22 | Part 2: Showings & Offers episode artwork

EPISODE · Oct 2, 2024 · 34 MIN

22 | Part 2: Showings & Offers

from ESPRESSOLD · host Annie & Paula

Showings and Offers: Preparation: - Make sure all beds are made, countertops are clean, and clutter is stored away. - Empty trash bins, wipe down surfaces, and tidy up toys and personal items. - Turn on all lights and open blinds/curtains to ensure the home is well-lit and inviting. - If time permits, vacuum carpets, mop floors, and clean glass surfaces for an extra touch. Tips: - Buyers might arrive anytime during the scheduled showing window, so be prepared. - You can decline showings if they are unannounced and have no prior confirmation. Receiving an Offer - Determine Priorities: Before receiving offers, decide what is most important for you: - Price: Are you willing to accept conditions if the price is right? - Conditions: Would you prefer a clean offer even if it's slightly lower to avoid potential delays or risks? - Possession Date: Consider if aligning the closing date with another purchase is crucial. Offer Outcomes: You have several options when handling an offer: - Accept: If the offer is satisfactory as-is. - Reject: If the terms are unsuitable. - Counter: Propose changes if the offer needs modifications. Handling Multiple Offers - Strategy: Narrow down your top 2-3 offers and allow them to compete against each other, choosing the one that aligns best with your priorities. Offer Components - Purchase Contract: A binding agreement only after both buyer and seller sign. - Deposit: Buyers must submit their deposit on time to finalize the contract. - Conditions: Could include financing approval, home inspections, or sale of the buyer's property. - Terms & Addendums: Buyers may request repairs or adjustments after inspections, which can be negotiated. These points provide a structured approach to managing showings and offers, ensuring you’re well-prepared for both.

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