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ensuring you know exactly what you are agreeing to.
4. Your REALTOR® will present and negotiate the offer on your behalf to get you the home that you want at the best price and terms available.
5. You will need funds for a deposit—typically approximately 5% of the purchase price. This can be paid upon acceptance or upon subject removal, and will go towards your purchase price on closing.
What happens next:
• The seller may accept your offer—congratulations!
• The seller may reject your offer—not common, but it can happen and your REALTOR® would endeavor to find out why.
• The seller may counter your offer, changing the terms of the offer and presenting that counter offer to back to you.
• Negotiations then continue until agreeable terms between the seller and yourself are reached, or until your REALTOR® knows an agreement cannot be reached and it is time to walk away.
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