David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
Dear David, It seems like every day brings more bad news about interest rates and real estate in general. As someone who is trying to buy a house, this leaves me with two questions: (i) why am I facing multiple offers if the market is so bad, and (ii) if my agent knows I’m competing,
Dear David, I sold an income property in Waterloo last year. It received multiple offers and sold to a buyer who chose not to get an inspection report (the agreement was unconditional). In the six months since closing, the buyer has had to pay for a new furnace, fix the wood-burning fireplace as required by
Dear David, Two of my friends bought homes this spring. They had to purchase without conditions and found it to be nerve-wracking. I’ve heard that the real estate market is different now, and that conditional offers are being accepted. Is this true? – PLAYING IT SAFE DEAR PLAYING: Over the course of the last five
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: I’m interviewing a few real estate agents. Some of them sound very busy. How do I know they’ll have enough time to take care of me? – CONCERNED DEAR CONCERNED: For many Realtors, day to day operations can be a bit of a juggling act. Every one of the 101,000 licensed Realtors in
Buyer demand has been outpacing supply for years, and a normal drop in listings over the winter only amplified the problem.