Negotiating the Purchase
When you have found the house you want to buy, your next step is to submit your purchase agreement to the seller. The purchase agreement is a contract between you and the seller detailing how much you will pay for the house. There will likely be negotiations before a final agreement is reached, but it is up to you to submit your offer first. Here are some things to consider when working on your offer:
- How much will you offer for the property? (You may choose to offer lower than the seller’s asking price.)
- How much will your deposit be?
- By what date would you like to reach an agreement with the seller, and by what date would you like the house to be “yours”?
- Are there any items, fixtures, or appliances in the house that the seller plans to leave that should be factored into the price of the house?
Your Champion sales associate will present the offer to the seller's agent. The seller will either accept, reject, or counter your offer with changes in the terms. From here, the negotiations begin, and continue until a mutual agreement is met. Dialogue between buyer and seller is critical. When both you and the seller agree to the terms and sign the document, it becomes a valid contract.
In the Negotiation Process, Champion Is Your Advocate
Our advanced negotiating skills will help you obtain the best possible price and terms! We will:
- help you negotiate every contract detail
- help you negotiate all of the pre-settlement details such as home inspection, mortgage, title, and hazard insurance
- protect your interests with a comprehensive purchase contract and the appropriate addenda