Page 20 - John McClintock Team Presentation Booklet - 829 Stark Circle

PREPARING FOR THE OFFER
Our Standard to Protect YOU!!
Requirements to place an offer on your property:
It must be ”in writing” (no verbal offers) and delivered to our hands/email.
It must include an official Pre-Approval from a reputable mortgage company/bank in writing on their letterhead (if not cash), and it must include the buyer’s loan officer’s name and contact information.
It must include all the appropriate signed paperwork including the Agreement of Sale, Seller’s Property Disclosure Statement, Buyer’s Financial Information, any and all terms and contingencies, etc.
In slow economic times, offers to purchase routinely come in “low” whereas in healthy economic times, offers are closer to, at, or over the asking price. Do not be offended by any offer received. You do not have to accept an unacceptable offer.
• ACCEPTANCE. Signed by all parties, dated, delivered... Congratulations, you’re on your way to having your property sold!
• REJECTION. Unconditional... Unfortunately, your home is still on the market.
• COUNTER OFFER. Any change to the contract
constitutes a counter offer. You are now in the
negotiation stage.
• NO ACTION. Equals rejection. Your home is still on the market.