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Accepting an offer

Accepting an offer

The Price Is Not Always Right.

A common misconception in real estate is: The higher the price, the better the offer. However, there are several reasons why price is not always the determining factor when accepting an offer, such as the fact that the initial offer is usually not the final amount. In order to get you the best offer possible, we will 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 winwin agreement that is beneficial to all parties involved. In some cases, you may have to go through multiple offers before ratifying the one you judge to be the most suitable for you. As your agent, 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, it 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:
  • Keep written records of everything. 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, 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 an offer, you and the buyer will receive a timeline detailing 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 both parties involved are 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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