Negotiating The Offer

 

 

 

This is where things get exciting. Our experience, knowledge and commitment to you will truly shine once we receive an offer for your home. There are many important strategic factors to consider besides the price. This is where we really make a difference as we assist you in evaluating every important term of the contract to be sure we are looking out for your best interests.

It’s a conversation: We may receive some lower offers with conditions. No one can force you to accept them. It is the starting point for a conversation to negotiation with the Buyers and their Sales Professional.

Always Counteroffer: Momentum matters. We will negotiate back and forth with the buyers and their Sales Professional until the offer is acceptable to you.

Price is only one factor: We will negotiate on price, conditions, inclusions and exclusions, closing date and possibly deposit. There will be more than one factor to consider.

Even 1% more for your home, can mean thousands of dollars in your pocket.

As part of the offer process, we have to calculate net proceeds. This means we will have to determine exactly how much you will net after paying closing costs.

Once you and the buyer agree on a price and conditions, the buyer will provide a deposit cheque to be held in trust at Right At Home Realty Inc., Brokerage until all the conditions are met. The conditions have a set time for fulfilling and may include home inspection, financing, Sale of Buyer’s Property or Lawyer’s Approval.

Once all conditions are fulfilled, the buyers sign a Notice of Fulfillment document and the deal is firm. It is possible that in some instances the conditions are not met and the offer will become null and void, in which we will sign a Mutual Release and return the deposit to the Buyers. I will continue to market your house until we have a firm deal.

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