David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
Dear David, We were in multiple offers with six other buyers this week. We submitted our offer with everything the seller requested, but later were asked to re-submit because the offers were “too close to call”. It feels like we’re being treated unfairly. What’s going on? – UNHAPPY DEAR UNHAPPY: Multiple offers have long been
Dear David, We bought a house in February, then sold our existing home a week later. The purchase was made in a bidding war because we wanted to be in a specific school zone. Now we see homes sitting on the market and prices going down. We are absolutely sick about it. Did we make
DEAR DAVID: I keep a close eye on house prices in my neighbourhood and have recently noticed a trend I am curious about. One home was listed at $650,000. Three weeks later, the price jumped to $750,000. My next-door neighbour listed at $699,900 and raised the price to $799,000 after two weeks (without making any
A listing that feels overpriced may see fewer offers and represent the “less competitive” buying opportunity you’ve been waiting for.
If offers are being held on a property, a buyer may try to side-step a potential bidding war by submitting a bully offer.
Dear David, We tried to buy a home in a multiple offer situation and went in at full asking price with no conditions. The seller reviewed all offers and found that ours was the best, but then refused all offers in hopes of getting over asking price in the future. When is an offer to