Matt Richling

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For Sale - 699 Edison - Westboro Semi

Monday, August 10th, 2009

Who ever said that Ottawa was a boring government town with no taste, is proven wrong again with 669 Edison Avenue in Westboro. Both sides of this 2009 semi-detached home are available for purchase, which just recently had the finishing touches put in place. The units, which are mirrors of each other both boast three generous sized bedrooms, and three bathrooms (with the rough in for the fourth in the basement). The interior, all hardwood except the basement with Berber carpet and bathrooms with tile, were designed for entertaining with the open concept main level, chef’s quality kitchen and high nine foot ceilings. The basement is fully finished including over sized windows, and plenty of room for storage. No expense spared on the exterior either, with full landscaping in the front and fully fenced, maintenance-free backyard.

Did we mention the homes are both Energy Star qualified! Meaning that there are features through out the home designed to save you money, have improved air quality, and expand fewer pollutants than non-qualified homes. For more information on Energy Star and what exactly it requires - go here.

Both homes are listed on the Multiple Listing Service for $464,900 per side and are available with a short closing period. For a private tour please contact Matt Richling directly at 613-286-9501.

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.

Mondrian Interior Pictures!

Friday, July 31st, 2009

Over the last couple weeks the lower floors have been starting the final inspections, allowing the owners a chance to see the units. Below are some photos (sorry about the quality), that the owners have taken. I continue to be impressed with the building.

Rental prices are beginning to pop up, anywhere from $1,450 per month for a one bedroom and the prices go up from there (Parking of course is extra!).

(Above photos are property of Facebook)

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.

Hudson Park II by Charlesfort Update

Wednesday, May 20th, 2009

Check out these update pictures I took for a Charlesfort development Hudson Park phase 2. It was great to see some of the character already coming out of the building, and will be great to see the finished project.

The development located at the corner of Kent at Lisgar and Nepean Street, will feature very strong New York art-deco elements. Check out the photos below.

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.

Sit Down with “Ottawa’s Designer Guys”!

Tuesday, May 19th, 2009

Earlier last week I sat down with Alexander Jamie LeBlanc (or Jamie), one half of the team nicknamed “Ottawa’s designer guys”, to talk about the Alexander Crawford Design Boutique located at 1089 Somerset Street West and the interior design work they do for clients. If you are looking to add a little spice to your home or condo, these are the guys to talk to!

Matt: Tell me a little about yourselves!
AJ: Well we have told this story what feels like a hundred of times, Luc and I have worked independently for about 10 or 12 years and we didn’t even know each other. I have moved to Ottawa and was doing a design for a retail store, and by fluke was working in the store one afternoon. Someone had asked for help and turned out to one of Luc’s clients. As the story goes on, Luc’s client engaged both of us and didn’t give us a choice. Either you are going to work together or neither of you are going to work! It was forced, and that recommendation turned into another recommendation, and just kept going from there.

So you have experienced a little bit of growth since then?
We have grown from literally an 8 foot desk, to then last year being in the top three design firms in the city of Ottawa. We have brought the business from a hundred thousand a year to a few million a year. So we have significantly grown, now currently in our fourth year.

Tell us about some of your projects that you have done in the past…
Well we don’t like to brag about some of the big stuff because it dose not make some of the smaller stuff feel as special. But we do everything from hotels, to full condo developments like the one we just did for 101 Richmond Road. All of those condos are designer ready with designer finishes, also the lobby, theater, rooftop terrace.

What was one of your most memorable or oddest project that you have completed?
Hmmm that is a hard one. I would probably say the strip club. A pub style strip club. We have done an optometry clinic, one of my most favorite was Dr. Jill Taylor, right across from Tommy and Lefebvre on Bank St., it is very modern and is a favorite.

For the average person who is feeling the need for a little more, can they still hire you to redesign their condo?
Whether it is the 5 million dollar cottage we are doing right now, a 20 thousand square foot home we did last year or a its a 400 sq ft condo, the rules are the same. We charge for an initial consultation and by the hour after that. So everybody is on the same playing field, which makes working with us very easy. The largest hurdle is just getting us booked which right now is about a month in advance.

What are some of your goals?
Our goal right now is to have four or five little boutiques from here [1089 Somerset Street West] up to Richmond road.

We are sitting in one of your two boutiques right now, Alexander Crawford Design Boutique. What can people expect when they walk through the doors?
All of our stores are in fact boutiques, so people that come here can expect personalized service and have hired full time interior stylists to assist them. For the average client that is coming off of the street can still get educated response, not an answer from a sales clerk with no experience. They can come through here and flip through fabrics to pick their drapes or for a sofa and get the input from the interior stylists.

