Buyers Ask: Who negotiates the sales agreement?

The negotiating in a real estate offer is typically done by the real estate agents representing the buyer and the seller. However, the buyer and seller can also negotiate directly with each other, especially in a private sale.

In most cases, the buyer's agent will present the seller's agent with the buyer's initial offer. The seller's agent will then present the offer to the seller. The seller may accept the offer as is, reject it, or counteroffer with a different price or terms. The buyer's agent will then present the counteroffer to the buyer, and the negotiation process will continue until both parties reach an agreement.

It is important to note that the real estate agents are representing their clients' interests, not their own. Therefore, it is important for buyers and sellers to understand their own negotiating goals and to communicate those goals to their agents clearly.

Here are some tips for negotiating a real estate offer:

  • Do your research. Before you make an offer, it is important to do your research and understand the current market value of the property. This will help you to make a fair and competitive offer.
  • Be prepared to walk away. It is important to be prepared to walk away from the negotiation if you are not able to reach an agreement that is acceptable to you. This will show the other party that you are serious about getting the best deal possible.
  • Be flexible. It is also important to be flexible in your negotiations. Be prepared to compromise on some points in order to reach an agreement.
  • Be professional. Even if the negotiations become heated, it is important to remain professional and respectful. This will help to create a positive negotiating environment and make it more likely that you will be able to reach an agreement.

If you are unsure about how to negotiate a real estate offer, it is a good idea to consult with a qualified real estate agent. They can help you to develop a negotiating strategy that is in your best interests.

 

 

  1. 1
  2. 2
  3. 3

What's Your Home Really Worth?

You’re one step away from finding out the value of your property at:

By providing Adam Baldwin your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thank You!

We’re going to prepare a customized report with information on the value of your home.
Browse Properties