When it comes time to make an offer you will require current market information and assistance in drafting your offer. You will need a Real Estate Professional.

A Real Estate Professional will communicate your Offer to Purchase to the seller, or the seller's representative, on your behalf. Sometimes there may be more than one offer on a property at the same time. A Real Estate Professional can guide you through this process.

Firm Offer to Purchase

Usually preferable to the seller because it means buyers are prepared to purchase the property without any conditions.

Conditional Offer to Purchase

Usually means there are one or more conditions on the purchase, such as "subject to property inspection", "subject to financing" or "subject to sale of buyer's existing property". The property is not sold until all the conditions have been met.

My McCarthy Team Sales Representative just told me my listed property “Sold Conditional” what does that mean?

At this stage your McCarthy Team Sales Rep has been working hard in the negotiation stage and you have come to an agreement with the buyers that have “conditions” attached. Before the transaction can be completed and the contract is binding some agreed upon conditions must be met. Some of the more common conditions include a home inspection, approval of financing or completion of an appraisal. Once the conditions have been fulfilled the transaction will be what is called “Sold Firm” and the McCarthy Realty Team will be putting up the SOLD Sign.

Acceptance of Offer

An Offer to Purchase is presented to a seller who may accept the offer, reject it, or submit a counter-offer. The counter-offer may be in reference to the price, closing date, or any number of variables. Offers can go back and forth until both parties have agreed to terms or either side ends the negotiations.