Putting in an offer

4 Replies

So this is a pretty newbie question but has been something that I have been wondering. If I find a property off market and I am talking to a seller directly. How do I go about putting in an offer without an agent?

Is it normal to still use an agent on off market deals?

Is there a formal form to fill out or is it as simple as sending an email stating the offer price and contingencies?

Thank in advance for the advice.

I would not use an agent at that point.  I would use the purchase agreement from the following website.

http://www.mnbar.org/members/committees-sections/msba-sections/real-property-law-section/residential-real-estate-committee-forms#.Vpckd4-cHVJ

Like it says you should seek legal advice if you do not UNDERSTAND EVERYTHING in it.

You could also work with your attorney for the first one and then have a nice template to follow thereafter. Contracts can be nuanced though so be careful.