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Understanding Offers

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Q: What is an offer?

A: An offer is usually made in the form of a written contract prepared by a sales associate representing a buyer. All offers for your property will generally first be presented to your agent, and he or she will then present them to you.

Q: How quickly must I act?

A: Usually time is of the essence in negotiating an offer. There are often strict deadlines, which must be met. Your agent will stay in constant communication with you during the entire transaction process.

Q: Who knows about the terms of an offer for my property?

A: No one, except you, and your agent will know about the terms of an offer prior to your acceptance. You will be kept informed of any other buyer’s interest in your property; and if more than one offer is submitted to me, all will be presented to you for your consideration.