Accepting An Offer
The Price Is Not Always Right.
The higher the price doesn’t necessarily mean the better the offer. We will help you to determine the best offer based on several qualifying factors. Price is not always the determining criteria when accepting an offer for several important reasons: the initial offer is usually not final, and there are a number of terms and conditions that may influence the final outcome of a price. You can trust Hartman Cole to help you thoroughly evaluate every proposal without compromising your marketing position. We want to assist you in achieving the best price possible under the best terms for you. We hold this fiduciary responsibility to you at the top of list of priorties as your agent.
Negotiating The Right Way.
At Hartman Cole, we take the ethical responsibility of fairly and honestly negotiating contractual terms very seriously. It is our job to find a win-win agreement that is beneficial to all parties involved using strict ethical guidelines. You may even have to deal with multiple offers before ratifying the one you judge to be the most suitable for you – and as your agents, we will guarantee a thorough and objective assessment of each offer to help you make the right choice.
The Initial Agreement and Deposit.
An California Residential Purchase Agreement is a legal contract between a potential purchaser and the property’s seller. While in some states the contract is drafted by attorneys, in California the buyer’s agent prepares the contract with the buyer’s offer for presentation to the seller through the listing agent. The Hartman Cole Team are experts in helping you get through California’s real estate contract law and we guide you through the entire process with our expert advice to help reduce your legal liability. California contract law requires that in order to be a legally, binding agreement, the contract requires consideration. This consideration (buyer’s initial deposit) is held in the escrow account pending the fulfillment of conditions or contingencies in the purchase agreement. This deposit may be provided to you, the seller, for damages should the buyer default on the agreement.
Some important tips to keep in mind to streamline the process even further:
- It is important to keep written records of everything.
For the sake of clarity, it will be extremely useful to transcribe all verbal requests or acknowledgments into written agreements including counter-offers and addendums. We then present these written agreements to be signed by both parties. We will assist you in drafting and presenting all the paperwork for your sale and make sure that you have copies of everything.
- Stick to the schedule. After you have chosen your offer and accepted it, you and the buyer will be given a timeline to mark every stage in the process of closing the real estate contract. Meeting the requirements on time ensures a smoother flow of negotiations and also ensures that each party involved is not in breach of their agreements. During the process we will keep you constantly updated so you will always be prepared for the next step.