Making an Offer
Making an Offer
Once you've found your dream home, and are ready to make an offer, you Sales Associate will assist you in drafting a purchase agreement. Their experience and professional training, coupled with all the necessary research, will help you in structuring an effective offer.
Your Sales Associate's negotiation skills will play a large part in this process. When an offer is made, the seller will have the option of accepting, rejecting or counter-offering. Your Associate will negotiate the best possible terms for you.
Your Sales Professional will draft the purchase agreement, advising you of protective contingencies, customary practices, and local regulations. Home warranty, title and escrow arrangements will be detailed in the offer. Although your Associate will give you advice and information, it is your decision as to the exact price and terms that you wish to offer.
Managing the Escrow
An escrow is created when parties deposit money and/or documents with a third party who holds these items until specific conditions are met. This third party is known as the escrow agent or escrow holder.