Step 6: Write an Offer
Posted by: raindrop 8 years, 1 month ago
We use a standard set of forms provided by the California Association of Realtors, which have been developed to include numerous sale conditions. We will carefully review the purchase offer with you, prior to signing it, so that you understand all of the terms of the offer.
You sometimes hear that the amount of your offer should be x percent below the seller's asking price or y percent less than you're really willing to pay. In practice, the offer depends on the basic laws of supply and demand: If many buyers are competing for homes, then sellers will likely get full-price offers and sometimes even more. If demand is weak, then offers below the asking price may be in order.
We will provide you with a Comparative Market Analysis to give you the most recent sales data in the neighborhood so that you can best decide what to offer.
How do you make an offer?
To make an offer, we will write up a purchase agreement that we will submit to the Listing Agent of the property. The owner will review the offer and may accept it, reject it, or make a counter-offer.
A counter offer is a response to the Buyer's purchase offer with any terms that the Seller would like to change. The Buyer will review the proposed changes, and either accept, reject, or submit another counter offer.
Once we have an accepted offer, we will proceed to Step 7: Open Escrow.
For more information, click here or contact Kate Gillingham.
Information provided courtesy of www.realtor.com.Share on Twitter Share on Facebook
San Diego Homes
- *SPECIAL DELIVERY* Santa Claus is Coming to Coronado!
- Happy Halloween from the Coronado Island Realty Family!
- New Landscape Transformation Program Increases Incentives in San Diego County
- 624 10th Avenue JUST SOLD!
- 226 Orange Avenue #303 JUST SOLD!
- Blog (346)
- Buyer's Guide to Buying a Home (11)
- DIY Homeowners (55)
- FAQ Buyer (35)
- FAQ Property Management (7)
- FAQ Renters (7)
- FAQ Seller (32)
- FAQ Short Sale (6)
- Friday Favorites (4)
- Home Projects (59)
- Listings (132)
- Local Info (74)
- Market Matters (34)
- Open House (18)
- Rentals (18)
- Staging (1)
- Things to do (77)
- Tips (5)
- Tips for Buyers (7)
- Tips for Homeowners (5)
- Tips for Renters (5)
- Tips for Sellers (5)
- Tips/FAQs (2)
FeedsRSS / Atom
Latest NewsDecember 3, 2019 *SPECIAL DELIVERY* Santa Claus is Coming to Coronado! October 31, 2019 Happy Halloween from the Coronado Island Realty Family! July 10, 2018 New Landscape Transformation Program Increases Incentives in San Diego County READ MORE
Our initial experience with you, especially with your demonstrable expertise, knowledge, and willingness to both educate and work with us regarding the market and related considerations particular to Coronado, resulted in a gratifyingly helpful and positive experience for us.—Robert R. READ MORE