Maybe you’re convinced the housing market is about to go up. Or maybe you’re just hesitant to commit to the selling process. If you decide to wait, you are joining the thousands of other home owners who have also decided to wait. But when a few suddenly decide it’s time to take the plunge, you’re already too late. If you need or want to sell now, then sell now. There will never be a better time.
IGNORING A REASONABLE EARLY BID
This happens repeatedly. The seller gets a bite early on and is suddenly filled with confidence that the house will sell easily and maybe even get involved in a bidding war. It feels like you’re standing over a pond packed with a hungry fish. The first offer—even if it’s close to your asking price—just doesn’t seem great and you naturally assume there must be bigger, juicier fish to be had. So, you throw the not-so-small-after-all fish back in. Big mistake. That little guy is often the “catch of the day.”
BECOMING FRIENDS WITH THE BUYER
It’s appropriate, even important, to be friendly, but don’t let the personal nature of someone being in your home allow you to get into too many long discussions with the buyers. Personality conflicts and even well-intended comments often cloud judgments. Watch what you say in discussing items related to the house and neighborhood. Remember, this could be their new home. You’re no doubt excited about moving. But buyers will start second- guessing. A casual statement about the house “really being too small for a growing family,” or “the schools are going through some changes” might be enough innocent chatter to squash their interest.
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