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Making An Offer >Negotiations Part 2
If you are the buyer in a home sale transaction, you should be prepared to submit an offer to the seller. An offer is not simply the price -- there are more components involved.
The real estate agent will act as the conveyor of information. There are a few things to look out for in such negotiations: 1) include a finance contingency, even if you have loan pre-approval, 2) insist on an engineer's, termite and radon inspection contingencies, 3) itemize the personal property you want included, such as chandeliers or drapes, and 4) submit the closing date you prefer.
Buyers should be prepared to make their best offer first, but if that offer is not acceptable to the seller, they should expect to go through a round of counter-offers.
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| Q |
Who is considered the world's most renowned living architect?
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| A |
I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989). |
See More Real Estate Trivia > |
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Denise Woods RE/MAX Commonwealth Group 3430 Anderson Hwy #E Powhatan, VA 23139 Office: 804-598-0007 Fax: 866-430-9768 Cell Phone: 804-337-4410 Denise@denisewoods.com
Denise has over 12 years of experience in the real estate industry. Denise Woods Realty Team has helped nearly 1,000 (ONE THOUSAND) families in their real estate needs. Denise Woods and Cathy Gusti focus on superior customer service with our clients! We love what we do!    
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