Integrity Key Properties LLC
Abbe Krasner , Integrity Key Properties LLCPhone: (813) 453-1890
Email: [email protected]

Home Seller Tips: 3 Reasons to Accept the First Offer on a Home

by Abbe Krasner 05/27/2018

After you add your house to the real estate market, it may be only a matter of days before you receive the first offer on your residence.

Ultimately, the initial offer on your home may prove to be the best proposal for a number of reasons, including:

1. The offer matches or exceeds your expectations.

An informed home seller understands the condition of his or her house, and as such, sets realistic expectations for the home selling journey.

For a home seller, it is paramount to conduct a home appraisal before you list your residence. With this appraisal, you can learn about your residence's strengths and weaknesses and price your house accordingly.

Furthermore, a home appraisal will help you understand the true value of your home. And if you receive an initial offer that matches or surpasses your expectations, you should have no trouble accepting the proposal and moving forward with a home sale.

2. The offer corresponds to the current state of the real estate market.

Operating in a buyer's market is far different from operating in a seller's market, and perhaps it is easy to understand why.

In a buyer's market, there is an abundance of high-quality houses and a shortage of property buyers. This means a buyer's market typically favors property buyers over property sellers.

On the other hand, a seller's market usually favors property sellers. This market includes many property buyers and a shortage of top-notch houses. Thus, the likelihood of receiving a terrific first offer may increase in a seller's market and decrease in a buyer's market.

As a home seller, it is essential to allocate the necessary time and resources to learn about the housing market. If you understand the differences between a buyer's market and a seller's market, you can identify a great initial offer on your house.

3. The offer is a must-accept in the eyes of your real estate agent.

When it comes to selling a house, it often is a wonderful idea to work with a real estate agent. In fact, this housing market professional may prove to be a difference-maker at each stage of the home selling journey.

A real estate agent will help you list your residence, promote it to potential homebuyers and set up home showings and open houses. That way, he or she can make it easy for you to generate substantial interest in your residence as soon as it becomes available.

Perhaps most important, a real estate agent is happy to provide honest, unbiased home selling recommendations. This housing market professional will help you differentiate between a mediocre initial offer and a stellar one and ensure you can make informed home selling decisions.

Lastly, be sure to analyze the initial offer on your home closely before you accept it. By taking a diligent approach to this home proposal, you can evaluate the pros and cons of it and make the best possible decision based on your individual needs.

About the Author
Author

Abbe Krasner

Your "Dear Abbe" of Real Estate!

"I believe in going the extra mile and pride myself for exceeding expectations by giving great customer service and love to negotiate for my clients." 

With well over 20 years in the business, Abbe Krasner is a Florida state recognized Licensed Real Estate Broker with Integrity Key Properties LLC.

~ Specialization in Residential, Property Management, Military Relocation & Renovations. ~

Multi-Million Dollar Producer 

Nationally Recognized Masters Club Awards and Golden Eagle Awards 

Consistent Top Producer rates highest on Customer Satisfaction Member of National Association of Realtors, Florida Association of Realtors, Greater Tampa Association of Realtors, HUD Certification, WCR.

In addition, Abbe holds other licenses and memberships such as a Florida Licensed Notary, Performs Wedding Ceremonies in Florida, a US Coast Guard Aux. Certification, and is a Medical and Military Relocation Specialist.