Step 4 - Receiving an Offer
The offer negotiation for your property sale can be both exciting and emotional. The experience and familiarity of market conditions and statistics gives real estate sales representatives a clear advantage when it comes to representing your best interest. Offers need to be reviewed as a whole to determine if it is a good offer. It is not just about the price. You can rely on me as your real estate representative to review the offer carefully with you and to provide important information about current market trends to add context.
- Accept the offer - it looks good
- Reject the offer - it’s not even close so no counter offer
- Sign-back or counter offer - it’s close but needs adjusting to price, closing date or a condition
The goal is to leave you satisfied with the outcome and I will help you every step of the way.
Multiple offers – It is possible you may receive multiple competing offers to purchase your home. As your real estate representative we will work together to determine the best strategy: accept the best offer; go back to all purchasers giving them a chance to submit their best offer; counter one offer while putting the others to the side waiting for a decision on the counter offer; or counter one offer and reject the others. There are advantages and disadvantages to each of these strategies that need to be considered.