How to Write a House Offer Letter (With Examples)

A good house offer letter may help sway a seller to accept your home purchase bid.

How to Write a House Offer Letter

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Potential buyers should make sure an offer letter clearly states their intent to purchase a home.

First impressions are everything. Whether you’re buying a home , an apartment or some other type of property, presenting your initial offer in a positive light paves the way for a productive negotiation process and smooth transaction.

Typically, formal offers are sent by the buyer’s broker to the seller’s broker in writing via email. In some cases, a buyer will also write a personal note to the seller to send along with it. That letter is known as a house offer letter.

In this case, the buyer’s broker will often include a short profile about the buyers and express their love for the property, and keep it brief enough so the buyers' personal letter remains impactful and is not redundant.

If the buyer is not working with a real estate agent and does not have representation, the offer would come directly from the buyer. Represented buyers can also write their own offer letter and have their agent submit it for them.

So, if you truly love a home or want to buy an investment property , how do you write the perfect offer letter that combines your personal touch with a formal purchase offer?

Keep it simple, and focus on three things: State your intentions, show that you have the financial means to make the purchase and make a personal appeal to the seller.

Here's how to write a great house offer letter:

  • Start with the details .
  • Show you're serious .
  • Introduce yourself .
  • Flatter the home seller .
  • Keep the letter short .
  • Go the extra mile .
  • Examples of house offer letters.

Start With the Details

At the beginning of your offer letter, express your appreciation for having the opportunity to visit the property, and state your terms upfront.

Next, include information about how you plan to pay for the purchase (all cash offer or financing), your requests for contingencies ( financing contingency and inspection contingency, for example), your desired closing time frame and any other special conditions. If you’re financing the purchase, a preapproval letter from your bank should be provided along with the offer letter.

Show You're Serious

It is important to make it clear that you’re a serious buyer and you're prepared to sign a contract upon completion of the due diligence process. You should also be in touch with a real estate attorney to help with the transaction, especially if you are not represented by a real estate agent .

If you’re making an offer that’s substantially lower than the seller’s asking price, you might consider including your reasoning for the low offer. To help build your case, consider contextualizing current market conditions and recent sales of comparable properties in the same neighborhood or building to put things into perspective.

If the property is older or in need of repairs and renovations , outlining what specific updates need to be done and the approximate renovation costs can also help justify your offer.

Introduce Yourself

Presenting yourself as a human being, rather than a simple dollar amount, is key to establishing a successful negotiation position. Provide the sellers with a brief personal background and tell them about your spouse or family, if applicable.

Include career details, such as your current job and a description of your professional industry, as well as a quick summary of your career path leading up to your current position. This could also include where you grew up and which schools you’ve attended. You can even tell them about any pets you have.

Now, you’re a person with a story – you’ve painted a picture about who you are, which is harder for a seller to ignore. The seller will think of you as a human being, not just another buyer who offered a certain price for the property.

Flatter the Home Seller

Once you’ve shared a bit about who you are, shift your focus to romancing the seller when it comes to his or her home. Flatter the seller by highlighting all the things you love about the house or apartment, and explaining why it is the place you want to call home. Be enthusiastic, but don’t go overboard.

While a real estate negotiation is a business transaction, if the sellers identify with you on a personal level, they can develop an affinity toward you – particularly in a competitive bidding situation – which may mean that they offer some flexibility during a negotiation. The sellers can feel pleased that they are passing their home on to someone who will love and appreciate it as much as they have.

It's happened before where a buyer submitted an offer on an apartment that eventually ended up in a bidding war. All of the potential buyers were asked to submit their best and final offer, and at the end of the process, the seller decided to move forward with the one who had presented an offer and had a financial situation that was nearly identical to another buyer.

So, what made the difference? The seller was swayed by the fact that he and the buyer had attended the same school. Sometimes it’s something small, like that, that ends up closing a deal.

Keep the Letter Short

Keep the house offer letter short and sweet. It’s important to include just enough information and flatter the seller the right amount without overdoing it, since the latter can also have the opposite effect and turn off a seller.

In terms of recommended length, anything between one and three paragraphs is ideal but do not exceed one page, typed (font size 11-12).

Go the Extra Mile

In a competitive bidding situation , buyers can send flowers or cookies to the seller, along with a handwritten note. A small gesture like this indicates your thoughtfulness and authentic love for the property. Just be sure to keep it simple and tasteful, as you never want a seller to feel uncomfortable by being overly aggressive.

In the end, the important thing to remember is that you want to make sure your offer letter clearly states your intent to purchase a home, that you are in a sound financial position to make the purchase and that you’re providing a personal appeal to the sellers so they know their home will be in caring and responsible hands.

House Offer Letter Examples

If you're wondering where to start, check out these two house offer letter examples.

House Offer Letter Example One: Formal and Professional

Dear Seller,

Thank you for allowing me to visit [ADDRESS]. I love [ADDRESS] and I’m eager to make it my new home. I’m pleased to present my offer of [OFFER PRICE]. I am prepared to sign a contract right away upon completion of due diligence and close [DESIRED CLOSING TIME FRAME – typically you want to appear to be as flexible as possible so you might say that you can close at the seller’s convenience].

To tell you a little bit about myself, [INFORMATION ABOUT YOURSELF]. You can include where you grew up, what you do for work, how long you’ve been with your company and the same information about your immediate family (spouse, children, etc.

From the moment I stepped foot in your home, I immediately knew it was a place I could envision myself living for many years to come. xplain Why that is and how the home suits your lifestyle needs.

I plan to [PAY CASH OR FINANCE THE PURCHASE.] Explain how you will structure the financials of the purchase. If you plan to pay cash, include proof of funds, and if you plan to take out a mortgage, provide a copy of your preapproval letter from the bank.

House Offer Letter Example Two: Informal, With an Appeal to Emotions

From a real buyer:

We are [NAMES]. We are [longtime New Yorkers] who raised our children in [PLACE]. We met in college at [SCHOOL] University and have been married for 40 years. We moved to [Los Angeles] almost X years ago when [NAME] became a partner at [COMPANY] firm. After 30 years at [COMPANY] firm, [NAME] has decided to retire so we can focus on our next chapter. For [NAME], part of the next chapter is to pursue [PERSONAL OR PROFESSIONAL] opportunities here in New York City.

We’re super excited to return to NYC, the city we love, full time! We have been renting in the neighborhood for the past two years. We truly love the area and can’t wait to make it our full-time home!

From the moment we stepped into the apartment, we knew it was a place where we can enjoy this next phase of our lives and have space for our children and friends from the West Coast to visit. We love the open format of the living spaces in the apartment and the amenities in the building, including the private wine lockers (which we will put to very good use with our collection of California wines!).

We plan to pay cash for the purchase (please see enclosed proof of funds) and we can close at your convenience.

We hope to hear from you with good news in response to our offer.

Best wishes,

House offer letters aren't guaranteed to work – some sellers will only care about the highest offer – but for those sellers who have a strong emotional attachment to the property, these letters can help.

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Buyer Guides

How to write a winning house offer letter (plus, a sample).

offer and acceptance letter real estate

How do you make your offer stand out to sellers? A good, old-fashioned letter might do the trick. In competitive markets, it’s not uncommon for a house offer letter to be included in an offer on a house . We’ve broken down a sample offer letter and added some easy how-tos so you can write the strongest house offer letter you can—and make that house yours.

Here’s a sample offer letter, plus some tips:

1. make your opener as personal as possible..

Get out your pen, yes, a pen (you want your letter to be authentic in every way) and a piece of good stationery. Before you get started, think about your tone. A house offer letter should be friendly and heartfelt.

Think creatively about how you address the letter. If you don’t know the owner’s name, you can still make a connection with how you address them, like this start of this sample offer letter:

Dear owners of the sweet, yellow Cape Cod with so much charm,

2. Tell them about yourself.

Many sellers like the idea of passing their home on to people who will care for it. A house offer letter is your chance to show the real person behind your offer paperwork. There’s no better way to create a human connection than helping the seller visualize your life.

My name is Anna, and my husband Jeff and I have been trying to find a neighborhood for years, and have fallen in love with yours. We think it’s the perfect place to raise a family. We’re expecting our second child in November and are looking for a little more space.

3. Point out the home’s attributes.

If the seller has lived in their home for years, odds are, they take pride in it. Even if you think it’s a fixer-upper , talk about the things you love about the house. Because who doesn’t like a compliment? In this sample offer letter, the buyer chooses a few things to point out.

We love to cook and have family over. The kitchen has such great counter space—I can just picture it holding our big Sunday dinner buffet. And I love that you’ve got a refrigerator that doesn’t show fingerprints. That will be a big help with our toddler and her cousins who always seem to have sticky hands.

And, I enjoy gardening. Of course, the first thing we noticed was your beautiful peony bush. We could tell how carefully you’ve tended to every aspect of your home…

4. Find a connection.

When you were viewing the house, did you notice the photos on the wall of children playing lacrosse? The same style of eat-in kitchen as the home you grew up in? Make a connection by mentioning what you saw.

I couldn’t help but notice the photo on the fireplace mantle of a young man graduating from Cornell. My dad grew up in Ithaca and went to school there. We spent a lot of time on Cayuga Lake with my grandmother. Go Big Red!

5. Explain your bid, even if it’s low.

Now you can move from emotion to numbers, something concrete. Be honest, polite and respectful; you don’t want them to feel as though you’re making excuses for your bid, but use your house offer letter as a way to give your offer price some context.

Although your home was a bit out of our price range, we had to take a chance on an offer because it’s everything we want and is in a great neighborhood for our family . We know you’re asking X, but we respectfully ask if you would consider Y. It’s the top of our budget range, and our goal is to turn our dream into a reality without overextending ourselves.

I work as X, and my husband does Y. We have already have mortgage pre-approval and are flexible about the date for closing on the house . We so much want this to work out well for you, as well as for our family.

6. Close with lots of thanks.

This is your closing argument and your last chance to weave in some flattery. Thank them and let them know you’re hoping to hear back from them.

