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Should You Accept the First Offer You Receive When Selling Your House? (Spoiler Alert: Probably!)

17 Tuesday Jun 2025

Posted by Jennifer Hanley in Uncategorized

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Once a seller gets an offer, they often wonder if it happened too fast, and whether it’s the best offer they’re going to get, or if they should wait for a better one to come in. If they’re smart, they should probably take the first offer that comes in, because there’s an old real estate rule of thumb that typically holds true: the first offer you get is usually the best offer you’ll get.  Unfortunately, that’s not always the choice a homeowner makes. Sometimes they feel like perhaps their agent is just saying that to make their job easier, and to collect a commission check more quickly. Or they wonder if they’re the exception to the rule, and would be leaving money on the table by not holding out for another offer. There Are Exceptions…

Exceptions to the rule can arise in specific scenarios. Here are some common situations where the “first offer is usually the best” rule might not apply—or where accepting quickly could still be wise. In Jacksonville’s current balanced 2026 market (with 4–5 months of inventory, median prices around $280,000–$365,000, and days on market averaging 50–84), these factors help sellers decide:

When you get an offer as soon as it hits the market A rapid offer (within days) often signals strong demand, especially in desirable areas like Ponte Vedra, Mandarin, or near the beaches. However, it might not be the absolute best if more showings or bids are likely—recent data shows some Duval County homes still draw multiple offers despite longer overall market times.

When it’s a cash offer Cash removes financing risks, speeds closing, and often waives contingencies, making it highly attractive. In Florida, where cash buyers are common (especially retirees or investors), this can be the strongest offer—but not always the highest price if a financed buyer is willing to pay more in a stable market.

When the offer doesn’t have any contingencies No-inspection, no-appraisal, or no-financing contingencies reduce seller risk and simplify the process. This is especially valuable in Jacksonville, where appraisal gaps can occur. Still, a slightly lower price with minimal contingencies (e.g., a quick inspection only) might net you more overall.

When there isn’t much interest in your house Low showings or few inquiries often mean the first offer is genuinely the best available. In slower pockets or during seasonal lulls (e.g., summer heat or holidays), prolonged market time frequently leads to price reductions and weaker subsequent offers.

When you need to sell fast Relocation, financial pressure, or life changes make quick acceptance smart to avoid carrying costs (mortgage, taxes, utilities, HOA fees). In these cases, even a slightly lower offer saves money and stress compared to months of holding.

When your agent advises you to take the offer This is usually the strongest indicator. Your agent has access to local comps, recent sold data, current buyer activity, and market trends (like stabilizing prices in Jacksonville). Trusting their recommendation—backed by experience—often outweighs second-guessing, especially when they say the offer is competitive for your property’s specifics.

These scenarios help weigh whether to accept the first offer or hold out. The key is balancing risk, timing, and local market realities—your trusted agent is the best resource for applying these to your situation.

But to be fair, there are exceptions to the rule. For instance, while all of those could be solid reasons to take the first offer that comes in, it’s not necessarily true in each and every situation:

Sometimes an offer coming in days after listing your house isn’t the best offer you could get.

Or just because it’s a cash offer, doesn’t mean it’s the best offer.

An offer without contingencies is great, but not if the price is far below what you could get from another buyer who has contingencies you’re comfortable with.

Not having much interest in your house might be related to the current market, time of year, and a little patience may be needed.

Needing to sell fast can make people desperate, but perhaps your agent feels hanging on for another couple of weeks will be worth the risk and wait considering your situation.

Out of all of them, the one you could say is the most true is to listen to your agent if he or she suggests you take the first offer that comes in; they’re the ones with the experience and knowledge to know if the first offer you receive is worth taking in your situation. 

The problem is, you need to trust your agent if and when they advise to take the first offer!

The solution is pretty simple: hire an agent you trust. 

Here’s Why the First Offer Is Usually the Best…

Even when you hire an agent you trust and they suggest taking the first offer you receive, there’s always a chance you could doubt the advice. In order to avoid that, it might help for you to understand why the first offer is usually the best offer you’ll get. 

Agents aren’t just making it up. It comes from experience, and isn’t something your agent will necessarily be able to prove with data. Over time, agents see enough situations where a seller opted to forgo the first offer that came in — hoping for a better one — only to eventually accept an offer for less than the first offer they received. 

Here’s why the first offer is usually the best offer:

Buyers are on top of every house that gets listed pretty much the minute it hits the market nowadays, due to the Internet.

The most serious, motivated buyers have likely seen everything that’s currently on the market and either decided it wasn’t right for them, or not worth the price.

There’s also a good chance they’ve missed out on houses they did want to buy because another buyer beat them to the punch, or outbid them.

To put it simply… they know the inventory. They understand the values. And they don’t want to lose a house they want to another buyer. So the first offer you receive is most likely going to come from the most serious buyers in the market, and they’re going to make as strong an offer as possible.

Will you get offers from other future buyers if you turn them down? Sure. but they probably won’t be as good as the first because they’re not as motivated, and the longer your house is on the market, the more buyers feel like they can offer less, and negotiate on the price and terms.

That Doesn’t Mean You Shouldn’t Negotiate…

While the first buyer you get an offer from is likely to be the best one, their initial offer might not be. There’s a good chance you can negotiate with them and get them to increase their price and/or other terms of the deal. So don’t take all of this to mean you should just sign on the dotted line for whatever they offer you at first. But once you (and your agent) feel like you’ve gotten the best price and terms the buyer is willing to offer, you should seriously consider taking it.

The Takeaway:

While there are exceptions to the rule, the first offer you receive is usually the best one you’ll get when selling a house. That doesn’t mean you can’t negotiate and get the buyer to offer better price and terms than they start off with. But the first buyer to make an offer is most likely serious, motivated, and highly aware of the market, so they’re probably going to make a strong offer in order to avoid losing the house to another buyer.

