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Real Estate Tips
Accepting An Offer >Purchase Negotiations

If you are selling your home, you should be prepared for the day your first offer comes in. When your real estate agent calls to say there is an offer on your home, you will naturally get excited. When your agent describes the offer, you will probably experience an adrenaline rush. Whether the offer is good or bad, you should just remain calm--and discuss a counter-offer with your agent. The negotiations of a purchase begin with the buyer's ideal terms and a counter offer that communicates the seller's ideal terms.

A good agent will look beyond the price when evaluating an offer. If the buyers' financial qualifications are shaky or the offer includes potentially problematic terms or conditions, your real estate agent should be there to minimize any risk to you and to address these items in your counter-offer. Your agent's job is not to make a decision for you, but to be sure that you understand fully what the offer includes and what is expected.

See All Tips In The "Accepting An Offer" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Where can you find the world's largest residential palace?

A 
The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage.
See More Real Estate Trivia >


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Tracey Espada, REALTOR®, real estate agent and broker for Ocean City, Sunset Island and Eastern Shore, Maryland home listings, property and land for sale - NUMBER1EXPERT

Tracey Espada
Sunset Island Sales & Rentals, LLC

23 Fountain Dr. West Until B
Ocean City, MD 21842
410-524-1245
Fax: 410-574-1368
traceyespada@NUMBER1EXPERT.com


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