Thanks so much for your time and consideration. We would be honored to live in the house that you’ve made into a beautiful home. We look forward to hearing back from you.

Did it work? If this sample offer letter does its job, and you have an accepted offer, it’s time to turn your mortgage pre-approval into a full-on home loan. Here’s a guide on how to get a mortgage .

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How to write a winning real estate offer letter [free template]

Jeff Rohde

In a competitive market, a great real estate offer letter can help grab a seller’s attention and move a buyer to the head of the pack. While writing a real estate offer letter isn’t that difficult, there are certain things a buyer should be sure to include.

Keep reading to learn why some real estate investors send offer letters to a seller, how to write a real estate offer letter, and some things to avoid including in an offer letter.

Key takeaways

  • A real estate offer letter is a non-binding offer sent to a seller that outlines key deal points.
  • Other terms for a real estate offer letter are Letter of Intent, Letter of Interest, and LOI.
  • A real estate investor may use an offer letter to make a personal connection with a seller to stay ahead of the competition.

What is a real estate offer letter?

A real estate offer letter - also known as a Letter of Intent, Letter of Interest, or simply an LOI - is a letter written by a prospective buyer or their real estate agent in express interest in purchasing a property. 

While a real estate offer letter is non-binding, the letter may include contract or deal points such as an offer price, if the property will be financed or purchased for cash, and the desired close of escrow. 

As a rule of thumb, a real estate offer letter is written using an informal style, or even handwritten to help catch an owner’s attention. Oftentimes a real estate offer letter will include personal information about a buyer, such as how long he or she has been searching for a home and why the owner’s property is exactly what the buyer has been looking for.

Why investors use offer letters for real estate

Real estate is a people business, even for investors buying and selling rental property. An investor may spend a lot of time crunching the numbers to find a deal that makes financial sense. However, a real estate offer letter may help to get a seller emotionally involved and relate to a buyer on a more personal level. 

In today’s real estate market, it’s quite possible for a seller to receive numerous offers for a property, even if a property is an off market listing. A buyer who is willing to tell a seller a little bit about themselves may increase the odds of standing out from the pack to gain a competitive edge.

Making an emotional connection with a seller may be particularly important for a buyer trying to purchase a home that a seller has lived in as a personal residence. There are likely fond memories of children, birthdays, and holidays at home, and it may mean a lot to a seller to know that a buyer will adore the home the same way.

A real estate offer letter may also be a good tool to use if an owner has inherited a property. While there may not be the same level of emotional attachment, an heir may still like to know that a buyer will love the home the same way.

Another reason for writing an offer letter to a seller is to “test the waters,” such as when a property isn’t officially listed for sale.

How to write an offer letter to purchase a property

One of the keys to writing a great real estate offer letter is to make a winning first impression. Here are the general steps to follow to write an offer letter to a seller.

Greet the seller by name instead of with a generic “Dear Seller.” In some real estate markets, using Mr. or Ms. may be appropriate. If the home is located in a city where doing business is more relaxed, using a seller’s first name may be better.

Personal details can include items such as what a buyer does for a living, different places a buyer has lived, and why a buyer wants to purchase the seller’s home versus another listing. The reason for sharing some personal details is to paint a picture for a seller of what owning the home means to a buyer. 

This part of a real estate offer letter is used to bond with a seller. Maybe a buyer likes the kitchen, the split floor plan, or the size of the back yard. Even if a buyer is a remote real estate investor, there’s still a tremendous amount of information that can be gathered online. 

Google Maps and GIS data from a county assessor’s website may provide images of the outside of a home. An investor may even hire a real estate bird dog to discreetly take photos or drone videos of the home and surrounding neighborhood.

Now that a seller knows why a buyer wants to buy the home, the next step is to show the seller that a deal can get done. 

A buyer who is financing a purchase may wish to mention they have a preapproval letter from a lender, and also indicate how large of a down payment is being made. Buyers who are paying all cash may wish to let a seller know the funds are on hand, and that the closing date can be flexible based on the needs of the seller.

The best salespeople know how to close a deal by asking for the order. In a real estate offer letter, closing the deal includes requesting an in-person meeting or asking for an appointment to chat by phone or on a video call. End the real estate offer letter by letting a seller know their time is valuable, and thank the seller for taking the time to read the letter and for their consideration.

What to avoid in a real estate offer letter

While one of the purposes of a real estate offer letter is to personally connect with a seller, buyers may wish to be cautious of sharing too much information. Some items to leave out of a letter to a seller may include:

  • Desperation or an indication that a buyer is willing to pay whatever it takes to get the home.
  • Changes or planned use for the home, such as turning an owner-occupied home into a rental property or doing major remodeling.
  • Politics by mentioning the campaign sign in the neighbor’s yard or a bumper sticker on a seller’s car.
  • Negative aspects of a seller’s home, like how badly the carpeting needs to be replaced or an outdated kitchen and baths, might better be addressed once the home is under contract and a property inspection is done.
  • Avoid sharing too many personal financial details, such as a buyer’s net worth or the number of rental properties currently owned.

man writing on computer

Example of a real estate offer letter

Sample Real Estate Offer Letter

Date: ______________________________________

Buyer name: ________________________________

Address: ___________________________________

City, State, Zip: ______________________________

Seller name: ________________________________

Dear [Seller’s name],

Share some personal information with the seller, such as occupation, places a buyer has lived, and reasons for wanting to buy the seller’s home.

____________________________________________________________________________

Describe favorite things about the seller’s home, such as the floorplan, location of the home, or size of the back yard. Avoid including negative comments, such as outdated flooring or fixtures.

_____________________________________________________________________________

Include financial information, such as purchase price, method of financing or purchase in cash, and amount of intended down payment, contract contingencies, and desired closing date.

Go for the close by asking to meet the seller in person or by phone to discuss a written formal offer, and sincerely thank the seller for their consideration.

Buyer signature: __________________________________

Buyer name: _____________________________________

Phone: __________________________________________

Email: ___________________________________________

A free, fully-editable copy of this real estate offer letter may be downloaded in a Microsoft Word or Google Docs format.

Closing thoughts

A great real estate offer letter can help a buyer to stay one step ahead of the competition by creating a bond with a seller by sharing a little personal information. While an offer letter to a seller isn’t legally binding, a buyer may wish to address deal points such as purchase price, whether financing or cash will be used to purchase the home, and the favorite things about the home.

Be sure to close the deal by requesting a time to meet or speak with a seller to discuss the terms and conditions of a written sales and purchase agreement.

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Jeff has over 25 years of experience in all segments of the real estate industry including investing, brokerage, residential, commercial, and property management. While his real estate business runs on autopilot, he writes articles to help other investors grow and manage their real estate portfolios.

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Real Estate | Templates

An Agent Guide to Writing a Home Offer Letter (+ Templates)

Published March 18, 2024

Published Mar 18, 2024

Gina Baker

REVIEWED BY: Gina Baker

Shannon Sharpe

WRITTEN BY: Shannon Sharpe

This article is part of a larger series on Real Estate Lead Generation and Marketing .

  • 1 What Is a Real Estate Home Offer Letter?
  • 2 6 Items to Include
  • 3 What to Avoid
  • 4 How to Deliver the Letter to the Seller’s Agent
  • 5 Home Offer Letter Templates
  • 7 Bottom Line

As a buyer’s real estate agent, it is important to master the art of writing a compelling home offer letter. The goal is to bring the buyer’s offer to life so that a seller can clearly understand the terms without reading through a lengthy legal agreement. In short, an effective home offer letter opens the door to negotiations. It should strike a balance between highlighting essential details about the offer and avoiding unnecessary personal information about the client.

Read along to get our free home offer letter templates, learn what to include and avoid in your letter, and get details on how to deliver it to sellers.

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Real Estate Offer Letter Templates

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What Is a Real Estate Home Offer Letter?

A real estate home offer letter, sometimes referred to as a cover letter, is a written document submitted by a real estate agent on behalf of a potential buyer. This letter, which accompanies the formal purchase offer, expresses the buyer’s interest in purchasing a specific property and helps the seller visualize the offer terms. The letter should highlight specific terms or conditions the buyer believes will make their offer more appealing to the seller.

The goal of the real estate home offer letter is to connect with the seller to set the buyer’s offer apart from others. This strategy is particularly useful in competitive real estate markets where sellers receive multiple offers on their property.

sample offer letter to purchase property with details on the price, terms, and contingencies.

Sample offer letter to purchase property (Source: Willow Nest Realty )

6 Items to Include in the Home Offer Letter

Imagine you are the seller for a moment. You have multiple offers in front of you. Which offers will you look at more carefully: the offers accompanied by a clear, detailed home offer letter, or the offers without one? I’ll let you answer that question yourself.

When competition is high, real estate agents seek ways to get their clients’ offers noticed. Now is the time to showcase your ability to deliver the offer clearly and concisely. Make sure to include the following elements items in your letter:

  • Introduce yourself professionally
  • Provide details of the offer
  • Explain the contingencies
  • Flex the financials
  • Close the deal
  • Put a signature on it

1. Introduce Yourself Professionally

Open your letter with a professional greeting to the listing agent. Clearly state your role as the buyer’s agent, introducing the letter’s purpose as an offer submission. Keep it clear and to the point, directing the focus toward the property and the offer details. Ensure the cover letter is well-structured, free of grammatical errors, and written in a professional tone. Focus on the property and offer details to create a strong first impression.

[Listing Agent Name]

[Real Estate Agency]

RE: Offer to Purchase – [Property Address]

Dear [Listing Agent Name] ,

2. Provide Details of the Offer

Provide a comprehensive breakdown of the offer. Be transparent about the buyer’s financing situation, ensuring the listing agent and seller will understand all the terms of the offer and what makes your buyer stand out from the competition. You can choose between two different styles when presenting the offer details. You can write it out as a paragraph or you can list the details in a bulleted list.