Get in touch day for other good advice! Jennifer Hanley, REALTOR The Hanley Home Team of Keller Williams Realty Atlantic Partners Southside 904-515-2479 HanleyHomeTeam.com

2 Easy Real Estate Tips

21 Sunday Jul 2019

Posted by Jennifer Hanley in Uncategorized

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Air Conditioning, contingency offer, DIY, energy bill, energy efficient, Hanley Home Team, Jacksonville Real Estate, Making an offer, Making an offer on a home, offer on a home, real estate, real estate offer, real estate tips

Top Tips to Make Your Offer Stick
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House in HandIt’s that time again, when the real estate market is as hot as the summer sun. Low inventory, multiple-offers, and offers that soar over asking price are great for sellers, not so much for buyers. If you’re looking for an edge to ensure you get the home you want, here are a few tips.

Up your budget
If you’re a first-time buyer looking in a lower price range, you’re in the most competitive market. Getting pre-approved for a little more could move you into a higher price bracket and eliminate some competition. Adding even a few thousand dollars could make the difference, and the change to your monthly mortgage payment will be negligible.

Cut associated expenses
If you’re worried about upping your budget, think of ways to save on associated expenses, and put that money into your mortgage instead. Look for homes without a homeowner’s association. That could save you several hundred dollars per month. Look at areas where you don’t have to pay a toll for your daily commute (or, better yet, where you don’t have to drive at all). Those savings add up.

Watch the contingencies
“Sellers have the upper hand in a multiple-bid situation, and they want offers that are clean and concise,” says NerdWallet. Asking the seller to pay closing costs, purchase a home warranty, or requesting that they make small repairs like fixing a leaky faucet can get your offer thrown in the trash.

Be flexible
In a multiple-offer situation, the seller is looking for the easiest path to closing. The trick is finding out what they really want—beyond the right price, of course. It could be that a shorter closing would do the trick. Or maybe you can offer them the opportunity to rent back until they’re ready to make their move.

Write a letter
Yes, writing a sappy letter to the seller telling them all about you and why you love their home is shameless pandering, but sometimes shameless pandering works. Include a picture and don’t hesitate to include your cute kids or four-legged friends.

4 DIY Things You Can Do to Lower Your Energy Bill This Summer
decorative image
If you live in a place where summer heat is an issue, this time of year can mean substantially higher energy costs. Here are four low-cost, high-impact changes you can make on your own to save money and keep your home more comfortable this summer.

Clean your window sills
A few seasons worth of dirt and soot can prevent your windows from closing all the way. Even a little air getting in can make your AC less efficient and raise your electric bill. Drafty windows are the top energy leak in a typical home, accounting for up to 25% of a home’s energy loss.
Cost: $0-5 (cleaning spray and paper towels)
DIY level: Easy. You can even make this a chore for the kids!

Install a door sweep
“A common place where air leaks occur is under the door leading from the house to the garage because they are often not as well sealed as doors leading directly to the outside,” says Energy Star. Install a door sweep to seal the gap between the bottom of your door and the threshold to prevent cold air from escaping your home.
Cost: $10-15 (per door)
DIY level: Easy. Use a drill to make holes in the door and screws to attach the sweep.

Caulking Window Frame

Caulk your windows
Window air leakage can be reduced by applying a continuous bead of caulk around the window trim where it meets the wall, at the mitered joints of the trim, and between the trim and the frame. Make sure the caulk is intended for indoor use and can be painted. Using Charlotte, NC as an example, the Department of Energy estimated that the average homeowner could save 14% on heating and cooling costs each year with proper air sealing and insulation.
Cost: $3-5 (caulk)
DIY level: Medium. Caulk can get messy, so go slow.

Check your ducts
Ducts are used to distribute AC and heat throughout houses with forced-air systems “In typical houses, about 20% of the air that moves through the duct system is lost due to leaks, holes and poorly connected ducts.” says Energy Star. “The result is an inefficient HVAC system, high utility bills, and difficulty keeping the house comfortable, no matter how the thermostat is set.” You can check all the ducts you can access, such as those in the attic, crawlspace, or garage. Look for holes and tears, and seal them using mastic or metal tape.
Cost: $5-10 (roll of tape)
DIY level: Medium. It’s just taping, but you’ll likely be dealing with tight spaces and a few creepy-crawlies.

Lowball Offers Can Hurt

20 Wednesday Aug 2014

Posted by Jennifer Hanley in Uncategorized

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Buying a home, Jacksonville FL Real Estate, Keller Williams Realty Atlantic Partners Southside, lowball offer, Making an offer on a home, Negotiating an offer, offer on a home

We represent our clients professionally and responsibly. We’ll submit any offer our buyers request that we submit, but there are some things you might not realize about the “lowball” offer and how it might actually hurt your home search.

For many sellers (even those who you think might be a little desperate to sell), the lowball offer can come across as frivolous, or even insulting. If you’re truly interested in the home, bidding so low can actually backfire badly. Insulted sellers are less willing to negotiate and in many cases won’t even submit a counter offer.

Now, this might not be the end of the line with that seller, but if you do decide to make an offer closer to something the seller is willing to accept, you may find them utterly inflexible when it comes to negotiations. Basically, the lowball experience leaves a bad taste in the mouth, while a reasonable offer opens the door.

Feel free to call us or email us with your thoughts or questions. We are here to help you make an important decision and we are here to help navigate you through the home buying process in a win-win fashion. Kevin and Jennifer Hanley, REALTORS http://www.HanleyHomeTeam.com 904-422-7626 Keller Williams Realty Atlantic Partners Southside

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