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First Time in Real Estate ~ Stage 5: Making An Offer


Blog by Frank Ingham | January 5th, 2018


SUCCESS IN REAL ESTATE FOR FIRST TIMERS 
A Series of Six Important Stages to Understand

Stage 5:
Making an Offer

There are a number of considerations to make before an offer is written. As your real estate professional I will guide you through the offer process which includes:

  • Reporting what comparable houses are selling for, how current market conditions may impact your offer, and whether there is any competition from other interested buyers
  • Determining any offer conditions such as a satisfactory home inspection or arranging financing, and the potential impact of such conditions on the acceptance of your offer
  • If necessary, arranging a qualified home inspector who can expose property deficiencies and who may also provide you with an estimate on their cost of repair
  • Sorting through the key elements of your offer including price, deposit, financial terms, inclusions and exclusions, and your closing or possession date
  • Managing all offers and any counter-offers, negotiating to get you the best possible price

I will help you understand the offer process, any potential impact of current market conditions, and provide you with the tools and resources that will result in a successful property purchase. To learn more, read these other related posts or contact me anytime.

Stage 1: Financing
Stage 2: Criteria
Stage 3: Home Search
Stage 4: Viewing Homes
Stage 5: Making An Offer
Stage 6: The Closing Details