Seller guide · Offers

When an Offer Arrives

Receiving an offer is exciting — but the highest price is not always the strongest offer. Slow the process down and understand what needs attention before you respond.

Offer to purchase on a Smart Brokerages folder

An Offer Is More Than a Price.

The number at the top matters, but the terms underneath it can determine how certain, flexible and workable the sale really is.

Price & Deposit

Look at the purchase price together with the deposit amount and when it must be delivered.

Conditions

Financing, inspection, status certificate, sale-of-property or other conditions can affect certainty and timing.

Dates & Terms

Closing date, irrevocable time, inclusions, exclusions, rental items and special clauses can all matter.

What Happens When the Offer Comes In?

You can review and negotiate it yourself, or bring Smart Brokerages in when the transaction becomes more complex.

Handle the Offer Yourself

$0 additional

  • Read and compare the terms
  • Decide whether to accept, reject or counter
  • Communicate with the buyer or co-operating REALTOR®
  • Track irrevocable times and revisions
  • Coordinate with your lawyer as needed

Best for sellers who are comfortable reading an Agreement of Purchase and Sale and managing negotiations.

Important:Your lawyer remains your source for legal advice. Smart Brokerages' role is the real estate transaction, negotiation, documentation and brokerage trust process.

Five Things to Slow Down and Check

1

How long is the offer open?The irrevocable time tells you how long you have to respond before the offer expires.

2

How strong is the deposit?Consider the amount, timing and how the deposit will be delivered and held.

3

What conditions remain?Conditions may give the buyer a right to terminate if they are not satisfied or waived as required.

4

What stays and what goes?Read the inclusions, exclusions and rental items carefully so both sides understand what is part of the sale.

5

What happens after acceptance?Deposits, notices, conditions, amendments and closing documents all need to move on time.

When the offer becomes the transaction, support matters most.

See exactly what the $999 Professional Offer & Closing Management service covers.

See what's included