When an offer comes in you will be advised and we will help you to obtain the best possible price and terms. Understanding the standard forms and the many transactional issues is key to negotiating the best terms to meet your individual needs. Making sure buyers are pre-qualified is of utmost importance in negotiating a successful sale. Your Listing Broker will promote your interests and assist in developing a clear and binding transaction with the buyer. Typically an offer is initiated by the buyer through their Agent and includes the following information:
The amount the buyer is willing to pay
Mortgage amount they will be borrowing, if any
Closing and occupancy dates
Earnest Money Check
Contingencies, such as mortgage commitment, building inspections and pest inspections to include where appropriate (but not limited to): termite, pest, water potability, well, lead, septic, oil tank, and meth.
Any personal property specifically included or excluded
If the offer is not acceptable to you, further negotiations may be necessary to reach terms agreeable to both you and the buyer. Because counter-offers are common (any change in the offer can be considered a counter-offer) it is important that you remain in close contact with your Sales Associate during the negotiation process so that proposed changes can be reviewed and responded to quickly.
Under Contract
Throughout the transaction process, you will need to closely monitor the progress of all contract contingencies to make certain that all deadlines are met. On the day of closing, the buyer will have a “final walk through” to make certain that the house is left in clean condition and has been thoroughly vacated.
