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Real Estate Tips
Accepting An Offer >Offers and Counter Offers

Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?

The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.

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Real Estate Trivia
Q 
What real estate board game became the best-selling game in America just one year after it was created?

A 
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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Marc Chadbourne, REALTOR®, real estate agent and broker for Waterville, Winslow and Oakland, Maine home listings, property and land for sale - NUMBER1EXPERT(tm)

Marc Chadbourne
Century 21 Nason Realty

11 Bay Street
Winslow, ME 04901
Office: 207-873-2119
Fax: 207-873-6843
Cell: 207-465-5569
info@MarcChadbourne.com

THERE IS NO SUBSTITUTE FOR EXPERIENCE!

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