Flowers Team Real Estate's video: POV Buyer Selle Milton Ontario Canada

Accepting an offer with the sale to the Buyers property condition can be dangerous in the wrong situation. Showings will drop off, activity in general will reduce Before accepting a conditional offer with an SBP clause these are the top 5 things that you will want to consider: 1. market activity. How many showings have you had? what is the general state of your market? 2. What is the property that the buyer has to sell? The back up. Is it priced more or less than yours? How quickly is that market moving? Is it a townhouse that sells relatively quickly? Is it 1 million or $2 million property that takes longer to sell Traditionally. 3. How long will it take for the buyer to list their property? Is it ready to go? Completely D cluttered? freshly painted and staged and ready to hit the market tomorrow? Or do they still have 35 years of stuff that they need to sort through before they can put their house on the market a week two weeks or three weeks from now? 4. What price will they be pricing the back up property at? Are they going to price it competitively to us to attract the most amount of buyers? Are they going to overprice the property to just sit on the market and hold you up from being able to secure an amazing offer on your property. 5. who is the agent that they have decided to have represent their house? Do they have an excellent track record? Do they know the market they'll be selling in? Do you have the confidence in that agent to be able to sell this back up property. Al of these factors are vital in determine if accepting a spp condition is right for your situation