Your real estate agent or Realtor has just brought
you an offer on your house, and you want to think about it. You would like your
agent to contact the other potential buyers who have shown an interest in your home.
Whether your home has been listed for one months or one year, there is always a
desire to hold out for more money, and sometimes sellers feel a lot of
resistance to making a decision.
Usually buyers will include a deadline for getting a
response in their offer, but even if there isn't a deadline, you should respond
to a buyer's offer quickly. The period between the time an offer is presented
and a response is made is a critical one because the buyers are free to withdraw
from the transaction. Even though they are imagining changes to your yard and
arranging their things in your rooms, they may also be afraid that they will get
the home, and are, therefore, extremely vulnerable to buyers' remorse.