In the Calgary Real Estate market many would be surprised that there would be any multiple offer situations. But for those of us dealing in the Calgary real estate market on a daily basis know that good homes with decent price tags attract buyers and in some cases multiple buyers.
Today marks a hard day for Calgary first time home buyers Berni and Andy. We found their perfect home and contacted the list agent immediately to let them know that we wanted to proceed with an offer. But of course this was a great home at a good price and we were not the only buyers to show interest and want to offer on this property. There was in fact another interested buyer who was in the process of writing their offer. After discussing the options with our first time home buyers we decided to go ahead and write what is called a competing offer. For those of you who don’t know what a competing offer is, please see blog post on Multiple and Competing Offers. We proceeded to write a very solid offer to be presented by the list agent to the seller. I drove the offer over and arrived just in time to present the offer. Berni and Andy arrived just minutes after. As we waited in the car I confirmed with the sellers agent that my clients were in the car with me and really wanted to buy this house to make it their very first home. To my surprise our offer was not the offer that was accepted. The sellers decided to go with the other offer, we wrote the best offer we could and did everything possible in light to give us the best chance to get this offer accepted but to our chagrin it was not accepted.
I have been representing Calgary first time home buyers for years and many in multiple offer situations, that is what sometimes happens when you find the very best homes at the best prices for your clients. And if sometimes the offer does not come together, you have to know that it is for a reason. Sometimes those reasons are unknown at the present time but in the future they always come together and make sense and more times than not turn out to be for the better.




Recent Comments