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The First Offer

By David Slavin

Real Estate Agent with Keller Williams Premier

November 06, 2008 06:08 AM

David Slavin, ABR, SRES www.SellMyHouseDave.com

First offers in today's real estate market are golden. Don't let it get away if you can help it. The old saying, "A bird in hand is better than two in the bush" fits today's market. If you want to wait for the highest offer and your house sits on the market month after month and you keep making payments... what did you gain? It is better today to try and work with the first offer than wait for another. Many times it is better in the long run to make a deal and move on to the next chapter in life.

Keep in mind that you may loose a little on the house you are selling but you should be able to make it up on the house you purchase. Don't let that bird fly away because you don't know when another one will come.

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Valerie Springer

Benchmark Mortgage nmls 2143 - Birmingham, AL

Home Loan Officer AL, FHA, VA, Conventional and Re

I agree with you David. Today if your home is the one that gets the offer, try to work it out. There are many others that are willing to work with your potential purchaser if you are not. You will make up the difference when you try to purchase your home. Thanks for commenting on my post.

Nov 06, 2008 07:42 AM

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

David, I can't don't remember when I last heard that. Any offer is the start of a negotiation in this market, Great picture, nice post...

Nov 06, 2008 09:48 AM

Jim Crawford

Long & Foster - Fredericksburg, VA

Jim Crawford Broker Associate Fredericksburg VA

Great advice! The first offer sometimes is the only offer in my market.

Nov 07, 2008 12:37 AM

RALPH JORGE

EXCELLENCE EMPIRE REAL ESTATE - Riverside, CA

REALTOR

Thank you for your response.

Nov 07, 2008 04:03 AM

Wayne Warshawsky

RE/MAX Four Corners - McKinney, TX

Realtor, ABR,IRES,CDPE,SFR Your Texas

Cant tell ya how often I hear that we should have taken or worked harder the first offer.

Great post

Nov 20, 2008 12:30 AM

The First Offer

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