ACCEPT AN OFFER
The Price Isn't Always Right.
"The
higher the price, the better the offer." Don't let yourself
be fooled by this popular misconception. Price isn't always
the determining factor in choosing among multiple offers,
for several important reasons: the initial offer is never
final, and there are a number of terms and conditions that
may influence the final outcome of a price. You can trust
your Global Lending Pros listing agents 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's our job to find a win-win agreement that's
beneficial to all parties involved. Oftentimes you will have
to deal with multiple offers before ratifying the one you
judge to be the most suitable for you - and as your agents
we'll guarantee a thorough and objective assessment of these
offers to help you make the right choice.
Escrow: The Initial Agreement and Deposit.
An escrow is a legal arrangement whereby an asset (such as
a home buyer's initial deposit) is delivered to a third party
(an escrow holder) to be held in trust pending the fulfillment
of conditions or contingencies in a contract. Once an offer
is ratified, the home seller and buyer will agree upon the
amount for the good faith deposit and set up an escrow account.
This reflects the buyer's intention to purchase your property
and ensures that no funds or property will change hands until
all instructions in the transaction are followed.
Some Important Tips. Keep these tips 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 of everything from counter-offers
and addendums, and convert them to written agreements to
be signed by both parties. We will assist you in drafting
addendums in your contract to ensure you've got all the
bases covered.
- Stick to the schedule. Now that you've
chosen your offer, you and the buyer will be given a timetable
to mark every stage in the process of closing the real estate
contract. Meeting the requirements on time ensures a flow
of negotiations. During the process We'll keep you constantly
updated so you'll always be prepared for the next step.
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