We got an offer on the house yesterday, Tuesday. After some
consideration, we rejected it. The problem wasn’t the price
offered, which was reasonable, but the attached contingency. If we
accepted the offer, the prospective buyers would put their townhome
up for sale and would need to sell it prior to our being able to
close on our deal. That doesn’t sound too ominous but consider
these facts… first, we’ve only been on the market for a little
more than a week; second, during that week, we’ve had strong
activity, including two second-showings; third, we’re just now
getting into spring, the prime house selling/buying time. If we
accepted the offer with the contingency, it puts our house in a
sort-of limbo status… technically, still “on the market”, but
most agents don’t show houses that have contracts pending. Our
activity would go way down and we’d miss a lot of potentially
better deals. The townhome the prospective buyers need to sell is in
an area where a number of other properties are for sale and where
recently closed sales had been on the market for 100 days or more.
We’re rolling the dice that we’ll find a buyer that can close
quicker.
Today, Wednesday, is “real-estate agents day”. What this means
is that agents from all over the area are out familiarizing
themselves with properties recently added to the multiple listing
service. The selling agents make these properties “available”,
which means they’re cleaned up, lights and candles on, owners out,
and ready for inspection. Often, as our agent is doing, they’re
enticed to show up by means of a free bottle of cheap wine and a
chance to win a $50 drawing at a local wine store, where presumably
they’d be able to get a better bottle of wine. Besides getting up
early today and getting the place ready to show, we’re evicted from
the house for a few hours. Dar’s off today, so we treated ourselves
to breakfast and, with laptops in tow, headed to the local library to
hide out and do some work for a couple hours.
The weather is predicted to be warmer in the next few days and
spring can’t be far. We’re hoping the warm weather brings out
buyers with money.
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