An offer is more than a number. Sellers compare the whole package: price, deposit, conditions, closing date and how reliable the buyer seems. In Markham's busier neighbourhoods, a well-built offer can win against a slightly higher one.
The Kaizen Real Estate Team writes offers for buyers across Markham and York Region every week. Here are the parts that matter most.
1. Price Based on Sales, Not the List Price
List prices can be set low to attract offers or high to leave room. Recent comparable sales are the better guide. Decide your ceiling before offer night, when you are calm.
2. A Meaningful Deposit
The deposit shows commitment. In the GTA it is commonly delivered within 24 hours of acceptance and held in trust by the listing brokerage. A larger deposit can make your offer look stronger, as long as you can afford it.
3. Conditions: Keep What Protects You
| Condition | Protects you from |
|---|---|
| Financing | Not getting the mortgage you need |
| Home inspection | Hidden defects |
| Status certificate (condos) | Fee, reserve fund or legal problems |
| Lawyer review | Title or contract issues |
Removing conditions makes an offer stronger but adds risk. A pre-offer inspection and a firm pre-approval can let you drop some conditions safely. Ask before you decide.
PARTNER PERSPECTIVE
A Call Before the Offer
Before submitting, Neeraj Moolchandani calls the listing agent to ask what matters most to the seller: price, date or certainty. That one call often shapes the whole offer.
Neeraj Moolchandani then builds the terms around that answer, while keeping the buyer protected.
4. The Right Closing Date
Ask the listing agent what closing date works best for the seller. If you can match it, your offer becomes easier to accept.
5. Clear Inclusions
List appliances, light fixtures, window coverings and anything else you expect to stay. Vague inclusions cause disputes on closing day.
6. Be Ready
Have your pre-approval, deposit and lawyer lined up before you look seriously. See closing costs in Markham and the mortgage calculator. For competing offers, read how to win a bidding war without overpaying.
Frequently Asked Questions
How much deposit should I offer on a Markham home?
Should I waive the home inspection?
Can I offer below asking in Markham?
Michael John Lau and Neeraj Moolchandani are REALTORS® with the Kaizen Real Estate Team, eXp Realty, Brokerage, 9763 Markham Rd, Markham, ON L6E 1A4. This article is general information, not legal, tax or financial advice. Rules and market conditions change; confirm details with the appropriate professional before acting.