How much is too much? Managing multiple offers…
With so much talk about bidding wars lately, it brought to mind thoughts of some of my past clients. Clients who have lost out on more than one multiple offer scenario; being left frustrated and burned by the nuances of Toronto’s real estate market along with the idea of having lost their ‘dream home’. I’ve got lots of great stories about bidding wars where sellers have profited HUGE and where buyers have acquired amazing homes in the most heated multiple offer situations, but sometimes you just can’t win them all. Here are some tips to help you prepare yourself for what the dreaded bidding war entails: STEP 1- figure out the property's value and what you can afford! Always