Date Archives: June 14th, 2021
Laffey Knows Long Island Living Home
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June
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Buyers: Should You Make an Early Offer?
Real estate markets across the country are booming, with more buyers shopping than there are homes available in many markets. With homes selling so quickly, it's important to consider all options for landing the top choices on your list of potential homes. For buyers in a competitive market, an early offer can be an appealing option for trying to land a home before more buyers get the opportunity to make a bid. There are both positives and potential pitfalls to making an early offer, and our real estate agents are here to help you decide on the best options for purchasing your next home.
- What Qualifies as an Early Offer?
In many cases, agents like to list homes on Friday because it's typically the best day of the week for posting new listings. The open house will then usually occur a few days later, so there is a small gap between when the listing is posted and when most buyers will see the home in person. So an early offer will typically come in shortly after the house has been listed, but before most buyers will see the home. Some sellers will be more interested in considering an early offer than others, with their own circumstances and the local real estate market trends playing an important role in their decision.
