Accepting an Offer

When accepting an offer on your property, it’s important to consider more than just the price. Here’s what you need to know:

• Price Isn’t Everything: Don’t be misled by the belief that a higher price always means a better offer. The initial offer is typically not final, and there are various terms and conditions that can impact the overall value of an offer. Peter will help you thoroughly evaluate each proposal, taking into account all factors, without compromising your marketing position.
• Negotiating Fairly: As your real estate agent, Peter takes the ethical responsibility of negotiating contractual terms seriously. The goal is to find a win-win agreement that benefits all parties involved. You may receive multiple offers, and Peter will provide a thorough and objective assessment of each offer to help you make the right choice.
• Initial Agreement and Deposit: The agreement between the potential buyer and the seller is a legally binding arrangement. As part of this agreement, an initial deposit, and potentially additional deposits, will be held in an attorney escrow account until the conditions or contingencies outlined in the agreement are met.
• Attorney Review: After accepting an offer, your attorney will have three business days to review the contract and recommend any changes or modifications if necessary. This attorney review period allows for a careful examination of the agreement to ensure that your interests are protected.

During this process, Peter Cagnassola and your attorney will work together to navigate the negotiations and review to ensure a smooth and satisfactory transaction. They will guide you through the legal aspects, address any concerns, and help you make informed decisions regarding the offers received.