Presentation of Offers
Confused about your role in receiving an offer. Well, your Realtor will handle: reviewing documents, assisting in qualifying purchasers, helping you make the appropriate response, assisting in drafting counter-offers when necessary, negotiating top dollar for your home, handling all negotiations.
All you have to do is listen and decide when the offer is right.
Financing of Offers
Today’s financial market is always changing. Realtors, however, always know the best sources for real estate financing. Your agent’s experience helps ensure financing is obtained. After all, it’s our job to make sure your role is as easy as possible.
You will have completed a Seller Property Information Statement prior to the offer presentation. This form outlines any material defects that may be present at your home. These material defects MUST be disclosed if you know about them.
Conditions on Offers
Most offers have conditions attached to them. For example, conditions may include, Conditional Upon Financing, Conditional Upon Home Inspection, etc. Your Realtor will discuss these in detail as they arise.
Let’s talk about money. If all of the above goes well, the Buyer(s) put down money. This shows they’re sincere about purchasing your home. Your agent will give you guidelines for how much this should be.
Extras in Offers
The Buyer(s) may request additional items be included in the sale of the home such as fixtures furnishings and appliances. You may be willing to negotiate these. Your Realtor will always discuss these extras with you and will negotiate on your behalf.
And, here we are. As the deal comes closer to closing, keep in mind the transaction is not complete until you receive full payment. It’s also not officially over until the deed is delivered and the buyer takes possession of the property.