top of page
Search
Writer's pictureJacklyn Belcher

What Happens Next?

Navigating the Exciting World of Real Estate Offers



So, you've finally made the big move and submitted an offer for that dream home you've had your eye on. Congratulations! But hold onto your hats because the real adventure is just beginning. Once that ink dries on your offer, there's a flurry of behind-the-scenes action that kicks off, and I am here to guide you through it all.


The Seller's Response | Accept, Counter, Reject


As we anxiously await the seller's response, there are three possible outcomes:


Acceptance | This is the jackpot scenario! The seller loves your offer as much as you love the house, and they're ready to seal the deal. Cue the celebration!


Counteroffer | Don't panic if you don't get an immediate "yes." A counteroffer means the seller likes your offer but wants to tweak a few things. Maybe they're haggling over the price or adjusting the terms to better suit their needs. It's all part of the negotiation dance, so let's keep the conversation going.


Rejection | It's not the end of the world if your offer gets the boot. Maybe the seller received a better offer, or perhaps they're not thrilled with your terms. Whatever the reason, we will regroup and figure out the next move together.



Understanding Each Scenario


Acceptance | If the stars align and the seller accepts your offer, it's time to kick things into high gear. We'll open escrow, schedule inspections, and start ticking off those contract deadlines. And of course, don't forget to pop the champagne to celebrate this major milestone!


Counteroffer | Think of a counteroffer as a little bump in the road. It's an opportunity to fine-tune the details and get one step closer to making that house yours. Whether it's adjusting the closing date or tweaking the price, we'll work together to find a middle ground that works for everyone.


Rejection | If your offer gets the cold shoulder, don't sweat it. It happens to the best of us. We'll explore our options, whether that means sweetening the deal with a higher offer or setting our sights on a different property altogether.



Common Reasons for Rejection


Lowball offers | Sometimes, sellers are put off by offers that don't quite hit the mark. But hey, it's worth a shot, right?


Contingencies | Sellers may balk at certain contingencies, like waiting for your current home to sell before committing to the purchase.


Loan Preferences | Believe it or not, some sellers have strong opinions about the type of loan you're using. But don't worry, we will find a way to work around any obstacles that come our way.



Moving Forward with Confidence


While most offers lead to a round of negotiations, each step brings us closer to that coveted "sold" sign. With a skilled negotiator by your side (that's me!), we will tackle any challenges head-on and keep the momentum going until we reach the finish line.


So, buckle up and get ready for the ride of a lifetime. Your dream home is waiting, and together, we'll make it yours. Let's do this!




454 views2 comments

2 Comments


Thank you Jean!

Like

This is awesome information

Really liked everything you said

Thank you

Like
bottom of page