Once feedback from buyers has been received either in person, on the phone or both, selling agents will then relay that information back to the vendors with suggestions to help them make the most calculated decisions moving forward.
Buyer feedback is important because it helps determine the markets thoughts, feelings, level of interest and also how receptive it is to the property’s pricing.
After the first or second round of opens, you should have at least some kind of an indication for where the property stands in the market.
From here, you can assess the progress of the campaign to help determine the next steps moving forward.
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This information is of a general nature only and does not take into account your objectives, financial situation or needs. We are not financial, legal or tax advisers. You should seek appropriate professional advice specific to you before acting on this information.
