Top reasons to accept a home purchase offer

by Bill and Aby Brooks, REALTORS® 11/24/2024

Top reasons to accept a home purchase offer featured image

With the constant flow and moving parts of the real estate market, as a home seller, you may feel the urge to jump on the opportunity to finalize the sell of your home as soon as you receive an offer. However, taking time to review some key facts before accepting an offer letter can help you make a well-informed decision and boost up your earning potential.

Review your home selling goals

Before accepting an offer, review your home selling goals to make sure everything aligns. Is the amount offered within the range you were aiming for? Does the offer make your home selling journey easier, or will it require extra work, such as the proposal for extra improvements to be done to the property (for example, an updated roof)?

If a proposal fails to meet your home selling goals, you may want to counter or reject the offer. On the other hand, if an offer to purchase falls in line with your home selling goals, you may want to approve the proposal.

Consider your home selling timeline

As you start to receive offer letters for your home, it’s essential to consider the timeline in which you’d like to sell the property. If you receive an offer slightly below your initial asking price from a buyer equipped to finalize the sell as soon as possible, you may be more prompt to accept the offer if you need to move out quickly.

Consult a real estate agent

When you receive an offer to purchase your home, a real estate agent can provide expert information to help you decide if an offer is worth accepting. If the offer is below expectation, they can advocate on your behalf and help you counteroffer or help you in deciding to decline.

Even though the home selling process can be stressful, it’s important to take your time as you make decisions each step of the way and collaborate with a real estate professional who has your best interest in mind.

Offer To Purchase

Accepting Offers

About the Author

Bill and Aby Brooks, REALTORS®

Aby’s understanding of excellent customer service stems from her extensive professional background. Prior to earning her real estate license in 2005, along with her college degree that focuses on business and engineering, Aby was the head of purchasing, inventory and quality assurance for an OEM medical and aerospace manufacturing company. Known by her clients and fellow realtors for her tenacity, honesty, integrity, and attention to detail, as a full-time realtor, she is also appreciated for her quick response to her client’s needs. Aby has been an avid horse rider and owner since the age of eight, with her husband Billas a local firefighter/EMT they are very active within the community. Bill served as a US Army Airborne Ranger in 75th Ranger Regiment, he is a combat-wounded veteran who was awarded a Purple Heart. Bill's background as facility Manager for an International metals company and as a firefighter/EMT gives him the experience, attention to detail and the desire to go above and beyond to serve his customers. The Brooks' serve on the board of a local non-profit (501c3) that gives back to the veterans, first responders and their families. The Brooks family resides on their small ranch in Manatee County. Aby& Bill excel in all types of real estate and their passion is helping people. “We genuinely like people, growing up in Sarasota and Manatee counties and now raising our own family here, it is an absolute pleasure to share our growing area with newcomers and reminisce with longtime residents. Our area has so much to offer and it is our business to help folks buy and sell their own piece of paradise.”