Winning A Bidding War - Are Unconditional Offers Necessary?

Navigating a real estate bidding war in Calgary? Curious whether an unconditional offer boosts your chances of securing that perfect home? Dive into this video for essential real estate tips and learn about the nuances of real estate negotiation strategies that could tip the scales in your favor.

Explore various seller behaviors and understand the best negotiation tactics to deploy based on the type of seller you're dealing with. Discover critical factors you should consider when deciding to make an unconditional offer, especially in the competitive Calgary real estate market.

Here’s what we cover:
🔑 Understanding conditional vs. unconditional offers: Which works better for Calgary homes?
🔑 Insights into seller behaviors and real estate tips for home buyers in Calgary.
🔑 Real estate negotiation strategies that make a difference during multiple offers on a house.
🔑 Practical advice for first-time home buyers and seasoned real estate investors.
🔑 A comprehensive home inspection checklist that could save you from future headaches.

Whether you are a first-time home buyer needing advice on navigating the Calgary real estate market or a seasoned investor looking to refine your strategy for multiple offers, this video will equip you with the knowledge to navigate and succeed in 2024's real estate landscape.

Chapters:
00:00 - Are Unconditional Offers Necessary - An Introduction to Real Estate Bidding Wars
00:59 - Analyzing Seller Types: A Strategic Edge in Real Estate Negotiation
02:55 - When to Consider Making Unconditional Offers
06:15 - Selecting a Calgary Realtor with Strong Real Estate Negotiation Skills
07:09 - Tips for Real Estate Price Negotiation in a Bidding War
07:29 - Essential Real Estate Investment Tips for Calgary Market
09:04 - Critical Home Buying Tips for Navigating Calgary’s Competitive Real Estate Scene
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Felix Chan & Jasben Lai are Calgary Realtors with the LiveInnerCity Real Estate Team in Alberta, Canada. Felix is also a Calgary Mortgage Broker and Real Estate Investor.

As your Calgary Real Estate Agents of choice, we are your one-stop-shop for all your Calgary Real Estate needs. We provide our best tips and tricks for home buyers, sellers, and investors looking in the Calgary Real Estate Market. We also dive into Calgary Communities and Home & Condo Tours.

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[_ItsTamo]

Ahh, thank you so much for making this video 🤣 This is so helpful for me in mustering my courage in delving into the market. Wish me luck in finding my first home! Thanks again!

[MJ-cgvp]

Interesting! Many buyers abuse the inspection condition to lower the price or search for other houses. That is also an reality. Out of curiosity, how much do a typical buyer ask for a price reduction before removing the inspection condition?