 2014, The average sale price for a condominium-class property was $265,371, an increase of 2.7 per cent over April 2014, 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 the total dollar volume of all properties sold.

"Several price ranges this month saw significant increases in units sold; a possible explanation for the residential average sale price entering the $400,000 range," explains Oikle. "The $400,000 to $450,000 range saw an increase of 37.3 per cent; while the
$500,000 to $750,000 range saw a 25.4 per cent increase, Two-storey and bungalow residential properties remain as the top selling property-types in Ottawa. In addition to residential and condominium sales, ORES members assisted clients with renting 283 properties in April, and 876 since the beginning of the year."