PARAGRAPH VERSION

We are prepared to offer [offer amount] for the property with [earnest money amount] as an earnest money deposit. [Optional: earnest money calculation explanation.] We are making this purchase [describe the financing situation objectively, e.g., pre-approved for a mortgage, able to make a cash offer] . An inspection period of [# days] is requested to conduct [list of inspections] . We [are/are not] flexible on the closing date. [Optional: provide reasoning.] This offer expires on [Date] at [Time] . [Optional: provide reason for the deadline. ]

BULLETED VERSION

Purchase Price: $[Offer Price] Earnest Money Deposit: $[Earnest Money Deposit Amount] Financing: [Financing Type (e.g., Conventional Mortgage, Cash)] Inspection Period: [Number] days Contingencies: Briefly explain any contingencies tied to the offer Closing Date: [Proposed Closing Date] Offer Expiration: This offer expires at [Time] on [Date] .

[Briefly describe any justification for price, earnest money, inspection period, closing dates, or offer expirations.] Copy to Clipboard

3. Explain the Contingencies

Contingencies are conditions or stipulations included in the offer that, when met, allow the buyer to proceed with the purchase. Each contingency acts as a safeguard, offering the buyer protection and the opportunity to withdraw from the deal without penalties if certain conditions are not satisfied.

After defining the contingency type, take this opportunity to showcase the buyer’s awareness of potential challenges and their willingness to work collaboratively with the seller to address them, leading to a smooth closing.

4. Flex the Financials

Transparency about the buyer’s financing situation is important, even if it is not the strongest offer. Clearly outline the buyer’s financial strength by providing a pre-approval letter. If the offer is cash, submit redacted proof of funds to further strengthen the offer. If funds are limited, such as in the case of a first-time homebuyer, clearly explain how the buyer has prepared for this purchase.

Mortgage loan pre-approval letter example.

Sample mortgage loan pre-approval letter (Source: HomeBridge )

Common types of financing include:

  • Federal Housing Administration (FHA)
  • Veterans Affairs (VA)
  • United States Department of Agriculture (USDA)
  • Conventional

5. Close the Deal

Wrap up the letter with a brief summary of the key points, reiterating the strengths of the offer.  Assure the listing agent and seller about your and your buyer’s commitment to a seamless transaction. Encourage open communication between both parties and express your willingness to address any questions or concerns promptly. Finally, express gratitude and enthusiasm for the opportunity to work together.

6. Put a Signature on It

If possible, provide a signature line on the letter instead of typed text. This adds an element of personalization that helps the listing agent and seller view this purchase as more than just another transaction. Underneath your signature, provide the phone number and email address where you can be reached.

[Your Signature (Optional)]

What to Avoid in Your Offer Letter

When writing home offer letters, it’s important to avoid certain details that could potentially harm yourself or your buyer. Here are some key things to steer clear of:

  • Overly personal information: While a degree of personalization is encouraged, avoid sharing excessive personal details about your client or yourself. Stick to information relevant to the transaction to maintain professionalism and comply with privacy norms and fair housing guidelines.
  • Ignoring the seller’s preferences:  If the seller has provided specific instructions or preferences for offer submissions, make sure to adhere to them. Ignoring such guidelines could create a negative impression and potentially harm the chances of your offer being accepted.
  • Making unrealistic promises: Avoid making promises you cannot keep or that are beyond your control. This may lead to disappointment and can potentially harm your credibility.
  • Being too impersonal: While you should maintain professionalism, don’t make the letter overly formal. Find a balance between professionalism and a friendly, approachable tone to connect with the seller on a human level.
  • Neglecting legal and ethical considerations: Be mindful of fair housing laws and avoid any language or content that could be interpreted as discriminatory (words, phrases, or statements that stereotype certain individuals, or groups of individuals, based on their race, nationality, or protected class). Additionally, refrain from providing legal advice, unless you are licensed to do so.

How to Deliver the Letter to the Seller’s Agent

Once you have crafted your letter, it’s time to get the letter in the right hands. Send the home offer letter in a professional format, typically as an email attachment or a physical document, depending on the agent’s preference. Be aware of any deadlines set by the listing agent and seller to ensure you are delivering the letter and the offer in a timely manner.

  • Personalize your email subject line: Write a professional subject line for your email. For example, “Offer Submission for [Property Address] – [Your Client’s Name].” This helps the listing agent identify the purpose of the email immediately.
  • Include a cover email: In your email, provide a brief introduction and a quick overview of the key terms of the offer. For example, highlight the purchase price and closing date of the offer.
  • Attach the offer letter: Clearly state that the offer letter is attached. Keep the email concise, encouraging the listing agent to review the attached document.
  • Confirm receipt: Request a confirmation of receipt from the listing agent. You can include a sentence like, “Please confirm receipt at your earliest convenience.”
  • Follow preferred communication channels: If the listing agent has a preferred mode of communication, such as email or an online platform, adhere to their preferences.
  • Consider a follow-up call: If you haven’t received confirmation within a reasonable time frame, consider making a follow-up call to ensure the offer has been received and inquire about the seller’s timeline for reviewing offers.
  • Respect timing: Be mindful of any specified deadlines or preferred submission times indicated by the listing agent. Timely delivery reflects professionalism and respect for the agent’s and seller’s time.
  • Maintain professionalism: Throughout the communication, maintain a professional and respectful tone. Avoid unnecessary urgency or pressure tactics, as these may have a negative impact on the negotiation process and your reputation.
  • Be responsive: Once the offer is submitted, be prepared to respond quickly to any inquiries or requests for additional information from the listing agent.

By following these guidelines, you can ensure that your offer letter is delivered in a professional and effective manner, increasing the likelihood of a positive response from the listing agent.

Home Offer Letter Templates

Home offer letter templates are necessary in today’s hot real estate market. They help buyers and agents craft strong overviews of an offer that grab sellers’ attention. These templates act as a roadmap, guiding you on how to professionally express your clients’ interest in a property.

Using a well-written template ensures your offer is clear, persuasive, and follows industry best practices. You can tailor the home offer letter templates below based on the specific property and your situation.

Template 1: Noncontingent Offer—Paragraph Version

The first example is a paragraph-styled home offer letter template in which the sale is not subject to any contingencies. It has a traditional letter format and provides all the details of the proposed sale.

[Listing Agent Name] [Real Estate Agency]

I am writing to submit an offer on behalf of my clients, [Buyer Name(s)] , to purchase the property located at [Property Address] .

They are very interested in this home and believe it would be a perfect fit for their needs. We have been very impressed with [mention objective features of the property, e.g., the spacious layout, the well-maintained landscaping, the desirable neighborhood] . We believe this property would be a [describe your situation objectively, e.g., ideal location for our work commute] .

[Buyer Name(s)] are [Describe Buyer Type (e.g., first-time homebuyers, purchasing a vacation home)] . They are very excited about this property and are committed to a smooth and timely transaction.

We are prepared to offer [offer amount] for the property with [earnest money amount] as an earnest money deposit. [Optional: earnest money calculation explanation.] We are making this purchase [describe the financing situation objectively, e.g., pre-approved for a mortgage, able to make a cash offer] . An inspection period of [# Days] is requested to conduct [List inspections] . We [are/are not] flexible on the closing date. [Optional: provide reasoning.] This offer expires on [Date] at [Time] . [Optional: provide reason for the deadline.] 

We believe our offer is strong and represents a serious buyer who is ready to close quickly. We are confident that [Buyer Name(s)] will take excellent care of this property. We are available to answer any questions and address any concerns you may have. Thank you for your time and consideration. We look forward to working with you toward a successful closing.

Template 2: Contingent—Paragraph Version

This example is a paragraph-styled home offer letter template in which the sale is subject to certain contingencies. It is still in a traditional letter format, but adds the details of the contingency. Here you will add details about financing, appraisal, sale of prior home, or any other situation that needs to be completed for a successful sale. Remember to be specific and transparent.

This offer is contingent upon [list contingencies objectively, e.g., sale of current home, satisfactory home inspection, mortgage approval] . We understand that contingencies can impact the timeline. [Buyer Name(s)] are highly motivated buyers and are committed to working diligently to meet all contingencies in a timely manner to ensure a smooth closing. We are available to answer any questions and address any concerns you may have. Thank you for your time and consideration. We look forward to working with you towards a successful closing.

Template 3: Bulleted Style—Noncontingent

This bulleted example for a home offer letter template provides the same level of detail as the paragraph version. The layout is a bit more straightforward and easier to read. There is no correct answer for which template you use. Choose the template that best fits your writing style.

Purchase Price: $[Offer Price] Earnest Money Deposit: $[Earnest Money Deposit Amount] Financing: [Financing Type (e.g., Conventional Mortgage, Cash)] Inspection Period: [Number] days Contingencies: [Briefly explain any contingencies tied to the offer] Closing Date: [Proposed Closing Date] Offer Expiration: This offer expires at [Time] on [Date] .

[Briefly describe any justification for price, earnest money, inspection period, closing dates, or offer expirations.]

We believe our offer is strong and represents a serious buyer who is ready to close quickly. We are confident that [Buyer Name(s)] will take excellent care of this property. We are available to answer any questions and address any concerns you may have. Thank you for your time and consideration. We look forward to working with you towards a successful closing.

Frequently Asked Questions (FAQs)

Is it worth it to write a cover letter for a home offer.

The short answer is yes. Writing a home offer letter ensures a seller clearly understands the terms of a buyer’s offer. While a home offer letter is not a formal requirement and may not impact the seller’s decision in all cases, it can add a personal touch and help your client’s offer stand out, especially if multiple offers are on the table. Ultimately, whether or not to write a letter for a house purchase depends on the local real estate trends, the seller’s preferences, and your familiarity with this process.

How do you write a counter-offer letter for a house?

Following the same process as for writing a home offer letter, you will update the terms originally provided with the countered terms. You can leave out any duplicate information and get straight to the point. The original cover letter to purchase the property has all the details of the initial offer. You will want to highlight any changes being made to the original terms in your counter-offer letter.

What are the guidelines surrounding real estate offer letters & fair housing?

When writing a cover letter for a house purchase, it’s important to stay in compliance with fair housing laws to avoid unintentional violations. These laws are in place to prevent discrimination in housing transactions based on factors such as race, color, religion, sex, national origin, familial status, and disability.

