Should I Accept the First Offer or Hold Out for More in Coomera?
Should I Accept the First Offer or Hold Out for More in Coomera?
When you put your home on the market in Coomera, one of the most common questions sellers face is: “Should I accept the first offer or hold out for more?” It’s a decision that can have a big impact on your financial outcome — and in a market like Coomera’s right now, understanding the local conditions and negotiation strategy can make all the difference.
Here’s a plain-English guide to help you decide.
📍 Current Property Market Snapshot — Coomera
Before digging into offer strategy, it’s essential to know where the market sits:
💸 Median Prices (Latest Data)
House median price: around $976,500 — trending upwards with strong buyer activity.
Unit median price: approximately $710,000 — with solid demand and rental yields.
For neighbouring Upper Coomera, figures can vary slightly — with houses closer to $1M+ and units around $750,000+ depending on recent sales.
This means Coomera remains a sought-after suburb on the Gold Coast, attractive to both owner-occupiers and investors.
🏡 What the First Offer Actually Represents
Many sellers assume the first offer is “the” offer — and sometimes it is. But real estate professionals often say:
“The first offer is often the strongest — but that doesn’t mean it should always be accepted.”
Here’s why:
✔ Pros of Accepting the First Offer
Motivated and ready: This buyer is often finance-approved and serious.
Less stress: You avoid lingering on market, weeks of inspections, or price reductions.
You lock in certainty: In fluctuating markets, a solid first offer can protect you from downward shifts.
❗ Cons of Accepting Too Soon
Missed competition: Waiting can spark competing offers, boosting your price.
Potential regret: Sellers sometimes regret accepting quickly if later offers show the market was willing to go higher.
Lack of leverage: Once signed, there’s no going back — and you can’t draw in a better buyer later.
🧠 A Smarter Approach: How to Decide
Accepting or rejecting the first offer shouldn’t be a gut call — it should be informed by:
1️⃣ How the Offer Stacks Up Against Market Value
Compare the amount offered to the recent median prices in Coomera. If the offer is close to, or above, the median, it’s worth serious consideration.
2️⃣ Market Activity Levels
Look at days on market and stock levels. If buyers are active and listings are low, holding out may prompt higher bids.
3️⃣ Your Personal Situation
Are you in a hurry to settle? Or can you wait for competitive bids? Your timeline matters just as much as market conditions.
4️⃣ Agent Negotiation Strategy
Real estate agents don’t just pass offers on — they can structure counter-offers that encourage competitive bidding without losing interest.
🧩 Negotiation Tips Every Seller Should Use
Here are practical tips to maximise your sale price in Coomera:
📌 1. Set Clear Expectations Upfront
Let buyers know you’re open to negotiation — but you’re not desperate.
📌 2. Use Counteroffers Strategically
Counteroffers can signal confidence in your price and encourage buyers to improve their bid.
📌 3. Time Your Decision
Avoid accepting offers before an open house — this can reduce competitive pressure.
📌 4. Stay Professional
Trust your agent to manage negotiation while you focus on your next step.
📊 Example: First Offer vs. Final Sale Decision
Imagine you list your Coomera home at $1,050,000:
First offer: $985,000 — slightly below median but with strong terms.
Second offer (after open house): $1,015,000 — higher and still solid.
If you accepted the first offer immediately, you may have left $$ on the table. But with strategic negotiation and patience, you could secure a better outcome.
📞 Ready to Get the Best Outcome for Your Coomera Home?
Selling property is more than price — it’s strategy. At Nortons Real Estate, we specialise in:
✅ Market-driven pricing advice
✅ Negotiation expertise
✅ Strategic marketing tailored to Coomera buyers
👉 Contact Nortons now for a free, no-obligation appraisal and personalised sale strategy that’s right for your goals.
📞 Steven Norton – 0488 496 777
📞 Lawrence Norton – 0415 279 807
📌 Disclaimer
The content in this blog is intended for informational and educational purposes only and should not be considered legal, financial, or real estate advice. Market conditions and property values are subject to change. Prospective sellers should obtain personalised advice from qualified professionals before making any property sale decisions.