Ignite FB Tracking PixelA home seller's guide: When should you consider accepting a purchase offer? - Selina Zhao
Vanguard Properties
Vanguard Properties
Selina Zhao, Vanguard PropertiesPhone: (415) 919-0000
Email: [email protected]

A home seller's guide: When should you consider accepting a purchase offer?

by Selina Zhao 12/23/2024

Top reasons to accept a home purchase offer featured image

With the constant flow and moving parts of the real estate market, as a home seller, you may feel the urge to jump on the opportunity to finalize the sell of your home as soon as you receive an offer. However, taking time to review some key facts before accepting an offer letter can help you make a well-informed decision and boost up your earning potential. 

Review your home selling goals

Before accepting an offer, review your home selling goals to make sure everything aligns. Is the amount offered within the range you were aiming for? Does the offer make your home selling journey easier, or will it require extra work, such as the proposal for extra improvements to be done to the property (for example, an updated roof)?  

If a proposal fails to meet your home selling goals, you may want to counter or reject the offer. On the other hand, if an offer to purchase falls in line with your home selling goals, you may want to approve the proposal.

Consider your home selling timeline

As you start to receive offer letters for your home, it’s essential to consider the timeline in which you’d like to sell the property. If you receive an offer slightly below your initial asking price from a buyer equipped to finalize the sell as soon as possible, you may be more prompt to accept the offer if you need to move out quickly. 

Consult a real estate agent

When you receive an offer to purchase your home, a real estate agent can provide expert information to help you decide if an offer is worth accepting. If the offer is below expectation, they can advocate on your behalf and help you counteroffer or help you in deciding to decline.  

Even though the home selling process can be stressful, it’s important to take your time as you make decisions each step of the way and collaborate with a real estate professional who has your best interest in mind.



About the Author
Author

Selina Zhao

Selina Zhao is a tech savvy real estate agent who brings over the top-notch marketing strategies, presentation, and negotiation skills to her clients. Selina always stays on top of the real estate market trends and stats. She applies strategies into different market situation and empower her clients to achieve their ultimate goal. During the first year of her real estate career in the Bay Area, she achieved an impressive $22.8M in sales. Selina’s experience on real estate sales ensure her clients get the care and attention they need as they make the crucial decision of buying and selling properties. Selina is vowed to provide excellent service, communication, and always an advocate for her clients.

Selina loves real estate, her career blended in perfectly to her daily life, and she loves to help others to achieve their American dreams. She works restlessly to get the work done. Immigrated from mainland China in 2007, graduated from University of Miami, Selina established her own online marketing company and her real estate career in Miami, Florida before moving to San Francisco in 2017. Her soul of entrepreneurship and cares for others encouraging her to pursue to be the best in the industry. Selina is also a former Miami HEAT video producer, who witness the team winning their 2012 NBA championship at the courtside.