How do we submit a counter offer?

256 views

How do we submit a counter offer?

How do we submit a counter offer?

support@jarbly.com Changed status to publish February 2, 2025
0

In Florida, submitting a counteroffer can be done in a few ways, depending on how the parties prefer to communicate and the nature of the changes being made. Here’s a general overview:

  1. Verbal Counteroffer:
    A counteroffer can initially be made verbally. This is often done between the buyer’s agent and the seller’s agent to express a change in terms, such as price, contingencies, or other conditions. The verbal agreement helps facilitate a conversation and determine if both parties are close to agreeing before drafting the formal paperwork.
  2. Writing the Counteroffer:
    Once a verbal counteroffer is agreed upon, it needs to be documented in writing to be legally binding. In Florida, this can be done in several ways:

    • Amending the Original Contract: The original contract can be amended by crossing out the original terms (e.g., price, date, or contingency terms) and initialing the changes. Both parties must sign and initial these changes to make them valid.
    • Checking the Counteroffer Box: The counteroffer box in the contract can be checked to show that the original offer has been modified. This indicates that the seller is countering the buyer’s offer with new terms, and it allows for a direct comparison between the original terms and the counteroffer.
    • Rewriting the Entire Offer: In some cases, it might be simpler to rewrite the entire “As Is” contract with the counteroffer terms. This ensures that the counteroffer is clearly laid out and that all parties are aligned on the modifications.
  3. Using EZ Offer:
    Platforms like EZ Offer make it even easier to submit a counteroffer. These tools allow agents to submit a counteroffer electronically and streamline the process of making changes. With EZ Offer, the counteroffer can be generated, signed, and submitted quickly, which helps keep things efficient and ensures that all parties are on the same page.

Regardless of the method used, the key is clarity—ensure that all changes to the original offer are clearly marked, and both parties have agreed on the new terms before finalizing the contract. The counteroffer becomes binding once both parties sign the amended contract or counteroffer, and the transaction can proceed.

support@jarbly.com Changed status to publish February 2, 2025
0
0
    0
    Your Cart
    Your cart is emptyReturn to Shop