Podcast 113: Bidding wars are back in Toronto real estate?
I thought bidding wars were supposed to be over? I guess not.
We just listed a starter home in #Leslieville, an urban community just outside #downtowntoronto, expecting a normal negotiation. Instead, we ended up with a frenzy that drove the price to 120% of asking.
We priced it at fair market value. So why did the buyers go crazy?
Watch this offer night recap to find out why this specific home sparked a bidding war, and whether this is a signal that the #Toronto market is heating up again—or if it's a trap.
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