1. The Seller’s motivation, current market conditions, types of financing, and average length of time for properties on the market are some of the key factors impacting the negotiating process. Please discuss these with the Broker/Agent prior to signing an offer, counter offer or withdrawal
2. Recognize the competitive nature of the real estate market and the likelihood of competing offers. Realize that in a competing offer situation, only one offer will result in a sale and one or more Buyers may be disappointed.
3. It is very important to accept that a Seller is not obligated to acknowledge, counter or reject an offer. In addition, a Seller may or may not inform other Buyers of the existence of an offer to obtain better terms or price.
4. Confirm with your Broker about how decisions will be made, negotiated or presented for offers, counter offers or withdrawals. Remember that decisions are made by the Buyer.
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