1. Serious buyers are ready to buy.
They have been ready since before I put the condo on the market, so I like to give them a chance to be first.
2. Savvy agents with serious buyers don't wait for the open house.
The call me and say, "Get me in there!" I believe it is in the best interest of my client to work with a savvy agent who will have a cleaner offer and will provide an easier transaction.
3. Tons of offers don't necessarily mean more money.
Buyers will pay a premium to avoid the open house and compete against more offers. In today's market, where buyers have been getting squeezed out by the number of offers and outbid by cash buyers, it is often in their best interest to come in early and high.
4. Too many offers can be a big fat mess.
My job as a listing agent is to sell properties for the highest amount of money and with as few conditions as possible. Experience has shown me that five offers can get me there just as well as 17. At some point, all the added offers become noise, paperwork and headache and confusion to the seller. Also, when tons of offers roll in, some of the best buyers may decide not to compete.
5. Sometimes sellers prefer to avoid an open house.
This past year, I've had several sellers say the idea of having a stampede through their home is unappealing. When given the option to skip having an open house, many will happily take it.
6. When you wait to take offers, they don't come in until the last minute.
Everyone wants to submit their offer last—so the seller sits, waiting in anticipation for much longer. In the meantime, buyers may be less enthusiastic days later, when they finally write an offer. The best time to get an offer is early on, when you can capture the excitement of a buyer who doesn't want to risk losing the property.
If you are considering listing or re-listing your home, I would welcome the opportunity to interview for the job. Please give me a call or email at your convenience. Let's get you started! 🏡
Mary Grivas, Realtor
Berkshire Hathaway HomeServices Starck Real Estate
www.marygrivasrealtor.com MGrivas@StarckRE.com C: 630-688-1725
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Source: Zurple Real Estate Blog