MULTIPLE OFFERS AND BIDDING WARS
The thought of multiple offers and a bidding war often scare people away from getting involved and placing an offer on a home. From our experience however, this is the worst decision you can make if you've found the right home.
While the idea of a bidding war often instills the fear that you will spend more than you can afford or more than the home is worth, you should still put your best foot forward and give it a go.
There are other components of the offer, price aside, that add value such as accommodating the seller with the perfect closing date, offering a larger deposit, removing conditions or shortening the time allowed to fulfill those conditions.
At the end of the day, put your best foot forward, listen to your real estate agent's advice and give it a go! AND, as Ariel says, "If you don't try, you don't know" :)
For more tips on buying, selling and leasing realestate, subscribe to our Youtube channel and shoot us a call or text.
Ariel: (647) 464-0957
Adrian: (416) 707-8401
The Kormendy Trott Taam
Century 21 Miller Real Estate Ltd., Brokerage