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Making an Offer on a Home

Counter Offers

Your REALTOR® will advise you of the seller's response after you've made an offer.  The seller may accept your offer, reject it, or make a counteroffer.

If your offer is rejected, you will need to decide if you can, and wish to, make a higher offer.  If the seller makes a counteroffer, you will need to make the same determination. Can you afford the new price? Will you need additional mortgage financing?

Other negotiations among the seller, yourself and your REALTOR® may also take place. Before making a counteroffer of your own, or agreeing to go ahead with the purchase, be sure to carefully examine every aspect of the counteroffer before you.