Once we get offers on your home is when the fun begins can be stressful if you don't get the amount of money you were hoping for, but don't worry. That's why you hire a great negotiator.
Hi, I'm Amanda Oldfield with EXP Realty. Not every realtor understands the importance of good negotiating, which
I find a little alarming because knowing how to properly negotiate on your behalf is essential, not just for getting you the most amount of money on your home, but also for getting you the best terms .
Once we do receive an offer on your home , there are a few essential components that need to be done prior to meeting with you to discuss the offer. I always like to vet the buyer by calling their agent and making sure that the buyer is truly qualified. Asking critical questions, find out about how motivated they are, and in love with your property the buyer is.
During this process, we learn a little bit about the buyer's agent and their lender to ensure that they are experienced and have properly educated their buyer to get an idea how likely the buyer is going to be able to complete.
Believe it or not, the buyer's agent actually is just as important as ensuring the deal will close as the buyer's qualifications. After vetting the buyer's
realtor and their lender. I'll meet with you to discuss the terms. I'm going to give you advice on the offer in regard to the pros and cons of each one; but ultimately, it's up to you to decide which offer you'd like
to accept or counter.
Now, if we've got more than one offer the process is a little different. Then we're going to give an offer deadline and ask everybody for their highest best offer. Once we've got that information, I'll meet with you and go over the pros and cons of all of them together .
Generally, this gives us the opportunity to get you a higher price from a buyer with better terms because you're going to be picking the cream of the crop, so to speak. So at this point, the buyers can choose to accept our terms or counter back to you. You've got the opportunity to choose which offer you'd like to take, and again, I'll advise you on the pros and cons of each of them. Once we do come to terms, congratulations! You now have an accepted conditional offer.
Watch the next video below to see and understand what happens now and what to expect regarding timelines. Understand that in most cases, if you're dealing with a loan, the average timeframe to close
on a home is about 45 days, give or take. If you're dealing with
cash, then you can close in as little as three days,
but 14 is more realistic.
I'm Amanda Oldfield with EXP
Realty, and I'm here to help.