Handling the Offer Flashcards
1
Q
Where may offers come from?
A
- A buyer
- An agent acting on behalf of the buyer
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
3
Q
What should you make sure of when checking & presenting the offer?
A
Make sure the buyers are motivated & financially qualified.
4
Q
What is the estimate of the sellers’ net proceeds from the sale based on?
A
The offer minus estimated costs.