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A comment on Canada to ban foreigners from buying homes. Parent comment

Re:Canada to ban foreigners from buying homes by AzzieElbab on Thursday April 07, 2022 @03:42PM (#30949463)
that is classic cause and effect. realtors are just tagging along. I bet even if they make realtors accept second highest price instead of first(aka google adds) the impact would be minimal overall
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Re:Canada to ban foreigners from buying homes by cpwright on Thursday April 07, 2022 @06:29PM (#30951098)
It isn't the Realtor accepting the price, it is the owner. At least in my state they are obligated to present every offer. Price is not the only dimension to factor in either. Just off the top of my head: (1) inspection contingency (2) mortgage contingency (or how much to make up for the appraisal) (3) timing for closing (4) lease back option

Can all affect what you would select, not just the price.

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