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The Importance of the Offers That Come In During The First 14 Days of the Listing
Buyers are few and far between right now, and as this post points out, that first offer might be the only offer for a while. A HUGE part to selling a home right now is getting the price right. If you don't have it in the right spot when that buyer comes through, it will be a long wait before the next one comes by!
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 Early Offers or Wait For Something Better?
Too often sellers turn down the early offers and then wait months for a better offer that may never come.
If the house was listed in the winter, you ... more
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