Before listing a condo for sale in London, Ontario, contact your condo corporation first — before the price, before choosing a realtor, before anything else hits the MLS®. In nearly every condo sale, the buyer's lawyer has 7 to 10 days to review the status certificate, which reveals unpaid fees, special assessments, or unauthorized changes to the unit. Issues discovered after an offer is accepted create rushed, stressful negotiations. Issues identified before listing can be resolved or disclosed calmly, on your terms. Ty Lacroix, Broker at The Envelope Real Estate Group, walks every condo seller through this step first — because it's the one most sellers don't think to take.
When you're considering selling a condo in London, Ontario, there's a step worth taking before you settle on a price or choose your representative: contact your condo corporation before the listing goes live.
Here's why this matters more than most sellers realize.
In nearly every condo transaction, once you and the buyer agree on a price, the agreement will include a condition giving the buyer's lawyer 7 to 10 days to review the status certificate provided by the condo management company. What is a status certificate?
The buyer's lawyer is reviewing the condo corporation's financial health — checking for unpaid condo fees or special assessments tied to your unit — and looking for infractions: a missing screen, an unauthorized deck, a satellite dish that was never approved, or any other change made without the corporation's sign-off.
Why This Catches Sellers Off Guard
You'd be surprised how often a lawyer's review during this window uncovers something the seller genuinely didn't know about — and how rushed the resulting conversation becomes when it surfaces mid-negotiation, with a closing date already on the calendar and a buyer waiting for answers.
What that means for you: an issue discovered after an accepted offer has to be resolved under time pressure, often with the buyer's confidence already shaken. The same issue discovered before you list can be addressed calmly, disclosed properly, or factored into your pricing — entirely on your own timeline.
Be Proactive
Take the time, before your condo goes to market, to identify anything that could affect the sale — whether your unit is an apartment, a townhouse, or any other condo property in London, Ontario. A quick conversation with your condo corporation now can prevent a stressful scramble later.
I walk every condo seller through this step before we list, and I have a process in place specifically to catch these issues early, rather than letting them surface as a surprise during the lawyer's review window.
If you're getting ready to sell a condo in London and want to make sure nothing catches you off guard mid-transaction, that's exactly the conversation to have first.
Find out what your condo would sell for in today's market — and let's make sure nothing surprises you along the way. Reach out for a private conversation — no pressure, no pitch.
