Sold Date: 01/20/2022
Purchasing 30 Wilson St has been a great test of patience. We had been waiting a long time for a property from this building to be listed. For months there was absolutely nothing. We had started looking for a property since May/June of 2021 before we purchased on Jan 20, 2022.
My client was downsizing into this condo from her previous home at 214 Fincham Ave. In the meantime, she decided to rent until there was a unit available. She persisted with this building so that she could live closer with her family who already was living there. As we monitored for potential listings, month after month, I had consistently called into the building for potential sellers. We continued to persevere while my client was prepared at any point in time to make an offer.
When unit 203 came on to the market, we immediately booked a showing hours just after the listing came up. We had been notified that there were other showings and there may be others who had interests in the unit. As soon as we visited the unit, we were immediately discussing the offer price. Since our successful listing of 214 Fincham Ave, my client had full trust in my advice and asked me “How much do we offer?”. I recommended them to put an offer slightly higher than the listing price. Although we may not be aware of any other offers that may show up, it is best to put slightly higher than the listing price so that the sellers will understand that we are serious buyers and increase the likelihood of considering us. When you put an offer that is too low, sellers may sometimes feel offended when their work and efforts aren't recognized in maintaining and listing their home.
If a seller asks you to put your best offer forward and it is still too low, sometimes you may not have another opportunity. It is best in an offer at your best if it's a property that you really want but within reason and not a ridiculously high price. But, one that makes sense which can be guided by your real estate agent.
My client had taken my advice and scored her dream home, now living happily with her family!
“The little things can give you more than you ask” – Dinah Wong
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