What Do You Do When There’s No Bidding War?
Let me be clear. Bidding wars are not over. They still exist and and with the right strategy, could be very effective for a seller. When the market is tilted so much in the favour […]
bidding wars
YOU WANT TO BUY A HOUSE IN TORONTO? HERE’S HOW
Let me start off on a positive note: We’re not Vancouver. Not that Vancouver is not a pretty place or a desirable city in which to live, but our Toronto real estate is more affordable. […]
THE COMPETITIVE CONDO OF 2016
Remember a few years ago when almost everyone was worried that condos were in massive oversupply all over Toronto? Chicken Littles around the city were running through the street telling us the sky was falling, […]
REBEL WITHOUT A CLAUSE
2016 has been around long enough that we are starting to see certain patterns emerge this year. We see that bidding wars are back. They are certainly poised to make their their mark on the […]
Bidding War Tactic #547: The Last Minute Surprise Attack Offer
Participating in a bidding war is a strange practice. If you’re working for the seller, it can make your life a whole lot easier. Sellers sit back and have buyers and their agents present offers […]
Shortfall: Know this Term if You’re Buying A House This Spring
Planning on buying a house this Spring in Toronto? Then you have likely gone through your check list. Down payment? Check! Pre-approval from the bank? Check! An estimate of what land transfer tax you will […]
Can the Government Be Blamed for Toronto’s High Housing Prices?
By now, many real estate professionals and enthusiasts have given us their two cents about the Perth Street property that received 32 offers and went for $208,725 over asking last week. It seems that we […]
The Bidding Wars of Summer: Where You’ll Find Them
Bidding Wars. Buyers hate them. Sellers love em. They are certainly less pervasive in real estate than they were 7 years ago. In fact, some Torontonians are starting to get the impression that bidding wars have disappeared […]
First Time Buyers: They’re Back!
I’m not sure they were ever really gone, but it seems as we move further into 2013, first time buyers are coming back to the real estate market. After crabby reports on the slumping prices […]
Are Bidding Wars Back for the Spring?
Real estate is seasonal. Whether we’re in a hot market where prices are rocketing skyward, riding a parachute down as prices return to the earth or if we’re some where in between in a balanced […]
Are bidding wars over?
Are bidding wars over? The short answer: no. In fact, I’m sporting my helmet and sword, and I’m headed into a bidding war tonight to smite the competition! And it’s going to be tough fight since […]
The Truth Behind Bidding Wars
Like bees to honey, when we see the word”bidding war” in a newspaper or magazine headline, we cannot resist the sweet temptation to read on, even if the article that hooks you has little with […]