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Bidding Wars and Multiple Offers

Bidding Wars and Multiple Offers

 

July 27th, 2021

 

10:00 AM - 11:00 AM

 

 

 

 

Join Mark Weisleder, LLB., REI, to find out what you need to know to protect your clients in any bidding war.

 

  Mark is a real estate lawyer who has been practicing for 35 years and is also a best-selling author, Toronto Star columnist

 

and guest real estate expert on City TV, CTV andGlobal TV news.

 


By the end of this session you will:

 


- Understand all proper disclosures that must be made to clients and customers before and during the multiple representation process

 


- Learn what to have clients sign if the buyer refuses to conduct their own home inspection in a bidding war

 


- Understand the proper use of form 801

 


- Understand how to use form 244 (Seller’s Direction re Property/Offers) when not planning to consider offers until a later time period

 


- Learn whether you can sue a seller for commission when they refuse to accept an offer higher than the listing price

 


- Understand when you can make a pre-emptive or bully offer

 


- Learn what you must do if your seller is willing to consider a preemptive or bully offer

 


- Understand what to do if you are suspicious that the seller even has a second offer

 


- Learn when you must disclose the existence of multiple offers, either before an offer is signed, during any signbacks or during the home inspection condition period

 


- Learn the legality of escalation clauses (“the buyer agrees to pay $5,000 more than the highest offer received”)

 


- Understand how to manage the process when you, as the listing salesperson, are approached by a potential buyer asking

 

to be represented by you for this property.


- Learn what to do as a listing salesperson when a buyer salesperson wants to reduce their commission during a bidding war

 


- Understand how a seller can sign back more than one offer during a bidding war

 


- Learn how to create a bidding war for a buyer, as between 2 different

 

 

Members: $10.00 plus HST

 

Non-Members: $20.00 plus HST

 

Refunds will only be issued in the event of a course cancellation.

 

 

The Zoom Link will be sent closer to the session date.

 

 

 


Date:

Tuesday, July 27, 2021

Time:

10:00am to 11:00am

Location

Live Webinar
Live Webinar
Live Webinar, Live Webinar

Registration Fee:

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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988