Tag Archives: multiple offers

More happy clients!

Always nice to get a testimonial from happy clients and I have to say I really enjoyed working with this couple! Here’s what they had to say: Thank you very much Peggy, it was a real pleasure working with you!  … Continue reading

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What is an escalation clause?

An escalation clause is a clause put into an offer to buy a property by the buyer that says the buyer will pay “X” more than the best offer received by the seller. It usually contains a cap. Are they … Continue reading

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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

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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

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What your agent does in a multiple offer situation

A lot of people wonder what we do to earn our commissions in a multiple offer situation; after all, the property has sold quickly, often without even an Open House. Here’s a brief summary of what goes on the day … Continue reading

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Reducing a Listing Price

If a property has been on the market for longer than average, or if the vendors want to sell it more quickly, sometimes they’ll try reducing the price. That’s not the only option, of course: staging can help sell a … Continue reading

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