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Counter Offer

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Counter offer made easy for you

It is a type of offer that is made in a response to another offer that has not been accepted. This revises the initial offer and makes it more appealing for the person who is to make new offer. Accepting a counteroffer will allow you to decline the offer that has been made previously. This gives ample time to negotiate.

A counter offer is mainly made by the seller after a buyer has submitted his quote to purchase a property. And this will also state that the offer by a buyer has been accepted by the seller that too with certain considerations like;

  • Total of the considerations that is generally of higher price.
  • There is an increase of size in the deposit of earnest money.
  • Refuse to pay some fees.
  • Change in the service provider.
  • One can alter closing or the date of possessions.
  • One can exclude all of the property that is personal.
  • Modifying the timeframes of the unforeseen events.

Only a seller can offer a counter offer to a buyer and a buyer can offer a counter to the counter offer by the seller that will become a counter- counter offer or as counter offer No. 2. These counter offers contains expirations that too similar to purchase offers. A seller can accept many offers while the buyer can decide on the agreement of the counter offer that is made to him.

 

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Counter offer.

The Offer to Purchase dated _________ and signed by Buyer, _________, for purchase of real estate at _________ is countered. All terms and conditions to remain the same as stated on the Offer to Purchase except the following: _______________ _______________
Seller agrees to sell and convey the above property on the terms and conditions as set forth in this Seller’s Counter-Offer and acknowledges receipt of a copy of it. The warranties and representations made in this Counter-Offer survive the closing of this transaction.
This Counter-Offer must be accepted on or before _________(TIME IS OF THE ESSENCE) and it shall not become binding upon Seller until a copy of the accepted Counter-Offer is deposited, postage prepaid, in the United States mails, addressed to Seller at _________ or by person delivery thereof to Seller.
Dated: _________
[Signature(s) of seller(s)]
_________[Name of licensee who negotiated this Counter-Offer]
_______________

The above Counter-Offer is hereby (accepted/countered). If countered, all terms and conditions to remain the same as stated on the Offer to Purchase and not to include any of the terms on the above or any other Counter-Offer except the following: _______________ _______________
This Buyer’s Counter-Offer must be accepted on or before _________(TIME IS OF THE ESSENCE) and it shall not become binding upon Buyer until a copy of the accepted Counter-Offer is deposited, postage prepaid, in the United States mails, addressed to Buyer at _________ or by personal delivery thereof to Buyer.
Dated: _________
[Signature(s) of buyer(s)]
_________[Name of licensee who negotiated this Counter-Offer]
_______________

Buyer’s above Counter-Offer is hereby accepted. If Seller is not accepting Buyer’s Counter-Offer, Seller should not sign below. Seller may counter on a new Counter-Offer form.
Dated: _________
[Signature(s) of seller(s)]
_________[Name of licensee who negotiated this Counter-Offer]
_______________

[Attach original Offer to Purchase]

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