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Multiple Offers

Posted by Laurel on June 21, 2021
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Real Estate: Multiple Offers

What I can do for my clients

&

What my clients can do too.

It is NOT always all about price!

Here are a few things we can do together to win in a multiple offers.

Low Interest Rates + Low Inventory Levels = Sellers Market & Multiple Offers on Properties

  1. Know The Market
  2. Have your Financing reviewed and have a pre-Approval ready
  3. Put your Highest and best offer forward on offer night
  4. Deposit – Higher the better as it shows the seller your honest intention to complete the transaction
  5. Ensure your deposit is easily accessible once the offer is accepted
  6. The fewer terms & conditions the better in this situation as a strategy
  7. Work with the Seller’s preferred closing date
  8. Don’t ask for extras like furniture. You can always ask once an offer is accepted.
  9. Add in a personal touch
  10. Keep communication clear, professional and timely.

 

As always, if you are looking for more please do just ask.

Laurel

 

 

 

 

 

 

Read more from the Real Estate Council of Ontario

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