Generally, most real estate agents do not recommend that sellers make multiple counteroffers at once, as it could lead to two legally binding contracts simultaneously.2 Frequently Asked Questions (FAQs) How do I write a good counteroffer?
This is not always a simple transaction, and it may be best to find representation by a commercial real estate agent. Even if you work with an agent, you need to understand how you should counter offer. 1. Have a Lawyer Review the Lease Upon your initial letter of intent, request a ...
even if the offer is far from your desired price. Change your asking price slightly or soften your counteroffer by giving something back. Agree to extend the closing date to accommodate a seller’s moving plans, offer to leave behind appliances that may appeal to a buyer if you’re holding...
Basic real estate law requires that several steps be followed in order to have an executed contract. First, an offer must be made by a buyer, then the seller can accept the offer or change some of the terms of the buyer’s offer, thereby creating a counter-offer. If the seller simply ...
Real estate options offer an alternative method to trade, invest, andprofitfrom real estate investments. They can be considered a type of over-the-counter contract between two individual parties. There is no exchange market for these types of options but there can be creative provisions that cou...
How Do You Structure a Counteroffer? If you want to counteroffer a seller, there are options beyond raising your offer price. For example, you can increase your earnest money deposit, which shows the seller you’re committed to buying the home. You typically have one to three days to stru...
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