Dealing With Offers

Dealing with Offers on Your Edmonton Home

Receiving an offer on your home is exciting, but it can also feel overwhelming. Should you accept, reject, or counter? What if multiple offers come in at once?

Here’s how I guide Edmonton and rural sellers through the offer process so you can make the best decision with confidence.

1. Understanding the Offer

Every offer includes key details you need to review:

  • Purchase price
  • Deposit amount
  • Conditions (financing, home inspection, sale of buyer’s home, etc.)
  • Closing or possession date
  • Inclusions and exclusions

I will walk you through each section so nothing is overlooked.

2. Responding to an Offer

As the seller, you have three choices:

  • Accept the offer as presented.
  • Reject the offer outright.
  • Counteroffer with changes to price, conditions, or terms.

A counteroffer keeps negotiations moving while protecting your bottom line.

3. Handling Multiple Offers

In a competitive Edmonton market, multiple offers are common. Strategies may include:

  • Reviewing all offers at once and choosing the strongest.
  • Countering the top offer or offers to improve terms.
  • Setting a deadline to give all buyers a fair chance.

Transparency and guidance are key. I will ensure the process is fair and strategic.

4. Conditions and Negotiations

Most offers come with conditions such as:

  • Financing approval
  • Home inspection results
  • Review of condo documents (if applicable)

I will help you understand which conditions are reasonable, how long they should last, and when it is best to push back.

5. Finalizing the Sale

Once you accept an offer and conditions are waived, the deal becomes firm and binding. I will work closely with your lawyer to make sure everything moves smoothly toward possession day.

FAQs

Q: How long do I have to respond to an offer?

In Alberta, offers typically have an expiry time set by the buyer, often 24 to 48 hours. Your REALTOR® will confirm the exact deadline.

Q: What is the most important part of an offer?

Price matters, but deposit amount, possession date, and conditions can be just as important. A strong overall package often outweighs the highest price.

Q: How do I handle multiple offers without upsetting buyers?

Your REALTOR® will guide the process fairly, usually by setting a deadline or reviewing all offers at once. Clear communication and professionalism are key.

Q: Can buyers withdraw their offer?

Yes, buyers can withdraw any time before you accept. Once you sign and accept, the contract becomes legally binding.

Q: What if the home inspection reveals issues?

Buyers may ask for repairs, a price reduction, or withdraw from the deal if the issue is significant. I will help you negotiate solutions that protect your best interests.

Next Steps

Offers can be exciting and stressful at the same time, but with the right REALTOR® guiding you, the process feels manageable. I will help you review, compare, and negotiate every offer to achieve the smoothest sale possible. Contact me today to start your selling journey.

Looking to Sell Your House?

*Required field