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For Home Sellers:
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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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| Q |
What country of the world has the highest percentage of private housing?
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| A |
Mongolia, where 100% of all properties are owner-occupied. |
See More Real Estate Trivia > |
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Andrew Malone RE/MAX of Buckhead 4246 Peachtree Rd Altanta, GA 30319 Cell: 404.246.3265 Office: 404.237.9011 E-fax: 800.385.1350 Fax: 404.237.3631 Email: andrewmalone@NUMBER1EXPERT.com Email: amalone@remax.net
I am a Cum Laude graduate from Georgia State University with a degree in Finance and Marketing. I began my real estate career after graduating from college at the age of 23. I have been an individual practitioner in real estate for 7 years with RE/MAX of Buckhead in Atlanta, Georgia. My successes include: Average 30 home sales/year, Over 150 homes sold, Presidents club –1 year, 100% club – 3 years, Platinum club – 1 year, Top New Agent 2004, #2 Agent in office 2006,
#1 Agent in office 2007, 6.2 million closed transactions 2006, 4.4 million closed transactions 2007, Real Estate Lifestyle Magazine – Rising Real Estate Star 2007.     
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