By: Dan Balm

What is a multiple offer?

Tags: BUYING, DAN BALM, MULTIPLE OFFERS, REAL ESTATE, TORONTO

So you are at work and you walk into a conversation your coworkers are having about a Toronto “bidding war” (otherwise known as a “multiple offer”: one property, more than one buyer). So many questions – is it an auction?  Are there rules?  Can you just ask the seller what they want and give it to them?  Is it worth it?  Should we buy in Waterloo?...Read More