Negotiating Multiple Offers
Posted by Ken Richter on
Calgary is in the midst of an incredibly hot real estate market right now! We are currently in a sellers market, and things are getting competitive out there. Many home sellers are navigating multiple offers on their homes within the first few days of their property being listed. While things are beginning to cool off as more inventory enters the market, here are some things to consider for those you selling who are faced with multiple offers to choose from:
If you are 100% flexible, take the highest bid. However, since most sellers don't have that luxury, we don't recommend biting at the highest offer. Carefully consider any contingencies. What is your potential buyer expecting from the property? Some may include in their offer wanting items you…
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