Crazy Owners

By Justin Eslick

The festive season can really mess with people's heads. Either that or they don't really understand the full implications of this time of the year and selling property.

This week I had an offer rejected on a property. Nothing unusual about this. I must make sure my clients are buying well so I won't let them pay too much. This does result in some great buying, but also some rejected offers. What was unusual is this person wants to sell, is asking $450k and rejected $434k... in a quiet market... less than two weeks before Christmas!

This means they have about 1 week to secure a sale, or they can virtually forget about selling for at least a month. The agent is going on holidays. Buyers are going on holidays. Solicitors, accountants, inspectors and consultants are all going on holidays.

If you are selling and you get a good offer, or even an average offer in the week or two leading up to Christmas, be sensible and accept it!