Write Offer

Before: Buying Process Overview: First Meeting: Write Offer

Write Offer is all about knowing the basics you’ll need to be prepared to write an offer should you find a home that you’re interested in. It is the seventh and final step in the First Meeting with your real estate agent process.

first-meeting-with-real-estate-agent-write-offer

The Write Offer process is shown below.

Class Watch "Making Strong Offers that Get Accepted" Recording of Live Class

Watch the recording of the live presentation of "Making Strong Offers that Get Accepted" available on:

https://RealEstateFinancialPlanner.com/making-strong-offers-that-get-accepted/

ClassesFirst Meeting: Write OfferMaking OffersMarket StatsUltimate Nomad ChecklistWeek 59Week 7

Class Watch "Low Ball Offer Case Studies" Recording of Live Class

Watch the recording of the live presentation of "Low Ball Offer Case Studies" available on:

https://RealEstateFinancialPlanner.com/low-ball-offer/

ASAPClassesFirst Meeting: Write OfferMarket StatsUltimate Nomad ChecklistWeek 59Week 7

Discuss what is required to write an offer

Discuss with your Real Estate Broker what is required when you're ready to write an offer.

Here is most of what is required as a guide to discuss:

  • Full name(s) as you want it to appear on title
  • Offer price
  • Seller concessions amount (if any)
  • Earnest money amount and when it is due
  • Down payment amount and when it is due
  • Loan type or types you are considering to buy the property
  • Days until you close
  • Any dates and deadlines that are a concern from you that differ from the norm
  • Loan pre-approval letter
  • Who's paying the Closing Services Fee
  • Any due diligence documents you require
  • Anything you might want to do to make your offer stronger

Mark this task as complete once you understand what is required to write an offer when you're ready.

ASAPFirst Meeting: Write OfferUltimate Nomad ChecklistWeek 7

Receive a generic copy of the "Contract to Buy and Sell Real Estate"

Receive a completed copy of the "Contract to Buy and Sell Real Estate" from your Real Estate Broker so you can see how it might look filled out in a generic way.

ASAPFirst Meeting: Write OfferUltimate Nomad ChecklistWeek 7

Read through "Contract to Buy and Sell Real Estate"

Read through the generic completed version of the "Contract to Buy and Sell Real Estate" with a pen and a highlighter. Highlight sections you have questions about and write down your questions on the contract itself.

Schedule time to meet with your Real Estate Broker, Attorney and CPA as needed to get your questions answered.

ASAPFirst Meeting: Write OfferUltimate Nomad ChecklistWeek 7

Meet with your Attorney to go over "Contract to Buy and Sell Real Estate"

Once you've read through the "Contract to Buy and Sell Real Estate" and highlighted sections you have questions about, take your questions and meet with your Contract and Paperwork Attorney and go over your questions about the "Contract to Buy and Sell Real Estate".

Better to do this well before you have an offer you're about to make so you don't delay making your offer and miss out on a property you really want.

Mark this task as complete once you feel comfortable with the "Contract to Buy and Sell Real Estate".

ASAPFirst Meeting: Write OfferUltimate Nomad ChecklistWeek 7

Meet with your Real Estate Broker to go over "Contract to Buy and Sell Real Estate"

Once you've read through the "Contract to Buy and Sell Real Estate" and highlighted sections you have questions about, take your questions and meet with your Real Estate Broker and go over your questions about the "Contract to Buy and Sell Real Estate".

Better to do this well before you have an offer you're about to make so you don't delay making your offer and miss out on a property you really want.

Mark this task as complete once you feel comfortable with the "Contract to Buy and Sell Real Estate".

ASAPFirst Meeting: Write OfferUltimate Nomad ChecklistWeek 7

Meet with your CPA to go over "Contract to Buy and Sell Real Estate"

Once you've read through the "Contract to Buy and Sell Real Estate" and highlighted sections you have questions about, take your tax related questions and meet with your CPA and go over your questions about the "Contract to Buy and Sell Real Estate".

Better to do this well before you have an offer you're about to make so you don't delay making your offer and miss out on a property you really want.

Mark this task as complete once you feel comfortable with the "Contract to Buy and Sell Real Estate".

ASAPFirst Meeting: Write OfferUltimate Nomad ChecklistWeek 7

Once you’ve learned about the process you’ll go through when you write an offer, you’re officially finished with the First Meeting and can move on to what you need to do before you go on showings in the Pre-Showings process.

Analyze DealFirst Meeting Pre-Showings

Improvements

The following are improvements I plan to make to this page based on some of my Standard Process Improvement Questions.

  • Improve the writing offer process here.

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  3. Sponsor Read "Prepare for Investor Meeting Checklist"
  4. Sponsor Read "At Investor Meeting Checklist"
  5. Sponsor Read "Before for Real Estate Agents"
  6. Sponsor Read "During for Real Estate Agents"
  7. Sponsor Read "After for Real Estate Agents"
  8. Sponsor Read "Lease Option Ad for Property Listed in MLS for Clients"
  9. Sponsor Read "Standard Process Improvement Questions"

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.

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