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Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

Blog by Ian Watt

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Ten Offers Competing for a West End Condo (Downtown Vancouver)

Vancouver Condo Real Estate Video Blog #391 - August 26, 2009

Ten Offers Competing for a West End Condo (Downtown Vancouver) 

Ian Watt Video blogs about having just written an offer with his clients at 10:00 pm for a multiple offer situation which has 10 offers competing for a West End Condo (in Downtown Vancouver). If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

Ian Watt : Hi Good Evening! it's Ian Watt in Downtown, Vancouver. It is 10:30 at night just finished writing up an offer for a property that my client's want to purchase in the West End. It appears that there are going to be 10 offers in total competing for this property. Unbelievable! It's amazing how sought after the West End is and the one thing we have to remember that the West End is consist of probably about 20% strata condominiums at 80% other as in leasehold coop or just rental buildings. And the West End is a very unique part of the Downtown core. It has a great community feel. And that's why this is going into multiple offers. It's just not enough property coming out for sale in the West End. Wish me luck! We present tomorrow morning at 10 am. My name's Ian Watt. If you have any questions regarding multiple offers, you can always email me at ianwatt@ianwatt.ca . Thank you very much and have a great day!