04 Mar 2014

Offer dates are merely a suggestion

If you’re a Buyer in the Toronto Real Estate market, especially in Leslieville, Riverdale, Roncesvalles, Junction, and many other Toronto neighbourhoods I’m sure you’re familiar with this phrase:

Offers will be accepted on XXX Date at XXX Time. Please bend over and take it as we’re hoping to get as much for this house as possible.

Want to know how some of our clients have bought this year? By completely ignoring the ‘instructions’ of the Seller and their agent and sending in a Bully Offer the moment you decide you’ve found the right home for you. Their offer date is merely a suggestion and any signed offer MUST be presented to the Seller. It’s the law.

Soooo, what I’m trying to say is that the rules have changed in this market. You need a Sales Rep or Broker who’s aggressive enough to get you the keys to your dream home. That’s what we do. Also, don’t confuse any of this with the notion that we just throw money at a Seller willy nilly. Every price we come up with has been thoroughly researched and ensured to be in line with market value and current market conditions.

Make sure you read my thoughts on paying over asking in this post. It’s really not a big deal. Paying over market, well that’s a different story.

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