Special offer

Closing tomorrow - Seller's Should have negotiated the FIRST offer!

By
Real Estate Agent with Homes by Nellie-Working with Buyers & Sellers

One of my listings is going to closing tomorrow.  Had the sellers considered the first offer that came in 4 days after it was listed for sale, closing would have happened 6 weeks ago!

BUT when an offer comes in that quickly sellers do NOT want to come down on their price.  They think they have a "goldmine" home.  And they think there will be lots more offers coming.

Well, after a couple of weeks these sellers got it.  Showings were few.  Even though the sellers did a great job preparing the home for sale - new paint, carpet, counter tops, hardwoods, etc - buyers were nit-picking this 6 year old house! 

When the next offer came in, at about the same price as the first one, the sellers woke up and negotiated diligently!

And came to an agreement, and closing is tomorrow!  Hooray for the sellers & buyers.  Oh, and by the way the Buyer's Agent has earned every penny of her commission....and so has the listing agent (me!)

Breckenridge - Morrisville NC

Comments (2)

David Spencer
Keller Williams Northland - Kansas City, MO
Show Me real estate in Kansas City

After 35 years in this business the one axiom that never fails is - Accept the first offer. You can not counsel sellers about this because at the beginning they have a difficult time believing you are telling them the truth.

May 26, 2011 05:00 PM
Nellie Lytvinenko
Homes by Nellie-Working with Buyers & Sellers - Raleigh, NC
919-210-9992, Raleigh - Cary NC Real Estate

You're right David. My experience is that the first offer is almost always the best offer!

May 27, 2011 01:40 AM