Orange County Information Center - Home Selling

What if I don’t want to accept an offer to purchase my home?

If you receive an offer to purchase your home that you do not want to accept, you have two choices. You can either reject the offer outright or make a counteroffer. If you want to reject the offer outright, you do not need to do anything further. You can simply discard it and wait for the next offer.

If you like most of the offer, but need a few of the terms changed before you can accept it, you can make what is known as a counteroffer. The counteroffer says that you accept the buyer’s original offer provided that it includes the changes you have noted on the counteroffer form. The buyer then has the option of accepting your counteroffer, rejecting the counteroffer, or making a new offer. If the buyer accepts your counteroffer, then you have a binding agreement to purchase your home. If the buyer does not accept your counteroffer, you do not have an agreement to purchase your home. If the buyer makes a new offer, then you are back to square one and must decide whether to accept the new offer, reject the new offer, or make another counteroffer.

When you purchase a service package from O.C. Real Estate Advisors, you will be assigned a licensed real estate advisor who will help you determine whether you should make a counteroffer, provide you with any counteroffer forms you need, and help you fill them out.

Warmest Regards,

Peta Carley
Orange County Real Estate Advisor

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