11/02/2021
In a hot seller’s market where there are more buyers than homes for sale, many home sellers make the decision when they list their home to “hold offers” and wait for a certain date and time to review them. This is a smart strategy for a seller who has properly priced their home, as it allows the most buyers possible to see the home, and increases the chances of the sellers getting a bidding war and (in some cases) driving the selling price up.
In response to the increase in sellers holding offers on their listings, bully offers, also known as preemptive offers, are designed to incentivised the seller to go with their offer quickly.
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Wardah Mughal
647-720-9630
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homesbywardah.com
