By Elizabeth Putnam, Real Estate Broker | Mosaic Community Lifestyle Realty | Asheville & Western North Carolina
You have found a home that feels right. You might already be mentally arranging the furniture! Before we get too far into decorating, let’s evaluate its value and decide what terms you are comfortable offering.
My role is to advise you. You determine your offer.
Review the Property and the Market
Before offering, we will review relevant available information. Depending on the property, that may include disclosures, county records, the deed, an available plat or survey, HOA documents, restrictions, and maps addressing flood or slope-related concerns.
Public records and maps have limitations. We will identify missing information and questions that need an attorney, surveyor, or other professional.
I will also review comparable properties with you. Recent sales help us evaluate value; active listings show the alternatives available. Condition, location, features, and market activity all matter.
Consider More Than Price
Your offer typically addresses:
- Purchase price: What you are willing to pay.
- Due diligence fee and earnest money: The negotiated payments and deposits.
- Due diligence period: Time to investigate the home and transaction.
- Settlement date: The proposed date for signing and settlement.
- Other terms: Included items, seller concessions, and appropriate addenda.
Before choosing deposit amounts or deadlines, read Due Diligence Explained. Understanding your financial exposure is part of choosing a sensible offer.
Understand Each Decision
We commonly use standard forms prepared by NC REALTORS® and the North Carolina Bar Association. I will walk through the forms and complete them according to your instructions. Questions requiring legal interpretation or custom legal language belong with an attorney.
Negotiations may move quickly or take several rounds. We will consider counteroffers together and discuss what each change means for you. Agreement requires the necessary signatures and communication of acceptance; submitting an offer alone does not create a contract.
Take a breath before hitting “send.” There is no obligation to offer more than you are comfortable paying. An informed decision includes knowing when a property or its terms no longer work for you.
Questions about preparing an offer? Call or text (828) 301-6374.
Related reading: Step 7: Under Contract · Homebuying Overview
- Homebuying Guide
