The Process Of Making An Offer

While viewing homes, our real estate agents will provide you with background information on the area and market conditions to help you make an informed buying decision. Once you are ready to purchase, they will draw up your offer and review every detail. The offer is known as an Offer to Purchase or an Agreement of Purchase and Sale.

We will tell the seller’s agent they have an offer on the property. There may be more than one offer from different purchasers at the same time. Should this occur, we will review the process with you.

Our agents will then make an appointment, at the very earliest time, to present your offer to the other parties. Real Estate RESULTS negotiates the offer on your behalf and represent you and your best interests.

The seller may accept the offer, reject it, or countersign the offer. A counter offer from the seller may be in reference to price, closing date, or other variables. Our real estate agents will communicate with you shortly after the presentation of the offer to go over the next steps.

The offer may go back and forth. You as a purchaser have the same three choices: to accept the counteroffer, to reject it, or to countersign it again back to the seller.

After there has been a “meeting of the minds” and the price and terms have been agreed to, the next step is to contact a home inspector to arrange for an inspection and the lending institution to arrange for a full approval, including a bank appraisal of the property you purchased.