Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?
The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.
The Jeanne Walters Team Jeanne Walters Real Estate 107 E 6th Street Bloomington, IN 47408 Tel: (812) 331-8951 Fax: (812) 331-7532 Toll Free : (866) 877-6677 Email: info@JeanneWalters.com
I truly love my work and consider myself extremely fortunate to be associated with fine colleagues. I enjoy my clients as well and value the opportunity to play a part in important times of their lives. Since 1982 I have completed designations for GRI, CRS, ABR and many fascinating real estate classes.
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