How to place an offer to buy a house

by Chandler Crouch

An offer is made when a buyer fills out the actual purchase/sell contract (blank TREC contract templates) with a price and terms that the buyer would be happy to agree to and delivers it to the seller. To “accept” the offer, the seller simply initials and signs the contract without making any changes to the price or terms. If the seller wishes to “counter offer,” he/she just marks out (single line strike-through) the terms that are not acceptable, writes in the new terms beside the old terms, and sends it back to the buyer. The buyer will either accept the new terms proposed by the seller or the counter offer process will continue until all terms are agreed upon or it becomes clear that an agreement cannot be reached. 

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