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Anita Kay
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Buyer Tips | Seller Tips | General Tips | Real Estate Glossary

Your Realtor 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 two days or two years, there is always a desire to hold out for more money, and sometimes sellers feel a lot of resistance to making a decision.

Some buyers will include a deadline for getting a response in their offer, but even if there isn't a deadline, you should respond to a buyer's offer quickly. The period between the time an offer is submitted and a response is made is a crucial one because the buyers are free to withdraw from the transaction. 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.

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