Take the offer?
You're selling. Offers arrive one a week. Take one, or wait for something better, but every week costs you money.
Your listing
A detached house in Brant Hills
Listed at $992,000. Homes here sell for about 98% of asking right now (competitive). Waiting costs about $1,200 a week in mortgage, tax and utilities.
You turned down: $945,000, $944,000, $977,000, $980,000.
Week 5 · Offer 5 of 5
A young family offers
$961,000
Conditional on financing and a home inspection · closing in 45 days
This is the last offer. Saying no deal takes it anyway, so you're not stuck forever.
Practice game based on Brant Hills's real sold-to-asking ratio from TRREB. The offers are made up. It's not advice or an evaluation of any home. No prizes.
In a real sale, the number of offers must be shared with every buyer making one, but the details of other offers are shared only if the seller agrees in writing.