Wednesday, August 26, 2015

Should You Be Cautious about Making an Offer on a New Listing?




Buying a Jonesboro home?  Get a full home search
Selling your Jonesboro home? Get a free Home Price Evaluation

We want to take a few minutes today to answer a question we have been getting a lot lately: “Should you wait to make an offer on a new listing?"

Recently, we’ve had a few homes that we have listed in the morning, scheduled multiple showings in the afternoon, and sold in the evening, all on the same day. It’s not uncommon for a few agents to call us the next day, wanting to put in offers for their clients. We are definitely in a seller’s market right now, as there is not a ton of inventory out there.


We are working with a lot of buyers right now who are looking for that perfect property. In this type of environment, we suggest making an offer right away on a home you like. It doesn’t mean you are 100% going to buy it, but it still gets the ball rolling and allows you to get your foot in the door if there is going to be a bidding war. Don’t hesitate, because you will lose the property if you do.

If you have any questions for us, feel free to send us a quick email or give us a phone call. We look forward to speaking with you soon!