6 Common Reasons Why Sellers Reject Purchase Offers

When you make an offer on the home of your dreams, the last thing you want is to receive a rejection letter. Rejection is never easy and can be extremely discouraging, especially for first-time homebuyers. You might wonder what went wrong and what you could've done differently.

There are several reasons why a seller might reject an offer, but it's helpful for buyers to know the most common reasons to avoid losing out on the home of their dreams.

 Here are 6 common reasons a seller may reject your offer:

1. Your offer was lower than the asking price, and the sellers want more for their home (there's also a chance they felt offended or insulted by your lowball offer).

2. You didn't submit a pre-approval or pre-qualification letter with your…

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March 2023 Edmonton Market Stats

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for March 2023 decreased by 44.6% compared to March 2022 but saw an increase of 42.1% from February 2023. New residential listings were down 22% year-over-year from March 2022 while also noting an increase of 32.3% from February 2023. Overall inventory in the GEA was up 22.1% from March of last year and up 11.8% from the previous month.

For March, detached unit sales were down 47.5% from March 2022 but saw an increase of 48.4% from February 2023 at 1076. Semi-detached unit sales were down 58.2% year-over-year but increased by 20.7% from February 2023. Row/Townhouse unit sales decreased 45% year-over-year and increased 49.2% month-over-month. Apartment Condominium…

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Coming Soon!

$589,900

268 Ranch Close, Strathmore

Prime Location! Close to Golf Course & Amenities

2 Storey With Separate Basement Entry

3 + 2 Bedrooms, Plus Bonus Room

3.5 baths

Heated Triple Car Garage

Backing Onto Pathways!

Call/message us for more details: 403-681-0319


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What Makes a Home Move-In Ready?

When buying a house, you'll likely hear the phrase "move-in ready" to describe a property. What does it mean?

When a house is described as "move-in ready," it means that it is in a condition ready for someone to move in and start living immediately. The term offers that the home is up to code, in good condition, and free from needing significant repairs or renovations before moving into it comfortably.

The definition of "move-in ready" varies from person to person, depending on their needs and preferences. For some, "move-in ready" might just mean that all the appliances work; for others, it means a fully renovated home with current paint colours and updated light fixtures.

Here are some of the common characteristics you can expect to find in…

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