Tag Archives: multiple offers

How does an agent deal with other agents during multiple offers?

Because I’ve done quite a few sales involving multiple offers, I had a colleague ask me today for advice stickhandling a new listing where she’s expecting to get them. Here are my tips: Most important,  be sure to keep everyone … Continue reading

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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

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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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