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House selling:<br />
should you ever disclose the<br />
details of a competing offer?<br />
If you’re selling your home and<br />
have several interested buyers,<br />
find<br />
out<br />
if disclosing the amount of a<br />
competing offer could help you<br />
get the best price.<br />
WHO CAN DISCLOSE<br />
THIS INFORMATION?<br />
Depending on your province,<br />
your real estate broker may not<br />
be allo wed to tell other buyers<br />
the amount of a competing offer.<br />
However, they can disclose how<br />
many other offers are on the<br />
table.<br />
If you’re selling your home privately,<br />
the decision is yours. You<br />
can either tell potential buyers<br />
what ot hers have offered or<br />
keep this information to yourself.<br />
WHY SHOULD YOU SHARE<br />
THIS INFORMATION?<br />
If you choose to share these figures,<br />
you may want to do so<br />
after shortlisting the best bids<br />
to see if any buyers wish to increase<br />
their offer. You could also<br />
remain open through out the entire<br />
process and provide this information<br />
upfront to anyone interested<br />
in putting in an offer.<br />
The first option may allow you to<br />
sell your home well above the<br />
asking price. The second option<br />
may reduce the number of potential<br />
buyers but increase the<br />
competi tiveness of their offers.<br />
Whatever you decide, consulting<br />
a professional will help make<br />
your sale successful.<br />
Call for advertising dates & prices.<br />
Ads start at only $42.75<br />
for two months of advertising.<br />
To Advertise Call<br />
928-425-7121<br />
Say you saw it in the <strong>Real</strong> <strong>Estate</strong> Pictorial <strong>Guide</strong>! Online at www.globerealestateguide.com Page 5