Advance Signs of Strong Spring Real Estate Market in Ottawa

[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

ottawa real estate market conditionMartin Elder shares the latest edition of Westboro Highland Park Community News.

With Ottawa West and Ottawa South considered prime hot spots for buyers, all signs are pointing to a strong spring market in the communities known as Hintonburg/West Centretown, Ottawa West/Tunney’s Pasture and Westboro/Hampton Park.

If you are planning a move, now is the time to prepare. Connect with Martin Elder today at 613.236.5959 or email to discuss your options.


What do I pay for my real estate Buyer Agent?

What do I pay for my real estate Buyer Agent?

It was at the end of a successful transaction with a happy Buyer and I think a happy Seller when the Buyers asked, Martin, how much do we pay for your real estate service? This question came as a surprise to me as I had talked about fees long before we began looking at houses for sale. I guess they were not listening. They were even happier when I told them the fees are traditionally paid by the Seller selling the home and so they owed nothing, not a cent for Real estate fees on closing day!  

It’s a reasonable arrangement when you think of it. The seller purchased ten years ago and often house prices will nearly double every ten years. The seller is happy to reap the rewards of sound appreciation on their initial investment. So paying the listing fees is a small price to pay for a net capital gain. And when you think of it, I mean really think about how house prices increase it is the Real estate agent who is the primary agent in increases value! After all house prices don’t automatically go up year after year. Someone has to speculate how the buying market will respond to a given home in a specific part of the city. That would be the skilled Real estate agent.

Call  and ask about closing fees on selling or buying of real estate. Real estate fees, Lawyers fees, Land transfer tax, HST, Municipal taxes, Surveys, Mortage Fees, Disbursements…