Making an Offer
Your Texas realtor will be an integral part of the offer and negotiation process. It is important to ensure that you are matched with the correct real estate agent.
At this point, we hope you have decided to contract with Calvin Kim. Your real estate agent will be your primary point of contact when making an offer on a house in Texas. In some cases, sellers and buyers will communicate, but usually it’s the real estate agents.
TRUST YOUR BUYER’S AGENT
Making an offer on a house in Texas can be an emotional time. Tensions begin to run high, and often people begin thinking with their hearts instead of their heads. Trust your real estate agent to make quality decisions on your behalf. He or she represents your sole interest. A real estate agent knows the market conditions at the time of purchase and has a grasp on the buyer’s preferences. The agent will ensure that when bidding on a house, you are not offering more than you can afford or more than the home is worth on the market. However, there are exceptions to this rule. If no other house could make you as happy as this one, it may be worth submitting a high offer to ensure acceptance by seller.
While bidding too high is the primary concern with submitting a bid for a house, bidding too low can ruin the chance at obtaining a counteroffer. Making an offer on a house in Texas is about moves and counter moves. Both parties should walk out of the real estate closing feeling like they have gained something. However, remember that you are buying a piece of property that likely contains memories. There is no reason to insult a seller with an outrageously low initial offer on the house that they have grown up in for the last 25 years.
Again, trust your real estate agent to make this decision for you.
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