Team Member Since 2017
Is the first offer always the best offer?
It depends... It depends on the whether a neighborhood is in demand, whether the clock is ticking, and if there are other contingencies. If it depends, then why is the "first offer" tenet trumpeted loudly by well-meaning agents? Today, home buyers learn of new listings almost immediately through online alerts. Timing is everything in real estate. Experienced agents know that the combination of alerts and low supply drives the sense of scarcity to peak during the first weeks a home is on the market. Demand fades as the weeks pass, and with less demand, offers become less exciting for sellers.
Western Carolina University