Ready To Make An Offer? Watch This.
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.
A pre-approval letter is one of the best negotiating tools a buyer can have. It shows the seller that you are financially able to purchase the home. After you have found the right home, it is time to prepare the offer.
Now, let’s break down exactly how the offer-making process works. Here are the steps:
“Before we start touring homes, per new regulations from the National Association of REALTORS® (effective August 17, 2024) and the Las Vegas Realtors’ local MLS (effective July 31, 2024), you’ll need to meet with the agent and sign a simple buyer-agreement.
This agreement is designed to be fair, clear, and protect your best interests. Once signed—typically over a quick call or in-person chat—we’ll be free to confidently explore your ideal home together.”
First, you’ll view a house and decide you want to make an offer.Our team will do an analysis of the property to help you decide what a solid offer on the property looks like.We will help you write an offer letter and send it to the seller.The seller will respond in one of three ways:
The seller accepts the offer.
Everyone is happy and as soon as both sides sign the offer letter, you’re officially under contract and on your way to buying a house!
The seller makes a counteroffer.
You can either accept this counteroffer, go back with another offer of your own, or walk away.
The seller declines the offer.
You could then try to make a more appealing offer, if your budget allows, or move on to find another house.