Here are some tips for staying compliant with fair housing laws in a home offer letter:

  • Focus on highlighting your buyer’s financial qualifications, such as mortgage pre-approval and financing capabilities, without delving into personal characteristics associated with protected classes.
  • Stick to factual information about your buyer’s readiness to buy the property, the offer terms, and relevant timelines.
  • Use neutral language, avoiding expressions that could be construed as discriminatory or biased.
  • Emphasize your buyer’s appreciation for the property itself rather than the personal attributes of current owners or neighbors.
  • If you’re uncertain, seek guidance from real estate professionals or legal experts to ensure your cover letter does not violate any fair housing laws. These laws apply to every individual, not just those in the real estate industry.

Bottom Line

A strong real estate home offer letter isn’t just part of an agent’s job—it’s a secret weapon in competitive markets. Mastering this skill is one way you can set yourself apart from other agents. By focusing on details, being transparent, and adding a personal touch, you’ll show sellers you’re serious about making your client’s dream home a reality.

About the Author

Shannon Sharpe

Find Shannon On LinkedIn

Shannon Sharpe

Shannon Sharpe is a subject matter expert at Fit Small Business focusing on a wide variety of real estate content including residential and commercial sales, property management, and investing. Upon completion of an MBA in Real Estate from Longwood University, she served as the Head of Brokerage at an accredited real estate firm focusing on compliance and growth. She is certified by the National Association of REALTORS® (NAR) and holds a designation as a Certified Distressed Property Expert (CDPE). With almost 30 years of experience in the industry, she is passionate about sharing her wisdom with other professionals at all levels of their careers.

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Acceptance in Real Estate: Understanding the Importance of Approval in Property Transactions

September 1, 2023

By Dyana Branchen

As someone who has worked in the real estate industry for several years, I can attest to the importance of acceptance in any transaction. Acceptance is the point at which both the buyer and seller agree on the price and terms of a deal, and a binding contract is entered into. This is a crucial step in the real estate process, as it ensures that both parties are on the same page and have a clear understanding of the terms of the agreement.

In real estate, acceptance is formalized through a binding signature of both parties and is official when both the buyer and seller have been notified of the completed transaction or property sale. This means that once acceptance has been reached, the transaction is legally binding and both parties are obligated to fulfill their respective obligations. As such, it is important to ensure that all terms and conditions are clearly outlined in the contract before acceptance is given.

Overall, acceptance is a vital component of any real estate transaction. It is the point at which both parties agree to the terms and conditions of the deal, and it ensures that the transaction is legally binding. As such, it is important for both buyers and sellers to understand the significance of acceptance and to ensure that all terms and conditions are clearly outlined in the contract before giving their acceptance.

Understanding Acceptance in Real Estate

As someone who has worked in the real estate industry for a number of years, I understand the importance of acceptance in real estate transactions. Acceptance is a critical component of any real estate deal, as it marks the point at which both parties agree to the terms of the transaction. In this section, I will explain what acceptance is, who is involved in the process, and why it is so important.

Definition of Acceptance

In real estate, acceptance occurs when the buyer and seller agree to the terms of a purchase contract. This agreement is made when the seller signs the contract, thereby accepting the offer made by the buyer. Once the seller has accepted the offer, the contract becomes binding, meaning that both parties are legally obligated to fulfill the terms of the agreement.

Parties Involved in Acceptance

The parties involved in acceptance are the buyer and seller. In some cases, a real estate agent may also be involved in the process, as they may be responsible for presenting the offer to the seller. Additionally, an attorney may be involved in the process if either party has legal questions or concerns.

Importance of Acceptance in Real Estate Transactions

Acceptance is a critical component of any real estate transaction because it marks the point at which the deal becomes legally binding. Without acceptance, the offer made by the buyer is simply a proposal and is not enforceable by law. Once the seller accepts the offer, however, the contract becomes legally binding, and both parties are obligated to fulfill the terms of the agreement.

In addition to being legally binding, acceptance is also important because it sets a timeline for the transaction. Once the offer has been accepted, both parties are expected to fulfill their obligations within a certain timeframe. This timeline is typically outlined in the purchase contract and may include deadlines for things like home inspections, financing, and closing.

Overall, acceptance is a critical component of any real estate transaction. It marks the point at which the deal becomes legally binding, and sets a timeline for the transaction to be completed. As someone who has worked in the industry for a number of years, I understand the importance of acceptance and its role in ensuring a successful real estate transaction.

Types of Acceptance in Real Estate

When it comes to real estate transactions, acceptance is a critical element of the deal. In essence, acceptance is the agreement of both parties to the terms and conditions of a contract. There are different types of acceptance in real estate, and they include express acceptance, implied acceptance, and conditional acceptance.

Express Acceptance

Express acceptance is the most common type of acceptance in real estate. It is a clear and unequivocal acceptance of the terms of the offer by the buyer or seller. This type of acceptance is usually in writing and signed by both parties, indicating their agreement to the terms of the contract. An acceptance letter is a good example of an express acceptance.

Implied Acceptance

Implied acceptance is an acceptance that is not explicitly stated but is inferred from the actions of the parties involved. For instance, if a seller receives an offer from a buyer and fails to reject it within a reasonable time, it can be inferred that the seller has accepted the offer. In this case, the seller’s silence and inaction constitute implied acceptance.

Conditional Acceptance

Conditional acceptance is an acceptance that is subject to certain conditions. It is not a binding acceptance until the conditions are met. For example, a buyer may accept an offer to purchase a property, but the acceptance is subject to the buyer obtaining financing. If the buyer fails to obtain financing, the acceptance becomes void, and the deal falls through.

When it comes to acceptance in real estate, time is of the essence. Parties must ensure that they meet all the deadlines and time limits set out in the contract. Any delay in acceptance or performance can lead to the termination of the deal. It is also essential to ensure that any changes to the terms of the contract are made in writing and signed by both parties.

In conclusion, acceptance is a critical element of any real estate transaction. It is essential to understand the different types of acceptance and their implications. Buyers and sellers should work closely with their real estate agents, attorneys, and lenders to ensure that all the necessary documents are in order and the deal is legally binding.

The Acceptance Process

As a real estate agent, I have been involved in many transactions where the acceptance process can make or break a deal. The acceptance process is the final stage of the negotiation process where the parties agree on the terms of the contract. In this section, I will discuss the key aspects of the acceptance process, including negotiating the offer, acceptance deadlines, contingencies, and closing the deal.

Negotiating the Offer

The first step in the acceptance process is negotiating the offer. The buyer makes an offer to purchase the property, and the seller can either accept, reject, or counter the offer. If the seller counters the offer, the buyer can accept, reject, or counter the counteroffer. This process can continue until both parties reach an agreement or decide to walk away.

Acceptance Deadlines

Once the parties agree on the terms of the contract, they must sign the agreement to make it legally binding. The acceptance deadline is the time limit set by the seller for the buyer to sign the contract. If the buyer fails to sign the contract by the deadline, the seller can withdraw the offer and sell the property to someone else.

Contingencies

Contingencies are conditions that must be met before the contract becomes binding. For example, the buyer may include a contingency that the sale is contingent on a satisfactory home inspection. If the inspection reveals significant issues, the buyer can back out of the deal. Contingencies can also include financing, appraisal, and title contingencies.

Closing the Deal

The final step in the acceptance process is closing the deal. This involves transferring ownership of the property from the seller to the buyer. The buyer must provide the funds to purchase the property, and the seller must transfer the title to the buyer. The closing process can take several weeks to complete, and both parties must sign a variety of documents to finalize the transaction.

In conclusion, the acceptance process is a critical part of any real estate transaction. It involves negotiating the offer, setting acceptance deadlines, including contingencies, and closing the deal. Buyers and sellers must work together to ensure that the acceptance process goes smoothly and that the contract is legally binding.

Legal Implications of Acceptance in Real Estate

As a real estate professional, I understand the importance of acceptance in the buying and selling of property. Acceptance is a critical component of a legally binding contract, and it has several legal implications that both parties must be aware of. In this section, I will discuss the legal implications of acceptance in real estate.

Enforceability of Acceptance

Once a seller accepts a buyer’s offer, the acceptance becomes binding, and both parties are legally bound to the terms of the contract. If either party breaches the contract, the other party can take legal action to enforce the terms of the agreement. Therefore, it is crucial to ensure that the acceptance is clear and unambiguous to avoid any misunderstandings.

Breach of Contract

If either party breaches the contract, the other party can sue for damages. The damages may include the cost of repairs, lost rent, or any other losses that result from the breach. It is essential to note that the damages must be foreseeable and quantifiable to be recoverable.

Statute of Frauds

The Statute of Frauds requires that certain contracts, including real estate contracts, be in writing to be enforceable. Therefore, it is crucial to ensure that the acceptance is in writing and signed by both parties to comply with the Statute of Frauds.

Disputes and Litigation

If a dispute arises between the parties, they may need to resort to litigation to resolve the issue. Litigation can be a lengthy and expensive process, and it is crucial to try to resolve any disputes through negotiation or mediation before resorting to litigation.

In conclusion, acceptance is a critical component of a legally binding real estate contract, and it has several legal implications that both parties must be aware of. It is essential to ensure that the acceptance is clear, unambiguous, and in writing to avoid any misunderstandings or disputes.

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Free Real Estate Offer Letter Template [Downloadable]

offer and acceptance letter real estate

What is a real estate offer letter?

What should be included?

What should be left out?

How to write an offer letter

Real estate offer letter template

When a seller receives multiple offers and offer letters, how do you make yours stand out? By using a real estate offer letter template , you’re following a professional format to make an emotional appeal, but without going overboard. Keep reading to find out how to construct a winning real estate offer letter. Not only that, but make sure you download the free real estate offer letter template at the end of this article to add to your home-buying toolkit.

What Is A Real Estate Offer Letter?

real estate offer letter

What Should Be Included In A Real Estate Offer Letter?

