Thursday, February 4, 2010

FIRST OFFER IS USUALLY THE HIGHEST

Realtors know from experience that the old saying has proven true time and again,"The first offer is usually the highest offer". We can't tell you how many times clients have said they should have listened to us. When that offer comes in, especially in today's market, know the likelihood of getting a higher one is small. Of course there are bottom fishers, but we know when an offer makes sense to seriously consider,especially after opining with our clients that they might be listing their homes substantially over market value. We generate pricing advice from hard data on what has sold the last three months, just like appraisers. Listing too high will only generate offers that are too low.