Writing an Offer

By
Real Estate Agent with RE/MAX Real Estate

 

Make an Offer

You’ve found a home? Congratulations! Now, if you actually want to make it yours, you have to make a successful offer, one that the seller will accept.

Preparing the offer

REALTORS® are expertly trained and will prepare the offer for you. Here’s some terms you’ll see in the offer

  • Buyer or Purchaser - That’s you
  • Seller or Vendor - The present owners
  • Purchase Price - The most important number - let’s hope the seller goes for it
  • Deposit - A cheque you write to the seller’s broker, who deposits it in a trust account. This is your way saying “my offer is serious.” The size of the deposit is up to you.
  • Clauses particular to this agreement - Every transaction is unique and your REALTOR® may add conditions important to you. Making your offer conditional upon a proper Home Inspection is a good idea.
  • Chattels included and fixtures excluded - Be sure you know what is included with the house! The washer and dryer, the microwave, draperies, light fixtures. Don’t leave anything to ‘chance’ because chances are it won’t be there when you move in.
  • Irrevocability of the offer - The length of time you give the seller to consider your offer. Usually less than 48 hours.
  • Completion date - The glorious day you take possession! Often 30 or 60 days after signing.
  • source edmonton real estate board 
Ready to buy or sell or have questions 

Contact Michele " with one L"  You'll be glad you did!
www.MicheleWeselake.com

 

Posted by

Michele Weselake, 

RE/MX  REALTOR ®

 Direct: 780 901-4770

 

website:   www.MicheleWeselake.com

 

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Rainmaker
187,920
Christina ONeal
At Home Real Estate Group - Ripon, CA
Realtor - Ripon California

I like how you spell out stuff that is included :)  some of this stuff is assumed & shouldn't be

 

March 31, 2011 08:23 PM #1
Rainmaker
133,906
Jeanne M. Gavish
Jeanne Gavish, Keller Williams Realty Elite Partners - Spring Hill, FL
Keller Williams Realty Elite Partners - CIPS,GRI,S

Interesting to see the differences in terminolgy from area to area.  A lot of Canadians in Florida this winter.  We are happy to house our Northern neighbors for the winter!

March 31, 2011 08:24 PM #2
Rainer
29,054
Michele Weselake
RE/MAX Real Estate - Edmonton, AB
Buy or Sell with Michele You Will Be Glad You Did

Thank you ladies !  Michele 

March 31, 2011 08:32 PM #3
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Rainer
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Michele Weselake

Buy or Sell with Michele You Will Be Glad You Did
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