The real estate negotiating process can be a long and complicated one, but it doesn’t have to be. When you partner with Certainli Realty in London, Ontario, you’ll have experts in your corner to get you the best possible price. Here’s a quick look at the main steps in the real estate negotiating process. Contact us today!
The Offer
The first step in the real estate negotiating process is making an initial offer on the property. This is usually done through a real estate agent, such as those at Certainli Realty, who will help you come up with a fair and reasonable offer based on the current market value of the property and any other factors that may be important to you.
Counteroffer
If the seller accepts your initial offer, congratulations! Most likely, they will likely come back with a counteroffer. This is where the real negotiating begins. Both parties will try to come to an agreement on a price that is fair for both sides.
Negotiation Process
Once a fair price has been agreed upon, the next step is to negotiate the terms of the sale. This includes things like the length of the contract, the down payment, and any other special conditions, such as repairs, that may be important to either party.
Final Offer & Closing
Once all the terms have been agreed upon, the next step is to make a final offer. This offer will be binding, meaning that if the seller accepts it, you are obligated to purchase the property. The final step in the process is closing the deal. This is where all the paperwork is signed and the property is officially transferred to the buyer. Congratulations, you are now a homeowner!
Certainli Realty makes the entire process of buying or selling a home easy. We handle all of the negotiations, so you get the best price possible. Get in touch with our real estate brokerage in London, Ontario today!
