Weighing 8/10 of a Bird in the Hand
It’s always tougher for a Seller to reject an offer when the alternative is . . . nothing.
That’s never more true in the housing market than in the waning days of December, with the holidays upon us and Buyer activity slowing to a crawl.
So, instead of representing the proverbial “bird in the hand,” at least some Buyers try to snatch properties by dangling 9/10 of a bird, or even 8/10.
And every year, some home Sellers — suffering from market fatigue, and worried about competing, new inventory after the 1st — surprise Buyers by accepting.
