It's been 2 weeks. You have had a ton of showings, but no offers.... what's going on?
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The good news is that your marketing is working. Buyers are walking in your front door (lets not minimize how difficult this task is).
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The bad news is that by not putting in a offer, the buyers are telling you non verbally that your asking price is to high.
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In other words, whatever you are offering is not worth your asking price, so they simply pass on it.
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If you are in this situation, it's time to reevaluate your pricing strategy.
Your "Days On Market" should say "0"
Ask your agent to show you your MLS listing.
Make sure the "DOM" or “Days On Market” reflects the actual amount of time you have been on the market.
How to know if a buyer can afford to purchase your property
If a buyer is submitting an offer on your home, you want to know if they can afford it right?
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Here is what the buyer will turn in to you when they submit an offer:
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-their purchase contract
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-their pre approval letter from their lender
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-their bank statement, AKA, their proof of funds
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The last 2 will show you if they can get a loan and if they have the cash for the down payment.