Compare the new number against recent market data and "comps" to ensure it reflects fair market value.
A counter offer in real estate is a formal response that modifies the terms of an original bid, signaling that a party is interested but wants different conditions. This process voids the previous offer, meaning once you counter, you cannot simply go back and accept the original terms if the seller refuses. 1. Evaluate the Terms counter offer home buying
Sellers may request a different date to better align with their move. Compare the new number against recent market data
Check if the seller shortened your inspection, appraisal, or financing windows, and ensure these deadlines are still realistic. meaning once you counter