It was Reylene's knowledge and consultation that helped us make a mutually beneficial offer that was attractive enough that our ¿ s was the accepted
offer in a multiple offer situation.
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).
I don't think there is any less competition (prices are just lower but they usually need a fairly major amount of work) for a fixer upper as I have lost out on 2 properties
in multiple offer situations in the past month so evidently there's a lot of competition at the high and at the low prices - LOL
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.
It is obvious of course that a would be
buyer in a multiple offer situation, of their own accord could hire «The real estate advocate» to advise prior to presentation of his offer, during or after.
We have had instances in our trading area where two or three inspections will be going on at the same time on behalf of
bidders in a multiple offer situation, who want to make a firm offer, but want the comfort of their own inspection report before competing at the offer table.
Additionally, comparables that are several months old do not match recent market values, hampering mortgage - financed buyers from placing winning
bids in multiple offer situations and instead giving properties to more frugal cash - only purchasers.
In multiple offer situations in winter weather we would sit, jointly waiting sometimes for hours in the seller's basement rec rooms, seeing Johnny Carson sign off, waiting to hear if our offer was accepted.
Limited inventory levels in Vancouver, Calgary, and Toronto are placing serious upward pressure on prices in ««blue chip neighbourhoods,» with many properties now
selling in multiple offer situations, says Re / Max.
If you find
yourself in a multiple offer situation, at best it is frustrating and many times all reason goes out the window.
As the local real estate market in Massachusetts heats up, it not unusual for home buyers to be
in a Multiple Offer situation.
The new rules, which have been established by the Liberal government and the Real Estate Council of Ontario (RECO), are designed to eliminate the possibility of phantom bids
in multiple offer situations.
Less competition from other buyers means you likely won't end up
in a multiple offer situation, or worse yet, a bidding war, which tends to drive up the house price.
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.
The first - time homebuyer is getting squeezed out
in multiple offer situations and remains paying rising rent prices.
Sellers,
in multiple offer situations, are not prohibited from «shopping» offers.
Last week I was
in another multiple offer situation that I did present in person.
Two weeks ago I was in a situation where I was
in a multiple offer situation (only two but nonetheless in a competitive position).
I do not believe that
in ANY multiple offers situation, that the buyer should be putting his best offer on the table.
Sellers are afraid to put their home on the market, because it will sell instantly, and they are faced with trying to win
in a multiple offer situation to get their next home.»
Many of our buyers have to compete when purchasing a home, and it's not uncommon for buyers to end up
in multiple offer situations.
I recommend educating the appraiser: Were
you in a multiple offer situation that drove up the price?