Step 29 of 48 Phase 4: Make an Offer & Negotiate
4.6 Submit Purchase Offer
Your offer is complete and ready to submit. Understand what happens next so you can respond quickly to any counter-offers and stay competitive.
What Happens After Submission
- Your agent delivers the offer to the listing agent
- Seller reviews and responds within your deadline
- Seller may accept, reject, or counter your offer
- If countered, you can accept, reject, or counter back
- Process continues until agreement or one party walks away
Possible Seller Responses
| Response | Meaning | Your Options |
|---|---|---|
| Acceptance | Deal! Contract is binding | Proceed to next steps |
| Rejection | Offer declined, no counter | Submit new offer or move on |
| Counter Offer | Changed terms proposed | Accept, reject, or counter |
| Multiple Counter | Seller countering multiple buyers | Submit best and final |
| No Response | Deadline passed, offer expired | Submit new offer or move on |
Pro Tips
- Set a reasonable deadline for response (24-48 hours typically)
- Be prepared to respond quickly to counter-offers
- Know your maximum price and terms before negotiating begins
- Keep emotions in check during back-and-forth negotiations
- Have a backup plan if this offer does not work out