Posts Tagged ‘realtor’
Posted on: January 14th, 2020 by Chris Scott
3 Biggest Challenges Facing CAF Members on their HHT’s
Our team has specialized in helping military families buy & sell their Ottawa homes for over 15 years. It has always been the most enjoyable part of what we do. The current market conditions in Ottawa have created some real challenges for our military clients relocating the capital. It is a seller’s market and the absorption rate is at an all-time high. Here are the 3 biggest challenges facing our HHT clients in Ottawa:
1: Available properties to buy
In many neighbourhoods within the city there is not much inventory available. It is even more prevalent in the areas our military clients like to purchase. Kanata, Stittsville, and Nepean are all grappling with a shortage of available listings. These are historically low levels. The graph below illustrates this well. When supply is down and demand is strong it puts upward pressure on prices. It also tends to make house-hunting trips a bit more stressful!
2: Speed of Sales
Homes in Ottawa are selling at record speed. Before you arrive on your HHT the properties you may hope to see are sometimes sold. It is challenging when we have a full list of houses to look at, only to discover that many have been put under contract. It also means that when you are on the ground here the houses can sell quickly. Decisions on properties need to be made quicker than usual.
3: Multiple Offer Dates
This was the biggest hurdle for my military clients in 2019. Many sellers in Ottawa are not entertaining offers until a certain date and time. For instance, a house may come for sale on a Wednesday. Showings will begin but there will be no offers until the following Monday. Then on offer day, you may be competing against 3-5 other buyers for the house. I don’t have to explain the logistical concerns involved for clients coming in for a few days on their house-hunting trip. It is something that we had to overcome in 2019 for sure. All our HHT’s were successful last year.
Ok, so I have given you a few of the challenges that one might face. It is also important to know the solutions. Here are some of the solutions to tackle this challenging house hunting trip environment:
Relocating to Ottawa? Fill out our HHT Buyer Criteria Form to start your Ottawa home search today.
Want to know what your Ottawa home is worth? Fill out details of your home below to receive a complimentary home evaluation.
Posted on: January 14th, 2020 by Chris Scott
How to have a successful Ottawa HHT in a tough market
First let me say that 2019 was the most challenging posting season ever in Ottawa. In these extreme market conditions, we managed to secure over a dozen houses for our clients and nobody left empty-handed or even settling for a house. I think a reality show on my client’s HHT experiences this year would win an Emmy for best reality show!! We had some adventures for sure and it wasn’t always easy but we got the job done. Here are a few keys to success in this market:
Adaptability to Conditions:
We need to act fast in this market. Whether it is reorganizing a day of showings to get into a new listing first or having an offer prepared and ready the instant our clients need it. We had one client purchase only 3 hours after they landed because that is when the offers were being presented. Clients need to be adaptable too. In that particular case, our clients beat out 5 other offers and secured the house. They love the house and neighbourhood to this day! Trust was important for them. They needed to trust us that the house was a good value and a good fit. They got a perfect house because they were adaptable to the conditions and our team was prepared to act fast with them.
Exclusive off-market opportunities:
We plan our whole year around the HHT season. We are determined to find off-market properties for our incoming military families. Here is an example of a letter we sent out to over 20,000 households.
We do targeted Facebook ads and postcards for Kanata and Stittsville. Both areas have been very popular for our military clients. Each year we have many clients who buy our off-market opportunities. In many cases, they are outgoing military clients who love selling to incoming CAF members. It works out great! Our team is proactive in creating the best experience possible.
Experience:
Simply put, there is no team better equipped to handle house-hunting trips. We work together on our HHT’s and are extremely organized to make sure every detail is taken care of. There is no team that knows BGRS policies or can get quick information on them faster than us.