A real estate offer letter is not an official legal document or contract, as such there is no formula of required components to follow. That being said, there are several elements buyers should include to effectively communicate to sellers. Over the years many in the real estate world have become accustomed to various sections being present in an offer letter. The following is a brief overview of what should be included in a real estate offer letter:

An address and description of the potential property

The sale price

Proposed terms for the sale

Ideal closing date

Earnest money deposit amount

Deed and title discussion

How utilities and taxes will be adjusted during the transaction

Any provisions and contingencies necessary to the sale

State specific clauses if required

Date by which the offer will expire

The above list is not exhaustive in any way; it is simply the “bones” of a standard offer letter. Continue reading to learn how to include the above items and guidelines for adding personal elements to a real estate offer letter.

What To Leave Out Of Your Letter

Just as there are pieces of information that will benefit your letter, some things should be left out entirely. You don’t want to rub the seller the wrong way, and you definitely don’t want to cross any legal boundaries set in place by the Fair Housing laws. Read the following list before writing your letter to ensure your appeal is as streamlined and effective as possible:

Don’t provide too much personal information. Including your race, gender, religion, or other information on a protected class can create a possible violation of the aforementioned Fair Housing laws. If the seller were to take any of that information into account when choosing a buyer, it would violate these laws. Avoid including personal photographs, which also fall under this umbrella.

Leave out the financial details. While you want to include the sale price and deposit amount, don’t overshare your financial situation in the offer letter. Including extra financial details could hurt your case when negotiating during the closing process. Stick to the necessary numbers and leave out anything that could cause the seller to worry about your financing.

Focus on the good. Be careful not to include any plans you have for their home that may differ from what they have done themselves. Talking about your vision of knocking down a few walls and redoing the basement could be considered an insult to their home. Instead, highlight what you already love about the property.

Don’t contradict the purchase agreement. Avoid anything that will be decided in the final purchase agreement. Remember that an offer letter is about standing out during the homebuying process; the hard negotiations will happen afterward. Above all else, make sure you don’t contradict yourself or your agent — as this could confuse everyone involved.

Avoid sounding desperate. While it’s great to show your earnest interest in buying the home in question, be careful not to sound too desperate. This could signal to the seller that you might be willing to pay more for the home, so they might counter with a higher price.

How To Write A Real Estate Offer Letter

The hardest part about writing a real estate offer letter will be including all of the necessary information, while sticking to the point. A strong offer letter should stay around one page long, or 1000 words. Keep this in mind as you walk through the following steps:

Make your case and state why you want the property

Include something personal and connect with the seller

Support your offer with necessary financial information

Gently explain any contingencies you may have

1. Make Your Case

In some instances, a seller will merely be looking for an offer that allows for a smooth sale. However, in other cases, a seller may have an emotional attachment to their property and want it to go to the “right” buyer. Buying and selling a home can be a highly personal experience, so writing a heartfelt offer letter can help humanize the transaction. Attempt to make your case,  but remember to limit the personal information. A good guideline is to treat the letter like you are talking to a new friend. Include personal details while still keeping it short and to the point.

Letters help make your offer stand out in a competitive environment or explain your offer if it is lower than the asking price. In some cases, sellers may opt for buyers with a slightly lower offer because they want the property to go into good hands. State why you want to purchase the home and demonstrate why you would be a good fit. This portion of the letter should show how serious you are about the property. All in all, making your case is about finding balance. Aim to be personable and sincere without divulging too much information.

2. Build A Relationship With The Seller

There are several approaches to help to make your offer letter stand out, all of which hinge on your ability to make a connection with the seller. When writing your offer letter, find specific ways to relate to the seller’s emotions—and take a problem off their hands. For homebuyers, perhaps you can outline why this property is perfect for you and your family. For investors, appeal to how you can provide a solution to the seller’s needs, such as offering to pay for moving or cleaning services. Put yourself in their shoes and think through how you could help the situation run more smoothly. Kris Lippi, the owner of ISoldMyHouse, offers this insight: “a striking offer letter includes compliments about the property. People like to be acknowledged for the work they’ve put into the house they’re about to surrender to you. A simple recognition of what you like about the home is enough to make the owner feel appreciated for the time, hard work, and money they’ve put into their property”.

As you write, be sure to stay honest and friendly without going overboard or sounding phony. The idea is to make your letter stand out because of its sincerity, not its drama. Some ideas include handwriting the letter and envelope addresses, attaching a photo of your family or pets, or even including a drawing made by your child. This is your chance to make a strong impression on the seller.

3. Support Your Offer

The details of your offer are essentially the meat and potatoes of the letter. This is where you will outline the specifics and hopefully meet the conditions of the listing. Include information on your loan status (if you are approved) and the amount of your down payment. Be careful to avoid overstating your financial status, and instead stick to your offer throughout the letter. Any financial information should be direct and accurate, as misrepresenting yourself could cause problems during negotiations. This is also a good time to reinforce the closing date, which will let the seller know you are ready to move forward with the transaction should your offer be approved.

4. Explain Your Contingencies

The end of your letter should accomplish two main things. First, it should outline any contingencies that you have for the property. These could include getting a home inspection or appraisal, for example. Don’t worry about “ruining” your chances for the property, as these topics will likely be revisited during negotiations. It is more important to be transparent about your expectations.

Finally, the conclusion should reiterate why you are the best fit for the property. For example, if any special features within the house stand out to you, like a stone fireplace or stained glass window, mention them as you wrap up your letter. Then, write a sentence or two explaining their significance to you and how you will incorporate them into your plans for the property. This will allow you to bring the focus back to the home while also ending on a personal note.

Free Real Estate Offer Letter Template

Elevator pitch

Price Negotiation

After finding the perfect property, many homebuyers will feel motivated to act quickly to avoid losing out. However, the speed of a real estate transaction should not discourage buyers in even the most competitive markets from negotiating a sale. Instead, homebuyers should make sure the sale price is fair and adjust their offer accordingly. To ensure you are getting a good price, research the value of the home and ask your real estate agent for feedback.

In many cases, aspiring homebuyers will make an offer based on the information they know but leave room in the offer letter for contingencies. This allows them to negotiate if the appraisal or inspection reveals new information to anyone involved in the transaction. Additionally, there are a few other factors to look for that may signal sellers are open to negotiation. These include a property that has been on the market for a considerable amount of time, an estate sale or similar circumstance, or if the market is moving slowly in that area. Homebuyers can use all the information they have to their advantage to negotiate the sale price and secure a fair deal on their new home.

Types Of Offers

There are two types of offers that you can make when purchasing real estate. The first type is a firm offer. A firm offer is used when the buyer is willing to purchase the property with no specific conditions. No more negotiation is required from either side if a seller accepts a firm offer.

The second type of offer is called a conditional offer. A conditional offer is used when the buyer wants to purchase a property but does have specific conditions that they want met. This means that the sale will not be finalized until the terms of the offer are agreed upon and completed. An example of a condition would be requesting a professional inspection of the property to identify any issues before purchase. Only once these requests are met can the sale be finalized.

Related Documents

There are a few other related documents associated with the early stages of the home buying process. It can be helpful to review these before you begin the transaction:

Real estate purchase agreement : This contract is used to facilitate the sale of a residential property.

Warranty deed : There are a few different types of deeds used in real estate, each with different legal protections.

Pre approval letter : The pre approval is issued by your mortgage lender stating the potential loan amount you could be approved for.

Mortgage agreement : The completed mortgage agreement is made once the offer price has been accepted and the loan terms finalized.

A strong offer letter could mean the difference between securing a great property or walking away empty-handed. That’s why it is important to build a positive relationship with the seller and provide them with peace of mind. Always maintain a balance between personal and professional, and above all, demonstrate your genuine interest in the property. Remember: whether you are an investor or first-time homebuyer, our real estate offer letter template  is here to help.

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Forms of Acceptance in a Real Estate Transaction

Shauna Zamarripa

What Is a Contract of Sale?

In real estate, an executed contract is one that has been accepted by both parties. Essentially, acceptance is both parties to the transaction coming to an agreement whereupon a sale is pending if all of the conditions of the agreement are met and adhered to as agreed in the contract. Acceptance, however, can be a commonly misunderstood area. There are many types of acceptance in real estate.

Contractual Acceptance

The most common and most binding type of acceptance is a signature from a buyer or a seller on a contract. When a buyer submits an offer to purchase, he is accepting the terms of the sale if the seller agrees to and accepts the offer written "as is." This is a common type of acceptance. Should the seller agree to the terms as written by the buyer, that constitutes offer acceptance, and the sale will proceed under the terms dictated by the buyer.

The seller, however, will typically make changes to an offer, counter and send it back to the buyer. The seller will sign and say that they accept the offer if the terms are amended to reflect the changes they have made to the purchase. The buyer either rejects the offer or accepts it by initialing next to the seller's proposed changes on the contract, indicating acceptance. Once the offer has changed hands enough times for both parties to be satisfied with it, all items are initialed and signed off on, the final acceptance is made and escrow can be opened.

Written Acceptance

While not as legally binding as contractual acceptance, another type of acceptance is written. A written acceptance can originate only from a buyer or seller in a transaction, but can be conveyed through their representation (real estate agent or attorney). A written acceptance can be as formal as a letter stating that the buyer or seller will accept the terms outlined by the other party, or could be as simple as an email message acknowledging the acceptance of the offer or counter offer. Even though this type of acceptance is not as legally binding as a formal contractual acceptance, it is recognized by most state legislations as a form of binding acceptance. Thus, it becomes enforceable.

Oral Acceptance

Oral acceptance is the the least recognized of the types of real estate acceptance. If a buyer and seller come to a verbal agreement on the terms of a purchase contract, that agreement should be considered binding by all parties and immediately transferred to a contract to formalize it. However, if any items are changed from the verbal agreement onto the contractual agreement, the verbal agreement can still be considered binding in a court of law.

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Real Estate Glossary

What does "offer and acceptance" mean in real estate, definition of offer and acceptance.

Offer and acceptance are the key elements to a binding contract. Offer and acceptance occur when the seller accepts a buyer's offer on the home, usually by signing a Purchase and Sale Agreement already signed by the buyer. This concept is also known as mutual acceptance .

