• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Login / Register (403) 795-8783
  • Home
  • Sellers
    • Why hire Team ViewLethbridge?
    • Free Home Evaluation
    • Getting Ready to Sell?
      • Staging Your Home
      • Getting Ready for a Showing
    • Are you Relisting?
    • What Is Guaranteed Home Sale?
  • Buyers
    • Search Lethbridge Listings
      • Homes for Sale by Area
      • Receive Listing Updates
      • Foreclosures
      • Moving Checklist
    • Buyer’s Agent
      • Types of Buyers
    • Open Houses
    • Condos
      • Student Condos
      • Adult Condos
    • First Time Buyers
      • Stop Renting
    • Luxury Homes
    • New Home Builds
    • Relocating to Lethbridge
    • Market Reports
  • Search
    • Search All Listings
    • Search by Map
    • Featured Listings
    • New Listing Alerts
    • Market Reports
  • Resources
    • Lethbridge Resources and Info
    • FAQ
    • Areas in Lethbridge
      • Lethbridge Map
    • Property Inspectors
    • Rental Information
    • Mortgage Info & Calculators
    • Setting up Utilities
    • Local Lawyers
    • Market Reports
  • Blog
  • Contact
    • Contact Us
    • About The Team
    • Our Agents
    • Testimonials
    • Refer A Friend

Multiple Offers

April 13, 2024 by jbrodoway Leave a Comment

Multiple Offers Lethbridge
A multiple offer situation is when two or more buyers submit an Offer to Purchase on the same property, at the same time.  In a hot real estate market, multiple offers are common, and sometimes properties can sell for several thousand over the list price. 

It’s the seller who determines the process and advises their REALTOR® .   The order which the offers come in really doesn’t matter. They may or may not want to disclose the multiple offer situation to potential buyers.  If they do disclose, you have some options: 

  • increasing your offer price
  • leaving the offer as it is
  • withdrawing the offer
  • reconsidering the terms and conditions of the offer, (things like inclusion and possession date)

When there is a multiple-offer situation, you don’t get the opportunity to negotiate back and forth.  You often only have the option to give your best offer. 

Filed Under: Buyer Tips

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Team Photo

Team Viewlethbridge

Lethbridge & Southern Alberta Experts
403-795-8783
Contact Us
Listing Alerts Your Home's Value

Categories

  • Buyer Tips
  • Community Spotlight
  • Helpful Tips
  • Lethbridge Information
  • Market Updates
  • New Listing
  • Office Space for Lease/ Rent
  • Real Estate News
  • Revenue Properties
  • Seller Tips
  • Uncategorized

Footer

Team Viewlethbridge

Serving all of Southern Alberta for your Real Estate Needs
#103, 1921 Mayor Magrath Drive South Lethbridge, AB T1K 2R8, Canada

403-795-8783
Contact
  • Email
  • Facebook
  • Instagram
  • Twitter
  • YouTube

sitemap   •   ©2024 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com