What is SBP in Real Estate? | KT CONFIDENTIAL EP205 | The Real Estate Podcast

In real estate, SBP --Sale of Buyer's Property, also known as SPP --Sale of Purchaser's Property, is a clause that's not so common but we're finding it more prevalent in today's market compared to the last decade as a whole.

When selling or buying real estate, it's important to know the critical considerations in deciding if you should include or accept an offer that has this condition. Failing to handle it properly can have a profound impact on the sale.

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After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.