Should you accept the first offer? Michael Tomadakis says: “Context is everything.” Sometimes the first offer is the best you’ll receive—especially if the buyer acted quickly after inspecting, is unconditional, or matches recent comparable sales. However, accepting an early offer without proper evidence or competitive tension can mean leaving money on the table.

Michael’s process is clear: assess buyer motivation, compare the offer to recent inner-north sales, and gauge the level of genuine competition in play. “Don’t judge an offer simply by its timing,” he says, “judge by evidence.” If several buyers are circling, competition can push up the price—but if genuine urgency isn’t present, accepting the first strong offer may be the best result.

Thinking about selling? For an honest, data-driven appraisal, connect with Michael Tomadakis at Collings.