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Real Estate Tips
Accepting An Offer >Offers and Counter Offers

Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?

The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.

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Real Estate Trivia
Q 
Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?

A 
Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria.
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Lexington Home Link, REALTOR®, real estate agents and broker for Lexington, Georgetown and NicholasvilleKentucky home listings, property and land for sale - NUMBER1EXPERT(tm)

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Keller Williams Bluegrass Realty

2424 Harrodsburg Rd., #101
Lexington, KY 40503
Tel: 859-509-4226
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Toll Free: 888-509-4226
Email: lexhomelink@aol.com

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