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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Leonardo Pareja
Express Realty Service
6805 - C Backlick Rd.
Springfield, VA 22150
877-859-6644
Fax: 703-852-7254
leonardopareja@NUMBER1EXPERT.com

Leo Pareja is Express Realty Services' broker, and the #1 Keller Williams Agent in the United States. A highly experienced professional, Leo specializes in every facet of real estate investment and sales. Contact Leo for the highest levels of service and professionalism if you want to buy or sell a home.

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