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Handling offers

Handling offers. Handling Offers RESPECT. Respond timely Deliver promptly Obtain signatures Be able to explain all the terms of the offer Initial and date all changes. HANDLING OFFERS. Earnest money: Who holds it? Qualification Use updated and correct forms Submit complete offers.

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Handling offers

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  1. Handling offers

  2. Handling Offers RESPECT • Respond timely • Deliver promptly • Obtain signatures • Be able to explain all theterms of the offer • Initial and date all changes

  3. HANDLING OFFERS • Earnest money: Who holds it? • Qualification • Use updated and correctforms • Submit complete offers

  4. HANDLING OFFERS • Follow up • Keep parties informed • Legible copies – but keep all originals • Progress

  5. Handling Offers RESPECT • Multiple offers • Presentation of offers • Unaccepted offers • Dual-agency disclosure • Remain objective

  6. Handling Offers RESPECT • Seller’s options • Buyer’s options • Expiration • Responsible for notifications

  7. HANDLING OFFERS Discussion Questions • Must all negotiations be completed by the expiration date on the Addendum to the Offer?

  8. HANDLING OFFERS Discussion Questions Must you contact agents who have already submitted an offer when another offer comes in?

  9. HANDLING OFFERS Discussion Questions What should you do if the listing agent tells you there’s a verbal acceptance on a property? Should you still submit an offer for your buyer?

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