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Conversation 1: I would like to make an offer on this house, but I don't know much about the process.
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As your realtor, I am here to take care of this process. How much were you planning on offering?
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3
I really like the house and will pay the full asking price of three hundred and fifty thousand dollars.
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We want to leave ourselves some bargaining room. Let's offer three hundred and twenty thousand dollars.
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When will we know if they accept the offer? - The owners usually respond to an offer within a few days.
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Should I be contacting my bank in the meantime? - You are already pre-qualified for your loan, so you are in good shape.
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The process of actually making the offer is something that I will take care of for you. What price were you considering offering?
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I love this house and would be willing to pay the full asking price of three hundred and fifty thousand dollars.
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Let's leave some room on this offer. I think that three hundred and twenty thousand dollars is a fair offer in this housing market.
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We could try that, but I really want this house! - It is common practice to offer and then have a counter-offer.
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How long will it take to find out if they are going to accept the offer? - The sellers are usually fairly quick to respond. They want to get things moving.
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Should I tell my bank that I have made an offer? - There really isn't anything else to do right now except wait. You are already pre-qualified for your loan.
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Conversation 3: I have never done this before and don't know where to begin as far as making an offer on this house.
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I absolutely must have this house and will pay three hundred and fifty thousand dollars or more.
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It is best to start a little low on the first bid to allow for a counter-offer. How about offering three hundred and twenty thousand dollars?
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I hope that the owners aren't insulted by that offer. - Your offering price is not out-of-line. The owners will either take it or make a counter-offer.
