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Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?
The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.
Pick Pina and Her Team Coldwell Banker Residential BrokerageResidential Brokerage 789 Clifton Ave Clifton, NJ 07013 Office: 973-594-4312 Fax: 973-773-5133 Pina@PickPina.com
As a real estate professional, Pina has helped many people buy or sell their homes. Being a long time resident, Pina is very knowledgeable of the market area. Finding the right person to trust with your biggest investment is important. Pina understands the needs of families in transition and her expertise will be of comfort
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