Here’s what can happen after an offer is made on your home.
When an offer is made on your home, there are three possible outcomes:
1. You accept the offer.
2. You reject the offer altogether.
3. You counter the offer.
Let’s be clear: When you counter an offer, you’re rejecting the original terms of the offer with a counteroffer. The only way for you to ensure that you’re not going to lose your buyer is to accept the offer as written since the buyer could change their mind and walk away.
As a buyer, remember that just because you put an offer in writing doesn’t mean your seller has to respond with a counteroffer. If you’re submitting an offer, make your first offer your best offer, especially in today’s competitive market.
If you have any questions about buying or selling a home, don’t hesitate to give my team and me a call. We’re on standby from 9 a.m. to 8 p.m. seven days a week to assist you down the smoother road to sold.