Do I Accept the First Offer on My House, or Wait and …

Should you take the first offer on your house? It depends. Sometimes it works out to negotiate or wait for another offer, but an old real estate adage states that the first offer is the best offer. Even if the offer is … See more

CouponFollow Extension

FAQs about Do I Accept the First Offer on My House, or Wait and … Coupon?

Should I accept a first offer on my home?

Most sellers hope to have multiple offers, but sometimes it's best to take the first offer you receive. When to Accept First Offer on Your House It may be tempting to hold out for a better price when selling your home, especially when your home is newly listed. ...

Should you accept a home offer from a buyer?

Receiving an offer for your home from a buyer is a big moment in the house selling process. However, it’s important to weigh up each offer you receive before you accept. ...

When should you accept a home offer?

Here are six scenarios where the first offer is the one you’ll want to accept. When you get an offer as soon as it hits the market. When it’s a cash offer. When it’s a contingency-free offer. When there’s limited interest. When you need to sell fast. When your agent advises you to take the offer. The Guide to Understanding Your Home Value. ...

When should a seller offer a home?

When there’s limited inventory and high buyer demand, sellers generally have more leverage and buyers are typically willing to offer the asking price at the very least when the home hits the market. “Receiving an early offer indicates strong interest in the property,” Napolitano says. ...

Should a seller accept an early offer?

“Receiving an early offer indicates strong interest in the property,” Napolitano says. “If the first offer received is at or above the asking price, it may be tempting for a seller to accept it, especially if the offer aligns with their expectations and the current market conditions.” ...

When should you accept a first offer?

There are certain situations when considering accepting the first offer on your house makes sense. If it’s the least favorable time of the year for real estate, the sweet spot for home sales is typically the spring. As the months tick by and the weather cools, the real estate market tends to do the same. ...