Get Email Updates
Get an email the instant your dream home hits the market with your MyLogin account
To put yourself in the best negotiating position before you find the new home you want, the Echo Fine Properties Team will help you put your current home on the market.
Once you write an offer on a new home, your offer will be “contingent” on the sale of your home. A buyer in this position may not have the same negotiating power as one whose home has already sold (or at least has an accepted offer).
The Echo team will call the agent who is the listing agent for the home you have chosen and will make an appointment with the seller to present your offer.
The Echo Fine Properties Team is there to explain the details of your offer and negotiate on your behalf.
There are two resources for finding this information:
If you offer less money, the seller has three options. They can accept the lower offer, counter your offer, or reject it completely.
Remember that there could be another buyer out there who is also interested in the home you’ve chosen. If they happen to write an offer at the same time you do, the seller will have two offers to compare. There are usually many aspects of each offer to consider, but ultimately the seller will want to accept the best price and terms.
In active real estate markets, homes often sell near their listed price. In hot markets, there may be many buyers vying for the same house, which sometimes drives the final sale price above the original listing price. Jeff can help you plan your strategy, based on the current real estate market in our area.
When you write the offer on the home you’ve chosen, you will be expected to include an earnest money deposit, typically a total of 5-10% of the purchase price. The deposit is a sign of your good faith that you are seriously interested in buying the home.
The earnest money is deposited into the Escrow Account. That deposit becomes a credit to the buyer and is applied towards the purchase price.
Real estate contracts are complicated legal transactions. This is another area where having a knowledgeable and professional agent is a necessity.
Rarely does the buyer lose the earnest money. Most often, if the transaction falls apart, there are circumstances beyond the buyer’s control that cause it to happen. However, if the buyer willfully decides that they no longer want to buy the house and have no legal reason for rescinding their offer, they may lose the earnest money deposit. Specific legal questions should be taken up with a Florida real estate attorney.
There are other fees, including, but not limited to: appraisal, credit report, inspection, recording fees, and taxes, which will be debited at closing.
Dear Jeff, Thank you so much for selling our mother's home in Palm Beach Gardens. You quickly gained her complete trust and our confidence through...Read More >
Dear Jamie, Thanks again for doing such a great job on the sale of my father’s condo...@ the Longwood...It was a pleasure dealing with you....I’m...Read More >
Chris Paulina and I wanted to send a note of many thanks for finding us our dream condo so fast! We appreciate you paying attention to...Read More >
With our Home ECHOnomics Guarantee of 57 promises to make sure everything that is supposed to happen, happens, you'll have the best in your corner. So let the Joy, the Beauty, the Logic and the Power of Home ECHOnomics work for you.
or Create your MyHomes account today?
In only 30 seconds you will have full access to property, community info and SOLD data you can't get anywhere else.