One of two things can happen here we can either have multiple offers or a single offer. You, the seller have options, you can either reject the offer, accept the offer or in most cases counter the offer adjusting select details proposed to you by the buyer.
There are 3 major issues to consider when reviewing an offer: Price, Closing and Conditions.
- Price is for many people the most important, at the end of the day people want the highest dollar amount possible for their home. We will help guide you as to what is the best course of action to take when presented with an offer to obtain peak market value.
- The closing date can either save you money or cause the transition to your new home to become expensive. You would like a smooth transition between closing your sale and purchase of your new home and we will make sure everything goes off without a hitch.
- Common conditions could include the buyer obtaining financing, the buyer at their own expense having a home inspection and in the case of a condo they buyer’s lawyer reviewing the Status Certificate (a detailed report on the current status of a condominium corporation).
In some cases the buyer will elect to make an offer without any conditions in order to make the offer more attractive, nevertheless we will walk you through the entire process advising you on each step.