Aug 13, 2026
Writing a real estate offer is simple.
Writing an offer that actually gets accepted is a different story.
In today’s episode of the Canadian Real Estate Investing Morning Show, Wayne breaks down the key components of a real estate offer and shares his Stop, Look and Listen system for negotiating stronger deals.
The biggest mistake investors make is getting emotionally attached to a property before the negotiation even begins.
You do not need this deal.
Another deal will come.
Once you understand that, you can slow down, look at the situation objectively, gather information and build an offer around what actually matters to the seller.
Wayne breaks most residential real estate offers down into a handful of components investors can actually control:
1. Included and excluded items
Appliances, sheds, air conditioners and other attached or unattached goods need to be identified.
2. Deposit
The size of the deposit can demonstrate how serious and financially prepared the buyer is.
3. Conditions
Common conditions include financing and home inspection, although additional conditions can be added depending on the property.
4. Possession date
A flexible possession date can sometimes be worth more to a seller than a slightly higher purchase price.
5. Price
Price matters, but it should not be the only part of the offer you negotiate.
The length of the condition period and the amount of time the seller has to accept the offer can also be used strategically.
The first part of Wayne’s system is simple:
Stop.
One of the quickest ways to make a bad investment decision is to convince yourself that you have to own a particular property.
The moment investors become desperate, logic often disappears.
They start increasing their price.
They remove protections.
They worry that another buyer will take the property.
And suddenly they are negotiating against themselves.
Wayne’s reminder is simple:
You do not need this deal.
Another opportunity will eventually come.
Once you accept that, it becomes much easier to evaluate the property objectively and negotiate from a position of confidence.
Once you have removed the emotion, look at the situation.
What information is available?
Why might the seller be moving?
Is the property vacant?
Are there moving boxes throughout the house?
Has it been sitting on the market?
Does the property need repairs?
Is the furnace near the end of its life?
Is the hot water tank leaking?
Are the floors damaged?
Does the basement have water problems?
These details can help explain why your offer is structured the way it is.
Instead of simply throwing out a low number, you can justify your price based on real costs.
For example, if a furnace needs replacing and the hot water tank is already leaking, the buyer may need to spend thousands of dollars immediately after possession.
That information can become part of the negotiation.
The seller could replace those components before possession, or the purchase price could be adjusted to reflect the work required.
The final part of the system is:
Listen.
What is the seller saying?
What is their realtor saying?
What information is available through the property?
What is their motivation?
Do they need a specific possession date?
Are they moving to another city?
Do they need certainty quickly?
Would a shorter condition period help them?
Would a larger deposit make them more comfortable?
The more you understand about the seller, the easier it becomes to build an offer around what matters to them.
And sometimes what matters most is not the highest price.
It might be certainty.
Timing.
A faster condition removal.
A larger deposit.
Or simply dealing with a buyer they believe will actually close.
Wayne shares how he recently secured another cash-flowing Edmonton rental property before he had even personally walked through it.
He knew the neighbourhood.
He understood the numbers.
He knew what he was looking for.
And because the opportunity met his criteria, he was able to move quickly.
The offer was prepared before the property even had a lockbox installed.
Instead of waiting for more buyers to appear, Wayne submitted an aggressive offer with a short acceptance window.
The seller had a decision to make.
Accept a strong offer now or wait and hope something better arrived.
The offer was accepted.
That is the advantage of knowing exactly what you are looking for before the opportunity appears.
Wayne and Gabby also discuss why real estate investing does not need to be complicated.
When you know what works, you can repeat it.
Find the types of properties that produce the strongest combination of:
Then learn those properties and neighbourhoods extremely well.
When the right opportunity appears, you can recognize it immediately.
That allows you to act faster than investors who are still trying to determine whether the deal makes sense.
The goal is not to steal a property from somebody.
The goal is to find a deal that works for the investor while also solving the seller’s problem.
Sometimes the seller needs the highest possible price.
Sometimes they need a specific possession date.
Sometimes they need certainty.
Sometimes they need the property sold quickly.
The only way to know is to gather information.
That is why Wayne’s system comes back to three simple steps:
Stop. Look. Listen.
Stop being desperate.
Look for useful information and leverage.
Listen to what the seller actually needs.
Then use that information to write the strongest offer possible.
Wayne and Gabby Hillier are full-time Canadian real estate investors, entrepreneurs and founders of REI Masters.
Through the Canadian Real Estate Investing Morning Show, they share practical lessons from building, buying, operating and managing rental properties across Alberta.
Work directly with Wayne and Gabby on real estate investing strategy, acquisitions, negotiation, deal analysis, property management and portfolio growth.
Learn the systems Gabby uses to manage rental properties remotely.
Learn Wayne Hillier’s framework for evaluating rental-property cash flow and reducing investment risk.
Search The 5% Rule by Wayne Hillier on Amazon.
Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube.
Follow Wayne Hillier – Real Estate Investing Coach on YouTube.
Edmonton, Alberta
August 22, 2026
Tour real Edmonton investment properties, including one of Wayne and Gabby’s multi-unit garden suite projects nearing completion.
Tickets are limited.
🌐 www.reimasters.ca/edmontonbustour
Edmonton, Alberta
September 11–13, 2026
Wayne and Gabby will be presenting on due diligence, pre-closing preparation, property management and asset management.
The Canadian Real Estate Investing Morning Show will also be recorded live on stage Saturday morning.
🌐 reiconference.ca
Specialized bookkeeping and tax services for Canadian real estate investors.
Investor-focused mortgage planning for Canadian real estate investors.