placing an offer

PLACING AN OFFER ON A HOME THAT YOU LOVE

September 28, 2021 in Blog, Home Buyer Guide

So you have found a home that you want. What’s next? It is time to place an offer! Let’s talk about the process of negotiation and placing an offer on a home that you love.

You have found a home that you absolutely love. Great! First, we need to sit down with our agent and talk about placing an offer. Your agent will help you determine the elements of the offer. This includes:

  • Your sales price
  • Your closing and possession dates
  • How much you want to put down for a deposit

You should carefully review any clauses with your real estate professional to ensure that the offer you are placing is one you truly want to make.

Once your agreement is written, it is time to sign it. There are two ways to do this: a wet signature or a digital signature. After you sign the agreement, it is your agent’s job to present this offer to the seller’s agent. Then, the seller’s agent will present it to the seller. At this point the seller can:

  • Reject
  • Accept
  • Make a counter-offer

Successive counter-offers between your agent and the seller’s agent may be exchanged multiple times. This is when your agent’s negotiation skills come into play! They will continue to exchange offers until an agreement is reached or the negotiations break down. At the point of a negotiation break-down, you may decide to move on to another house.

monica

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About Me

About Me

Hi I'm Monica! I'm a Real Estate professional in love with houses, especially vintage houses. I even have my Historic Homes Specialist designation. I enjoy decorating and rehabbing and helping my clients create their dream home with inexpensive updates. I also love helping sellers get top dollar for their property by taking the dated out of their home and staging in a modern simplistic way. I'm also obsessed with Mid Century furniture, so if it doesn't fit in my house, you'll find it in my Etsy Shop. I enjoy coffee and thrift store shopping to look for items to repurpose and use in house. And of course anything vintage, I’m a bit of a June Cleaver. I’m a wife and a mom of teenage twins that I homeschool. I am currently a Realtor in San Antonio, TX, and a lender in both Texas & California. But if you are from Southern California don't worry I have connections, I also help educate all over the country about the home buying process and have a team of people that i work with to help you reach your goals. We moved to SATX from SOCAL in 2018 to simplify our life. I love it here and have helped several people relocate. Read More

Monica

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