MICHELLE SMITH
© Michelle Smith | All Rights Reserved | Designed By RCS
Group One Realty
2120 Cypress Street
West Monroe, LA 71291
318.362.0007
318.557.3897
* Each Office Is Independently Owned and Operated
Accepting an offer
Negotiating The Right Way
An effective agreement is a legal arrangement between a potential purchaser and the property's seller. Laws vary from state to state, but in order to be a legally, binding agreement, the agreement may require consideration. This consideration (initial and additional deposit) is to be held in the closing agent's escrow account pending the fulfillment of conditions or contingencies in the effective agreement
The Initial Agreement and Deposit
An effective agreement is a legal arrangement between a potential purchaser and the property's seller. Laws vary from state to state, but in order to be a legally, binding agreement, the agreement may require consideration. This consideration (initial and additional deposit) is to be held in the closing agent's escrow account pending the fulfillment of conditions or contingencies in the effective agreement
The Price Is Not Always Right
"The higher the price, the better the offer." Do not let yourself be fooled by this popular misconception. Price is not always the determining factor when accepting an offer for several important reasons: the initial offer is usually not final, and there are a number of terms and conditions that may influence the final outcome of a price. You can trust our professionals to help you thoroughly evaluate every proposal without compromising your marketing position.
Other Key Points
Keep written records of everything.
For the sake of clarity, it will be extremely useful to transcribe all verbal agreements including counter-offers and addendums, and convert them to written agreements to be signed by both parties. I will assist you in drafting all the paperwork for your sale and make sure that you have copies of everything.
Stick to the schedule.
Now that you have chosen your offer, you and the buyer will be given a timeline to mark every stage in the process of closing the real estate contract. Meeting the requirements on time ensures a smoother flow of negotiations and also ensures that each party involved is not in
breach of their agreements. During the process I will keep you constantly updated so you will always be prepared for the next step.
Choose Michelle |
Prepare To Sell |
The Offer |
Escrow and Appraisals |
Closing Day |
Choosing A Real Estate Agent |
Find Your Property |
Close & Move In |
Listings |