Seller's Action A decision on an offer should be made at presentation, if possible. A home seller has three possible options. Accept the offer as written. Counters are written in the margin of the contract or in addenda, and initialed by home seller. A purchase offer with counters is not a ratified contract until the home buyer accepts and initials the counters.
Buyers can withdraw, accept or counter the counter offer.
Reject the offer, if it is totally unacceptable. A contract exists when all terms including changes are ratified by initials of all principals. When the contingencies are satisfied, the contract becomes enforceable. All offers registered must be presented to the home seller. They will be presented in the order registered.