Fairfax County VA Home Search Website Blog

June 29, 2008

How to Make and Counter an Offer on Fairfax County VA Homes for Sale

Filed under: Fairfax County VA homes for sale — Northern Virginia Real Estate Agent @ 6:40 am

By the time you finally find the home of your dreams, you probably hope the process is finished. Yet, finding the right home is only part it. You still have to find a price you and the seller can agree upon. To do this, you need to make and counter offers on the Fairfax County VA homes for sale you want. As your real estate agent, I will speak to the seller on your behalf, but you have to be prepared for the negotiation process.

Here are some tips to help make your purchase go smoother:

  • Start with your best offer. This is usually the first communication you will have with the seller, and it will give them an idea of whether or not they really want to work with you. Choose a realistic price (an offer that is too low is offensive to the seller), and leave yourself a little room to negotiate. We need to include with this offer a realistic time frame, terms, and deposit information.
  • Keep your eye on the end result. If you really want this particular home, you may have to ignore small differences. Does it really matter if you have to pay $1000 more for the home or if you have to buy new curtain rods for each room? The negotiation process is merely a way for you and the seller to find terms you can both agree with. Don’t let petty issues keep you from owning the home of your dreams.
  • Save your contingencies. Your initial offer needs to contain basic information about the sale price, terms of the agreement, and closing time frame. Contingencies, like asking the seller to leave behind certain items in the home, should wait until you are further in the negotiation process. If you really want the window treatments in the home and the seller refuses to lower their asking price, you can ask them to include the window treatments in lieu of the price reduction.

Be smart as you make and counter an offer on Fairfax County VA homes for sale. Never purchased a real estate property before?  Order my free Buyers book or CD to learn the real estate buying process from A to Z.   

Are you ready to work with one of the top Fairfax County VA Accredited Buyer Representative agents?  If you’ll let me, I’ll guide you through the entire home buying process and help you negotiate the best price and terms on your new home. Call me today at 703-909-3939 or email me at Steve@HomeSearchWebsite.com.

Steve Hawkins
Long and Foster REALTORS®
Springfield, Virginia
www.HomeSearchWebsite.com
Steve@HomeSearchWebsite.com
703-909-3939

4 Responses to “How to Make and Counter an Offer on Fairfax County VA Homes for Sale”

  1. [...] Original post by Alexandria, Arlington & Fairfax, VA Homes for Sale [...]

  2. [...] property through a local real estate agent. The bank is usually motivated to sell the home and will negotiate terms like down payment and closing costs.  The bank will pay the real estate agent’s commission, and [...]

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