Over the course of my career I've dealt with hundreds of multiple
offers situations for properties I had listed.
I have had multiple
offer situations where my own buyer's offer won out when offering only five hundred dollars above the listing price.
In most circumstances a seller is going to walk away with more than if the multiple
offer situation did not exist.
Looking at the multiple
offer situation from a buyer's agents point of view should be to find out exactly what the seller is expecting for terms and conditions.
Any agent can write an offer, but very few agents have a proven track record of successfully winning
competitive offer situations time and again.
It
basically offers a situation that involves a decision about whether to pursue or avoid something that could have both positive and negative aspects to it.
Your clients will reap the rewards when those multiple -
offer situations come down to a matter of a few dollars.
If it is ever anything other than trying to convey a sense of urgency in a potential multiple
offer situation then it might be time to find a new real estate representative.
In a
competing offer situation I want the permission to speak to the mortgage officer to find out how far they have gone with the file.
Very pleased in a recent [multi] offer situation the Listing Agent asked for A Letter of commitment from the lender indicating a lending limit.
The villa with four separate
bedrooms offers a situation perfect for four couples with two spacious, separate terraces and a brand new beautiful gazebo.
Richard Silver, a Toronto - based REALTOR ® and past president of the Toronto Real Estate Board, has been involved in many multiple -
offer situations during his 30 - year career (on the buyer's and seller's side of the transaction).
Abridging the natural beauty of Bali - the island of paradise
wand offering situation like community residence in the form of resort.
Never mind, I often had an offer accepted in a multiple
offer situation due to how I «appeared» to be more professional, perhaps only because of how I «presented,» in appearance, not because I was smarter necessarily.
The liability of inadvertently disclosing client confidentialities Inherent risks found in multiple
offer situations How to present a variety of options...
In Vancouver, the luxury home market is firmly in the sellers» favour as frenetic activity and multiple
offer situations continue to characterize the market.
Multiple
offer situations mean executors have done their job to see what the market will yield for the property, meeting their fiduciary responsibilities.
I often wonder what happens at closing time in those multiple
offer situations downtown where there are NO contingencies of any kind.
What that creates, of course, is multi ‑
offer situations on homes, and when only one person out of four offers gets to buy the home, there are three disappointed buyers.
Orange County, Calif., San Francisco, San Diego, and Los Angeles are the most competitive housing markets in the country, attracting a high number of multiple
offer situations for homes, according to the recent «Bidding War Report» compiled by the brokerage Redfin.
In
competing offer situations, it can be tempting not to include a clause in an offer that makes it conditional on a home inspection.
Very pleased in a recent [multi] offer situation the Listing Agent asked for A Letter of commitment from the lender indicating a lending limit.
This luxury villa rental with four separate
bedrooms offers a situation... One of the most spacious and comfortable houses in St. Barths!
Realize that in multiple
offer situations only one offer will result in a sale and one (or more) potential purchasers will be disappointed that their offer was not accepted.
Much of the frustration that occurs in multiple
offer situations results from cooperating brokers being unaware of the status of offers they have procured.
We had a multiple
counter offer situation and my client submitted a strong offer over asking by $ 30K with no inspection contingency.
Inventory is so low that I've resorted to yellow letters, and I've been in many multiple
offer situations where I was outbid despite bidding 10k + above list price.
I believe this position misses the mark completely on the real issue buyers have with the current process, which I firmly believe is rooted in a lack of transparency (specifically in multiple
offer situations).
If you are worried about an inspection condition hurting your chances of competing in a multiple -
offer situation, you can always ask to have an inspection done before the offer date.
Phrases with «offer situation»