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  • Michelle Wylie, your Realtor for Annapolis, Anne Arundel County and the surrounding areas

    Accept, Reject, or Counter your offer for Annapolis real estate and Anne Arundel County real estate

    So finally after weeks of keeping everything dusted, primped, and nearly perfect, you've received a written offer to purchase for your home. Emotions are high as you anticipate whether the offer will be acceptable. This is a very good point to review your options.

    Option #1 - Say the offer is written to be fully acceptable, most sellers feel their first concern is price. Contrary to experience, possession can be the real problem. Keep in mind that often times, both families may have deadlines on the selling and the buying end of this transaction. If all points of the agreement are workable, you have got a contract to buy your home! Endorsing this agreement finalizes the contract leaving it contingent upon other conditions of the agreement that can include: financing, a home inspection, and hopefully your attorney's approval. Attorney's will agree that it is much easier to clarify all points subject to their review than trying to handle problems later.

    Option #2 - If the offer is written and you feel it is totally unacceptable, then you have the option of simply rejecting the offer completely. If you do this, the buyer will have no point of reference to re-negotiate should they be interested in resubmitting the offer. Consider winning the war instead of just the battle. By countering, you keep the negotiations open, and alive. If you feel firmly about certain points on the agreement, the buyer will at least be aware of them and now have a clearer perspective of your position. By not responding at all, the negotiations could end even though your buyer could have full intentions to meet your needs. Keeping the channels open is the most profitable negotiating tool. Feeling insulted and refusing to counter can sell you short.

    Option #3 - Perhaps the best alternative is simply to counter those points with what you want. Countering clarifies the position of the seller on all points of the agreement; price being only one facet of the purchase offer. Most often personal property is an object of negotiations. The seller excludes from the premises things like the refrigerator, or washer, and dryer. Often times the seller is adamant about wanting to retain these items. Other times, for the right price, they can be included with the sale. At the time the home is originally listed for sale, the seller will inform their agent of their true intentions. Often times if the buyer pays a certain price, the seller may choose to include these items with the sale. It is truly short sighted when personal items hang up the negotiations. The true issue then is not the sale of real estate, but over second hand appliances.

    Other countered points are the date of possession and closing. These dates are highly dependent on the terms of financing, and the flexibility of the buyer and the seller. In many states possession is delivered at closing, which means the seller is out of the premises and the buyer can immediately move in once closing is completed. Other states have possession several days after closing. The biggest problems can occur with the actual moving in and moving out scenario. If the contract specifies that possession will be given at closing, the buyer will expect to be moving in directly after the parties leave the closing table. Most often the seller needs the proceeds from the sale to facilitate the purchase of the new home, and is not quite done moving out of the home. The buyer is anxious to move in, and upset about the additional cost of the movers waiting time. The seller has no alternative place to put his belongings, as the new purchase can't close until he has the proceeds from his sale.

    Keep in mind the goal is to sell your home to an able and ready buyer. Keep your options open so you get the best situation for your home sale.

    Your Annapolis realtor and Anne Arundel County realtor helping you find townhouses, townhnomes, single family homes, single family houses, condos, and duplexes. Serving Anne Arundel County, Calvert County, Charles County, Howard County and Queen Anne County.  Accokeek, Annapolis, Annapolis Junction, Aquasco, Arnold, Baltimore, Barstow, Bladensburg, Bowie, Brandywine, Brentwood, Broomes Island, California, Capitol Heights, Cheltenham, Chesapeake Beach, Churchton, Clarksville, Clinton, College Park, Columbia, Cooksville, Crofton, Crownsville, Davidsonville, Dayton, Deale, District Heights, Dowell, Dunkirk, Edgewater, Elkridge, Ellicott City, Fort Meade, Fort Washington, Friendship, Fulton, Galesville, Gambrills, Glen Burnie, Glenelg, Glenn Dale, Glenwood, Hampton Park, Hanover, Harbor Oaks, Harmans, Harwood, Highland, Hollywood, Huntington, Hyattsville, Indian Head, Jessup, Lanham, Laurel, Lexington Park, Linthicum Heights, Lisbon, Lothian, Lusby, Marriottsville, Mayo, Millersville, Mount Airy, Mount Rainier, North Beach, Odenton, Owings, Oxon Hill, Pasadena, Port Republic, Prince Frederick, Riva, Riverdale, Saint Leonard, Savage, Severn, Severna Park, Shady Side, Simpsonville, Solomons, Suitland, Sunderland, Temple Hills, Tracy's Landing, University of Maryland, Upper Marlboro, Waldorf, West Friendship, West River, Woodstock. Admiral Heights, Anchorage, Annapolis Cove, Annapolis Overlook, Annapolis Roads, Arden on the Severn, Arundel on the Bay, Atlantis, August Woods, Bahama View, Bay Ridge, Belvoir, Blackwalnut Cove, Bretton Woods, Cape St. Claire, Cherrystone, Chesapeake Harbour, Cranberry Woods, Epping Forest, Fishing Creek Farms, Harness Creek Overlook, Herald Harbour, Heritage Harbour, Hillsmere, Historic Annapolis, Hunt Meadow, Landing at Spa Creek, Mariners Landing, Martins Cove, Murray Hill, Pendennis Mount, Penderbrooke, Pinehurst, Poplar Point, Revell Down, Riva Trace, Saefern, Saltworks on the Severn, Selby Beach, Sherwood Forest, St. Margarets, Sunrise Beach, Tall Timbers, The Overlook, The Downs, Vineyards at Iglehart, Wardour, Windsor Farm, Woodland, Woodlore. Ask Michelle Wylie, your Annapolis real estate agent to help you with Annapolis relocation, Anne Arundel County relocation, homes for sale, houses for sale, and property for sale. I will help you find a home, find a house, find land; just tell me your needs.