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Analysts Offer Insights on Real Estate Companies: DigitalBridge Group (DBRG), BRC (BRCC) and Elme Communities (ELME)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on DigitalBridge Group ( DBRG – Research Report ), BRC ( BRCC – Research Report ) and Elme Communities ( ELME – Research Report ).

DigitalBridge Group (DBRG)

Truist Financial analyst Anthony Hau maintained a Buy rating on DigitalBridge Group today. The company’s shares closed last Tuesday at $14.11.

According to TipRanks.com , Hau is a 2-star analyst with an average return of 1.4% and a 54.2% success rate. Hau covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Rexford Industrial Realty, and Plymouth Industrial Reit.

DigitalBridge Group has an analyst consensus of Strong Buy, with a price target consensus of $19.38, which is a 29.6% upside from current levels. In a report issued on May 1, J.P. Morgan also maintained a Buy rating on the stock with a $23.00 price target.

See the top stocks recommended by analysts >>

Truist Financial analyst Bill Chappell maintained a Hold rating on BRC today. The company’s shares closed last Tuesday at $5.05.

According to TipRanks.com , Chappell is a 4-star analyst with an average return of 5.0% and a 55.2% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Central Garden Pet, and Monster Beverage.

BRC has an analyst consensus of Moderate Buy, with a price target consensus of $6.92, which is a 36.2% upside from current levels. In a report issued on May 9, Needham also maintained a Hold rating on the stock.

Elme Communities (ELME)

Truist Financial analyst Michael Lewis maintained a Hold rating on Elme Communities today and set a price target of $16.00 . The company’s shares closed last Tuesday at $15.93.

According to TipRanks.com , Lewis is a 5-star analyst with an average return of 7.4% and a 64.5% success rate. Lewis covers the NA sector, focusing on stocks such as Easterly Government Properties, National Health Investors, and COPT Defense Properties.

Currently, the analyst consensus on Elme Communities is a Moderate Buy with an average price target of $15.67, which is a -1.6% downside from current levels. In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $14.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on DBRG:

  • DigitalBridge Group Emphasizes Investor Communication Strategy
  • DigitalBridge to host investor day
  • DigitalBridge Group: Leadership Elected, Strategic Plan Approved
  • DigitalBridge reports Q1 distirbutable EPS 1c, consensus (7c)
  • DBRG Earnings Report this Week: Is It a Buy, Ahead of Earnings?

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Finance ministry letter contradicts NLA response over senior appointment

Christopher McPherson

The Ministry of Finance and the Public Service told the National Land Agency (NLA) in May 2023 that it did not approve removing a mandatory international qualification for a post later filled by a former political adviser, an apparent contradiction of the state agency’s assertions.

“There has been no official acceptance or approval granted,” said a ministry letter obtained by The Sunday Gleaner .

It was referring to the NLA’s push to amend the job description for the post of senior director, estate management, by, among other things, removing the Royal Institution of Chartered Surveyors (RICS) certification as a minimum requirement.

The NLA did not provide that information in a statement on Friday that sought to challenge a May 5 Sunday Gleaner report.

“The NLA received permission for the removal of RICS as a mandatory minimum requirement from the MOFPS (finance ministry) in a letter dated December 15, 2022,” the agency said, pointing to the finance ministry.

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The NLA did not release the 2022 letter, but The Sunday Gleaner obtained a copy of the document.

The letter oultined that the ministry’s “no objection” to the proposal was conditional on the agency providing further documentation, a requirement the NLA did not disclose on Friday.

The NLA claimed that, based on the ministry’s purported permission in December 2022, it started a recruitment exercise for the senior director role.

The post was later filled by Christopher McPherson, a former NLA board member who served as an adviser to Cabinet minister Aubyn Hill from January 2022 to August 31, 2023.

He started his NLA senior executive job on September 1, 2023.

However, additional information raises further questions for the NLA, whose chief executive officer is Cheriese Walcott, an attorney promoted to the top job in September 2021.

In its December 2022 letter addressed to Walcott, the finance ministry said its Corporate Management and Establishment Branch reviewed amended (revised) job descriptions that the NLA submitted for three positions.

It said the branch “offers its no objection to the amendment of the minimum required qualifications and experience for the posts at caption, with no consequential effect on the current classification grade of the posts”.

The ministry was responding to the NLA’s September 6, 2022 letter which proposed the removal of the RICS from three posts in the estate management division – the top job of senior director; manager, regional services, and manager, property services.

What the NLA did not say in its Friday statement was that the ministry stated that another requirement would have to be met before any approvals could be granted.

“In consequence, kindly submit the validated (signed) revised job descriptions which will form a part of the Ministry of Finance and the Public Service’s official job description database,” the letter concluded.

Five months later, and after a series of exchanges between the two bodies, the finance ministry had a message for the NLA.

“Following on the request of the NLA for the amendment to the job description for selected posts, please note that there has been no official amendment to the job description for senior director, estate management division,” the ministry said in a letter dated May 11, 2023, that was addressed to the NLA’s CEO.

The correspondence continued: “The approval for changes to job specification and details requires the submission of a validated revised job description (signed by the incumbent, head of HR (human resources), and the incumbent’s supervisor. This has not been provided… .

“In light of the above, there has been no official acceptance or approval granted,” it said.

Those details are missing from the NLA’s press release of May 10, 2024, and an accompanying document it claimed gives a timeline of the events surrounding the employment of McPherson and the decisions regarding the removal of the RICS qualification, which there was no indication McPherson possesses.

One of the challenges the NLA had in meeting the requirement was the refusal of a senior official to sign off on the revised job description that scrapped the RICS certification, a proposal the official said raised “deep concern” for the operations of the estate management division which oversees over 40,000 parcels of government lands and the divestment of state lands.

The official told the NLA leadership that “with the diverse, often complex and historically rich portfolio of properties”, senior leaders in the division must have “specialised knowledge in the complexities of real property and how to provide solutions to them”.

“This is what a member of the RICS represents and it is of the highest importance that members of the management team within the division are chartered surveyors,” they said.

The RICS is a 156-year-old globally recognised professional body that sets standards and qualifications for professionals in land, real estate, and construction. It has over 130,000 members and its standards are used in more than 140 countries, including Jamaica. Its certification has been a longstanding minimum requirement for key positions in land valuation and estate management at NLA.

The senior director post was advertised in January and February giving “full exemption” from the RICS requirement, although the NLA said having it would be an asset. Experience in land administration, which was required in junior positions was not listed.

The NLA said it got eight applications but only three met the minimum requirements. It said McPherson received the highest scores in a written assessment and a simulated exercise and a four-member panel identified him as “the most suitable candidate following an interview”. The assessment took place in March 2023.

One of the finalists, who possesses the RICS, filed an appeal, challenging the selection process on several grounds, including whether due process was followed in removing RICS as a mandatory requirement. The issue was raised with the Office of the Services Commissions and the finance ministry.

The NLA said it is yet to receive a written response to the appeal that was lodged on April 12, 2023.

According to the agency, an offer was made and accepted by McPherson in August 2023. It explained that, because of the appeal, McPherson was employed on a one-year contract with “no guarantee of an appointment to the position”.

“It is my pleasure to announce Mr Christopher McPherson as our new senior director, estate management,” Walcott told her team in a notice, adding that he “assumed duties on September 1, 2023 with over 19 years’ progressive experience in strategic, land and operations management”.

In its statement on Friday, the NLA said it received a letter dated October 24, 2023, from the finance ministry, “indicating that the approval for the removal of RICS was rescinded”.

“Consequent to the MOFPS rescinding its decision to remove RICS as a mandatory requirement for the post of senior director, estate management, the National Land Agency was still contractually bound based on the employment contract offer to Mr McPherson. In March 2024 the decision was taken to transfer Mr McPherson to the Business Services Division as the senior director, business services, following the retirement of the previous incumbent,” the agency said.

The Sunday Gleaner reported on the October 2023 finance ministry letter last week and the document contains no suggestion that it was withdrawing a previous position.

The ministry told the CEO that it “will retain RICS membership and certification as mandatory” for five positions in the land valuation division and three positions, including senior director, in the estate management division.

“The Royal Institution of Chartered Surveyors is considered one of the highest forms of professionalisation and certification in the area of estate and land management and is an easily recognisable stamp of approval as subject experts with the highest level of integrity and professionalism. These characteristics are necessary for the contentious field of land and estate management in Jamaica,” the ministry said.

The ministry said it arrived at the conclusion following a desk and post-audit exercise conducted by its Corporate Management and Establishment Branch of the posts for which the NLA was seeking the amendment. It said it advised the NLA of the review from August 29.

The finance ministry argued that, given the work of the NLA, its operations face “considerable risks”, which it itemised as fraud and forgeries, data security and privacy, land disputes, among others.

“The vast mandate and risk universe of the NLA require its staff, especially portfolio managers and directors, to hold the highest level of integrity, professionalism, and competences to function effectively as an ‘Authority’ in the legal and natural sense,” the letter said.

The NLA’s response on Friday came two weeks after it refused to answer questions posed by The Sunday Gleaner , which had submitted queries to the agency on April 23. A day later the NLA responded, “Please be advised that the agency will not be responding to the questions”.

Additional questions pressing for further details on permissions it sought and a justification for removal of the RICS were submitted on April 30 but the NLA did not acknowledge them. A follow-up email sent on May 3 was also not acknowledged.

Questions sent to the finance ministry on April 30 were acknowledged but remain unanswered.

The NLA, which falls under the Prime Minister Andrew Holness-led Ministry of Economic Growth and Job Creation, deals with government lands and is the sole authority that issues titles in the country.

The ministry acknowledged receiving questions from The Sunday Gleaner on May 2 but there has been no response.

jovan.johnson@gleanerjm

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Billionaire real estate investor Frank McCourt wants to buy TikTok — but he's not interested in the algorithm

  • Frank McCourt is organizing a group to acquire TikTok's US business through Project Liberty.
  • US lawmakers voted to ban the Chinese-owned app unless the US arm sold within a year.
  • McCourt's group aims to change TikTok's infrastructure and reclaim digital identities and data.

