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[Music] [Applause] [Music] welcome to inside the real estate market I am Jamie Johnston broker owner of Remax condos plus amendments to offers are a crucial part of the bargaining process many agents attempt to use in an amendment as a substitute for waiving a condition usually in favor of the buyer for example suppose there is a condition on a home inspection the buyer thinks he has found a major problem their agent prepares an amendment to waive the home inspection by deleting the clause they also delete the accepted price in introduced a new lower price and the buyer signs it but wait an amendment also requires the signature of the seller what happens if the seller refuses to sign the amendment is voided and you then go back to the original agreement we just had a case where the buyer outsmarted themselves they came with an amendment the seller did not sign and the buyer ran out of time they did not waive their condition within the time frame making their offer null and void and gue