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The buyer may not be responding to your counter offer for various reasons, such as needing more time to consider, seeking other options, or finding the offer unacceptable. It's important to communicate with the buyer to understand their perspective and negotiate further if needed.
What else can I help you with?
What happens if the buyer does not accept the counter offer?
If the buyer does not accept the counter offer, the original offer made by the seller remains valid and the negotiation process may continue or the buyer may choose to walk away from the deal.
What is the effect of a counter offer on the original offer?
the original offer is revoked by counter offer
Does Zelle offer buyer protection for transactions?
Yes, Zelle does not offer buyer protection for transactions.
Does a counter offer void the original offer?
Yes, a counter offer typically voids the original offer. When a counter offer is made, it acts as a rejection of the original offer and creates a new offer with different terms.
Does Venmo Goods and Services offer buyer protection?
Yes, Venmo Goods and Services does offer buyer protection for eligible transactions.
What happens if the buyer does not accept the counter offer?
If the buyer does not accept the counter offer, the original offer made by the seller remains valid and the negotiation process may continue or the buyer may choose to walk away from the deal.
Is there a contract when the buyer changes the offer?
Generally where one party in negotiation of an agreement changes the offer, they are actually rejecting the first offer and giving the other party a counter-offer. There is no contract unless the the other party accepts the counter-offer and there is consideration for the promise.
Does buyer or seller provide Purchase and Sale Agreement in Real Estate transaction?
In a normal real estate transaction, the buyer or his agent would present the Offer to Purchase to the seller for him to either accept of alter, creating a counter offer. If the offer is acceptable, the seller then signs it, which is referred to as Acceptance.
What is the effect of a counter offer on the original offer?
the original offer is revoked by counter offer
Does Zelle offer buyer protection for transactions?
Yes, Zelle does not offer buyer protection for transactions.
What are the effects of a counter offer?
The effects of a counter offer can be a sale. A counter offer is a response to another offer. Usually the other offer was reasonable but was rejected. A counter offer was given in hopes of it being accepted and a sale being made.
What is a 'counter offer' in legal terms?
a counter offer is a return offer made by one who has rejected an offer.
Does a counter offer void the original offer?
Yes, a counter offer typically voids the original offer. When a counter offer is made, it acts as a rejection of the original offer and creates a new offer with different terms.
Is a good faith deposit on a house binding to the seller if the party wants to purchase?
No. A "deposit" is not a payment, but rather part of the offer to purchase. An offer is not "binding" on anyone until it is accepted. Many sellers would make a counter-offer, which is not binding until accepted by the buyer...
Can a Seller break a real estate Offer to Purchase?
One cannot break an offer. An offer is simply that, an offer. Normally in the process of purchasing real property, a buyer makes an offer to the seller. The seller may then accept that offer, reject that offer, or reject that offer and make a counter offer. Typically, an offer is met with a counter-offer, and the process goes back and forth until one party accepts the other's offer. When the offer has been accepted, a contract has been formed. Should a party enter into a contract and later break that contract, they are subject to the conditions of the contract. (Written in the text of the offer and acceptance.) This is only relevant if one party has made an offer and another party has accepted that offer. Real estate contracts generally include conditions, such as inspection and financing, that allow a party to exit the contract if these things are not satisfactory. When one party has made an offer, they are under no obligation to leave that offer open for any period of time. If a buyer makes an offer to a seller, and the seller has not responded yet, the buyer may withdraw the offer for any reason.
Does Venmo Goods and Services offer buyer protection?
Yes, Venmo Goods and Services does offer buyer protection for eligible transactions.
What is meant by counter offer with reference to decided cases?
A counter offer is where one party rejects the original offer and makes an offer of his own. The original offer is rejected and the party that made the original offer must accept the counter offer or there cannot be a contract.
