Category Archives: multiple offers

CBC All In A Day: Proposed new Ontario laws would disclose prices in multiple offers

I was on Alan Neal’s CBC Radio show, All in a Day, this afternoon to discuss proposed changes that would require the disclosure of prices in multiple bidding wars. You can hear my comments in the segment here: https://www.cbc.ca/listen/shows/all-in-a-day

Posted in Media interviews, multiple offers, Realtors | Tagged , , , , , , , , | Leave a comment

How to be a buyer in this crazy hot Ottawa real estate market!

The Ottawa real estate market has exploded. We are down in inventory something like 40% from five years ago and around 20-27% year to year depending on the area. As a result, anything that is decent is getting snapped up … Continue reading

Posted in multiple offers, Realtors | Tagged , , , , , , | 2 Comments

Competing in a super hot real estate market.

Ottawa’s real estate market has taken off. We are seeing multiple offers all over the place. Multiple offers are great for a seller, but they can be frustrating for a buyer. Here are my tips on how to compete: Make … Continue reading

Posted in multiple offers, negotiations, Realtors | Tagged , , , | Leave a comment

Bully Offers – what are they? What are the rules around them?

The Toronto Star has just published a story about “bully” offers. The article indicates that listing agents whose clients accept them could end up paying hefty fines if they don’t play by the rules. So what is a bully offer and … Continue reading

Posted in multiple offers, Realtors | Tagged , , , , | Leave a comment

Multiple offers – What goes on behind the scene.

What goes on behind the scene during multiple offers is a lot like synchronized swimming. Everything appears smooth but beneath the surface, there is a lot of frenzied activity. Whenever there have been multiple showings, the listing agent has to make a list … Continue reading

Posted in multiple offers, Realtors | Tagged , | Leave a comment