Selling

Getting an Offer

What an offer is and how to get one

What is an offer, and what does it include?

Now things get exciting
When you receive a written offer from a potential buyer, your real estate agent will first find out whether or not the individual is prequalified or pre-approved to buy your home.

If so, then you and your agent can review the contract together.


An offer will likely include the following

Legal description of the property
Offer price
Down payment
Financing arrangements
List of fees and who will pay them
Deposit amount
Inspection rights and possible repair allowances
Method of conveying the title and who will handle the closing.

How to get more offers on a home

The Basics

One superpower your realtor has is access to a Multiple Listing Service (MLS) which will add your home to all the relevant lists of homes for sale at once.

After that, your agent will likely use some of the following methods to get interested buyers in your home.

Common ways to publicize

Social media
Yard signs
Open houses
Agent-to-agent referrals