What is in an Offer?
An offer is how potential buyers communicate that they would like to buy your home. It will say it is a “contract” to buy your home, but unless you sign it, it is just a description of how the buyers, in their ideal world, would like to proceed. In other words, it contains the price they say they are willing to pay (which may or may not be the price at which you have listed your home), as well as other terms and conditions, such as when they would like to close the purchase and take possession, and the conditions under which they would be able to cancel the purchase contract before closing. What you need to know is that every one of those terms and conditions may be negotiated, if they are not acceptable to you.
My job is to:
- Review the offer with you and explain everything so that you understand it clearly.
- Give you my professional assessment as to the quality of the offer. If there are things that concern me, I’ll point them out to you.
- Suggest whether I think you should accept the offer as written, reject the offer, or make a counter-offer.
- Prepare a counter-offer, if necessary, changing terms and conditions that are not acceptable to you.
- Negotiate with the buyer (usually through the buyer’s agent) on your behalf, so that you and the buyer reach a mutually acceptable solution to contract terms.
- Prepare all the necessary documents, and work closely with the buyer (or the buyer’s agent) to make sure the transaction goes through as smoothly as possible.
- Communicate with you throughout the entire process.
I would be happy to discuss the contract process further. If interested, please submit the form below or call or email me for a no-obligation personal consultation.