Offers and negotiation
When a buyer makes an offer, open the seller's deal. In the forms library, under Offers and Reservations, add the Offer To Purchase. It joins the deal's documents as a draft.
Questions about this
How do I record a buyer's offer?
Open the seller's deal and, in the forms library under Offers and Reservations, add the Offer To Purchase. Open it (the property, seller and agency are already filled in), add the buyer, deposit, time to completion and offer price, then Review and send to generate the offer document. On the Summary tab, Offer and negotiation tracks it; click Mark as sent once you've presented it.
How do I handle a counter-offer?
Click Counter. A counter-offer opens with the same terms; change what the seller wants, generate it and present it the same way. Every version you send is kept in the version history, with who sent it and when.
What happens when an offer is accepted?
Click Accept and confirm, and the current terms become the agreed terms. The NLS then asks what to generate next; choose the Enhanced Reservation, which opens filled in with the agreed price and terms, ready to complete and send for signature.
