Ottawa’s Real Estate Market First-time homebuyers are finding that the Ottawa real estate market is extremely competitive at this time. Due to the learning curve of both the market,
Ottawa Home Buyers can Win
Dated: February 1 2021
Ottawa’s Real Estate Market
First-time homebuyers are finding that the Ottawa real estate market is extremely competitive at this time. Due to the learning curve of both the market itself, as well as of the home buying process, many first-time buyers are missing opportunities when better prepared buyers quickly scoop up properties.
A Sellers’ Market
A sellers’ market, the current Ottawa real estate environment poses an additional challenge to first-time buyers in the speed of sales. A home buyer needs to be ready to make an offer – sometimes in very little time and often under pressure (which agents work to alleviate).
To be fully prepared, home buyers not only need to be pre-approved for a mortgage, but they should have already decided on an inspection or status review for a condo before they buy. Because an inspection or status review is an investment that may not grant any return, it’s best for them to make the decision ahead of time.
Learning More about Your Market
Partnering with a knowledgeable REALTOR® is the first step in the journey to home ownership. An experienced real estate agent will go the extra mile for a client, greatly benefiting the first-time home buyer. Your real estate agent is your guide and can help you grow familiar with the market by showing you properties.
Your agent will show you as many properties as necessary in order for you to feel comfortable making a decision. Real estate agents know this is the only way to help home buyers learn about the market, enabling them to make an informed decision.
Beyond the value of the agent-client relationship, a real estate agent also offers a home buyer a market analysis, informing their client of a property’s value. This analysis also empowers buyers to track available properties and to see at what prices properties sold in the past year, the past six months, as well as more recently.
Home Buying Process
A dedicated real estate agent has your back and will guide you through the home buying process, from A to Z. Your agent can help you with the following and so much more:
· Choosing the Area
· Learning the Market
· Understanding Competitive Offers
· Knowing Your Property: Status Certificate & Inspection
Starting Where You Are
Whether you’re looking to buy in a year’s time or you want to see properties today, joining forces with a real estate agent is the most efficient and effective way to achieve your home buying goals. An agent can help you understand the process, especially if you’re feeling intimidated. A real estate agent can also help you manage expectations while also preventing you from overpaying for a property while under pressure in this competitive market.
Your Real Estate Agent, Basia
Basia is a dedicated real estate agent who does indeed go the extra mile for her clients. She helps them not only solve problems but also thrive throughout the home buying process. If you or your friends and family can use her services, please feel free to reach out to Basia and her team.
Take the first steps to success:
- To get started, tell us your needs and wants here.
- Explore our website and read our testimonials section.
- Check out Basia's mortgage app includes everything you need to estimate your homeownership costs. You can calculate mortgage scenarios, get pre-qualified, browse thousands of rates, stress test, land transfer taxes, closing costs and so much more. Click here.
Call or text, and we’ll get right to work for you!
Basia is a dedicated and knowledgeable professional who enjoys sharing her skills and expertise with successful home buyers and sellers. She will work hard to grow a long list of happy clients and ref....