Long Time Canadian Realtor Reveals Secret to NOT Overpay for a Home in Multiple Offer Situations.
Most Home Buyers don’t know that an easy way to avoid overpaying when buying a home, is to make sure you do not get trapped into participating in a Bidding War that results in Multiple Offer situations.
So, how do you eliminate the possibility of you being involved in these Bidding Wars?
The first step is to tell your Realtor that you do not want to view any MLS Listings that have a pre-set offer date.
The Listings with this pre-set offer dates are Designed to get multiple offers by manipulating buyers to make offers and actually compete against themselves.
With Multiple offers , the buyers are trying to guess at the prices that others will be willing to pay and then they need to bid more.
The problem is, you never know what others are going to bid.
Only view homes that do not have pre-set offer dates.
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FREE RESOURCES :
1)Corona Realty Inc. – Low Commission Free Pre-Listing Package https://coronarealty.ca/Corona_Realty_Pre-Listing_Package_2022.pdf
2)Corona Realty Inc. – Net More Money Buying and Selling by Doing 3 Simple Things: https://coronarealty.ca/3_Ridiculously_Simple_Things_Uploaded_2022.pdf
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WHO AM I:
Andrew Ielasi is the Broker of Record of Corona Realty Inc., Brokerage. He is a Licensed REALTOR® in the Hamilton and Surrounding Area for more than 30 years and Principle of the Brokerage since 1992. Andrew and the Brokerage provide Low Commission Rates for his Home Seller Clients and Cash Back Rebates to his Home Buyer Clients. Previously, Corona Realty Inc., Brokerage was an Independent Member Franchise of the Prudential Real Estate Affiliates and before that, it was a Franchise of a Ontario Regional Minimum Commission Real Estate Network known as MinCom Realty Systems. Andrew has had experience working at both Local Independent Brokerages as well as Franchises associated with National and International Real Estate Franchise Organizations.
Disclaimers:
— Note: this video is not real estate, legal, financial nor accounting/tax advice and should be used for entertainment purposes only. It may contain our own independent opinions which should not be considered as advice of any kind. Consult with your own real estate, legal, financial, accountant and/or tax advisor for specific advice related to your business or personal situation and needs.