Why are multiple offers so effective?

This week, we successfully sold another home in Mississauga.  I’m happy to say we got 65 showings, 8 offers and almost +$200,000 over the listing price.

The reason is because we use a blind-bidding system. This means that potential buyers have NO IDEA what other buyers have offered.

The spread can be incredible. Differences are routinely $100,000 to $200,000 between the low and high offers.  I’ve had differences as much as $300k!

But make no mistake, this only works when you can effectively execute on the 3 elements that I talked about last week:

1) Professionally prepare the house

2) Market the house well

3) Negotiate, negotiate, negotiate

Just make sure you aren’t leaving money on the table. 

Is now the right time to sell?

Contact me and let’s have a chat.

Call (416) 276-4895!


Are you looking for the hardest
working agent in the GTA?

I am always available!
I look forward to working with you now or in the future…

LAWRENCE MAK
Real Estate Broker
EXP Realty, Brokerage
(416) 276-4895
Homes@LawrenceMak.com


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