Home Selling Tips: Don’t Quibble, Celebrate

After months of waiting and maybe lowering your price several times, the amazing day comes when you get an offer. It’s for a few thousand less than you really wanted. You say to yourself, “My price is already low, it’s the principle of the thing!” So you face a dilemma: You want to sell your house already, but you don’t want to give it away.

Let me tell you a quick story: During my last house hunting mission my husband and I found a baby blue house we liked. We made an offer on it for a few thousand less than the asking price, but the owners wouldn’t budge. Instead they countered by offering us their rusty garden tools and stinky composting bin. (Which they probably didn’t want to haul with them anyway on their long distance move.)

We walked away from the deal. These days with the high inventory of attractively priced, beautifully appointed homes out there — with more being added all the time — we knew that if we didn’t get this house, we’d find another we liked as much or more. (And we did.)

Meanwhile the baby blue home sat on the market for many more months. The owners finally sold their house for many thousands less than our original offer. Had they accepted our price, they would have moved on to their new lives a lot sooner and with a lot more money in their pockets.

The moral of the story is, of course, if an offer comes along and it’s just a little lower than you want to go, you may want to consider accepting it anyway. Especially if you really want to get going… especially if the buyers don’t have to sell their house first, and they provide a firm offer. Don’t quibble. Celebrate. You never know how long it will be until that next offer comes in.

Want more home selling tips? Check out the Home Seller’s Blues Ebook. Now also available on the Kindle through Amazon, or at the Apple iBook store.

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