There are always a few real estate myths floating around out there. And if you’re selling a home right now, this is definitely one you don’t want to fall for!
A first strong offer means you priced too low.
On the surface, this makes sense. When your first offer comes through and it’s a good one, you’re probably wondering if you’re missing out on higher offers if you had priced your home higher.
But don’t fall for this myth! A strong first offer is actually a sign that your real estate agent’s pricing strategy is working.
It means that your home has attracted its target buyer with its price and marketing. And when the first offer you receive is strong, there’s a good chance the buyer is excited about the home and dedicated to their offer, which will make your life as the seller so much easier.
So if you put your home up for sale and get a really strong first offer, don’t feel like you’re missing out on higher offers. Instead, you should celebrate!
If you are thinking about entering the real estate market, please feel free to give us a call! PJ @ 604-725-1258 | Razaik @ 604-537-8447
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