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You Can't Sell Your Condo In This Market! Or Can You? 134 York, York Plaza

Hi York Plaza/134 York Street, Ryan Cole here with Royal Lepage. Here today with this brief video in response to the general feeling I have been sensing from condo owners regarding the current market. The general sense that I'm getting from people is that it may not be possible to sell their condo in the current market. Fortunately condos are still selling which is the positive news. Sales are not actually down that much for condos in Ottawa, however it may appear to be a worse market due to the increased inventory over the past few years. As a result there are certainly condo owners not able to sell as there aren't quite enough buyers to eat up the supply within a reasonable timeframe. Fortunately there is no magic to getting your condo sold in this market. The key points to keep in mind are getting maximum exposure, mainly a well executed showcase website and ensuring that your listing is on all the websites that the buyers are searching. Presentation, specifically high quality video and photographs are extremely important to attract motivated buyers. Accurate pricing is the most important aspect in the current market as buyers have the luxury of a price shopping with the current inventory. If you're pricing is accurate you'll give yourself the best chance of a buyer selecting to offer on your condo over others that they feel are overpriced. If you want more information on our specific marketing and pricing strategies don't hesitate to get in touch and we'd be pleased to share with you. As an owner and director on the board at York Plaza/134 York st we are well positioned to sell your condo. We've been very fortunate that many owners have entrusted us with the sale of their condos and as a result we've managed to sell more condos in the building than any other Realtor in the past 5 years. I look forward to seeing you around in the building. Take care.



This entry was posted on September 29th, 2015 by Ryan Cole | Posted in Opinion

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You Can't Sell Your Condo In This Market! Or Can You? 134 York, York Plaza

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