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Accepting an Offer

There are many factors that take into affect when accepting an offer on your house. These are factors that you might be blindsided by without a selling agent working for you.

The Price is Not Always Right

As someone selling your home, you might think, “The higher the price, the better the offer.” This is not always true. Price is not always the determining factor when accepting an offer for a few important reasons:

  1. The initial offer is usually not final
  2. 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

We take the ethical responsibility of fairly negotiating contractual terms very seriously. It is our job to find a win-win agreement that is beneficial to all parties involved. You may even have to deal with multiple offers before ratifying the one you judge to be the most suitable for you – and as your agents, we 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.

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.

Consult with Your Agent

During the process of accepting an offer, you may have many questions regarding timeline, and true value of the home after closing. An experienced real estate agent is going to be able to help answer your questions to help make you comfortable throughout the process of selling your home. Servus Realty Group has over 20 years of experience selling homes in the upstate of South Carolina.