Your home is on the market, now you get an offer. In this week’s episode, The Insiders cover the basic terms of the offer that you, as the Seller, should consider, evaluate, prioritize, and ultimately utilize to make your overall selling decision as to accept, reject, or counter the offer.
Episode 29: Evaluating Real Estate Offers for Sellers
Your home is on the market, now you get an offer. In this week’s episode, The Insiders cover the basic terms of the offer that you, as the Seller, should consider, evaluate, prioritize, and ultimately utilize to make your overall selling decision as to accept, reject, or counter the offer.
Highlights:
The terms that you really want to look at are:
- Price
- Down payment
- Earnest money; and how that relates to down payment.
- Type of financing is important; if the buyer is asking for Buyers Closing Costs, or Sellers Concessions.
- Take a look at the the closing date and how that fits in with your time-frame and schedule.
- Inspection time-frame; make sure it is reasonable.
- Anything else that is written in there, if you have any questions, obviously you want to talk to your broker, whoever is advising you on selling your home.
