While most people list their homes on MLS there may be situations where an exclusive listing agreement is a better choice. Either way, it is important to have an agent that understands the procedure for both.
Our own Keith Tarswell, Broker/Manager of the Danforth office and Past Chair of the Real Estate Council of Ontario, explains what multiple offers are and how you should deal with them. Generally they can be fraught with problems so it is always advisable to set the ground rules early and make sure your agent knows what they are doing.
Our Broker/Manager and Legal Counsel offers his expert opinion on the popular topic. If you have a property for sale and you receive a full price offer, are you obligated to accept? Conversely, Bill explains the perils of setting your sale price low to generate bidding wars.
Some people think that listing a home is only about exposing it to the MLS system but the reality is that most of the work actually happens before hand. Kim Kehoe, sales rep from our Queen West office explains, in detail, the full service proposition.