What about some of the furniture or pieces you carry and sell in the boutique?
A big thing to keep in mind is our price point. I like to use a decanter as an example, we sell one for $22 and we sell one for $225. When we do the purchasing for our nick naks (which there are a lot of) or for the furniture we try and cover everybody. We just introduced a new collection that Luc and I have worked on, called “My First Place. The My First Place goal is that no piece of furniture is over a thousand dollars. So you can get a full, Canadian made, lifetime warranty sofa for under a thousand dollars. Which normally would be an import or second grade, not like the life time warranty etc. But we also have five thousand dollar sofas, it is all depending on our clients and where their niche is. There is a piece of designer furniture here for everybody, no matter of their price point.

Tell me about your style.
Our style is best described as modern art deco. We both love art-deco which is very thirties feel, and we both really love modern so when you cross the paths, we are the result. With that being said, as designers we do not pigeon hole our work. I did not go to school and learn one particular design style, we do everything from transitional to traditional to contemporary to modern and our clients reflect that.

What is next?
I see us expanding the stores outside of Ottawa, and we are in talks with major television production companies. It is exciting!

What is one of your favorite places in Ottawa?
Hogs back falls!
(Luc popped in from working with a client)
Luc: I am from Ottawa and I cannot just pick one. I have always enjoyed the market because it is the most lively of Ottawa itself, also I find that the architecture of downtown also really does it for me.

For more information make sure to stop by the Boutique at 1089 Somerset Street West or visit:
http://www.crawfordalexanderboutique.com
http://www.designsby2.ca

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.

Look at the Facts.

Saturday, May 16th, 2009

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.

ASK ME! Ottawa Real Estate Questions.

Tuesday, April 28th, 2009

Earlier last week I asked around Twitter and Facebook (add me!) for anyone that had a question about real estate that they would like to have answered. Below are the first three questions I was asked. Do you have a question - Ask me!

Kim P on Facebook asked - I am thinking about moving to Calgary, can you refer me to an agent out there?

Of course! Before I set you up with an agent that works in a specific area, I want to find out exactly what your needs are and get a better feel for the type of agent you would “mash” well with. Whenever I refer someone, it reflects back on me, so I will work extra hard to ensure that you are being taken care of!

Also it is good to note that I attend a high number of networking events that allow me to meet agents from all over the world specifically for this reason. To be able to help any of my clients that are moving, regardless if it is in Ottawa, Halifax, or a small remote town in Asia, I can and will be able to refer an agent.

mstrpln on Twitter asked - Where’s the best (and modest) neighborhood to move to in Ottawa?

I had a chuckle with this question. I would love to spit out an answer but I do not believe that there is a perfect answer to this question. Each client is going to be looking for different features in a neighborhood and will find different pros and cons that will matter to her/his family. This is where knowing what you want (see link to previous post) is important and will help you (and me) figure out what you might find to be modest compared to the next person (or even your significant other!). While one neighborhood might be seen as cheap and rough, the next person see’s as affordable and a great entry into the market.

spiche on Twitter asked - In your opinion, if buying new, where should we focus our money when upgrading to get the most return when we sell later on?

Great question and one I get asked often by clients who are buying new from builders. I like to start the answer with asking how long you are planning on staying at that home? If you are staying for a period of time that allows you to enjoy the property then take your preferences towards how you will use the property in high regard. For example, if you enjoy cooking and will spend many evenings cooking and entertaining, then spending money in the kitchen will not only benefit you as the home owner living in the unit for the next five years, but also benefit the buyer when you sell. If you

If your answer is more in the shorter time frame or you just don’t like the question, focus on your typical renovation areas - kitchen, bathrooms, flooring, basement (finishing the basement and bathroom).

Buyers are just like you (…they ARE you!)  and are for the most part, going to be looking for the same things you are. Not every home will work with every client, but if you are going to be investing upgrades into your general areas (kitchen, bathroom, flooring, basement etc) then feel asured. Want a more specific answer to your situation? - Ask me!

Do you have a question that you would like answered? Let me help you and help others by answering your question! Email me, Twitter me, or message me on Facebook.

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.

Video Tours

Sunday, April 26th, 2009

Recently I have been getting more and more attention for the Video Tours that I have been putting together for my listings. When national real estate marketing blogs feature your work, it is a confirmation to keep doing what you are doing. I did not want to post this with the intent to “toot my own horn”, but rather remind those of you who have not had the chance to view them, the opportunity as well the explanation behind my reason for doing so.

I started doing actual video tours, because I felt that as a salesperson who sees the photos, listings, and visual tours for many properties on a daily basis - a real disconnection between the actual home and the marketing behind it. As a seller, you want your home to look the best and at the same time provide a true and real feeling for your home. As a buyer, you want to feel the flow before you step in the unit to see if it is in fact what you are looking for. On top of another feel of the property itself, the video is another avenue to attract buyers to the property being featured on more websites.

I still employ a professional real estate photographer to take the pictures of the listings, because they are experts at what they do and I could not emulate their work. Now I not only have professional photos and visual tours but also video tours which provide me a larger arsenal of marketing tools under my belt.

