Welcome to today’s real estate radio show. My name is Connor MacIvor.
I have had the longest running real estate radio show which is headquartered in the Santa Clarita Valley and serving the greater Los Angeles metropolitan area. To view the show you can go to HousingRadio.com or check out SCVnest.com/radio.
On today’s real estate radio show I discussed what happens when sellers receive offers prior to a scheduled open house. This is not the solve all answer to whether or not a home seller should accept an offer or disregard the offer until the scheduled open houses fulfilled.
However, this is a discussion as to what things to look for from a savvy and knowledgeable real estate experts mind. By the way, that savvy main thing, that would be in reference to yours truly. 🙂
I remember my dad telling me that a bird in the hand is worth two in the bush. This applies very well to this potential real estate scenario for a real estate seller.
To consider all things prior to accepting an offer on real estate is very important. But to hold off beginning negotiations with regard to an offer received, because of an upcoming scheduled open house, would be a mistake. At least it would be a mistake most times.
Real estate sellers want to sell their home at the best possible price for the best possible terms. Real estate buyers want to purchase real estate at the best possible price for the best possible terms. As you can see both parties have the same interest at heart. The difference is that both parties have their own interests at heart.
As a real estate seller you never know when an additional offer is going to come into play. As a real estate agent we know that less than 1% of the homes hosted open get sold during that process.
Those odds are horrible in relation to a typical multiple listing service advertising and marketing scenario.
A newspaper article with your home being listed for sale has a better chance of selling it than it selling during an open house.
That being the case, that being your understanding, as is the understanding of the National Association of Realtors, it would not be Wise to hold off on responding to the offer received in order to allow the open houses to take place.
Our real estate advertising and marketing campaigns are super strong – find out what your home is worth now!
Working from a point of experience with relation to offers and working with home sellers. A lot of things come up worth talking about in a public forum. This was my primary reason for developing our SCVnest blog. I want to make sure the veil is not in place when it comes to real estate.
I remember buying my first home when the veil was all to apparent. The real estate game was a monopoly much more than it is today. The agent we hired almost had his way with both Paris and I. We entered the real estate representation business back in 1998, vowing to never allow what happened to us happen to any of our clients.
Today’s real estate broadcast was brought to you by my experiences gleaned from real estate representation since 1998. I’d tell you to look to our SCVnest Blog for more information about everything which is real estate and I’ll be here for you when you are ready to get my real estate representation. Please share this article with those whom you know will benefit from my real estate services.