Reviewing an Offer: Key Points
- Price is important, but it's only one part of an offer.
- Financing, conditions, deposit, and possession all matter.
- You can accept, reject, or counter.
- Clear advice helps you choose with confidence.
What to Review in an Offer
- Price
- Deposit amount and timing
- Financing and down payment
- Conditions and deadlines
- Possession date
- Included and excluded items
Weighing the Risks
An offer with a high price but several conditions and a small deposit may carry more risk than a slightly lower offer with fewer conditions and a stronger deposit. Understanding these factors helps you choose the best overall offer.
Your Options
- Accept the offer as written
- Counteroffer with changes
- Reject the offer
Counteroffers
A counteroffer might change the price, possession date, conditions, or inclusions. Once you counter, the original offer is no longer available unless the buyer agrees.
The Importance of Deadlines
Every offer includes an acceptance deadline. If you don't respond before it expires, the offer ends automatically. I'll make sure you have time to review each offer carefully and that we respond within the required time.
My Role
I'll explain each term clearly, outline the risks and benefits, and represent your interests throughout the negotiation, so you can make a decision that fits your goals.
