To all the Realtors in GTA
When you are selling, stop holding offers on the properties. Bidding war days are gone!!!. Reco allows you to provide details on the offers as per seller’s directions
You as a professional knows many different ways to sell a property. Bidding war not the only option. Once the offer date is passed, you guys are then listing property again at the asking price. At that point it looks desperate and show how inexperienced you are. You really failed to adapt the changing market and still applying the methods that worked in pandemic.
This entire year all the properties my clients have purchased have made sure to put an offer on the properties who is not holding offers. Everyone is tired of these games.
As your fellow realtor, I am asking you to stop this nonsense.
To all the buyers out there:
I am asking you to boycott these properties who are holding offers. Right now it’s a buyer’s market. You will have plenty of other options. Don’t fall into this trap. Sellers are delusional than ever and many times they are the ones who want their realtors to do the bidding war. Overpaying even $1000 is not worth it in this market.
Posted Jun 15, 2025, 3:05 PM UTC