We at the Duncan Duo are proud to announce that out of over 110,000 RE/MAX real estate agents, we’ve been named No.1 in the country. This is a great honor that we couldn’t have done without our partners, providers, and you—the customers.
But, today what I’d really like to talk about is what to do if you get an offer on your house before it’s even on the market.
As crazy as this sounds, it can happen. If you’ve listed your home for sale with a broker and the broker has a database of buyers or they’ve done some sort of pre-marketing on your home, this can create pent-up demand.
This is something we, personally, do for our clients. We pre-market using Zillow and also by reaching out to our database. The reason behind this is that when a home garners pent-up demand it will be in a stronger position once it does hit the market.
In cases like these, the energy and demand for a home shows up immediately. So, what should you do if your home gets an offer before it’s on the market?
Simply put, you should do what you think is best. Accepting an offer is always the seller’s choice. You can listen to advice from your broker, attorney, and even your friends. But the decision is ultimately up to you.
This kind of situation may not be right for everyone, but there could potentially be a circumstance where a buyer is willing to pay a premium because they want to avoid your home being shown to anyone else.
But, today what I’d really like to talk about is what to do if you get an offer on your house before it’s even on the market.
As crazy as this sounds, it can happen. If you’ve listed your home for sale with a broker and the broker has a database of buyers or they’ve done some sort of pre-marketing on your home, this can create pent-up demand.
This is something we, personally, do for our clients. We pre-market using Zillow and also by reaching out to our database. The reason behind this is that when a home garners pent-up demand it will be in a stronger position once it does hit the market.
In cases like these, the energy and demand for a home shows up immediately. So, what should you do if your home gets an offer before it’s on the market?
Simply put, you should do what you think is best. Accepting an offer is always the seller’s choice. You can listen to advice from your broker, attorney, and even your friends. But the decision is ultimately up to you.
This kind of situation may not be right for everyone, but there could potentially be a circumstance where a buyer is willing to pay a premium because they want to avoid your home being shown to anyone else.
When a home garners pent-up demand it will be in a stronger position once it does hit the market.
Someone giving you an offer before your home is on the market could also lead to a quick and painless cash sale, which would allow you to move on and not deal with the stress and inconvenience of listing your home.
What to do in this situation largely depends on your financial situation. Weigh the offers when deciding what to do to come to the best decision.
It’s no secret that top agents like us at the Duncan Duo know how to generate this kind of early attention and energy around a house. Your choice is what to do next.
A lot of the time, it can actually be beneficial to put the home on the market because it generates competition around the terms and price.
This is why making a decision about when to accept an offer should be based on your unique needs. Every circumstance is different. There are even programs out there, like the one we have at our company, that will buy your home instantly.
We offer these kind of solutions because we want you to be covered and to be able to make the best real estate decision possible.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.
