LogFAQs > #979022786

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Topic	I accepted an offer on my house just hours after it hit the market
StealThisSheen 02/24/24 4:56:05 PM #33:	If somebody offers you above asking price early, you take it. The longer a house is on the market, the more the value falls. Real estate is one thing where it's typically not worth it to wait, unless you are regularly being offered below asking price. If you're being offered below, it could be worth it to wait in case the market changes and you can get more later. If you get offered above asking price quickly, though, you take it, because the chances of the value falling are much higher than the chances of the value increasing. --- Seplito Nash, Smelling Like the Vault since 1996 Step FOUR! Get Paid! <cite>StealThisSheen posted [p:979022786] in I accepted... [t:80704904]...</cite> <quote>If somebody offers you above asking price early, you take it. The longer a house is on the market, the more the value falls. Real estate is one thing where it's typically not worth it to wait, unless you are regularly being offered below asking price. If you're being offered below, it could be worth it to wait in case the market changes and you can get more later. If you get offered above asking price quickly, though, you take it, because the chances of the value falling are much higher than the chances of the value increasing. --- Seplito Nash, Smelling Like the Vault since 1996Step FOUR! Get Paid!</quote> ... Copied to Clipboard!
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