The answer
The seller receives offers presented to them, while competing buyers should not assume they can see another buyer's confidential terms. The seller controls the process and whether a multiple-offer situation is disclosed, subject to lawful instructions and the duties of licensed professionals. Ask what is confirmed, avoid relying on rumours, and get transaction-specific advice.
Calgary-specific context
A Calgary buyer may be told there is a written offer, buyer interest, or a presentation time; those are different signals and none reveals the other buyer's price, conditions, ceiling, or willingness to close.
What to do next
Record exactly what was communicated, by whom, when, and whether it refers to a signed written offer, then make a bounded decision that still works if no competing detail is known.
Verify before relying
Official sources for this topic
These sources explain the rules and records relevant to this topic. Check the current requirements for your property.
Check the current information at the linked source. Ask the appropriate professional how it applies to your property.
Important
Real estate rules, market conditions, property records, taxes, financing terms, bylaws, and physical conditions can change. Verify time-sensitive and property-specific facts with current official sources and the appropriate qualified professional before acting.
RELATED GUIDES / Selling & valuation
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