In todayâ€™s highly competitive sellerâ€™s market where there are more buyers than there are homes for them to buy, some sellers may feel like the ball is in their court.
And they would be right when it comes to choosing which offer to accept, the closing date, or even which improvementsÂ they are willing to make to their house prior to selling.
One thing to remember though, is that there is always a line that shouldnâ€™t be crossed.
Interest rates can change, financing might not go through, the appraisal might not come back at the price that you have agreed to. These are all opportunities to work with your buyer to make sure that the sale still happens.
You may think that, because buyer demand is so high right now, you can choose to make your buyer jump through hoops. But what happens if they reach their limit and need to walk away? Youâ€™re starting overâ€¦ weeks, maybe months laterâ€¦ and other buyers may wonder whatâ€™s wrong with the house since the last deal fell through.
The Golden Rule
We were all taught from a young age to â€œtreat others as you would like to be treated.â€ This shouldnâ€™t change once you have a buyer who seems as though they would do anything to buy your home.
Source: Simplifying The Market