#rejected offer

You've found your dream home and have submitted what you hope is a winning offer to the seller. The seller has three options – to accept your offer as is, reject it outright, or counter the price or any of the terms, such as length of contingencies. The next step is to respond to the seller's reply.

Step 7 - Respond to the Seller - When the seller's response comes back, usually within 24 hours of presenting the offer, I will review the seller’s response with you.  If the seller has accepted your offer as is, hallelujah! The countdown begins to a successful escrow. If the seller has rejected your offer, I will try to find out why. Perhaps the seller received a better offer and did not want to go through the steps of countering your offer. Sometimes there's a possibility of resubmitting your offer with terms or price that are more attractive to the seller. If the seller countered your offer on either price, terms or both, you will have the same options he or she had: to accept, reject, or counter his offer.  My experience and negotiating skills will benefit you in reaching an agreement that makes both sides happy.