Is the first offer always the best? Michael Tomadakis advises Melbourne sellers never to dismiss or blindly accept the first offer. History shows some ‘first’ offers are indeed the best—especially in competitive markets—while others leave room for negotiation or signal a stronger buyer may emerge. The key is context: are there genuine alternative buyers, is the timing early in the campaign, and does the offer align with comparable sales? Michael’s approach is to weigh every offer against real evidence, buyer behaviour and timing, and always consult your agent before deciding.
Need a strategy to maximise your sale? Contact Michael Tomadakis and Collings: www.collings.com.au/portal
Find your next property with Collings
Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.
