Archive for 'Selling'
Legal Costs in Real Estate
Posted on 27. Jun, 2011 by Manu Sharma.
A good lawyer is a key part of any residential real estate transaction. You will want to meet with your lawyer as early as possible to go over details around the proposed contract, costs, title related matters, title insurance and financing among other things. I spoke with a few Ottawa real estate lawyers to put [...]
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Write a Great Home Description
Posted on 09. Jun, 2011 by Manu Sharma.
How to Write a Great Home Description
Writing the description for your home should be treated like writing marketing ad copy. A clear, concise and catchy description of your home will help to draw people in to take a closer look at your add. Houses aren’t sold online, so you will want to create your description [...]
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Google My Maps for Additional Location Information
Posted on 06. Jun, 2011 by Manu Sharma.
If you found yourself tomorrow in a foreign city, would you know where you wanted to stay? Details around the number of square feet and hotel amenities wouldn’t matter much if it was in the wrong part of town, or resulted in a massive commute to your destinations. A foreign city may be a stretch, [...]
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Decrease in House Sales, Average Price Increases Expected to Continue
Posted on 30. May, 2011 by Manu Sharma.
The CMHC Housing Market Outlook released today highlighted a slight decrease in sales activity (5.7%), although indicated that average prices were expected to continue to grow, particularly with the expected strength in the economy for 2012. Expectations are that housing sales activity will continue to slow with the moderate increases in interest rates coming. CMHC [...]
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Mortgage Rate Outlook Q1 2011
Posted on 21. Feb, 2011 by Manu Sharma.
Findings from the CHMC Housing Market Outlook highlighted a number of key facts, including the expected stability of the current mortgage rates. On January 18th, the Bank of Canada announced that it was leaving the Target for the Overnight Rate unchanged. With this the overnight rate expected to remain stable in 2011, with mortgage rates, [...]
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MLS, Realtors and the role of Selling
Posted on 07. Apr, 2010 by Manu Sharma.
There is significant buzz with the Competition Bureau complaint with the Competition Tribunal against the Canadian Real Estate Association (CREA), defining CREA’s practices as anti-competitive. A significant amount of the discussion on blogs, and discussion pages is focused on the role of a real estate agent, and whether they provide value for their ~5% transaction [...]
