5 Best Auction Houses in Ottawa
Getting or selling a house through an auction is a nice way to skip the long process. But sometimes, finding the best real estate deals does not come easy for many.
While some seek help from real estate agents, others rely on what they find on the Internet. Through this article, we hope that you find the best auction house in Ottawa and get the next property deal with less hassle.
Before we move on to the list, let’s first take a look at the average prices of homes in the area.
How much do houses cost in auctions in Ottawa?
Based on statistics, the average price of a house in Ottawa has increased by 7.7% and was at $731,306 in May 2022. While freehold houses had a median price of $855,700, condominiums were priced at $479,933.
To give you a better idea of how much you might spend on a home you’d like to invest in, below is a table showing prices based on the type of property:
The Best Auction Houses in Ottawa
To help us with our selection process, the following criteria were used:
1. Unreserved
| Criteria | Ratings |
| Experience | ★★★★★ (5/5) |
| Ease of Process | ★★★★★ (5/5) |
| Responsiveness | ★★★★★ (5/5) |
| Customer Feedback | ★★★★✩ (4/5) |
Unreserved, an online platform for buying and selling homes, takes pride in its real-time transparent process. One of the first attractive things we noticed is that it includes home inspections with a full warranty on every house sold.
We like that the company provides flexibility by allowing customers to buy directly or be represented by an agent. Its 2% cash back for direct buyers and removal of 4-5% commissions on the part of sellers also caught our attention.
For buyers, each listing comes with comprehensive details so everything you need to know about the property is set on one page. It even shows the real-time status of each listing, along with the running price and the total number of bids.
The best part is that getting yourself ready to bid is easy. All you need to do is register, prepare a proof of funds, and bid with full transparency.
If you’re a seller, the firm offers a free home appraisal and provides pre-auction marketing. We also like that it uses drones to prepare marketing materials and has an in-house painting crew for minor repairs.
Although its limited bid extensions and required 2.5% deposit do not sit well with us, we still think that Unreserved is a service to consider for auction needs.
Pros
- Full transparency in processes
- Real-time bidding
- 2% cash back on direct purchases
- 1% seller fee with optional agent incentive
- Has an in-house painting crew
- Free home appraisal
Cons
- Limited bidding extension
- Closed on Sundays
Customer Reviews
Selling our homes is an enjoyable experience
“Thanks to the team for the great job! Unreserved made selling our homes an enjoyable experience. Seeing the bids in real-time gave us the confidence we were going to receive the right price for our properties. Unreserved is the Great environment, professional and nice team. They care about their clients. I recommend Unreserved to anyone looking to do any Real Estate transaction.” — David Kim, Google Reviews
The best process for the sellers and buyers
“Our sale through unreserved was excellent!! The very cohesive team worked with us and did a great job to stage and market our home. The bidding process is fair, transparent, and provides the best process for both the sellers and buyers! I will be using them again in the future for sure. And, I would recommend them absolutely! Thanks Team!!” — Sue Clark, Google Reviews
2. Equity One Real Estate Inc.
| Criteria | Ratings |
| Experience | ★★★★★ (5/5) |
| Ease of Process | ★★★★★ (5/5) |
| Responsiveness | ★★★★★ (5/5) |
| Customer Feedback | ★★★★★ (5/5) |
Equity One Real Estate Inc. has been in the business since 2008 and has had over 750 transactions since. With knowledge and experience, it is a good place to buy and sell real estate properties.
We like the company because its selling process starts with a no-obligation consultation, which can be done in-home or virtually.
Aside from providing professional photography with 3D virtual tours, each listing is given a designated website and marketed to over 30 real estate platforms.
Another thing we like about its selling process is that it will negotiate matters on your behalf and take care of all the paperwork. This is on top of paying as little as 1% listing commission when your home gets successfully sold.
We like that Equity One Real Estate Inc. buyers are provided with the latest listings and assistance for financing pre-approvals. They are also given 25% of the commission when the company acts as your representative.
The only downside of this rebate program is that its coverage is limited to specific types of real estate transactions and does not apply to all.
The company also offers a free home evaluation, which can be availed of through a simple online booking. It is also nice that it offers relocation services, should you need one.
