• 13 Points to Keep in Mind
• 9 Reasons to Use a Broker
• Initial Consultation
• Listing
• Marketing
• Offer
• Due Diligence
• Escrow
• Closing

Offer

Purchase Agreement

Once a buyer decides to make an offer, the buyer will sign a Purchase Agreement stating the price and other terms of the offer, accompanied by a deposit check made payable to the escrow company. The offer will be contingent upon inspection and satisfaction with the financial records, and any other necessary contingencies.

Presentation

Business Advisors Network will present the offer to you, along with information about the buyer's background, experience, financial status, calculation of price and other terms of the offer, and any other material information the buyer may have provided.

Response

You will accept, reject, or counter the offer. Business Advisors Network will advise the buyer of your response. At this point, the buyer may accept, reject, or counter your response.

Mutual Acceptance

A contract is entered into when both parties agree to all of the terms and conditions of the sale and sign all amendments and counteroffers. At this time, there may be contingencies or conditions that still must be satisfied prior to closing.