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GREATER TULSA ASSOCIATION OF REALTORS This is a legally binding Contract if not understood, seek advice from an attorneyBUYERS COUNTEROFFER TO SELLERS COUNTEROFFER Date of Buyers Counteroffer, 20.
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How to fill out buyers counteroffer to sellers
How to fill out buyers counteroffer to sellers
01
Start by reviewing the initial offer made by the seller. Understand the terms and conditions mentioned in their offer.
02
Determine the changes you would like to make to the seller’s offer. Identify the specific points you want to negotiate or modify.
03
Clearly state your counteroffer in writing. This can be in the form of a letter or an email.
04
Begin by expressing your interest in the property and appreciating the seller's offer, but also mention the areas that you would like to address.
05
Outline your proposed changes or additions to the initial offer. Be specific and clear in your language.
06
Provide any relevant justification or reasoning for your proposed changes. This could include market analysis, comparable sales data, or specific property conditions.
07
Specify a deadline for the seller to respond to your counteroffer. This allows for a clear timeline for negotiations.
08
Sign and send the counteroffer to the seller, keeping a copy for your records.
09
Be prepared to engage in further negotiations or discussions with the seller regarding your counteroffer.
10
Remember to remain professional and courteous throughout the negotiation process, aiming for a mutually beneficial agreement.
Who needs buyers counteroffer to sellers?
01
Buyers who are interested in purchasing a property but wish to negotiate certain terms or conditions with the seller.
02
Buyers who feel that the initial offer made by the seller does not fully meet their requirements or expectations.
03
Buyers who want to propose changes in price, closing date, contingencies, or other terms mentioned in the seller's offer.
04
Buyers who want to express their willingness to negotiate and find a middle ground that satisfies both parties.
05
Buyers who value transparency and open communication in the real estate buying process.
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