Special offer

Accepting An Offer

By
Real Estate Broker/Owner with Real Time Realty 471.005500

Your real estate agent has just brought you an offer on your home, and you want to think about it. You would like your agent to contact the other people who have shown an interest in your home. Whether your home has been listed for three days or three months, there is always a desire to hold out for a better offer, and sellers can feel considerable resistance to making a decision.

Some buyers will include in the offer a deadline for getting a response, but the seller should respond to an offer quickly even if a deadline is not specified. The interval between when an offer is submitted and when a response is made is a crucial period because the buyers are free to withdraw from the transaction during this time. Even though they are mentally landscaping your yard and arranging their things in your rooms, they may also be afraid that they will get the house, and are, therefore, extremely vulnerable to buyers' remorse.

Scott Gerami
Broker/Owner
Real Time Realty
630-357-4800

Naperhome.com Move2geneva.com Move2Naperville.com

 

 

Posted by
Enthusiastically,
 
Scott Gerami
Broker-ABR,GRI,e-Pro,CSC,IMSD
License # 471.005500
 
Re/Max Professionals Select
2272 West 95th Street Suite 200
Naperville, Illinois 60564
 
 
(630) 357-8200-Direct\Text
 


 

Scott Daniels Florida Real Estate 2.0. Agents Earn 100% Commission.
Florida List For Less Realty, Inc. Broker/Owner. - Cooper City, FL

there is always a desire to hold out for a better offer, and sellers can feel considerable resistance to making a decision.

 

In a Buyers market? Interesting concept..

 

 

plum

Dec 15, 2006 10:17 AM
Home Design
Alpharetta, GA
Home Design and Real Estate
Scott this is a great point.  I have been in this situation numerous times, and the sellers usually get burned by being greedy.
Dec 15, 2006 10:19 AM