What Sellers Should Expect on Offer Night? A Toronto Real Estate Coaching Session! Episode 17

In this detailed video podcast, Fox Marin Brokers Ralph, Ian and Kori break down the critical stages of the offer night (or afternoon) process when selling your Toronto home or condo! Think of this video as your personal real-estate coaching session before Offers are accepted on your home! This step-by-step guide breaks down everything from the importance of Offer Instructions to understanding the significance of Form 801 for Sellers, buyers, and agents. Discover the intricacies of the offer registration time, offer package deadline, and what this package should include. We explore topics like punctuality of paperwork submission, offering a presentation to Sellers, and the subsequent steps, including negotiating price, closing date, conditions, and dealing with personal letters. Learn about the Seller's options at this stage, including accepting, rejecting, or asking for improvement in offers, and the reasons behind these decisions. We also clarify the ethical boundaries of information sharing about other offers, coaching agents, and the dynamics of multiple offer rounds. This video helps you understand when a buyer has reached their peak price, what happens when a Seller is satisfied with an offer, and the procedure for communicating with other agents. We guide you through finalizing the deal, securing the deposit cheque, and what steps to take if none of the offers meet the Seller's expectations. We also touch on the emotional aspect of this process, the reactions of other agents who didn't win, and the best ways to handle these situations. Finally, we share some practical advice for Sellers and recount a few stories from our experiences. Watch now to gain invaluable insights and confidence for your property-selling journey. Contact Us (We’re Nice). ◽ foxmarin.ca ◽ 416-567-0460 ◽ @_foxmarin 💌 [email protected]