Check out two below and let me know what you think (make sure to watch in HQ!). Do you get a better or different feel for the property? Let me know in the comments!



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.

Home Buying Process - 10 steps!

Friday, April 24th, 2009

The Ten Home Buying Steps... :)

As a home buyer, you have three main goals: to get the right home in the right neighborhood, at the best price possible – and with the least amount of stress! When working with a buyer agent, you benefit from having your best interests represented through the whole process. I decided to do a basic breakdown of the steps that one should go through when purchasing a home. I have split this list into two parts (”the shopping” and “the sale” steps) to make it a little easier of a read.

1) The Agency Relationship
This is where we sit down before even looking and start the relationship. We will go over the Buyer Agency Agreement and we will discuss how I as an agent get paid. This is also where you will receive the buyer package which has all of the maps for the area, and tons of information that you will find useful when dealing with mortgage brokers, lawyers and building inspectors.

2) Mortgage Pre-Approval
GET PRE-APPROVED! I cannot stress this enough. Too many people start looking before they have sat down with a mortgage professional and are just wasting their own time by looking. By understanding how much you can afford, you will be able to make a much better decision and when you find that perfect property, make a much stronger offer. It takes a large chunk of stress out of it, and you don’t risk disappointment when you are not approved after finding the perfect home.

3) Buyer Profile
This is the step where we sit down and talk about homes. I will try and find out your wants, needs, must-haves, and nice-to-haves in regards to features of the home. I will ask you when you prefer to move, where you would like to be and most importantly WHY do you want to move? Since we are now under agency law, you can feel confident in explaining your motivation behind moving, which would certainly help me when we are in the offer stage. By understanding that you need to move by a certain date because your current lease expires, or your son/daughter are going to be attending school in September etc, will help me tailor searches and represent you better when negotiating with the other party.

4) Computer Search
I will then go to my secret lab and find you the perfect home. Okay, not exactly, by using the criteria that we set in the above stage I will find and narrow down the homes that are available to match what you are looking for. I will send you the matched homes so that you can look in the comfort of your own home and can look at your own pace. At the same time I will place your search criteria into an auto-notification for new listings allowing you to see them before they are available for the public. They will get sent to your email again allowing you to view them at your own time.

5) Viewing Properties
This is where we get out and see first-hand, the matches that you have narrowed down. We will spend the time and visit the homes, and get a much better feel for each home. We will further narrow down the homes until we find the one that is perfect for you. We might even do a second showing on a property with other family members or friends, to ensure that there is enough living space for them when they visit during the holiday (it comes with home ownership - cant get out of this one).

Stay tuned for “the sale” portion of the home buying process.

http://www.MattRichling.com

The Buying Opportunity of a Lifetime!

Thursday, April 23rd, 2009

This was sent over to me from another agent in Toronto, who knew that I would just love to see and post about this. If you get a chance go grab this month’s copy of Canadian Business Magazine when you are in chapters. I will include my coles note version below.

- It is a buyers market, and great market for first time buyers entering the market.
- High end sales (+1 Million) are slow.
- Real Estate is STILL and will continue to be your best investment. Compared to stocks - On March 30th 09, the S&P/TSX composite index dropped 42% from its 52 week high, while real estate dropped only 11% since last may. (keep in mind this is the average across Canada, Ottawa has only dropped 3.3% since last feb)
- 48% of Canadians under the age of 35 plan to buy a home within two years (last year that number was 36%)
- Flipping homes in this market is not going to work, we still don’t really know what is going to happen.
- Rental markets are extremely strong, which are great for income producing real estate.
- There is also a chunk of the article on commercial real estate, so message me below if you would like to hear about that.

Check out the article and let me know what you think.

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.

Voted on as an Executive of OREIO

Tuesday, April 21st, 2009

Last night, during the monthly meeting I was lucky enough to be voted on to the executive board for the Ottawa Real Estate Investors Organization (OREIO). If you are not familiar with the Ottawa Real Estate Investors Organization, it is a non-profit organization with over 300 members dedicated to providing education, networking, and support to new and experienced Canadian real estate investors in the Ottawa and surrounding areas so that they can grow their real estate portfolios.

Over the past year, I have started to see an increase in the amount of people looking to receive an additional income from their real estate portfolio. Whether purchasing a property specifically for its income or adding the income after the fact with adding in-law suites etc, it is becoming much more popular and I personally stand behind real estate as an investment.

I decided to become involved with OREIO because of the quality of the organization and the amount of real estate investment specific knowledge being taught and passed around. Actively being involved allows me to be stay up to date on real estate investing rules and laws (fire code, by-laws, landlord tenant act, etc) and to network with other Ottawa real estate investors, and be informed of their un-listed property deals.

If you are interested in learning more about real estate investing, check out OREIO’s website at http://www.OREIO.ORG or email me!

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.