Few people put their house on the market hoping for a long, drawn-out process. So it can be tempting, if you put your house up for sale, to take the first offer that comes your way—especially if that offer is competitive.
Equally tempting? Waiting to see what the next offer is. It’s a bit like gambling, in a way: Eschewing the sure thing for a chance at a bigger payout. Your home is nice, the price is right—what if someone else swoops in and offers more, or makes an all-cash offer, or otherwise gives you something that the first offer didn’t?