Todays Real Estate Market in ONTARIO is a Hyper aggressive seller's market. With high demand and VERY low inventory, buying a house is very very hard. Here are 4 tips that will help you and give you an edge with your offers.
1. Find a way to remove all your conditions, mainly financing and home inspection. The video explains tips on how you can do this. In a seller's market, clean offers is king!
2. Look at last weeks sold comparables and add 25k to have a winning bid. Looking at sales from 2-3 months ago is too late. You have to look at the most recent sale and go over that price. If you won't your competition will. If you do not want to, then try with your best offer regardless. This is just a formula for winning.
3. If the listing says "Sellers will entertain preemptive offers" Call the listing agent and see what they want.
4. Get Personable: Tell the Sellers and their agent everything
that is great about you as the buyer, send them a picture, and/or write the sellers a letter. Most sellers will like this approach and at least root for you. This increases your odds of winning. If you want any advice how to win an offer, get in touch with us! Good luck out there!
cloud Realty Brokerage
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