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To begin with, we'll do research on the home and get a Seller's Disclosure if possible, which will tell us how old the roof and HVAC systems are, if there have been any insurance claims on the home, as well as disclose any hidden issues with the home that the seller is aware of.
One note of caution on Seller's Disclosures: Georgia is what is known as a "Buyer Beware" state, which means that while the seller is of course required to be truthful, it's the buyer's responsibility to inspect and discover issues with the home. After the sale of the home, the seller has no liability for issues or repairs unless there is proof that the seller intentionally covered up an issue or failed to disclose something they were aware of.
After reviewing the Seller's Disclosure, we'll research what homes in the neighborhood and/or surrounding area have sold for recently, to get a better idea of what would be a reasonable offer.
Once you decide what you want to offer on the home, we'll write up an offer for you to sign electronically and then we'll submit it to the seller. Depending on the seller's circumstances, we'll usually get a response within 24-48 hours of making the offer.
Hopefully the seller will accept our offer, but many times they will send us a counteroffer. If there are multiple buyers making an offer, they may call for "Highest and Best" offers by a certain deadline (usually a day or two later) and then will accept the highest and best offer after the deadline ends. Or in some cases, if the seller has received multiple offers they may just accept the best one and notify the others that their offer was not accepted.
Next we'll go over what the next steps in the process will look like after a seller accepts your offer. If the seller doesn't accept your offer, then we'll go back to step 4 and continue the home search.