# Multiple offer strategy for Coquitlam buyers

> Multiple offer (or 'bidding war') situations are common in active Coquitlam segments — entry-tier townhomes, family detached in good catchments, view condos.

**Source:** https://soldbycraig.ca/multiple-offer-strategy-coquitlam-buyers/  
**Author:** Craig Johnston, REALTOR® (BC Licence V99960) · The MACNABS · Royal LePage Elite West  
**Site:** https://soldbycraig.ca

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Buyer · Strategy

## Multiple offer strategy for Coquitlam buyers — how to actually win.

Multiple offer (or 'bidding war') situations are common in active Coquitlam segments — entry-tier townhomes, family detached in good catchments, view condos. Winning isn't always about offering the most. Here's the framework.

[Book a Strategy Call](/book-a-strategy-call-with-craig-johnston/)
[Call Craig — 604-202-6092](tel:+16042026092)

Quick Answer

What should you know about Multiple Offer Strategy Coquitlam Buyers?

Multiple offer (or 'bidding war') situations are common in active Coquitlam segments — entry-tier townhomes, family detached in good catchments, view condos. **Craig Johnston, Top 1% Team Member — Greater Vancouver REALTORS®** and 47+ year Tri-Cities resident, can walk you through the local context. Free Strategy Call ends with a written one-page plan in 24 hours.

Verified · Buyer · Strategy

## The framework.

Step 1: Confirm the seller's priority

Some sellers prioritize price. Others prioritize closing date, financing certainty, or no subjects. Your REALTOR® finds out before you write.

Step 2: Tailor your offer

Match the seller's priority. If they want quick close — write for their date. If they want certainty — minimize subjects. If they want price — your highest reasonable number.

Step 3: Subject-light is powerful

Pre-approval letter attached, financing arranged in advance, inspection done in advance (or skipped — risky), strata documents reviewed in advance. Each removed subject increases offer attractiveness.

Step 4: Personal letter

A short letter explaining who you are and why you want this specific home occasionally tips a tied bid. Don't manipulate — be honest. Some sellers are influenced; others aren't.

Step 5: Escalation clause

Offer X with an escalation clause: 'auto-increase by $5K up to maximum $Y if there is a higher competing offer.' Used carefully. Confirm legality with your REALTOR® and lawyer — escalation clauses have specific BC requirements.

Step 6: Strong deposit

Larger deposit (10% vs. standard 5%) signals seriousness. Especially relevant for nervous sellers.

Step 7: Avoid these mistakes

Lowballing in a hot offer scenario (you lose). Overpaying without due diligence (you regret). Skipping financing subject without unconditional approval (you lose deposit if it falls through).

Step 8: Walk away discipline

Set your maximum BEFORE you write. Walk away above it. Multiple-offer regret is real, but post-purchase regret on overpayment is worse.

## Talk to Craig — a 47-year Coquitlam resident and licensed REALTOR®.

No pressure. No obligation. Just a 30-minute call to talk through your specific situation.

[Book a Strategy Call](/book-a-strategy-call-with-craig-johnston/)
[Call 604-202-6092](tel:+16042026092)
[Email Craig](mailto:Craig@SoldByCraig.ca)

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