Newsflash: Buyers first offer low in a seller’s market. Negotiate or stand-pat?

We are in north texas and everyone keeps telling us it’s a seller’s market. Our house has been showing for approximately 12 days. We got our first offer in 15k under asking. Our agent informed us the first offer on the house is usually the highest and best. If we refuse it could be awhile before we get another offer. But I thought we were in a seller’s market.My questions is the first offer is typically the highest offer? The longer it stays on the market the more lower offers we’ll get (it’ll be seen as more negotiable). Should we consider dropping a bit and settle for lower, or wait?

Read more at https://www.reddit.com/r/RealEstate/comments/6e9dnx/buyers_first_offer_low_in_a_sellers_market/?utm_source=ifttt

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