Found the home you love, only to discover there are five other people interested? You’re not alone. In today’s market, it’s common to compete with other buyers. The key is knowing how to stand out without overbidding.
What You're Dealing With
We’re still in a seller’s market. Homes sell quickly, supply is tight, and prices remain high. Especially in big cities. Even if overall prices seem to dip, square meter prices are still rising. Smaller homes are in demand, and competition is fierce.
What Makes an Offer Strong?
It’s not just about the number. Sellers look at the total package:
The amount you offer: Is it competitive, but grounded in the home’s value?
Your terms: Are you including or excluding conditions like financing?
Your certainty: Can you close quickly and without surprises?
Sometimes the highest bid doesn’t win. The most confident one does.
A real estate agent may not tell you the highest bid but may ask you to make a final offer.
How to Strengthen Your Position
Know the home’s true value. A strong bid starts with a clear view of what the home is worth.
Decide your max in advance. Don’t stretch beyond your comfort zone. Set a ceiling before emotions take over.
Act quickly. Timing matters. Homes move fast in a hot market.
Be smart about your conditions. Removing financing conditions can strengthen your offer, but only if it fits your financial situation. Always speak with your mortgage advisor first.
Feeling the Pressure?
That’s normal. Bidding on a popular home is stressful—but it doesn’t have to feel like guesswork. With the right strategy and data, you can make a confident offer that gives you a real shot.