Making an Offer
Learn how to price an offer, use contingencies, and negotiate without overpaying.
11 lessons · about 77 minutes
Lessons in this module
- 1Understanding Asking Price vs. Market ValueExplains how a seller's asking price differs from a home's market value and why buyers research both.6 min
- 2Understanding Comparable SalesDescribes what comparable sales (comps) are and how they are used to evaluate a home's likely value.6 min
- 3Deciding How Much to OfferWalks through the main factors buyers weigh when deciding what price to offer on a home.6 min
- 4What Is Earnest Money?Explains what earnest money is, how much is typical, and what happens to it during a home purchase.6 min
- 5Understanding Seller ConcessionsExplains what seller concessions are, common forms they take, and how they can factor into an offer.6 min
- 6Financing ContingenciesExplains what a financing contingency is and how it protects buyers who need a mortgage to complete the purchase.6 min
- 7Inspection ContingenciesExplains how an inspection contingency lets buyers evaluate a home's condition before finalizing the purchase.6 min
- 8Appraisal ContingenciesExplains how an appraisal contingency protects buyers if the home appraises for less than the agreed purchase price.6 min
- 9Negotiating an OfferCovers how back-and-forth negotiation works after an initial offer, including counteroffers and common negotiation points.6 min
- 10Competing Against Multiple OffersExplains how multiple offer situations work and strategies buyers can use to make their offer more competitive.6 min
- 11What Happens After Your Offer Is Accepted?Covers the immediate next steps once a seller accepts a buyer's offer, from signing the contract to key early deadlines.6 min
Educational content only — not financial, legal, or tax advice.