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Writing An Offer
What happens when an offer is submitted?
You found the home that you want to live in, so now it is time to write an offer. The location, the price, how long it has been on the market, and other variables will play into what your offer will look like. We will work together to make the offer competitive.
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Your formal offer will be documented in writing on a purchase contract.
The offer will include:
• Sales price
• Earnest Money amount / downpayment
• Seller-paid concessions
• Contingencies
• Personal property
• Inspections
• Possible other terms
Extending an offer
Once the offer is written and presented to the seller by their listing agent, the seller can accept, reject, or counter the offer to purchase. The offer can be countered back and forth several times until both seller and buyer come to a mutual agreement, or one of the parties wishes to reject the offer or counter offer.
Offer to Purchase
1) Accepted
2) Rejected
3) Counter offer
