The Ottawa resale market remains steady and strong in May

June 3, 2015 - Members of the Ottawa Real Estate Board sold 1,926 residential properties in May through the Board’s Multiple Listing Service® system, compared with 1,789 in May 2014, an increase of 7.7 per cent. The five-year average for May sales is 1,812.

“The Ottawa housing market continued its strong performance in May, making it the best May for unit sales on record since 2009,” says David Oikle, President of the Ottawa Real Estate Board. “Units sold are up 357 since April, increasing in both the residential and condominium property class.”
May’s sales included 342 in the condominium property class, and 1,584 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

“The average cumulative days on market remains consistent at 72 days, compared to 74 last month,” says Oikle. “Properties are moving consistently and inventory remains plentiful; labelling the Ottawa market as a Buyers’ market and allowing for average sale prices to remain very stable.”

The average sale price of a residential-class property sold in May in the Ottawa area was $411,791, an increase of 2.6 per cent over May 2014. The average sale price for a condominium-class property was $266,940, a decrease of 4.9 per cent over May 2014. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.

“The hottest segments of our market for May were sales between $300,000 to $400,000, followed by the $200,000 to $300,000 range and then the $400,000 to $500,000 range,” says Oikle. “Two -storey residential properties sold surpassed 1,000 units this month, continuing to have the highest concentration of buyers in Ottawa. In addition to residential and condominium sales, OREB members assisted clients with renting 279 properties in May, and 1,155 since the beginning of the year.”

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Ottawa Real Estate Agent Wins Prestigious North American Business Award

Ottawa Real Estate Agent Wins

Prestigious North American Business Award

TORONTO – [Aug 19/14] – Marnie Bennett, a Broker of Bennett Property Shop Realty, Ottawa, Ontario, was awarded the prestigious “Daniel Passante Entrepreneurship Award” in a ceremony at the Toronto Hilton on Saturday, August 16 by Craig Proctor Coaching International.

ABOUT THE WINNER

An admitted workaholic, Bennett was #1 for Keller Williams International in 2010 (besting more than 80,000 other Keller Williams’ sales reps worldwide), before starting her own boutique agency in 2012; and has consistently ranked in the top one per cent of salespeople in North America for the last several years. She has a bachelor’s degree in law and economics, and even back in 1981, in her first year of real estate, she was one of the top agents in Canada.

While Bennett’s drive took her far on her own, her real estate business more than doubled when she aligned herself with Craig Proctor Coaching. “I went to my very first Craig Proctor Super Conference in Los Angeles in May 2010,” said Bennett. “At that time, I was on target to be the #1 Agent for Keller Williams International - but if the truth be known, I was mainly using - but was far less than happy with - the “old school” real estate systems that just didn’t fill our brokerage’s unique needs. But I had done a lot of research into methods and systems that were being used by large and successful brokerages and discovered that the common denominator of the most successful agents in my market place was that they were all Craig Proctor students.”

Over the last four years, by gradually implementing and integrating Proctor’s Quantum Leap Real Estate Success System with some of her brokerage’s existing systems, and ultimately after joining Proctor’s elite Titanium Coaching group, Bennett rapidly grew her business doubling her sales after opening her own boutique brokerage in a beautiful heritage office building in downtown Ottawa. “We now have 40 people on our team; and in one of the toughest markets that I have ever experienced, we have grown our resale numbers by 58% over last year,” said Bennett.

“If Marnie doesn’t inspire you,” said Proctor, “you’re tough to impress. We selected Marnie as the recipient of the Daniel Passante Entrepreneurship Award from among the brightest and best real estate agents from across North America because she exemplified the same huge energy, intelligence, entrepreneurial spirit, and dogged perseverance of the superb agent after whom the award was named.”

“I was completely taken by surprise and am thrilled and honoured to receive such a prestigious award and for being recognised for all my hard work and dedication. For the last 33 years, my goal has always been to offer the highest quality professional real estate services and to build the best real estate brokerage which provides my clients with what we call “5-Star Service” and I appreciate receiving this award as it shows that my colleagues recognize how successful we have been in taking care of our clients’ needs,” said a grateful Marnie Bennett.