Insider Today

Real estate mogul Frank McCourt is the latest person to raise his hand to try to acquire TikTok's US business.

McCourt said on Wednesday that he is assembling a group of specialists, including investment bank Guggenheim Securities and law firm Kirkland & Ellis, as well as technology experts, academics, and parents, to consult on buying the US division of the viral social media app.

The announcement follows a decision by US lawmakers last month to ban Chinese-owned TikTok from US app stores unless it is sold within a year. TikTok's parent company ByteDance, sued the federal government over the ban last week. TikTok has already said it has no plans to sell the platform.

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"We thought this was a really fantastic opportunity to accelerate the creation of an alternative internet," McCourt told the Associated Press. The 70-year-old is worth $1.4 billion, per Forbes, and made his wealth through real estate and sports investments.

The potential purchase would be made through Project Liberty, an internet advocacy group founded by McCourt in 2021 that focuses on data privacy, among other issues. Several high-profile technologists support the bid, including Tim Berners-Lee, according to the project's website .

McCourt wants to change TikTok's basic business to an open-source model that allows users and creators more control over their data.

The announcement did not share details of how much money is being raised or whether the group is in already in talks with TikTok.

McCourt, who previously owned the Los Angeles Dodgers, is on the short list of investors who have shown interest in buying the platform. Former Google CEO Eric Schmidt said he thought about buying the platform but decided against it. Former Treasury Secretary Steven Mnuchin said he's eyeing a purchase , but he may not have the funds to do it. Big Tech companies are almost sure to face antitrust concerns if they want in.

There is very little consensus on the app's price tag — one valuation pegs the US business at $100 billion , but another says it is immaterial to ByteDance's revenue . The platform may also be less attractive if it is sold without its "For You Page" algorithm , which has been credited for its success.

McCourt told the New York Times that he doesn't want the algorithm.

"We doubt very much that China would sell TikTok with the algorithm," McCourt told the Times. "We're the one bidder that doesn't want the algorithm because we're talking about a different architecture, a different way of thinking about the internet and how it operates."

TikTok and representatives for McCourt did not immediately respond to Business Insider's request for comment.

Watch: TikTok could be banned in US after House vote

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A Royal Homecoming - Chef Prabir Banerjee Takes Over Aaleeshan at JW Marriott Bengaluru Prestige Golfshire

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AI music may be having a moment, but human songwriters would like a word

Bob Dylan in 2009.

In a 1991 interview for the book Songwriters on Songwriting , Bob Dylan made a controversial statement : “The world don’t need any more songs,” he said. “If nobody wrote any songs from this day on, the world ain’t gonna suffer for it. Nobody cares.”  

Of course, this was Dylan being typically ornery and unpredictable. After all, since 1991 he has released 13 albums and hundreds of songs, so he hardly closed up shop. And today’s Taylor Swift and Beyoncé fans waiting for the next album to drop would beg to differ about the power of brand-new music. But sometimes I wonder what Dylan would say now, with new AI music generators about to add a seemingly infinite number of songs to the music universe—including songs with voices that sound eerily similar to Dylan himself. 

Emerging AI tools from Udio, ElevenLabs, and OpenAI’s Suno let people create new songs with simple prompts, while other AI products offer voice cloning to birth tunes like the viral “Heart on My Sleeve,” which mimicked the vocals of Drake and the Weeknd. While details about the data that trained these AI tools are sparse, there is plenty of reason to believe that they are trained on copyrighted music. For example, the founder and CEO of Udio, David Ding, told me last week that the tool was trained on the “best quality music that’s out there,” adding that “we are talking with different rights holders” about licensing data going forward. 

Human songwriters are speaking up: Yesterday Sony Music Group, which owns such well-known labels as Columbia Records, RCA Records, and Epic Records, and represents artists including Adele and Beyoncé, warned hundreds of companies not to train artificial intelligence models on its content without permission. And artists such as Nicki Minaj, Billie Eilish, and Stevie Wonder pushed back on the practice last month by signing an open letter saying, “This assault on human creativity must be stopped.”

The letter hit close to home. In addition to covering AI as a Fortune reporter, I’m a part-time songwriter who has recorded and released a half-dozen albums and almost a hundred original songs over the past two decades. People often ask me how I feel about AI models training on the articles I write (which yes, I know, is ironic as an AI reporter), but to be honest I feel far more emotional about the idea of AI training on my songs—or those of songwriters I admire. 

Of course, in some ways I agree with Bob Dylan: I know no one really cares that I poured my creative soul into crafting the perfect chorus, or shared my deepest feelings in a lyric that I sweated over for days, or spent hours in the recording studio perfecting vocal tracks. I’m just one of millions of people around the world who enjoy the process of songwriting as a way to express myself and share whatever talent I’m perceived to have with anyone who cares to listen. 

But as many creatives—writers, artists, designers, photographers, and musicians—have experienced over the past couple of years, there is a humbling, even humiliating feeling knowing that your most personal, thoughtful work is being scraped from the web to train artificial intelligence models that can spit out songs that are getting better and better all the time. I know many working musicians (including several who signed the open letter) who are legitimately fearful of how their work is being devalued in the age of AI. These are often independent or mid-level artists who already have had to adapt to an era of laughably low streaming royalties and the reduction in live performing opportunities since the pandemic. And I can only imagine how music’s biggest stars must feel when they discover AI-generated versions of their voices, likenesses, and songwriting styles all over the web. 

Of course, as an AI reporter and musician, I can also embrace the exciting creative opportunities that will come from AI-generated music. For instance, Metro Boomin is an influential record producer who signed the open letter pushing back on AI-generated music, but also accidentally sampled an AI-generated song himself when creating a humorous Drake diss track called BBL Drizzy that quickly went viral over the past week. It’s easy to see the potential for new and unique AI-enabled music experiences. But even beyond the legalities around AI model training, I want to believe—and fervently hope—that there will always be a place for humans to not only write an original song that connects with an audience but make a living from doing so. 

Udio CEO Ding believes there will be. “People love their artists,” he said. “They are attached not only to the music, they also attach to the stories and personalities that are behind the music.” 

Strangely, I look back to that same 1991 Bob Dylan interview for sustenance. Yes, perhaps “the world don’t need any more songs.” But Dylan made sure to add a caveat: “Unless someone’s gonna come along with a pure heart and has something to say,” he explained. “That’s a different story.” 

Sharon Goldman [email protected]

Want to send thoughts or suggestions to Data Sheet? Drop a line here .

Today’s edition of Data Sheet was curated by David Meyer.

Microsoft pulls back in China. Microsoft has asked hundreds of its cloud and AI workers in China to consider relocation to the U.S., Ireland, Australia, or New Zealand, according to the Wall Street Journal , which chalks up the move to growing U.S.-China tensions over AI development. Potential new American rules could force Microsoft and its peers to get U.S. government permission before offering the use of advanced AI chips to Chinese customers through the cloud.

TikTok vs YouTube. TikTok, which launched with a maximum video length of just 15 seconds, is now testing the ability to upload hour-long videos, TechCrunch reports . This seems to be part of the contentious platform’s plan to attract videos from creators who ordinarily just upload their content to YouTube. These days, users can upload clips of up to three minutes. 

Microsoft AI panic. The European Commission has demanded information from Microsoft about the integration of generative AI into its Bing search engine, threatening fines if the company doesn’t cough up by May 27. According to Reuters , Microsoft didn’t respond to a request for information made on March 14. The EU’s executive body is worried about deepfakes and voter manipulation.

OpenAI data analysis. OpenAI is giving ChatGPT the ability to do things like merging and cleaning large datasets, and creating tables and interactive charts about that data, the company announced . Paying users will be able to add files straight from Google Drive and Microsoft OneDrive, and then let the AI analyze the data for them. This is a real shot across the bows of Google and perhaps even OpenAI’s big partner, Microsoft.

SIGNIFICANT FIGURES

—The increase in Microsoft’s carbon emissions since 2020, mostly thanks to the construction of new data centers to support its AI and cloud services. The Financial Times reports that this threatens Microsoft’s climate goals, which include becoming “carbon negative” by 2030.

IN CASE YOU MISSED IT

Senate AI group punts on regulation while urging the government to spend billions on the tech ASAP , by Sage Lazzaro

Sam Altman, leader of OpenAI and one of Reddit’s largest investors, is further aligning his interests with an alliance between the two , by Bloomberg

The dating app exodus: 4 reasons Gen Z and millennials are rebelling against Hinge, Tinder, and Bumble , by Sydney Lake

Sony lays down the gauntlet on AI, warning 700 companies against training algorithms on its music , by Bloomberg

Apple’s disastrous iPad ad mocked by rival Samsung in new 43-second spot: ‘We would never crush creativity’ , by Christiaan Hetzner

Spotify used this one word to justify a 50% cut in royalties, music creator lawsuit alleges , by Bloomberg

BEFORE YOU GO

The metaverse’s new clothes. Bloomberg reports that someone is suing Dolce & Gabbana and NFT marketplace UNXD for the alleged 97% devaluation of the expensive tokens they bought, so they could wear new virtual clothes in the metaverse. Everything about this story is hilarious: Somebody blew $6k on metaverse clothing NFTs; Dolce & Gabbana couldn’t deliver these very valuable pieces of air in time; and the buyer is mad that hardly anyone was in the metaverse to see what they bought.

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BlackRock’s COO on how the world’s largest asset manager is harnessing AI

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47 Ohio communities - and counting - are blocking recreational marijuana businesses before legal sales start: Capitol Letter

  • Published: May. 15, 2024, 8:00 a.m.

recreational marijuana

Bryce Tallitsch hangs up a sign for recreational marijuana at the NuLeaf dispensary, Friday, June 30, 2017, in Las Vegas. (AP Photo/John Locher) AP

  • Laura Hancock, cleveland.com

Rotunda Rumblings

Piping up: Forty-seven Ohio communities – and counting – have passed moratoriums banning recreational marijuana businesses within their boundaries, Laura Hancock reports . New research out of OSU shows that most of these communities didn’t allow medical marijuana businesses, either. The recreational law that state voters passed in November sets up a process for local governments to block a business that wins a marijuana license if the community doesn’t want weed. It also sets up a referendum process for the public to veto city hall.

