Should I accept the first offer?

Should I accept the first offer?

Tina Jesson (Property Developer / Marketer) gives expert video advice on: Should I accept a low offer if my estate agent tells me to?; Should I take the property off the market once I've accepted an offer? and more...

You've got to bear in mind when you're accepting offers on the property that you've just developed that every month that goes by is costing you money, so the fact that somebody's prepared to offer you anything at all should really be taken seriously. If the first offer was somewhere between 2 and 5 percent of the original asking price, you'd really be foolish not to accept the first offer, because each month that goes by is going to cost you money on your mortgage. You've got to take that into account.