But sometimes buyers wait for the seller’s offer presentation date, only to find out the property has been sold before the date arrives. How does this happen? It may be that the seller has accepted a pre-emptive offer – often referred to as a “bully” offer. These are offers that expire before the date and time set by the seller for offer presentation. While submitting or accepting a bully offer is not illegal, there are risks that buyers and sellers should be aware of.
Continue reading →offer
BCFSA – What Should I Consider Before Making an Offer?
There are many considerations to make prior to making an offer. It is imperative to do your due diligence before you write and present your offer. We are here to help you get the information you need to make an informed decision. Here is a great article from BCFSA on doing your due diligence before you present your offer. Call us with any questions. We are available and happy to help! Read on to find out more…
Continue reading →How to Compete in a Competitive Market
COVID has resulted in many unexpected events, one being the real estate market. Surprisingly, many of our buyers found themselves in multiple offer situations or found their dream home on the market yet they still had something to sell. How did we help our buyers get their dream home?
Continue reading →Bidding war erupts for Vancouver heritage home during the pandemic
So many people wanted to see it they had to extend the viewings for two days. They received 14 offers, and the buzz in the real estate industry is that the house sold for $1.928 million, $340,000 above the asking price.
Continue reading →