First Offer May be Best

Sellers who knock back offers on their home hoping for a better offer down the track could be sadly disappointed.
 
YOU SHOULD CONSIDER YOUR FIRST OFFER CAREFULLY

The impulse to "wait and see" is a common mistake many sellers make.  It is not uncommon to find properties selling several months down the track for a lot less than the original offers, wasting vendors' valuable time and yielding disappointing financial results.

Sellers interested in assessing market value could get a good indication of fair price by analyzing recent sales in their area and by discussing market values with their local First National Real Estate office.  Look at the competition to analyse what your house is worth. First National Real Estate can also provide a list of recent comparable sales in your area, or you can obtain information through the relevant State Government departments.

If the home is overpriced, you will have difficulty selling it. Buyers generally have a very sound knowledge of market value since they have generally looked at quite a number of homes before purchasing.