[et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||3px|||” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.20.2″ _module_preset=”default” width=”95%” max_width=”100%” custom_margin=”||-24px||false|false” custom_margin_tablet=”||-24px||false|false” custom_margin_phone=”||-34px||false|false” custom_margin_last_edited=”on|phone” custom_padding=”55px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][wahi_breadcrumb _builder_version=”4.27.4″ _module_preset=”default” custom_margin_tablet=”” custom_margin_phone=”30px||-10px||false|false” custom_margin_last_edited=”on|phone” global_colors_info=”{}”][wahi_breadcrumb-link title=”Real Estate 101″ 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In the latest instalment of Ask a Wahi Realtor, we look at some of the early signs a home will pull in multiple offers.<\/span><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” custom_margin=”||11px|||” text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|phone” header_2_font_size_tablet=”36px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n By Josh Sherman<\/a>\u00a0<\/span>| 2 minute read<\/p>\n [\/et_pb_text][et_pb_post_title title=”off” author=”off” categories=”off” comments=”off” featured_image=”off” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”||26px|||” global_colors_info=”{}”][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||3px|||” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width_tablet=”” width_phone=”100%” width_last_edited=”on|desktop” custom_padding=”0px||9px|||” global_colors_info=”{}” width__hover_enabled=”off|desktop”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/wahi.com\/wp-content\/uploads\/2026\/03\/multiple-offers.jpg” alt=”Images of Toronto neighbourhoods” title_text=”multiple-offers” align=”center” force_fullwidth=”on” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”1px||29px|||” hover_enabled=”0″ border_radii=”on|32px|32px|32px|32px” border_radii_tablet=”on|32px|32px|32px|32px” border_radii_phone=”on|0px|0px|0px|0px” border_radii_last_edited=”on|desktop” global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” min_height=”791.1px” custom_padding=”32px||23px|||” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” min_height=”765.1px” custom_margin=”||-48px|||” custom_padding=”6px||68px|||” text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|phone” header_2_font_size_tablet=”36px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n For homebuyers, few \u2014 if any \u2014 experiences are more frustrating than finding what seems like the perfect home for a great price only to lose out in an unexpected bidding war. <\/span> \u00a0<\/span><\/p>\n While there\u2019s no way for homebuyers to avoid these scenarios, there are things they can do to prepare. Perhaps most importantly, homebuyers can look for early signs that a home will pull in multiple offers. That way, they at least know what to expect. It can help them manage expectations and make better-informed decisions. With this in mind, here are several early signs that suggest a home will pull in multiple offers.<\/span><\/p>\n \u00a0<\/span><\/p>\n Lowering the asking price to a number below the true market value is one strategy sellers may use to get more eyeballs on their listing. But how can you tell if a home is likely <\/span>priced below market value<\/span><\/a>? There are a few tells:<\/span><\/span><\/p>\n <\/span><\/p>\n <\/p>\n <\/p>\n<\/li>\n<\/ul>\n It\u2019s also worth checking to see what Wahi\u2019s Home Value Estimator<\/a> says. Wahi\u2019s Home Value Estimator provides a free estimated market value (with up to 90% accuracy). The estimate appears on each of Wahi\u2019s listings on the web and in the app. <\/span><\/p>\n Wahi\u2019s Home Value Estimator takes several factors into account, including taxes, the size of both the lot and home, number of bedrooms, and more. Learn more about the factors that affect a home\u2019s value, and try the tool out for yourself<\/a>.<\/p>\n \u00a0<\/span><\/p>\n <\/span><\/p>\n <\/p>\n Some neighbourhoods seem to buck real estate downturns. No matter how cool the overall housing market is, there will always be exceptions. This could be for a variety of reasons. Some common hallmarks of resilient neighbourhoods:<\/span><\/p>\n <\/p>\n <\/p>\n <\/p>\n
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<\/span>And it\u2019s not an uncommon experience. Bidding wars are common in the Canadian housing market, even when the market isn\u2019t firing on all cylinders. In fact, in 2024 \u2014 far from a banner year for real estate in Canada \u2014 more than two-thirds of homebuyers reported being involved in a bidding war, according to the Canada Mortgage and Housing Corporation\u2019s <\/span>2024 Mortgage Consumer Survey<\/span><\/a>.\u00a0\u00a0<\/span><\/p>\n1. The home is priced below market value<\/b><\/h2>\n
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2. The home is in a desirable neighbourhood\u00a0<\/b><\/h2>\n
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3. The Neighbourhood is in overbidding territory\u00a0<\/b><\/h2>\n