The Offer and Contract

When you get an offer, you have three options: accept the offer, reject the offer or give a counter offer. A counter offer usually will encourage a buyer to continue negotiations. You may also receive multiple offers. You may prefer to take slightly less for your property from someone who is willing to pay cash, versus someone who needs to sell their current home first. Next Generation Realtors will review; contingencies/move-in dates/financing, and all the following to be considered when weighing an offer.

1. Receive and review all Offer to Purchase contracts submitted by buyers or buyers' agents.

2. Evaluate offer(s) and prepare a "net out sheet" on each for the owner for comparison purposes. THE BOTTOM LINE!

3. Understand merits and weakness of each component of each offer

4. Contact buyers' agents to review buyer's qualifications and discuss offer

5. Deliver Seller's Disclosure to buyer's agent or buyer upon request and prior to offer if possible

6. Confirm buyer is pre-qualified by calling Loan Officer

7. Obtain pre-qualification letter on buyer from Loan Officer

8. Negotiate all offers on your behalf, setting time limits for loan approval and closing date

9. Prepare and convey any counteroffers, acceptance or amendments to buyer's agent

10. Fax copies of contract and all addendum's to closing attorney or title company

11. When Offer to Purchase Contract is accepted and signed by seller, deliver to buyer's agent

12. Record and promptly deposit buyer's earnest money in escrow account.

13. Deliver copies of fully signed Offer to Purchase contract to seller

14. Fax/deliver copies of Offer to Purchase contract to Selling Agent

15. Fax copies of Offer to Purchase contract to lender

16. Provide copies of signed Offer to Purchase contract for office file

17. Advise seller in handling additional offers to purchase submitted between contract and closing

18. Change status in MLS to "Sale Pending"

19. Update transaction management program to show "Sale Pending"

20. Review buyer's credit report results -- Advise seller of worst and best case scenarios

21. Provide credit report information to seller if property will be seller-financed

22. Deliver unrecorded property information to buyer

REMAX EQUiPT

1806 Lomas Blvd NW
Albuquerque, NM 87104

Should you require assistance in navigating our website or searching for real estate, please contact our offices at 505-900-8408.

Each Office Independently Owned and Operated.

MLS® Disclaimer

IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or REMAX EQUiPT. Data last updated: September 21, 2026 8:27 PM UTC

Santa Fe Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX EQUiPT may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: September 21, 2026 8:27 PM UTC Show More...