Accepting an Offer

The Price Is Not Always Right

The highest offer isn't always the best one. Initial offers are rarely final, and various terms and conditions can shape the ultimate outcome. Trust the Tanaka Real Estate team to help you evaluate proposals and accept the best offer from the right buyer.

Negotiating To Win

We take the ethical responsibility of fair negotiation seriously. Our team puts your interests first when evaluating each offer, helping you make the right decision while keeping buyers engaged.

The Initial Agreement and Deposit

Once you and the buyer reach an agreement, you'll both sign the initial Purchase Agreement, and the buyer will place a deposit into escrow. The escrow, or closing agent, is a neutral third party, either a title company or attorney, that holds, receives, and distributes all funds related to the sale until closing.

Requirements vary by state, but for an agreement to be legally binding, it typically requires consideration: deposits held in escrow pending fulfillment of the contingencies outlined in the Purchase Agreement.

A few tips to streamline this stage of the process:

• Keep written records of everything. Counter-offers, verbal agreements, and addendums should all be documented and signed by both parties. Tanaka Real Estate will help draft these records and provide copies for everyone involved.
• Stay on schedule. You and the buyer will follow a set timeline to complete all contingencies in the Purchase Agreement. Staying on track keeps the process smooth, reduces stress, and ensures neither party breaches the agreement. We'll keep you updated at every step.