
You're getting your home ready to be listed for sale - cleaning, finishing a few small projects, we're about to schedule photos - when someone (a neighbor, friend, or friend-of-a-friend) says they want to buy it... before it's officially listed for sale.
Should you consider it?
Here are a few upsides - and downsides - to keep in mind.
Upsides...
Less prep - You might skip some last-minute cleaning, staging, or repairs.
No showings - Avoid the hassle of keeping your home spotless and ready to vacate.
Less uncertainty - You'll know right away that your home is sold.
Potential savings - No need for professional photos or listing expenses.
Downsides...
One offer instead of (possibly) multiple - You miss the chance for buyers to compete and drive the price up.
Fewer (possibly) waived contingencies - In a hot market, competition can lead buyers to waive inspections or appraisals.
Harder to gauge value - Without public exposure, it's tough to know if you're getting the best price.
Bottom Line...
Selling your home before it hits the market for sale can definitely be a simpler process, but sometimes it might leave money on the table. If convenience is your top priority, it could be a good option. If you want to maximize your price and have the best contract terms, it's usually best to list.
Curious what's right for your situation? I'm happy to talk it through.