ABOUT THE AWARD

The Daniel Passante Entrepreneurship Award was created in May 2012 in memory of an exceptional business leader and an inspiring Craig Proctor coach, Daniel Passante, who tragically passed away on March 25, 2012. The award is presented annually to the most innovative, inspiring, and successful team leader. Past winners include Realtors Len Wong in 2012 and Rick Brash in 2013.

Craig Proctor Coaching is an International Real Estate Success Coaching organization that has shaped the lives of over 30,000 Real Estate Agents across the globe. Founder and CEO Craig Proctor designed the Quantum Leap Real Estate Success System that underpins his coaching programs for his own highly successful real estate business, only recently devoting 100% of his time to coaching other agents worldwide. While an active agent (not a broker), Proctor consistently sold over 500 homes a year for annual GCI of almost $4 Million. He was twice named the #1 agent in the world for RE/MAX®, and was one of the top RE/MAX® agents in the country for 15 years. As a Real Estate Trainer, Proctor has coached more agents to Millionaire status than any other trainer. For more information, visit www.ProctorRealEstateProgram.com 

ABOUT THE BENNETT PROPERTY SHOP REALTY, BROKERAGE

The Bennett Property Shop Realty is a one-of-a-kind international boutique brokerage in Ottawa, Canada whose business philosophy is based on exceptional personal service, leadership and industry-leading and innovative policies and practices. Bennett is an award-winning marketer and has become one of Canada’s most highly-regarded Real Estate marketing and sales consultants and strategists because her company provides a full scope of integrated services that are customized to produce the highest possible degree of success for each client. With a team of 25 elite sales representatives who routinely go above and beyond the call of duty, the Bennett Professionals have built a steadfast reputation for excellence in the nation’s capital where their clientele includes Ottawa’s buyers and sellers, countless investors (including Ottawans buying outside of Ottawa and foreign nationals investing in Ottawa properties), as well as local and international developers. Turning this business into a one-stop-real-estate-shop has proven to be no small feat for the Bennett team, but a challenge which Marnie Bennett and her team enthusiastically take on. With over 9,000 sales, and $3.1 billion in real estate sales, the Bennett Property Shop hands down is the number one choice among discriminating home sellers and buyers and real estate developers.

MORE ABOUT MARNIE BENNETT

Marnie Bennett is one of the capital’s most prominent businesswomen, entrepreneurs and media personalities. Marnie’s personal life experiences have given her the ability to address women with insight, empathy and compassion, along with her trademark frankness.

From the beginning of her real estate career, Marnie’s sales numbers were among the highest in Canada – which results confirmed that this was the right fit for her particular gifts.

Recognizing that there was an ignored by critically-important niche to fill in the Ottawa housing market, Marnie began her own boutique marketing and realty firm in 1994 – a company that rapidly became a “one-stop shop” for numerous local real estate developers, builders, property managers and investors. Her passion for encouraging women has found expression as she coaches her team members to develop and expand their talents, and as she mentors private clients to take control of their financial futures. But most rewardingly, she’s watched confidence levels steadily rise among clients who have taken part in her “Women on Wealth” (WOW) workshops, learning skills that help them to make the most of their hard-won earnings.

On the media front, unhappy with the “boys’ club” attitude of the local real estate radio show, Marnie began the first of two radio shows. In the first, Marnie offers real-world, practical and inspiring information and advice that is easily understood to a broad range (by both age and financial savvy) to listeners from different walks of life. In the second show, Marnie interviewed various local entrepreneurs to elicit their secrets for success and to inspire other would-be entrepreneurs “to get their ideas in motion”.

She’s also a frequent columnist in local newspapers and magazines, offering fresh, down-to-earth advice that often specifically addresses women home buyers at various stages of life.

In 2008, Marnie was named Ottawa’s Businesswoman of the Year.

In 2010 Marnie was named #1 Realtor Worldwide with Keller Williams Realty International distinguishing herself among 93,000 other sales representatives.

In February 2012, Marnie and her family opened a boutique real estate brokerage in downtown Ottawa - just steps away from Parliament Hill – The Bennett Property Shop.

The Bennett Property Shop is a unique real estate firm that provides their clients with “white glove 5-Star service” and meticulous attention to detail.

For further information, photographs or to set up an interview with Marnie Bennett, please contact:

Jo-Anne Suitor

613-670-0164

jo-anne@bennettpros.com
www.bennettpros.com
www.facebook.com/BennettRealEstatePros
Twitter: @BennettPros