EPISODE · Sep 5, 2021 · 47 MIN
Podcast 1: Buyers & Multiple Offers
from David and David on Real Estate · host David and David on Real Estate
Market Update: - Analysis of the current real estate market (David Gorski) Month over month analysis, avg. price, avg. days on the market, absorption rates (April 2021) Body: Buyers & Multiple Offers - What buyers are experiencing - 5 tips that buyers can do to prepare before starting their house hunt - 3 reasons why we are seeing multiple offers: - Low interest rates - Lack of inventory (historically always wrong time to sell, covid 19, tough to buy) - High demand (Canada has been rated as a top destination to live in the world, stable economy, immigration policy) - Legal pitfalls of not including home inspection conditions - Legal pitfalls of not including financing conditions - What happens when there is a firm offer and the house does not appraise before closing - Highest offer doesn’t always win ……. (stories from our perspective)
What this episode covers
Market Update: - Analysis of the current real estate market (David Gorski) Month over month analysis, avg. price, avg. days on the market, absorption rates (April 2021) Body: Buyers & Multiple Offers - What buyers are experiencing - 5 tips that buyers can do to prepare before starting their house hunt - 3 reasons why we are seeing multiple offers: - Low interest rates - Lack of inventory (historically always wrong time to sell, covid 19, tough to buy) - High demand (Canada has been rated as a top destination to live in the world, stable economy, immigration policy) - Legal pitfalls of not including home inspection conditions - Legal pitfalls of not including financing conditions - What happens when there is a firm offer and the house does not appraise before closing - Highest offer doesn’t always win ……. (stories from our perspective)
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Podcast 1: Buyers & Multiple Offers
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