Fear of missing out. Also known by the cool kids as ‘FOMO.’ It’s basic human nature. The moment you make a tough choice, you worry that you are giving up something better. As a homeowner contemplating a fresh offer, you may even find yourself asking, “What about those showings booked for tomorrow? What if there is an even better offer coming? The market is super hot, right?”
Don’t get caught on this common real estate merry-go-round. It goes nowhere, and you may miss out on the best deal you ever had.
There’s a saying in real estate that homeowners don’t like to hear: the first offer is usually the best offer.
What that means is, the buyer who steps up first to make an offer is the buyer who wants your home more than any other buyer in the current market. This is a motivated buyer who will be easier to get along with and probably pay you more money.
While there are exceptions to this rule, a good REALTOR® can suss out the ‘bad apples’ and will help you decide how to proceed with a stinky offer. However, the vast majority of the time—including in a hot market—the first buyer to put skin in in the game is the buyer you want to sell your home to!
If this crazy hot real estate market has you stressed and confused, not to worry! We are here to guide and support you through every tough decision. Call or text us and let’s get started!
PS: My apologies for the fuzzy audio in this video. I decided to upgrade my camera afterward!