Realtors scrutinize proposed blind bidding ban

by | Sep 2, 2021 | Blog

Home buyers looking for a perfect home in markets with slim pickings are facing a deluge of election proposals that promise more affordable choices. One of the more contentious policies to surface over the past week is a subscribed end to blind bidding…David Oikle, president of the Ontario Real Estate Association, rebutted that the current reality of bidding wars is ultimately an issue of supply and the plan would have the opposite effect — “negatively impacting Canada’s housing market and making home ownership even more unaffordable.”

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