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Accepting an Offer

The Price Is Not Always Right.

“The higher the price, the better the offer.” Do not let yourself be fooled by this popular misconception. Price is not always the determining factor when accepting an offer for several important reasons: the initial offer is usually not final, and there are a number of terms and conditions that may influence the final outcome of a price. You can trust our professionals to help you thoroughly evaluate every proposal without compromising your marketing position.

Negotiating The Right Way.

We take the ethical responsibility of fairly negotiating contractual terms very seriously. It is our job to find a win-win agreement that is beneficial to all parties involved. You may even have to deal with multiple offers before ratifying the one you judge to be the most suitable for you – and as your agents, we will guarantee a thorough and objective assessment of each offer to help you make the right choice.

The Initial Agreement and Deposit.

An effective agreement is a legal arrangement between a potential purchaser and the property’s seller. Laws vary from state to state, but in order to be a legally, binding agreement, the agreement may require consideration. This consideration (initial and additional deposit) is to be held in the closing agent’s escrow account pending the fulfillment of conditions or contingencies in the effective agreement.

Some important tips to keep in mind to streamline the process even further:

  • Keep written records of everything.
    For the sake of clarity, it will be extremely useful to transcribe all verbal agreements including counter-offers and addendums, and convert them to written agreements to be signed by both parties. We will assist you in drafting all the paperwork for your sale and make sure that you have copies of everything.
  • Stick to the schedule.
    Now that you have chosen your offer, you and the buyer will be given a timeline to mark every stage in the process of closing the real estate contract. Meeting the requirements on time ensures a smoother flow of negotiations and also ensures that each party involved is not in breach of their agreements. During the process we will keep you constantly updated so you will always be prepared for the next step.

Success Stories

"On December 3, 2021 Hughes Real Estate and Auction Service sold our farm in Torning Township for $10,100 per acre (plus Buyer’s Premium), a near record for Swift County. During the entire process of listing the farm Jesse explained the options and processes in clear and understandable terms. The farm was advertised extensively over a wide area via different media. He had an extensive knowledge of the property, especially productivity and drainage – that was helpful. If you are thinking of selling your property, I recommend Hughes Real Estate and Auction Service without reservation."Jerry Pahl
"We cannot say enough good things about Jesse. He helped us sell our farm land through an online auction process, and went above and beyond answering questions. He explained things in a way we could understand and kept us informed at every step in the process. Without hesitation we would recommend him to anyone!"The Steinke Family
"Hi Sherry, we are very happy to inform you that we both have really enjoyed working with you and your company in the past two years. We are hoping to work with you again in the near future. Thank you so much for all your help and really appreciate everything that you have done from starting to end of this transaction. Please be safe in these tougher times. May God bless you! BTW, Please feel free to reach us if you come across any opportunities/properties."E. Arige
"Hughes Real Estate went above and beyond in helping us get our aunt's property prepped and ready for sale. This included a house in town and farm land. They provided invaluable local expertise and were very professional and friendly. My family would recommend Hughes Real Estate with no reservations."Family of Millie H.
"Our family sold a fairly large parcel of farmland in Stevens County, Minnesota. It was a complicated property with different land characteristics and an existing CRP contract. We were very pleased with Jesse's representation. He had a lot of expertise and guided us through the different dynamics and options for selling the property. We highly recommend him. "Jim J. and Karen H.
"Thank you for all you have done helping us sell our home, Sonia. It was a pleasure working with you! Best of luck in your future, you are an excellent realtor!"Mervin and Carole S.
"Sonia, Thank you so much for all you have done for us while we searched for the perfect home, with you we found it! We will refer you to everyone we know that is looking for a new home!"Jon and Missy R.
"Sonia, Thank you so much for the amazing job you did helping us find a home. You were very patient and listened to what we were looking for !"Mark and Karla H
"I was very satisfied with Sherry’s performance as my Realtor, everything was great on her behalf. Thanks again, Sherry! "Bob M.
"Jesse was our real estate agent when we decided to sell our home. He came to our first appointment well prepared with area statistics on houses for sale, houses similar to ours and helped us easily come up with a selling price. Jesse was able to answer all our questions with accurate information. He listed our house on a Thursday morning and had the first showing two days later. This showing resulted in the sale of our home. Jesse made the whole purchase and closing process very easy for us by directing us through each step in a very timely manner. Jesse is part of a national real estate system (Multiple Listing Service or MLS) that allows his sales to go out on the internet and other real estate agents can set up showing of the property. It is like paying one real estate agent but getting the benefit of many others. Shawn and I highly recommend Jesse."Shawn and Holly Rodahl Benson, MN