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Making an Offer for a Home

Preparing the Offer

When you view a home on the market that you really want, you can hardly wait to be handed the keys. In fact, you may worry that the property will somehow slip through your fingers. Don’t be. You’ve got an expert by your side. Your agent at COR is there to ensure you get that home – and at a price that works for you.

The first step is preparing the Offer. This is the document presented  to the seller that basically states the price you’re offering, as well as any conditions, such as the right to have an inspection and an appraisal before being obligated to purchase.

The price we go in with is critical. You want it to reflect the true market value of the property so the seller will take your offer seriously. On the other hand, you don’t want to go in too high and risk overpaying for the home.

Don’t worry. We know how to prepare a winning offer and get you the property at the lowest possible price. We look after your interests throughout the entire process.

How the Process Works

When you decide to make an offer on a home, here’s what typically happens:

  • Your COR agent will prepare a market analysis of the home, comparing it to other recent sales in the same neighborhood, in order to determine its market value and recommend a price that has the best chance of being accepted by the seller, without over-paying for the home.
  • Obviously, sellers prefer offers that have no conditions. However, we may suggest a condition, such as a 7 day “due diligence period”, be included for your protection. We’ll talk about that.
  • We’ll prepare the necessary documents and present your offer to the seller and his or her real estate agent personally.
  • If the offer isn’t accepted, or if the seller makes a counter-offer, we’ll work with the seller’s agent, skillfully negotiating on your behalf to make a deal.
  • We’ll communicate with you throughout the entire process. You’ll never be in the dark.
  • Once the seller agrees to a deal, we’ll help lead you through inspections, appraisals, deadlines, and closing the deal. Then, the home is yours. Congratulations!

At COR, we realize that making an offer can seem like the nail-biting part of the process. It doesn’t have to be. That’s the advantage of selecting a real estate agent who puts clients first. When you go after a property you really want, you can take comfort in knowing you have an expert on your side… someone who knows how to get that home for you.

Have questions about making an offer? Please submit the form below or call or email us.

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