Monday, March 9, 2015

Behind the Scenes of an Offer

So the buyer has finally made “the offer” on your property. Here’s a behind the scenes look at what happens next to get from for sale to sold.

Guest post by Cara Ameer with Coldwell Banker Vanguard Realty
The Offer: Every Coin Has Two Sides
So the buyer has finally made “the offer” on your property. For them, it’s the culmination of weeks, months or possibly even years of looking for just the right place. They’ve logged many miles, hours of research, gathered several opinions and may have consulted various “experts” as to what’s involved with all that they want or need to do to the house. They’ve reviewed the market data with their agent. They know when you bought the property and what you paid. They have a copy of your seller’s disclosure and have visually assessed the condition of the home cosmetically and structurally. Based on an analysis of recent sales and local market trends, the buyer has worked with their agent to craft an offer worthy of what they hope is a positive response.
For you as a seller, its a milestone in a journey of keeping the house perpetually clean, living through several showings and an array of feedback on your home. You’ve probably never heard so much feedback from the peanut gallery–agents and their customers. But in the end, the buyers with this offer have chosen your home as the place to have their life happen. It all comes down to this: will you accept, reject or counter the offer?
Written by Victoria Lee

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