Once you have found your dream home, you are ready to make an offer. Roorda.com offers example real estate contracts and forms for your perusal. You and your real estate agent will go over the offer carefully to ensure that the terms of the offer are completely understood. Once accepted by the seller, this offer will actually become the sales contract.
Now that you have decided on your offer, your real estate agent will present it to the sellers realtor. They will either accept, reject, or come back with a counter offer. Once you and the seller have agreed to all the terms within the offer, it will become a contract with the signatures and initials of both parties. You will submit a deposit that acts as your earnest money to show the seller you are “earnest” about buying the property.