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Making an Offer on a Home

Counter Offers

After you make an offer on a home, the seller can accept, reject, or counter your offer. A counterproposal is a response back from the Seller modifying the original terms of the offer you made to buy the property. Your REALTOR® will be the one to relay the seller's response back to you.

If the seller rejects your offer, you can decide whether you are able to financially make another offer on the home, or if you even desire to pursue the purchase further. It is also likely that additional negotiations will take place, all of which will be handled by the REALTORS® involved. The seller can also make a counteroffer.

Before you accept any counteroffer, you should carefully review all changes to the contract which may include additional mortgage financing.