Draft Offer is all about your real estate agent preparing a first draft of the contract to buy the property. It is the fourth step in the Writing Offer process.
The Draft Offer process is shown below.
Use the file naming convention:
"YYYY-MM-DD - 1234 Main St - Contract to Buy and Sell Real Estate.pdf"
You will overwrite it when you get the final, fully executed signed copy.
- Draft offer – your real estate agent will draft a contract to buy the property and send it over to you.
Once your real estate agent has created a Draft Offer, you can Review Offer.
IMPORTANT NOTE: This checklist is based on what I personally use with clients in Northern Colorado. Please rely on your local real estate agent for how it works in your local real estate market. This process will definitely vary in different States.