Morrow County, Ohio Real Estate

Your real estate agent has just brought you an offer on your home, and you want to think about it. You would like your agent to contact the other people who have shown an interest in your home. Whether your home has been listed for three days or three months, there is always a desire to hold out for a better offer, and I understand how sellers can feel considerable resistance to making a decision quickly.

Some buyers will include in the offer a deadline for getting a response, but the seller should respond to an offer quickly even if a deadline is not specified.

The interval between when an offer is submitted and when a response is made is a crucial period because the buyers are free to withdraw from the transaction during this time. Even though they are mentally landscaping your yard and arranging their things in your rooms, they may also be afraid that they will get the house, and are, therefore, extremely vulnerable to buyers' remorse.

Remember the old saying "Bird in hand is better than two in the bush".  Having a buyer in this market who is "ready, willing, and able" is something worth hanging on to.  Don't be penny wise and pound foolish by dragging your feet on a response to a serious buyer.