Pros
- 3D virtual tour for listings
- Listings on over 30 major websites
- 1% listing commission
- 25% commission cashback program
- Single property website for listings
- Free home evaluation
- Relocation services
- Can be reached 24/7
Cons
- Cash-back program’s limited coverage
- No live chat assistance
Customer Reviews
Delivered their promises
“We would like to thank Joanne and Trevor with the selling of a third property. They were very helpful, patient, and delivered on their promises. The 3D video was awesome, images were very impressive. They kept us up to date with all communications from seller to buyer. We would, no doubt, recommend Joanne and Trevor to friends and family, well worth it,especially with a commission rate of 1%. Once again, thank you for your professionalism. It is and was greatly appreciated.” — Louise Cote, Google Reviews
Can’t thank them enough
“Joanne and Trevor were amazing realtors for the sale of our home. They responded promptly to all of our questions and concerns and were very supportive throughout the process. They were kind, caring, and reassuring. Their knowledge and expertise help us navigate the entire process from start to end. Our home sold in less than a week and for well over asking price. We can’t thank them enough for the for all their help. Definitely recommend their real estate services and will be referring them to all our friends and family!!! 🙂 Kelly and Andrew Johnston” — Robert Johnston, Google Reviews
3. The Tulip Team
| Criteria | Ratings |
| Experience | ★★★★★ (5/5) |
| Ease of Process | ★★★★★ (5/5) |
| Responsiveness | ★★★★★ (5/5) |
| Customer Feedback | ★★★★★ (5/5) |
The Tulip Team has been in the real estate industry since 1985. It is a proud member of the Ottawa Board of Trade and has received a 5-star rating from RankMyAgent in 2021.
One of the things we like about The Tulip Team is that it offers virtual home buying services. These range from virtual consultation, digital tours, and remote visits to remote inspections and contactless key delivery.
Another good thing we like about the company is that each listing is complete with comprehensive descriptions. Each is packed with photos and a video clip to help potential buyers get better insights into the property.
Searching for homes for sales is also made easier through its well-organized listings. The firm can even provide new listing updates where you get the latest entries in your inbox every morning.
The provider also has relocating services and provides a mortgage payment calculator to estimate costs. The issue, however, is it cannot guarantee results and will still require the help of a professional financial advisor.
Likewise, The Tulip Team also offers virtual selling services, which include virtual consultation and touchless showings. The team will also help you prepare your home for selling through a free consultation.
Pros
- Virtual services for buyers and sellers
- Listings with complete details and videos
- Free consultations
- Offers relocating services
- Mortgage calculator
- Open 24 hours
Cons
- Inaccurate mortgage calculator
- Absence of live chat assistance
Customer Reviews
Very satisfied with the service
“We were very satisfied with the service we were provided by the Tulip Team during our recent condo sale. We received great advice from our sales rep Alex Wickham throughout the entire process. We fully appreciated the detailed explanation of the sales process and the engagement of the entire team as we moved forward. We also appreciated the continuous communication from beginning to end which kept us fully aware of what was going on at all times. We definitely recommend the Tulip Team for any real estate requirements.” — Rock Wiegand, Google Reviews
Attention to detail and professional service
“Our family has been working with the Tulip Team for over 30 years and we are always so impressed with their attention to detail and professional service. Sylvie, Keith and Audrey are extremely efficient from initial meeting, to list and sell. I was able to complete the entire process from start to sell in about a week. Would highly recommend them to anyone looking to buy or sell in the Ottawa area.” — Valerie Miles, Google Reviews
4. Walker Real Estate Group
| Criteria | Ratings |
| Experience | ★★★★★ (5/5) |
| Ease of Process | ★★★★★ (5/5) |
| Responsiveness | ★★★★★ (5/5) |
| Customer Feedback | ★★★★★ (5/5) |
If you’re looking for a good place to buy or sell your home, the Walker Real Estate Group is a company to consider. With more than 21 years of experience, its pool of professionals can help you find deals that work best for you.
It has listings that cover various types of real estate, from homes and lots for sale to commercial properties that are for lease. Although entries for rent do not come by easily, you can opt to subscribe and be notified immediately once new listings are available.