Adaptability to market:
Every HHT is different and requires the ability to adapt to different situations. Let me give you a quick example of this: In 2019 posting season Andrew and Liv were about to put an offer on a house they didn’t really love in multiple bids. On the morning of the offer date, we are getting a pre-inspection done to give us the best chance. We are sitting there and this perfect house comes to the market (send to us via email). We booked the appointment for the inspection. We raced to the house and we were in there 30 mins after it hit the market. The clients loved it!! I knew the other agent really well and we had an offer in the seller’s hand within an hour (we have Steph in the office coordinating things). It was accepted an hour later (we had a tight timeline). Interestingly, another offer came in just after ours was already accepted. We dodged a bullet for sure. The moral of this story is that we do what it takes to get our clients the best house possible. If it means switching gears completely then that is what we will do. Andrew/Liv got their dream house! We need to adapt to the market conditions that are presented to us.
Communication before you arrive in the city is also very important. If you want to connect with our team and talk about your real estate needs or have any general questions please feel free to reach out.
Relocating to Ottawa? Fill out our HHT Buyer Criteria Form to start your Ottawa home search today.
Want to know what your Ottawa home is worth? Fill out details of your home below to receive a complimentary home evaluation.
Posted on: August 27th, 2019 by Chris Scott
I recently had some clients in from Edmonton on their HHT. They thought they found the perfect house for their family. Unfortunately for them, the inspector discovered some serious issues and our clients walked away from the deal. We were fortunate to have the expertise and guidance of an industry leader. This is the kind of support we make sure our clients have when they come to Ottawa for their HHT. Our preferred inspector is on the approved list and uses an infrared camera inspection as part of his package. He is the best in the business.
Many Ottawa military house hunting trips are during the busy spring market. This is the time where inspectors are also hard to book, especially on short notice. As an extra service to our clients, we have our home inspector tentatively book us a time. We are one of the few teams he does this for because we work with him so often.
Other inspectors that we use on HHTs when needed:
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Water Inspectors
Our guy will test the volume of the well, the water treatment equipment, and of course have the water tested. |
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Septic Inspectors
We want to test the system to make sure it is in working order. It is one of the most expensive home components so we want to make sure there are no unexpected costs coming up. |
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Pool Inspectors
If you have a pool it is a good idea to have this inspected prior to purchasing. We have a company that specializes in this. |
Whatever your needs are on your Ottawa house hunting trip, our team has you covered! Call or text us anytime if you have any questions 613-863-6999.
Relocating to Ottawa? Fill out our HHT Buyer Criteria Form to start your Ottawa home search today.
Want to know what your Ottawa home is worth? Fill out details of your home below to receive a complimentary home evaluation.
Posted on: August 29th, 2018 by Chris Scott
As a relocation specialist, the first question that buyers often ask me is about commuting to the new NDHQ. For many, this will determine where they will purchase. Right now there is plenty of parking available at the facility but this may change over the upcoming years as more people get transferred to the building. OC Transpo has been working with the city and CAF officials to create a viable plan for those taking the bus.
Most customers across Ottawa will be able to travel to Carling campus with one transfer on bus routes 101, 103, and 152. The city extended the transitway from Bayshore to the Moodie off-ramp to help accommodate the extra bus users this relocation is going to create. Here is a map of the bus routes.
Many of my clients who are relocating to Ottawa end up choosing areas Stittsville, Kanata, and Barrhaven due to its relatively close proximity to the Carling campus. We are always happy to chat with you about your move. Feel free to reach out via my cell at 613-863-6999 or fill out our HHT booking ADD LINK sheet and we will be happy to assist. We have been doing this successfully for 14 years. We have an excellent track record of results and would be happy to assist.
For more information regarding Ottawa transit click here, it will give you some great insight into transit times to major DND work locations.
Posted on: May 24th, 2018 by Chris Scott
DND has announced plans this week for a new operational headquarters that will be home to some 4500 civilian and military personnel. The plan right now is to have this completed by 2029. The site has not been finalized yet but DND spokesperson said it will be in close proximity to the new headquarters at the Nortel campus. It will centralize operations and involve vacating the Star Top Road facility in the East End. In the end, this will mean that this area will house over 13,000 personal when you include the 9000 that will be at the new DND headquarters when it is fully operational. Personally, I think this makes sense as it will make communication/synergy much easier and provide long-term savings. Having so many buildings scattered throughout the city has not been the most efficient way of running things.
