Submitting an offer, use the purchase agreement?
6 Replies
Patrick Ford
from Chicago, Illinois
posted almost 2 years ago
My wife and I have found a lot we would like to purchase and build on. I found it on Zillow and attempted to get some guidance from a realtor in the area. The experience was not great, i was doing all of the leg work and what leg work the realtor did yielded incorrect info (uncovered by the research I did). That’s neither here nor there; where we are now is we are ready to make an offer. I have a purchase agreement that I paid an attorney to draft for a very reasonable price and it provides the protection I am seeking in this deal.
My questio is this; should I submit the purchase agreement as is to the selling agent as is or should I send a more informal summarized offer to start? I was considering submitting the PA with a cover letter introducing my family. Deals I’ve done in the past have always been direct with the seller so I didn’t have to go through an agent.
Any suggestions?
Joshua B.
Professional from Canton, Michigan
replied almost 2 years ago
@Pat Fo - is this in Ann Arbor?
Patrick Ford
from Chicago, Illinois
replied almost 2 years ago
@Joshua B. greater Ann Arbor area , yes. Not Ann Arbor proper.
Joshua B.
Professional from Canton, Michigan
replied almost 2 years ago
Originally posted by @Pat Fo:
@Joshua Birk greater Ann Arbor area , yes. Not Ann Arbor proper.
I'm generally anti-broker (even though I have my license), but it's helpful to have one to put emotional distance. That's been my experience. Easier to negotiate for both sides when they're working through someone else.
Feel free to direct message me if you have any specific questions. I'm a broker and an attorney.
Joshua B.
Professional from Canton, Michigan
replied almost 2 years ago
Originally posted by @Pat Fo:
@Joshua Birk greater Ann Arbor area , yes. Not Ann Arbor proper.
Also, I know of a good builder in the area if you need recommendations.
Sam Shueh
Real Estate Agent from Cupertino, California
replied almost 2 years ago
If mls you must deal with the listing agent.
Patrick Ford
from Chicago, Illinois
replied almost 2 years ago
@Sam Shueh I'm not trying to circumvent the sellers agent. That's not my question at all.