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Reply to "Would you write an offer on a Coming Soon listing?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sellers almost certainly will not accept the offer. They will (perhaps correctly) take it as a clear indication that they have a very desirable house to sell in a hot market. [/quote] they might if they are doing a ton of work on the house prior to the listing going live [/quote] Let's be real, maybe one out of a thousand sellers would accept an offer while their home is "Coming Soon." Especially if the buyer is including an inspection contingency.[/quote] We did. It was when the market wasn’t as hot. We’d planned on listing at $850, but told the buyers $900 and they took it. Since the market wasn’t as hot, and comps were closer to the mid-800s we weren’t sure if we’d trigger a bidding war, and we didn’t want our listing to go stale if we overpriced the house. Plus, we had a small child and pet, so were not looking forward to open houses or showings. We only had a sign in our yard, though, not a Coming Soon listing, so if OP had come in “full price” we probably wouldn’t have taken it. We’d only consider the “what price will cancel the open house” one. [/quote]
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