I'm a new real estate agent and my buyer wants to place a bid on a property that is acceping best and final bids by tomorrow at 12pm, what form

Bailey Smith
Agent
Westerville, OH

do i use for their bid?

Answers (6)
Kim Shelton
Agent
Columbus, OH

This kills me! Where is your broker and/or manager? Maybe you're associated with the wrong office if you have to go to an internet networking site for advice, training, and guidance.

Sat Nov 21 2009, 09:04
Brittany Simone...
Agent
Columbus, OH

Bailey-

I have a PDF file of the standard board contract that I would be happy to send you to use as a contract in the future.

Tue Oct 27 2009, 12:48
Tj Roberts,real...
Agent
43221

Bailey,write highest & best on ur counter offer,good luck!

TJ

Mon Oct 26 2009, 05:04
Linda Remington
Agent
44254

Bailey
I think the "form" question has been answered....essentially your office's standard purchase agreement will be sufficient for the initial offer. If it is a REO, most bank owned properties will have additional documentation once an offer has been selected to work with.
You have until tomorrow at 12 to submit, another suggestion I have would be to have your buyer eliminate as many "conditions" prior to the offer as possible. It may not end up factoring in if you are up against CASH buyers in this situation, but if you can do the home inspection prior or address any other concerns of the buyer it does put them in a stronger position with their offer.
Good Luck!

Mon Oct 26 2009, 04:43
Vito Boscaino
Agent
Dublin, OH

The standard Columbus Board of Realtor Purchase Contract will suffice. It's not a question of the form, it is a question of the price being offered, the timing of the offer, and recognizing that the Seller may not present a counteroffer and that your Buyer may only have this one opportunity to submit a bid.

Vito Boscaino
Managing Partner
North High Realty, LLC
Dublin, Ohio

http://www.ServingColumbus.com

Sun Oct 25 2009, 18:38
Denise Friend F...
Agent
Columbus, OH
FIRST ANSWER

Hi Bailey:

Unless the listing agent has a specific form to submit the offer on, your best bet would be to submit the offer on a regular Purchase Contract. Be sure to have your buyer to sign the offer and include his or her pre-approval letter or verification of funds with the offer. Fax it or email it to the listing agent and be sure to call and verify receipt.

Good luck!

Sun Oct 25 2009, 18:37

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 177
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback