Take a look at this really interesting time lapse of Rideau Street and 90 George, which interestingly enough is taken from 200 Rideau! Credit to Robbie’s Photo Art on Flickr!

—

http://www.MattRichling.com

Last week I took a tour of the remaining condominium units at 90 George Street. The above 3.5 million dollar view is from the northwest penthouse, a two story crown jewel that tops the 104 unit building. The unit itself is currently under construction hence the lack of interior pictures, but I can tell you that of the features that have been decided include a floating staircase, large wine cellar, enormous walk in shower, full unit speaker system throughout the unit, and much more. Don’t forget this is all on top of the building’s already high standards, and “cosmopolitan luxury” does not give it justice. Rumored to be Ottawa’s equivalent of the infamous Trump Towers, most can dream to attain such an address.

—

http://www.MattRichling.com

Night Scene in Ottawa - Taken by Robbie's Photo Art on Flickr

Yesterday, a deal that I had been working on fell through. Both sides could not come to an agreement, and decided that it was best not to continue. Although my client was initially unhappy with the outcome after investing her time and money to get where we had, she was very happy to realize things about the property now, before she had possibly taken ownership.

Okay so why are you telling us this Matt?

Because this situation happens, and most people do not prepare you to look at the facts. Regardless of the property type (income producing or not), there is a conditional phase (building inspection, due-diligence etc) where we take a closer look at the property and “dig a little deeper”. We try and take away the emotional side (”I really want it”) that we as buyers have, and bring in the “truth professionals” also known as the building inspector, lawyer, etc.  We pay them good money to look at the facts, and to give it to us straight.

My role in this, as an agent (some clients call me their secret agent, please feel free to do so as well) is to work with the other side to get you what you want. You want that lamp, alright let me see what I can do. You want that hole that a squirrel uses as the entrance to your home fixed before you move in, let me see what I can do. Keep in mind, both parties (buyer and seller) are both human beings. Both sides have goals, which most often are not financial, and are looking to have the other side provide it.

We (as in the team) are going to find things (some good some not so much), and nine times out of ten we can negotiate them into/around/out of the purchase. But sometimes at the end of the day there will be a fact that just can not be negotiated, or fixed about a property. We will do our best, but that deal might not be the one for you and we will have to understand that.

The great thing is that I will stay with you through this deal and the next. I will be there to help you find those squirrel holes and get them fixed.

—

http://www.MattRichling.com

Matt Richling is a sales representative with RE/MAX Affiliates Realty Ltd., Brokerage, Independently Owned and Operated - The opinions of the authors expressed herein do not necessarily state or reflect those of the RE/MAX or RE/MAX Affiliates Realty Ltd., Brokerage.