This new building will have an interesting effect on real estate prices in Kanata and Stittsville. These areas will continue to be the locations of choice for military families. Add in the LRT line that will be operational out that way by 2029 and I believe the long-term growth of these real estate markets will be awesome.
If you are relocating to Ottawa or have any questions, please get in contact with us. This is what we specialize in.
Posted on: May 16th, 2018 by Chris Scott
Ottawa is the most challenging place in the country to buy a property right now. According to the Canadian real estate association, Ottawa is the hottest market in Canada and it’s not even close! This presents an interesting set of challenges for military buyers. They have only limited time on their house hunting trips. There is much less to look at and you really can’t start favouriting too much before you arrive because the good houses are usually sold. I have been trying my best to get off-market listings ready for my clients before they arrive. This past week we had some great success with Corey and Marie who bought a house that was off-market. It was a brand new house that had closed only a few weeks earlier. It was the first place they looked at on Monday and it stood up against everything else we looked at. These exclusive opportunities are one way I am trying to give my military house-hunting clients a leg up over the competition. It is the second off-market deal we have done in this regard this year. In both cases, it was a win-win for everyone involved.
If you or someone you know is relocating to Ottawa please feel free to get in touch. This is what we specialize in.
Posted on: November 3rd, 2017 by Chris Scott
Military clients are the backbone of my real estate business. I am so fortunate to have this speciality because I get to work with so many great people. As a small thank you for everything they do, my wife and I hosted an event exclusively for military clients. We leased out a full 100L suite on CF Appreciation night at the Ottawa Senators game exclusively for our military clients. What a fun night!
Here are some of the pictures:
If you find yourself posted to Ottawa please consider me a real estate resource. I have worked on 100’s of house hunting trips and understand the process more than most. We enjoy taking care of our clients!
Posted on: July 31st, 2017 by Chris Scott
If you have been transferred to Ottawa and are booking a house hunting trip there are a few important things to consider. Here are my top 3 tips:
1) Resale: Find a house that does not have any major strikes against it. This could be power lines in the backyard, house on a really busy street, it has an unusual layout or some type of stigma attached to the house/area. You have to make sure the house can be sold quickly on the other end when/if you are posted outside of Ottawa. Exceptions can be made if the price is very good.
2) Location: Find a location/neighbourhood close to transit, has good resale and is accessible to good schools. I can help guide you in this respect. I have good knowledge of all the areas in Ottawa.
3) Realtor: As you know this week is going to be very important for you. Your new home/area can in some ways dictate how you will enjoy your time in Ottawa. It is important to get aligned with a great Realtor who is familiar with house hunting trips. There is no time for mistakes.
If you have any questions about your posting to Ottawa please feel free to get in touch. I am always reachable via my cell at 613-863-6999 or email.
Posted on: February 10th, 2016 by Chris Scott
One question that is often asked of me is Why specialize in military relocation?
The answer is quite simple. The people I have been fortunate to work with over the past 11 years have been incredible. There is lots of repeat business if you do a great job too.
I have had one military client move to Ottawa, get transferred out to Edmonton, then back to Ottawa and then relocated out East. They have plans to come back for 2017. I have gotten to know them so well over the past 11 years. As a military Realtor if you do a good job it is amazing how loyal your clients will be. Having the right real estate agent in Ottawa can definitely make all the difference. Keep me in mind if you are transferred into Ottawa.
Thanks,
Chris
Posted on: September 15th, 2015 by Chris Scott
Ottawa is a very popular destination for military postings. This has given me the opportunity to help dozens of military families get settled in Ottawa. Working with military families has always been the favourite part of my job. Military clients understand the process and do what it takes to get their home ready for sale. As buyers, they realize that relocation is just part of the job.
I had the pleasure of helping Heather and Alex sell their Ottawa home this summer. This was the fourth transaction I have helped them with. I also got them setup with a great Realtor in Fredericton. They are such a joy to work with. It was the fourth time in 7 years they have moved cities. Think about that! That is incredible! It is not easy to just pick up and move to a new city – especially with a young family. These sacrifices often go unnoticed. They are among the many reasons why we should all hold our CAF members in such high regard.
Thank you for all you do!
Chris
