Sentences with phrase «competing offer situations»

The buyers» licensee has a duty to disclose competing offers and any terms that are known to them, but ultimately buyers may not be made aware of competing offer situations; that decision is with the seller.

This way, the onus is on the registrant / listing brokerage to properly inform the consumer if they are actually in a competing offer situation, as required under Section 26 of the Code of Ethics in REBA 2002.

The buyer makes the final decisions related to their offer, including the important decision of whether or not they want to participate in a competing offer situation.

Even in a competing offer situation, buyers have other options and may choose not to continue to participate.

Both sellers and buyers need to consider how to respond when presented with a competing offer situation.

In a competing offer situation, buyers may be tempted to offer more for the property than they planned to and / or remove conditions from offers that are intended to protect them.

A competing offer situation, when a seller receives more than one written offer on a property, creates unique circumstances for consumers and it is important for both buyers and sellers to understand how they can handle these situation.

If the seller does disclose that the buyer is in a competing offer situation, the buyer's licensee should:

NSAR members take note: in a competing offer situation, the MLS Rules and Regulations require the listing brokerage to disclose any remuneration reduction to all brokerages with competing offers.

In most cases, sellers do this to obtain more exposure for their home before offers are made, and often they hope that it will lead to a competing offer situation.

In Ontario, there are specific rules for how the process is handled in a competing offer situation.

Once the buyer is made aware that they are in a competing offer situation, they may want to reconsider a term or condition in effort to compel the seller.

I've personally had a situation where a client was able to purchase a home $ 10,000 lower after a competing offer situation resulted in the first buyer breaching contract.

Explain that competing offers may be made — realize that in a competing offer situation only one offer will result in a sale and one or more buyers may be disappointed.

Not exact matches

Full - size trucks are used in such a wide range of situations — from construction fleets to long - distance driving — and the two different interiors offered in the Silverado and the nearly identical GMC Sierra help satisfy shoppers better than most other competing models.

More information about the 2013 Chevrolet Silverado 1500: Full - size trucks are used in such a wide range of situations - from construction fleets to long - distance driving - and the two different interiors offered in the Silverado help satisfy shoppers better than most other competing models.

More information about the 2013 GMC Sierra 1500: Full - size trucks are used in such a wide range of situations - from construction fleets to long - distance driving - and the broad range of interiors and hauling / towing options offered in the GMC Sierra and help satisfy shoppers better than most other competing models.

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.

There are a large number of banks offering CDs and many compete to have the best CD rates so shop around using the money-rates.com tool to get the right CD for your financial situation and goals.

A typical example of this would be a foreclosure, short sale or situation where a faster closing time would beat out competing offers.

However, if you could bring yourself back to the topic of a client seller being entitled to: direct their real estate practitioner to disclose all the details (substance) of competing offers to all of those who would be in a competing situation, we would be back on track.

If a buyer or registrant suspects that there were no competing offers — or in other words, the listing agent was not truthful — the buyer or registrant could register a complaint with the Real Estate Council of Ontario (RECO), which could request to see those supposedly competing offers, offering protection from the dreaded «phantom offer» situation.

We're training our agents to compete in multiple - offer situations and how to win when they're one of 25 offers.

Even in a competitive situation with 12 other competing offers a skilled Buyers Agent can get their offer excepted for $ 1000's less than other offers currently available to be selected in that competitive situation.

For my first deal, I found myself writing in a competing situation (two other offers).

KFT67 - 1 Get an inside look at how a top producer negotiates his buyer's offer when competing in a multiple offer situation.

If you are receiving competing offers, you need to consider how you want to deal with the situation.

Situations where there are short deadlines or competing offers may add stress to the matter, but it is crucial that the licensee continues to cross their t's and dot their i's.

Orlando real estate broker Frederik Eriksson suggested buyers consider new construction or fixer uppers to avoid competing in multiple - offer situations.