Real estate offer form 2025

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Ask your real estate agent, but also consider the following rules of thumb for making an offer on a house. Less than 10% below: This is a reasonable offer if the property requires only cosmetic repairs. If the home is move-in-ready, make an offer closer to the asking price.
Its also acceptable to offer 20% or more below asking when the house has been priced significantly higher than what other homes in the neighborhood have sold for. If comparable homes have sold for much lower than the list price of the house youre interested in, that could work in your favor.
Offers of around 5-10% below asking price are perfectly acceptable. Any more than that would be significantly below market value and rejected.
If youre thinking about offering more than the asking price, how high you want to go will depend on the situation. Less than 10% over: If youre in a relatively neutral market, you may want to offer just a bit more than the asking price to show your interest in a home and to make your offer more competitive.
A real estate purchase counter-offer is a written response made by either a buyer or seller when negotiating a real estate transaction. It is common to give the other party 48 to 72 hours to agree to the terms stated in the counter-offer.
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First, thank the owner for the opportunity to view the house or the property. Then reiterate your terms, such as how much you are offering, how you plan to pay for the purchase, and your ideal closing time frame. Include information on your payment preferences, whether cash or through financing.
Steps to Write an Offer Make sure the price is right. Show proof of pre-qualification. Offer more earnest money. Waive certain contingencies. Include an escalation clause. Limit your asks for extras. Be agreeable to the sellers needs. Be polite.

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