The Price is Only One factor in Considering an Offer:
“The higher the price, the better the offer.” is a popular misconception. Price is not always the determining factor when accepting an offer – there are a number of terms and conditions that may influence the strength of the offer. You can trust our professionals to help you thoroughly evaluate every proposal without compromising your marketing position.
Negotiating The Right Way:
We take seriously the ethical responsibility of fairly negotiating contractual terms. It is our job to find a win-win agreement that is beneficial to all parties involved. You may even have to deal with multiple offers before ratifying the one you judge to be the most suitable for you – as your agents, we will offer a thorough and objective assessment of each offer to help you make the right choice.
The Initial Agreement and Deposit:
A sales contract is a legal arrangement between a potential purchaser and the property’s seller. In order to be a legally binding agreement, a cash deposit is required when the offer is presented. This consideration (Earnest Money Deposit) will be held in the title company’s escrow account pending the fulfillment of conditions/contingencies in the contract.
Some important tips to keep in mind to streamline the process even further:
- Keep written records of everything.
For the sake of clarity, it will be useful to transcribe all verbal agreements including counter-offers and addendums, and convert them to written agreements to be signed by both parties. We will assist you in drafting all the paperwork for your sale.
- The goal is for all parties to stick to the schedule.
Now that you have chosen your offer, you and the buyer will be given a timeline to mark 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 each party involved is not in breach of contract conditions. During the process we will keep you regularly updated so you will always be prepared for the next step.