Kim Elizabeth, Realtor® - THE FOR SALE BY OWNER GUIDE

CHAPTER 17 The Final Showdown — Negotiating wn — Negotiating Without Losing Your Shirt (Or our Shirt (Or Sanity) Also featuring: Closings, Contracts, and Termites—Oh My! Cue the confetti — you've finally received an offer on your home! It’s the moment you’ve been dreaming of since you scrubbed your baseboards with a toothbrush. But hold up. Before you break into a happy dance and book your moving truck, we’ve got one tiny mountain left to climb: negotiations. Step 5: Negotiating Like a Boss (Or at Least Like a Mildly Confident Adult) You may get a verbal offer or a full-blown written contract. Either way, channel your inner judge Judy and say:

"Put it in writing."

Verbal offers are about as binding as a pinky promise from a toddler.

Tools of the Trade

You’ll need an actual purchase agreement—the kind lawyers and agents use. Grab one from your local real estate association, a bar association, or that one office store that still sells fax

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