Ok, so you have successfully hosted your first showing, congratulations!
Of course, the information is written below, but we think you will find this and so much more when you use our Seller's Checklist:
You may be wondering what happens next in the process. If so, here is some information that may help shed some light and equip you so that you're fully prepared for what's to come!
First off, you might consider messaging the home viewers to garner any feedback from their tour. Opening the dialogue can also open the door for them to ask any questions they may have.
Bōde's digital marketplace lets buyers connect directly with you, the seller, to make an offer, negotiate and finalize a contract. This automation is the first of its kind in the real estate industry! Bōde fully supports you along the way, providing you with the tools and information needed to close the deal successfully.
Making an offer - The buyer clicks "Make an offer" on your listing and enters the details of their offer on your home. They will fill out their offer price, deposit amount, timelines and conditions (if any) before submitting it to you.
Receiving an offer - You will receive both an email and an on-platform notification to notify you that an offer on your property has been made, so keep a close eye on your inbox! The offer will be detailed in the "Offers" section of Bōde, where you can see all the information the buyer has entered. Bōde has made it simple and easy to accept, negotiate or counter the offer.
Countering an offer - If you would like to counter the offer, first, accept the terms that you agree to, then you can counter on the terms you would like to change or improve. You can do this on a term-by-term basis, so it is clear to both parties where you have agreed and where you still require agreement. There is no limit to the number of counters from each party towards an agreement. However, the deal will expire if an agreement is not met within the original offer time availability. In this event, the buyer would need to initiate a new offer.
Agreement - Once both parties have agreed, you will receive an email and an on-platform notification that will take you to the populated, industry-standard contract that reflects the terms of the offer from the previous step. Once you click "I Accept," it will be sent to the other party to "click to accept" these terms.
This process is the same regardless of whether the buyer has an agent or if they are unrepresented.
If you receive an offer off-platform, you can encourage the other party to use Bōde as all the functionality is built-in for both parties creating a transparent, organized and efficient path to selling your home! This functionality is also there if an agent represents the buyer. If the buyer insists on a PDF or another offer off-platform, it would be prudent to read the agreement in detail and cc help@bodecanada.com to keep us in the loop.
Reminder: You will need a "Real Property Report" (RPR) for closing upon sale. If you don't have a current RPR, reply to this email or contact us at help@bodecanada.com, and we can refer an excellent RPR provider in your area! If you have a condo, you will need the condo documents instead of an RPR. For more information, go here.
