Market Wise Accepting Offers Too Soon & Too Many Days on the Market

Pat’s “Market Wise” real estate Q&A advice column runs in the Pulitzer Prize-winning San Jose Mercury News on the first and third Sunday. Look for it in a Bay Area News Group newspaper near you.Marketing and strategy

It does not matter if it is a hot, warm or cold market real estate market when it comes to letting a listing “breathe.” Sellers who make sound decisions in a timely fashion, outperform home-sellers who make poor decisions in an untimely manner. Letting a buyer’s purchase offer languish is just as bad as accepting his or her offer on day one. In my latest “Market Wise” Q&A we speak to the rarely advantageous “pre-emptive offer.

 

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The other question in this column broaches the issue of “Days on Market” (DOM). Often misunderstood, but every property always has a great narrative with its “DOM.” Lest we forget, listing agent and/or sellers can speed up or elongate the time on the market. If you are a real estate enthusiast, a licensee or just thinking of making a move; you’ll enjoy the following dialogue.

Your Silicon Valley Award-Winning RealtorĀ® Pat Kapowich

 

Pat Kapowich is a Full-Service RealtorĀ® and Silicon Valley Real Estate Columnist

Pat Kapowich is a Full-Service RealtorĀ® and the Silicon Valley Real Estate columnist of the “Market Wise” Q&A column.

 

Read Kim C.‘s review of Kapowich Real Estate on Yelp