It's Not Time To Tell The Seller

It is not time to tell the seller.

If you don't want to get, a seller excited and set up for disappointment, wait to tell them about verbal offers.

 

An offer is only an offer when it's in writing with dates and terms and conditions, EMD and lender letters, proof of funds, exclusions, disclosures and signatures, and a few more points in our 40-plus page Maryland contract. 

Some agents will tell you the buyers are interested and try to negotiate a price, date, and terms but do not write a formal offer.

Some agents say they don't want to waste their time and want to run it by you verbally.

And yes, I appreciate the agents asking questions like when would your seller prefer the closing date.

 

Some people negotiate verbally and then put the offer together.  Know your sellers; for some, It's not a  good idea to share the "verbal" until you have an offer.

 

There is no contract offer until you have all those terms in writing.

Thinking about selling a home

Call Margaret Rome

 

Margaret Rome HomeRome Realty Broker/Owner/Realtor® Baltimore, Maryland Sell Your Home With Margaret Rome Radio Host ALL ABOUT REAL ESTATE Sundays 12 noon. Author: Real Estate The Rome Way About me My blog My website My radio podcasts

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