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Sale Agreement # SELLER 'S COUNTER OFFER No. 1 2 This is a counter offer to Seller: Sale Agreement or Buyer 's Counter Offer 3 Buyer: 4 The real property described as: 5 AGREEMENT TO SELL: 6 Seller.

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The sale price is the most commonly changed item in the seller-to-buyer counter offer. ... But if they give you a counter offer below the original list price, the negotiations are on. You can then choose to accept the seller's proposal or make another counter offer back to them.

Your counter offer effectively voided the buyer's original offer. The buyer, who has been released from the original contract, has to agree to continue the conversation. They are legally free to make offers on other homes, and have no obligation to go through with this purchase.

It's not a good idea to counter higher than your asking price unless you started your marketing and your listing with a discounted price, he said. ... One thing to keep in mind: if you as the seller are going to counter above asking price, you had better be confident that the property will appraise for that amount.

As a seller, you can counter at the original list price even if the buyer's initial offer was low. If the buyer really wants your home, they're likely willing to pay what you're asking and simply wanted to open the negotiation at a lower price. It can be helpful to include comps to support your asking price.

If you're going to reject a counter, be polite about it All you have to do is politely decline the counter offer (in other words, don't sign it, and confirm with your agent that you don't want to negotiate further). As a courtesy, your agent will communicate with the listing agent about your position and decision.

How Long Do Sellers Have to Respond. Unfortunately, there's no rule about how quickly a seller has to respond to your offer. However, most sellers will extend the common courtesy to a buyer and respond in writing within 24 to 72 hours (or three business days) from the receipt of the offer.

Theoretically, the buyer and seller can go back and forth with counter offers until they reach an agreement. When the buyer and seller both sign the offer, it becomes a legally binding purchase agreement. *A real estate agent can help you understand and make decisions on offers and will negotiate on your behalf.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232