Bid and Offer advice from Latter & Blum Inc./REALTORS

Bid or Offer Advice | Latter & Blum Inc./REALTORS

Bid or Offer Advice from Latter & Blum

From the Seller's Perspective

Whether you are buying or selling a home, consider the sale of a home as a transaction beneficial to both parties. Very often buyers and sellers become emotional, feel slighted or even offended if neither party makes a responsible and realistic bid or offer. For all purposes, this is a business transaction that requires multiple parties and often outside services and financing. The "other" services require more time than most people think, but the key to moving the entire process along is an agreement, legally binding, between the buyers and sellers of homes.

Price your home properly as that goes a long way in determining how quickly your home will sell. An agent representing a buyer that is interested in a home must present a bid or offer to your agent regardless of the amount offered. Take a bid or offer seriously, and don't get offended if it is below the price you are asking. You can always negotiate or reject an offer. If you have multiple offers you do not have to accept the higher offer. Some terms in another offer may be more important.

Sellers wish to avoid the threat of litigation following the closing. The best way to accomplish this is to complete the Seller Disclosure Notice accurately and thoroughly by providing full answers to the questions asked. A frequent claim by a buyer in post-litigation closing is that the seller either failed to disclose material information or was misleading in describing some condition of the property.

As a seller, use the following guidelines:

  • Let your Realtor do the negotiating.
  • Look at any bid or offer seriously.
  • Don't get emotional over a bid or offer.
  • Be open-minded to all buyers of homes.
  • For further information please .

All rights reserved.

Contact Us  /  Terms of Use  /  Privacy Policy  /  Site Map  /  Legal Info  /  Accessibility

Licensed by the Louisiana Real Estate Commission

Retargetting pixel