Clint Willies Calgary, Airdrie and Surrounding Areas

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Imagine finding a home you love, making an offer, and then finding out there are other competing offers on the table. Ouch.

 

If you’re looking for a property in a competitive market, it is likely that there will be multiple offers. Even just one can create the risk that you’ll lose the home. So how do you make sure your offer is enticing enough to win over the buyer? Here are some ideas:

 

• Don’t make a low-ball offer. If you do, it might be dismissed and you probably won’t get another chance to bid — especially if the other competing offers are near the listing price.

 

• Have a pre-arranged mortgage and include that with your offer. This reassures the buyer there won’t be any money issues. (Most lenders will provide you with a pre-arranged mortgage certificate for this purpose.)

 

• Go in with a price high enough that the buyer will be interested, but not so high as to be leaving money on the table. This is tricky and requires a savvy knowledge of the current market.

 

• Have a REALTOR® present the offer on your behalf. A REALTOR® will know how to do so professionally, and in a manner that gives you the best chance of getting the home.

 

In a competitive situation, working with a REALTOR® who is an expert on the local market — and a skilled negotiator — is crucial.

 

Looking for a REALTOR® like that? Call today.

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.