Accepting an Offer

The Price Is Not Always Right.

This passage argues that the highest-priced offer is not necessarily the best offer. While price is important, it should not be the only factor when evaluating an offer because:

• The initial offer is often negotiable, so a higher first offer may not remain the highest after negotiations.
• Other terms and conditions—such as financing, closing date, contingencies, repairs, warranties, or flexibility—can make a lower-priced offer more favorable overall.

In other words, when comparing offers, it's important to consider the entire package, not just the price.

Negotiating The Right Way.

I take the ethical responsibility of negotiating contractual terms fairly very seriously. My role is to help you secure a win-win agreement that benefits all parties involved. You may receive multiple offers before deciding which one best meets your goals, and as your agent, I will provide a thorough and objective assessment of each offer to help you make an informed decision.

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. I 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 I will keep you constantly updated so you will always be prepared for the next step.