After found the home you’d like to buy, the next step is to make an offer. You should work with your buyer agent to address all of your questions and considerations. Any offer should include a sale price and clauses for various terms of purchase, such as the closing date, possession date, your deposit amount, and other conditions. Once you’ve written the offer, your agent will present it to the seller and the seller’s representative for consideration.
What can happen to an offer after it is made?
- Acceptance – Congratulations, you’re on your way!
- Rejection – Time to re-evaluate your desire and either make a new offer or move on.
- Counter-offer – The most typical scenario, seller is signaling it’s time to negotiate.
Your Buyer Agent will help you draft and present your offer in a way to ensure the greatest chance of acceptance, using his or her experience to present an offer with the greatest appeal to the seller, but retaining the highest control as you enter negotiations. Nothing is more important than knowledgeable, experienced, and effective representation during the negotiating phase of the buying process.