One thing we like about the Walker Real Estate Group is that its listings are complete with details for potential buyers to see. We also like that the firm helps buyers negotiate and make things as stress-free as possible.
For sellers, the company provides a free evaluation of the property they intend to sell. Its qualified members will educate you and help you find the best time to post your listings to achieve optimal results.
We also like its multi-layer marketing approach, which helps increase online presence and visibility to prospect buyers. The only problem here, though, is that there isn’t much information provided that further explains these approaches.
Through Walker Real Estate Group, you will gain easier access to Minto apartments. It is also worth mentioning that the company raises funds for front liners.
Pros
- Various listings of properties
- Multi-layer marketing approach
- Free evaluation
- Map of active listings
- With active chat assistance
- Actively supports frontliners
Cons
- Unexplained buying and selling processes
- No BBB accreditation
Customer Reviews
Working tirelessly to serve clients
“Geoff and his team made selling our home seamless! His knowledge of the market, and stellar negotiation skills got us the offer we wanted and more! With Walker Real Estate Group, they eased my anxiety. My recommendations – trust the process. Let Geoff do his best work, and know he and his team are working tirelessly to serve their clients in the best possible way” — Tara Duarte, Google Reviews
Professional and knowledgeable
“The information I was provided by the Walker Real Estate Group, Hanna and Geoff, was both informative and helpful. I needed to know exactly what they could do for me. They were both upfront and extremely accurate in their forecast. They did exactly what they said they would do and guided me to success. Absolutely professional and extremely knowledgeable. It was a pleasure working with you and your team! Thank you Hanna, for always going the extra mile, you really made this experience a great one!!” — Trevor Walker, Google Reviews
5. My Ottawa Agent Commercial Realty
| Criteria | Ratings |
| Experience | ★★★★★ (5/5) |
| Ease of Process | ★★★★★ (5/5) |
| Responsiveness | ★★★★★ (5/5) |
| Customer Feedback | ★★★★★ (5/5) |
With 15 years of experience in the business, My Ottawa Agent is one nice provider to go to when buying or selling real estate. Its team of professionals can help you find the strategies you need.
One of the things we like about the company is that its listings and services are not only limited to residential properties. It also has retail, industrial, and office real estate leasing services you can avail of.
If you’re planning to buy or sell land properties, My Ottawa Agent is also a nice place to consider for such transactions. The only downside we found is that there are not so many details that explain the processes involved in all of the offered services.
We also like that all services begin with a comprehensive analysis of the property or business. Also worth noting are the company’s large resources and established relationships, which are used to boost marketing efforts.
Another thing that we appreciate is that it provides detailed financial reports for people selling properties. Likewise, a market landscape report is given to individuals having their properties leased.
The firm also offers a free property valuation and a sample investment report, which gives an insight into how it helps you get the highest value for your property.
Pros
- Various real estate listings
- Listings for leasing services
- Broad marketing strategies
- Financial and market landscape reports
- Offers free property valuation
- Sample investment report
- Active chat support
Cons
- Limited details on services
- Shorter working hours on weekends
Customer Reviews
Couldn’t be happier with the outcome
“Last year we sold two commercial condominium units, purchased a mixed use property and bought our personal “forever home”. I can say without hyperbole that without Mitch’s guidance and creativity, none if it would have happened. His understanding of the commercial market was critical to ensuring we didn’t make missteps throughout this journey. We couldn’t be happier with the outcome. We would recommend anyone interested in commercial properties to first call Mitch.” — Chris Perram, Google Reviews
Super helpful at all times
“Mitch was instrumental for us finding our first home. I think we saw around 40 houses with him before finalising on one. Throughout the process, we couldn’t have asked for a more professional and honest real estate agent. He was always responsive and patiently answered our multiple queries about the process. He was not pushy but provided accurate input whenever we asked for it. We trusted his judgement and he was super helpful at all times. We would highly recommend his services to navigate through the complicated real estate market in Canada, especially for newcomers and first time home buyers.” — Khushnaz K, Google Reviews
FAQs about Auction Houses in Ottawa
With the list we provided, we hope that you get the best deals for the properties you are buying or selling!
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