offers: The Importance of the Offers That Come In During The First 14 Days of the Listing - 01/15/11 07:50 AM
The early offers in the first 14 days of the listing represent the pent up demand for that particular house style, neighborhood and price range.
Current Pent Up Demand vs. Future Buyers Trickling In.
There is a certain number of buyers currently in the market for your house. As soon as your house hits the market, those buyers and their Realtors quickly review your house, either by internet or by walking through the house. If the pent up demand rejects the house and its price, everyone has to wait for new buyers to trickle into the market.
Should I Accept The … (39 comments)