Posts Tagged Counter
Can a seller back out of an counter offer?
Posted by in Fax Email on October 20, 2011
By Mel Bel: Can a seller back out of an counter offer?
We put an offer in on a short sale and the seller countered back. We agreed and signed off on the counter offer. Our agent called the other agent, emailed and faxed back our signatures for the counter offer. The problem came up when our real estate agent informed us that there was now another offer on the board. If they countered back on our offer and we agreed can they consider another offer from someone else?
Answer:
Answer by the kid
Once everyone’s signatures are on the counter, you have a contract, and they can only back out based on the terms therein. My guess is that it doesn’t say they can back out just b/c they think they can get more money.
Answer by Chris
Yes, they can on a short sale – frequently the bank, or whoever holds the mortgage, wants as much money as they can get.
My brother bought a house on a short sale and as they were going through the place with the inspector people were still looking at the house. He eventually got it but it took about 6 stressful months.
Answer by acermill
In a short sale, the rules change. While the sellers themselves are bound to your accepted counteroffer, the bank will simply refuse to approve YOUR offer if the other offer tendered is more attractive to the bank. The bank involved has the final say on which offer it will accept and approve.
Answer by Steve D
Doesn’t matter, as a short sale, the bank still has to approve the offer and once the bank knows that there is a higher offer on the table, they will not approve your offer. Since they hold the lien, the ball is in their court and unless you top the other offer, you will lose out on the house.
Answer by Aashish
You can go to this site for help and know the legal ways to solve real estate problems
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FAQ: Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..?
Posted by in Fax Software on January 3, 2011
Question by jessica: Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..?
Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..?
So I just graduated 2 months ago with a B.A. in Journalism, but I soon realized freelance writing was a very unreliable salary!
I put my resume online and was called by this Software Consulting company that makes software for medical billing offices and insurance offices. The job description listed $ 30,000-$ 45,000.
They had me in for an interview, and by the time it was over, they had handed me a packet with info about the job, drug test papers, etc plus a job salary offer of $ 36,500. This includes 401k (with price matching), full health care coverage not taken out of the salary, 3 weeks paid vacation and a 15% end of year bonus.
I realize I don’t have application consulting experience but they were impressed by my resume and educational background. I think I could pick it up pretty easily. They told me there are opportunities for advancement within the company. It is only 7 years old and expanding.
Anyway, the interview was Monday and they said to have the papers signed and faxed to them by end of business day Wednesday (today!)…
This is my first job and I don’t want to push my luck. Should I counter-offer or should I be happy with what I was offered? Most people have told me they think this is a pretty good deal for an entry level job, but a few have said they were surprised I didn’t counter-offer. And if I were to counter, how would I go about doing so? Call, email, fax? What would I say? How much should I ask?
I really don’t want to make things awkward before I even start the job! I am nervous they won’t go for it and then I’ll have made things harder on myself… Help please 
Best answer:
Answer by I have a hairy big toe
You’ve been offered a ,500 and your not entirely happy? SOrry but when a job descrip says between ,000 and £45,000 you are likely to get the minimum. You’ve done well to be offered what you have. Its fantastic for an entry level job role. And theres possibilities of increasing that wage through career advancement! Also in entry level jobs, there will be enough people happy to take that sort of wage that if you counter, i expect the job will go to someone else. Getting a job is so difficult for some people at the moment that you should seize the opportunities given to you.
Answer by Doctor Deth
you got a better than average offer – no one ets 3 weeks vacation their 1st yr – I had to wait until I was at my current company 5 yrs and you starting wage is right in the middle – in this economy, with no relevant job experience, you do not have any negotiating power – be happy you got an offer. there are plenty of other people who will say yes if you don’t
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Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..?
Posted by in Fax Software on January 3, 2011
By jessica: Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..?
So I just graduated 2 months ago with a B.A. in Journalism, but I soon realized freelance writing was a very unreliable salary!
I put my resume online and was called by this Software Consulting company that makes software for medical billing offices and insurance offices. The job description listed $ 30,000-$ 45,000.
They had me in for an interview, and by the time it was over, they had handed me a packet with info about the job, drug test papers, etc plus a job salary offer of $ 36,500. This includes 401k (with price matching), full health care coverage not taken out of the salary, 3 weeks paid vacation and a 15% end of year bonus.
I realize I don’t have application consulting experience but they were impressed by my resume and educational background. I think I could pick it up pretty easily. They told me there are opportunities for advancement within the company. It is only 7 years old and expanding.
Anyway, the interview was Monday and they said to have the papers signed and faxed to them by end of business day Wednesday (today!)…
This is my first job and I don’t want to push my luck. Should I counter-offer or should I be happy with what I was offered? Most people have told me they think this is a pretty good deal for an entry level job, but a few have said they were surprised I didn’t counter-offer. And if I were to counter, how would I go about doing so? Call, email, fax? What would I say? How much should I ask?
I really don’t want to make things awkward before I even start the job! I am nervous they won’t go for it and then I’ll have made things harder on myself… Help please
Good Answer:
Answer by Wayne Z
In this job market…..No.
Back a few years ago…..Maybe. But now….no.
Answer by bchandler14
I would say in this economy to take what you can get. With all the benefits and the 15% end of year bonus, it’s a pretty decent deal.
Answer by kevinarmstrong81
Sounds good to me!!! (Especially with the economy the way it is) I make 35K B.S.B.A. management, with 4 years experience. But it is ultimately up to you. Good luck and hope you find what you want and are worth.
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Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..? – Fax Software
Posted by in Fax Software on January 2, 2011
Question by jessica: Should I make a counter offer? It’s an entry level application consultant position & I’m just out of college..?
So I just graduated 2 months ago with a B.A. in Journalism, but I soon realized freelance writing was a very unreliable salary!
I put my resume online and was called by this Software Consulting company that makes software for medical billing offices and insurance offices. The job description listed $ 30,000-$ 45,000.
They had me in for an interview, and by the time it was over, they had handed me a packet with info about the job, drug test papers, etc plus a job salary offer of $ 36,500. This includes 401k (with price matching), full health care coverage not taken out of the salary, 3 weeks paid vacation and a 15% end of year bonus.
I realize I don’t have application consulting experience but they were impressed by my resume and educational background. I think I could pick it up pretty easily. They told me there are opportunities for advancement within the company. It is only 7 years old and expanding.
Anyway, the interview was Monday and they said to have the papers signed and faxed to them by end of business day Wednesday (today!)…
This is my first job and I don’t want to push my luck. Should I counter-offer or should I be happy with what I was offered? Most people have told me they think this is a pretty good deal for an entry level job, but a few have said they were surprised I didn’t counter-offer. And if I were to counter, how would I go about doing so? Call, email, fax? What would I say? How much should I ask?
I really don’t want to make things awkward before I even start the job! I am nervous they won’t go for it and then I’ll have made things harder on myself… Help please
Best answer:
Answer by Snapper
You shouldn’t push your luck. The truth is: this is your first job and unless you have other job opportunities rolling in, you don’t have anything to leverage your salary argument with. You can negotiate salary if you have proven experience and an excellent record. As an entry level candidate, they can replace you with any number of countless candidates fresh out of college. And actually, 36,500 is a very good starting salary in the journalism field. I know several journalist friends that started out under 30,000.
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