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There is no doubt about it; we are experiencing one of the strongest seller's markets we have seen since 2007. A seller's market is created when the inventory of listed houses is smaller than the pool of active buyers for those homes. This lack of supply means buyers will be competing with numerous other buyers on the same home. This creates a fast-paced environment with quick decisions, high bids, and only one winner. But don't despair. Here are 14 things you can do to compete in a seller's market while protecting your financial interests.

Get Pre-Approved

Don't underestimate how important this step is, particularly in a strong seller's market. Here in Alberta, a mortgage broker can not give you absolute approval until you actually write an…

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