Your Agent Will Handle all the Details
When selling your house, there are few things more exciting than receiving an offer. That means someone is interested in your property and has prepared a formal offer to buy it.
What is an offer, exactly?
It’s simply a legal document that shows the price the buyer is proposing to pay, which may or may not be the same as your listing price. An offer will include other details, such as the requested closing date, and may also include one or more conditions, such as “conditional on the property passing a home inspection.”
Ideally, when you receive an offer, you will want to sell your house to that buyer for the highest price possible. In addition, you’ll want to make sure there are no potential problems that might prevent the deal from closing – such as the buyer being unable to arrange financing.
I realize this may sound complicated. Don’t worry. As your real estate agent, I’ll take care of all the details. For example, I will:
- Review the offer with you and explain everything clearly.
- Give you my professional assessment as to the quality of the offer. If there are things that concern me, I’ll point them out to you.
- Advise you on whether to accept the offer, reject the offer, or make a counter-offer.
- Prepare a counter-offer, if necessary, that gets you a better deal, without risking the sale slipping through your fingers.
- Skillfully negotiate with the buyer on your behalf, so you sell your house for the highest price possible.
- Prepare all the necessary documents, and work closely with the buyer and his or her agent, to make sure the transaction goes through smoothly.
- Communicate with you throughout the entire process. You’re never in the dark when you work with me.
Selling your house for the best price possible is my expertise, especially in this local market. However, Price is not the only thing to consider.
The Price Is Not Always Right
“The higher the price, the better the offer.” Do not let yourself be fooled by this popular misconception. Price is not always the determining factor when accepting an offer for several important reasons: the initial offer is usually not final, and there are a number of terms and conditions that may influence the final outcome of a price. You can trust our professionals to help you thoroughly evaluate every proposal without compromising your marketing position.
Negotiating The Right Way
I take the ethical responsibility of fairly negotiating contractual terms very seriously. It is my job to find a win-win agreement that is beneficial to all parties involved. You may even have to deal with multiple offers before executing the one you judge to be the most suitable for you – and as your agent, I will guarantee a thorough and objective assessment of each offer to help you make the right choice.
The Initial Agreement and Deposit
An effective agreement is a legal arrangement between a potential purchaser and the property’s seller. Laws vary from state to state, but in order to be a legally, binding agreement, the agreement may require consideration. This consideration (initial and additional deposit) is to be held in the closing agent’s escrow account pending the fulfillment of conditions or contingencies in the effective agreement. We call this consideration the Earnest Money Deposit. 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 extremely 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 and make sure that you have copies of everything.
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 their agreements. During the process, we will keep you constantly updated so you will always be prepared for the next step.
Want to discuss how much you may be able to get for your house? Please submit the form below or call or email me for a no-obligation Personal Consultation.