Handling the Offer Flashcards

1
Q

Where may offers come from?

A
  • A buyer
  • An agent acting on behalf of the buyer
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2
Q

3 steps to managing the offer effectively?

A

1.) Check & present the offer
2.) Estimate the sellers’ net proceeds from the sale
3.) Let the seller decide when/who to sell the property to

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3
Q

What should you make sure of when checking & presenting the offer?

A

Make sure the buyers are motivated & financially qualified.

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4
Q

What is the estimate of the sellers’ net proceeds from the sale based on?

A

The offer minus estimated costs.

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