Showings are not offers

 It is true that more home buyers out looking and home sales are up from a year ago but having a lot of showings is not the same as getting an offer.   It is possible to have several showings each week and not get any offers.  I have had to explain this to buyers, sellers and some agents in the last couple of weeks.

Do not turn down a less than perfect offer on your home just because you have had a lot of showing.  Negotiate with the buyer.  You may not get another offer anytime soon.  Having buyers see your home is the first step in getting it sold and it is a positive sign when there are many showings on the home.  

I think the reason we are not seeing offers on some of the homes that are getting a ton of showings is because there are motivated buyers but the inventory of homes on the market is small.  Buyers have fewer choices but the savvy buyers will wait until the right home comes along because they know they don’t have to settle. 

If your home is on the market right now in St. Paul and it isn’t getting any showings there is something wrong.  It is either over priced or it isn’t being marketed properly on the internet with a lot of beautiful photographs and some flowery words.