How to Place Offers
In order to place an offer on any property available through EZ Real Estate Offer, you must provide either Proof of Funds if paying in cash OR a FULL Underwritten Loan Pre-Qualification Letter From A Mortgage Lender.
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CLICK HERE to register for access to the platform.
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Upon registration and receipt of funding, you will receive access to place offer on properties that meet your criteria.
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Working with a licensed Real Estate Agent is required. Upon having your offer selected, a signed MLS contract prepared by a state licensed Agent must be submitted within 24 hours along with the earnest money deposited with an escrow agent.
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A licensed Real Estate Agent must prepare those documents and initiate the process.
If you have an Agent, the registration page will provide you with the option of entering your agent’s contact information. Our agents will contact them and review the offer procedures. Or, you will have the option to have one of our Agent’s contact you.
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Our agents are experts in this process and can guide you through the entire process from beginning to end and answer all of your questions. They can also explain the financial benefits of working with us.
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What is the “Buyers Premium” – Using our EZ Real Estate Offers option, real estate commissions can be paid by the seller, the buyer or both. The buyer’s side of the commission is called “Buyer’s Premium”. (Offer + Buyer’s Premium = Sales Price)
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This is the MOST transparent way for a seller to offer the lowest price on their home and still compensates the real estate agents who conduct and close the transaction.
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Each property listed on our web site will offer different terms, conditions and buyers premium, so be sure to research the property and all of the details on the property page. Property will be available for viewing only on the day(s) of the open house (unless agreed otherwise). Buyers must be qualified to place an offer based on their Pre-Qualified or Proof of Funds.
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Sellers reserve the right to accept, negotiate or reject the highest offer.
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An online offer is a binding agreement and a seller can legally pursue a non-performing buyer.
Be sure to contact us if you have question on this process.
Terms you should know:
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Offer Increments – The system is designed to raise offers in increments set by our team. Increments can vary depending on length of time with minimum being $100 above the last offer placed. Starting Offer increments will range from $1,000 to $2,500 (possibly higher on higher dollar value properties).
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Auto Extend – Our system Prevents Last Second Offers by Automatically Extending the Offer Time. Please make your final offer before 5 seconds to allow site time to refresh.
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If a buyer places an offer within 2 to 5 minutes of the end of the sale time, the system will automatically extend the time by 2 to 5 minutes in order to allow other buyers the opportunity to respond.
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Winning Buyers
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If You Are The Winning Buyer
Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please contact our team at (800) 231-0058 or info@EZREOffer.com.
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Notice to Winning Buyer
Important – If you are the winning buyer at the end and back out without submitting a contract, you will have been considered breaching the terms of use of our system and you may be liable for a $500 withdrawal penalty fee. We will invoice you for that amount.