The Offer
Blue Ridge Brokerage can guide you on making an offer.
Elements to an Offer
Generally an offer includes: desired purchase price, type of financing structure, examination period to complete due diligence, amount of earnest money, and closing timeframe. Each transaction will likely bring additional requirements and/or covenants. All of these elements are part of the negotiation between the Buyer and Seller.
Formalizing the Offer
To formalize an offer, it needs to be in writing. There are various ways in which to present a written offer. Blue Ridge Brokerage can help determine the most efficient and comprehensive option. To determine the best format to utilize involves understanding: the size of the transaction, whether real property is involved, if there is a lease to transfer or negotiate, any management transition agreements or employment contracts, among other criteria specific to a transaction.