It is common for the listing agent to gather the offer and all counter-offers after they have been executed (signed by all parties) and thend send them to the escrow company to "open escrow"... the escrow companywill then arrange for the earnest money deposit to be delivered or wired to them and then type escrow instructions and away you go on your way to home ownership!
Hopefully you have a competent buyer's agent that you trust representing you. It is free and to your best interest. Do not go at it alone..
If you like my answer give it a thumbs up!
Best of luck!
Ron Escobar, MBA
Broker & General Contractor
The offer can be presented in person to the listing agent. Secure email is becoming more popular with Realtors and I see a paperless move generally in the industry. All of these document are presented to the seller before escrow.
For clear and concise answers to questions you should refer to your buyer agent..who I hope is working with you.
Your agent should revise the contract. You will sign it and then it is delivered to the listing agent to have the seller sign. Email is fine.
Once you the buyer have received the fully executed contract back you need to get a copy to your lender, schedule your insepctions and deliver the earnest money and/or diligence fee to the lsiting agency unless your contract specifies otherwise.
Buyers need their own agents. Wokring with the listing agent is foolish and getting specific contractual advice on-line is a receipe for disaster.
Once a purcahse agreement has been fully executed meaning all parties have agreed on the terms and conditions and signed it is delivered to escrow within one to two business days.
If there are counters the counters along with the purchase agreement and buyer's deposit are delivered to escrow.
Delivery can be done in person or by courrier.
I actually like to deliver to escrow in person. I like to have a face to face with the escorw officer.
By the way, your agent should be able to answer this... it's RE 101. You do have an agent, right?
The purchase contract and any counters can be delivered electronically (email) which makes it easier to send copies to the various parties involved (the buyer, seller, their agents, escrow, buyer's lender, etc).
As soon as a contract is accepted by all parties, it should be delivered to the seller's agent as soon as possible, as the buyer only has 3 days from acceptance to get his good faith deposit into escrow.
If there are counters issued against the original offer, then they all tie in together, no need to rewrite the original offer. Think of the counters as amendments to the orignal offer to purchase.
The listing agent will deliver the offer and all counters to escrow and the next step would be to arrange deposit of your good faith deposit into escrow, which is done in a variety of ways, the most preferred menthod is via wire transfer.
Hope this helps.
The buyer makes the offer & the seller either signs it or counters. Once all parties have signed the 'confirmation of receipt' - it is sent back to the other agent via email or fax. The listing agent ultimately needs the executed contract (with all signuatres) in order to open escrow.
If there are time frames, they are noted on the contract and/or counter offers. If in doubt, ask your agent about YOUR contract.
The final, signed counter offer needs to be delivered along with signed copies of the contract and all counters.
2) Listing agent, buyer's agent, or real estate attorney should revise it before delivering to escrow.
3) Once revision is acceptable, it could be emailed only under the approval and aknowledgement of all parties involved.
4) Delivery time is stated in contract; it could be for example after buyer's inspection contingency removal time.
5) Do you have an agent representing you in this purchase?
The listing agent and the buyer's agent will handle the delivery of the contract. Email transmission, as long as the copy is legible, is acceptable.
I hope this helps.