Is the peak over? Selling in Chicago and wondering if we take our first offer or wait after listing for three days Rates going up seem to be impacting the market.

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Three days won’t break the bank unless your first offer is above asking already OR it’s a cash offer and you need the cash flow immediately. I would wait.

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We don’t need the cash but seller agreed for us to pay rent through mid-June post close. Not a lot of showings this weekend and also wondering if rates going up will squelch demand as rates have already gone up. We countered with 5k below list to sellers offer of 25k below. Chicago is not a hot market, though there is a lot of activity lately

Neighborhood. Not terrible but not great either

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