Leave a Message

Thank you for your message. We will be in touch with you shortly.

What You Need To Know About Making An Offer

June 20, 2021

Real Estate

What You Need To Know About Making An Offer

You’ve narrowed down your wish list, viewed many homes, and finally found your perfect fit. Time to take the leap and make an offer! This can be both incredibly intimidating and exponentially exciting. So how can you throw your hat into the ring with confidence? Here’s what you need to know to make an offer like a boss!

  • Determine your price limit. Work with your agent to determine if the seller’s listing price is fair based on similar home sales in the area, interest in the home, time on the market, and more. Then, figure out the max offer price you are willing to reach that isn’t too financially taxing and settle on what your starting offer price will be.
  • Add contingencies. Any home sale generally comes with a set of contingencies that must be met before it can be completed. These can include inspections, repairs, appraisals, and more. These need to be selected carefully, as an offer with too many may be less appealing to the seller.
  • Set your settlement date. When you submit an offer, you must present a date to settle, generally about 60 days after the purchase agreement is signed. You want to give yourself enough time to meet your end of the contingencies, secure mortgage approval, finalize loan details, and more. If you are the responsible party for a delay, you may have to compensate the seller.
  • Prepare for a counteroffer. You may be going up against other offers or the seller may negotiate, so it’s best to prepare ahead of time for a counteroffer. But this isn’t anything to stress about. Talk through the best strategies with your real estate agent.

Click Here for More Home Buying Tips

Explore Our Other Blogs

Stay Updated On Our Most Recent Blog Posts

The Honest Truth: Pros and Cons of Living in Evergreen, San Jose

Real Estate

The Honest Truth: Pros and Cons of Living in Evergreen, San Jose

Thao Dang Pham  |  May 8, 2025

The Honest Truth: Pros and Cons of Living in Evergreen, San Jose
Commuting Made Easy? Your Guide to Getting Around from Evergreen, San Jose

Real Estate

Commuting Made Easy? Your Guide to Getting Around from Evergreen, San Jose

Brian Ng  |  May 7, 2025

Commuting Made Easy? Your Guide to Getting Around from Evergreen, San Jose
Top Parks, Shopping, and Dining Spots in Evergreen, San Jose

Real Estate

Top Parks, Shopping, and Dining Spots in Evergreen, San Jose

Thao Dang Pham  |  May 6, 2025

Top Parks, Shopping, and Dining Spots in Evergreen, San Jose
Explore Evergreen Real Estate: Types of Homes in This San Jose Neighborhood

Real Estate

Explore Evergreen Real Estate: Types of Homes in This San Jose Neighborhood

Brian Ng  |  May 5, 2025

Explore Evergreen Real Estate: Types of Homes in This San Jose Neighborhood
Evergreen San Jose Schools: A Parent's Guide to Local Education Options

Real Estate

Evergreen San Jose Schools: A Parent's Guide to Local Education Options

Thao Dang Pham  |  May 2, 2025

Evergreen San Jose Schools: A Parent's Guide to Local Education Options
Living in Evergreen, San Jose: Your Guide to the Neighborhood Lifestyle

Real Estate

Living in Evergreen, San Jose: Your Guide to the Neighborhood Lifestyle

Brian Ng  |  May 2, 2025

Living in Evergreen, San Jose: Your Guide to the Neighborhood Lifestyle

Let's Talk

You’ve got questions and we can’t wait to answer them.

FOLLOW US ON INSTAGRAM