Accepting an Offer
The Price Is Not Always Right.
“The higher the price, the better the offer.” Do not let yourself be
fooled by this popular misconception. Price is not always the
determining factor when accepting an offer for several important
reasons: the initial offer is usually not final, and there are a number
of terms and conditions that may influence the final outcome of a price.
You can trust our professionals to help you thoroughly evaluate every
proposal without compromising your marketing position.
Negotiating The Right Way.
We take the ethical responsibility of fairly negotiating contractual
terms very seriously. It is our job to find a win-win agreement that is
beneficial to all parties involved. You may even have to deal with
multiple offers before ratifying the one you judge to be the most
suitable for you – and as your agents, we will guarantee a thorough and
objective assessment of each offer to help you make the right choice.
The Initial Agreement and Deposit.
An effective agreement is a legal arrangement between a potential
purchaser and the property’s seller. Laws vary from state to state, but
in order to be a legally, binding agreement, the agreement may require
consideration. This consideration (initial and additional deposit) is to
be held in the closing agent’s escrow account pending the fulfillment of
conditions or contingencies in the effective agreement.
Some important tips to keep in mind to streamline the process even
further:
Keep written records of everything.
For the sake of clarity, it will be extremely useful to transcribe all
verbal agreements including counter-offers and addendums, and convert
them to written agreements to be signed by both parties. We will assist
you in drafting all the paperwork for your sale and make sure that you
have copies of everything.
Stick to the schedule.
Now that you have chosen your offer, you and the buyer will be given a
timeline to mark every stage in the process of closing the real estate
contract. Meeting the requirements on time ensures a smoother flow of
negotiations and also ensures that each party involved is not in breach
of their agreements. During the process we will keep you constantly
updated so you will always be prepared for the next step.
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