Mask off: The first attempt by police to charge pro-Palestinian protesters under a 19th-century state law that makes it a felony to commit any crime while wearing a mask has failed. Andrew Tobias writes that a grand jury in Hamilton County on Monday ignored the felony charge filed by Xavier University police against two protesters arrested outside a university graduation venue last Saturday. Why? A spokesperson said it’s because the law requires the crime to be committed by three people wearing white masks, while the protesters were two people wearing blue masks. Attorney General Dave Yost, who floated the idea of using the little-known law last week, said he thinks prosecutors made the right decision. The two protesters still face misdemeanor trespassing charges.

Lunch money: A new federal program will help provide breakfast and lunch to low-income children while they’re out of school this summer. Jeremy Pelzer writes that the Summer EBT program, which is set to launch in Ohio and 35 other states this year, offers one-time payments of $120 to lower-income families with children ages 6 to 18. The idea is to help these families buy groceries in June, July and August, when schools don’t offer free or reduced-price breakfast or lunch. Earlier this month, the Ohio Controlling Board approved more than $102 million in federal money this fiscal year alone for Summer EBT benefits, plus another $3.5 million in administrative costs that will be covered by the state government.

Read more Ohio politics stories

  • Fighting fibroids: U.S. Rep. Shontel Brown kicks off crusade with personal tale
  • FirstEnergy says it has its integrity back. Yeah, right. So why keep its own bribery investigation secret? Today in Ohio
  • Taking a closer look at Mike DeWine’s call for investigation into state teachers pension board : Capitol Letter

Unfun mandates: Ohio’s U.S. Senators want the U.S. Environmental Protection Agency to bear Ohio communities’ financial constraints in mind while deciding how they should comply with Clean Water Act-mandated improvements to infrastructure like sewage and stormwater management systems, Sabrina Eaton reports . U.S. Sen. Sherrod Brown, a Cleveland Democrat, and JD Vance, a Cincinnati Republican, on Tuesday sent a letter asking the EPA office that oversees Ohio to “engage with communities to take a holistic approach in calculating an area’s financial capacity for CWA compliance as Ohio communities work to fulfill their unfunded federal mandate under the Act.”

Contraception rights: Three Ohio Democratic Congress members held a Tuesday press conference to call on Republicans who control the U.S. House of Representatives to approve “ Right to Contraception ” legislation that they support. The legislation – which passed the House of Representatives largely along party lines in 2022 when Democrats controlled the chamber - was introduced after the U.S. Supreme Court’s decision that overturned its Roe v. Wade abortion precedent. It would establish a right in federal law for individuals to access contraception and related information. “Why are they not putting people over politics and doing the right thing and making sure that their constituents have the right to contraception?” asked U.S. Rep. Emilia Sykes of Akron, who participated in the press conference with U.S. Rep. Joyce Beatty of Columbus and U.S. Rep. Greg Landsman of Cincinnati.

Not enough: Sen. Brown on Tuesday responded to the Biden administration’s announcement that it is maintaining or increasing 301 tariffs on products coming from China by saying he’d like it to go further and include a ban on Chinese electric vehicles. “While tariffs are needed to level the playing field for American workers, they are not enough to stop a flood of Chinese-government-subsidized products on their own,” said a statement from Brown. “That’s why the administration must ban Chinese electric vehicles and use every possible tool to stop China’s cheating.”

Free advice: Former Ohio Governor and GOP presidential candidate John Kasich on Monday urged President Joe Biden to use surrogates to get his message to the people instead of doing it himself. “He’s not a good communicator,” Kasich told CNBC . “He’s doing very poorly ... When you watch some of those interviews, it’s almost cringe worthy. I don’t like to say that about our president.” Kasich, who endorsed Biden in the last election, said the interviews end up emphasizing Biden’ age.

Nursing shortage: U.S. Rep. Dave Joyce, a South Russell Republican who co-chairs the Congressional Nursing Caucus, recently teamed up with Michigan Democrat Haley Stevens to introduce the “Stop Nurse Shortages Act.” It would create a $10 million yearly grant program to help nursing schools create, expand or support accelerated nursing degree programs. “At a time when our country faces a nursing workforce shortage, legislators on both sides of the aisle must come together,” said a statement from Joyce. “If we don’t, America’s patient population will pay the price.”

Lobbying Lineup

Five organizations that are lobbying on the bipartisan-sponsored House Bill 261 , which would allow emergency medical workers in the Ohio Public Employees Retirement System to receive benefits under special pension benefits reserved for public safety officers who don’t qualify for one of the state’s other retirement systems. The employer and employee contribution rates for this benefit are higher, which could mean more money in retirement. The bill is being considered in a House committee.

1. City of Cleveland

2. County Commissioners’ Association of Ohio

3. Cuyahoga County Mayors and City Managers Association

4. Ohio Fire Chiefs’ Association

5. Ohio Department of Commerce

Brentin Ungar, legislative aide to state Rep. Jim Thomas

Straight From The Source

You either speak with a Trump voice or you’re vaporized. In the Democratic Party, everybody gets a voice. You don’t always get your way, but you get a voice.”

Chris Gibbs, a former Shelby County Republican Party chairman who recently was elected chairman of the Shelby County Democratic Party, in an interview with the New York Times . The article profiles Gibbs’ political journal and his efforts to revive Democrats’ moribund political status in rural areas.

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Support Rutgers’ chief on deal with Gaza protesters | Letters

  • Updated: May. 17, 2024, 3:04 a.m. |
  • Published: May. 15, 2024, 5:41 p.m.

Star-Ledger letters to the editor

Star-Ledger letters to the editor

  • Letters to the Editor | The Star-Ledger

We write as Jewish academics to offer full support for the May 2 agreement reached by Rutgers University President Jonathan Holloway with the Gaza solidarity encampment on the New Brunswick campus.

The agreement , which brought the encampment to a peaceful end, makes a host of crucial commitments to the flourishing of Rutgers’ Palestinian, Arab and Muslim communities, including the founding of an Arab Cultural Center, the hiring of several professors with specialties in Middle Eastern studies, fellowship support for displaced students from Gaza, and the development of a possible student exchange program with Birzeit University in Palestine.

We reject utterly charges that these commitments are in any way harmful to Jews , at Rutgers or anywhere, and denounce calls for Holloway to rescind the agreement. All the items agreed to are firmly within the ambit of a public university’s mission: to provide curricular, social and cultural support for its student body.

Attempts to suggest that the agreement is antisemitic impose a tribalist vision on a diverse campus and nation.

The agreement includes a commitment to continue discussions on the demonstrators’ primary demand for university divestment from Israel. We have a variety of strong opinions on that demand, as well as on the protesters’ call for cutting ties with Tel Aviv University, which the university has not agreed to. We nonetheless affirm that it is absurd and dangerous to suggest that political demands like these should not be discussable at universities.

The negotiated agreement avoided the brutal confrontation with the police that we have seen unfold on other campuses across the country. Rutgers offers a different model, one that is in conformity with the fundamental mandate of the university: openness to dialogue and critical inquiry, the pursuit of knowledge, and mutual understanding. It also conforms to our commitments as Jews and as educators.

David Kurnick, associate professor of English Rutgers-New Brunswick; Judith Surkis, professor of history, Rutgers-New Brunswick; and Emily Marker, associate professor of history, Rutgers-Camden

Anti-Israel “cowards” hit all-time low

Cowardice has hit another a new low.

Anti-Israel protesters screamed “Baby Killers” at little Jewish kids outside their public elementary school in Woodstock, N.Y., according to a report that originated in the May 8 New York Post.

One mother of a student said that neighborhood residents — perhaps old hippies left over from the music festival — sided with the pro-Palestine demonstrators.

Until this, I thought the pro-Palestinian protest that took place days earlier at Auschwitz, the concentration camp site in Poland, was the low point. It was the same when a World War I memorial at 67th Street and Fifth Avenue in Manhattan was vandalized with the words “Gaza” and “Free Palestine” spray-painted on it.

Adam Sternglass, Elizabeth

Web of lies

Examples of skulduggery by politicians of all stripes who dominate TV news these days illustrate perfectly the expression made famous by the Scottish author and poet Sir Walter Scott :

“ O, what a tangled web we weave , when first we practice to deceive.”

Jim Joyce, Tinton Falls

Big fan of writer from Syria, Alabama

I enjoyed Karim Shamsi-Basha’s beautiful Mother’s Day story, “50 years later, I finally know why my mother laughed at the moon.” It was very touching, and brought back sweet memories of my own mom.

I have become a big fan of Karim’s writing, and look forward to his NJ Advance Media commentaries and always interesting perspective. To be honest, when I first was introduced to his work, I, perhaps mostly unconsciously, assumed that there was little opportunity for a guy from New Jersey like me to relate to someone like him, an immigrant from Syria who spent most of his professional life in Alabama.

He has taught me a valuable lesson about the things in life that are most important, that we all share, and the dangers of implicit bias. I will never pass premature judgement on a dude from Alabama again.

Rob Stoto, Hillsborough

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Analysis of real estate market in Moscow Oblast, Russia:

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Justice Alito Warns of Threats to Freedom of Speech and Religion

In a commencement ceremony at a Catholic university, the justice said that fundamental principles were in peril at universities and American society.

  • Share full article

Justice Samuel A. Alito Jr. in a black robe and a maroon tie.

By Adam Liptak

Justice Samuel A. Alito Jr. warned on Saturday that freedom of speech was under threat at universities and that freedom of religion was in peril in society at large.

“Troubled waters are slamming against some of our most fundamental principles,” he said.

He made his remarks at a commencement ceremony at the Franciscan University of Steubenville in Ohio, a Catholic institution.

“Support for freedom of speech is declining dangerously, especially where it should find deepest acceptance,” he said.

A university, he said, should be “a place for reasoned debate.” But he added that “today, very few colleges live up to that ideal.”

The same is true, he said, for tolerance of religious views in society generally.

“Freedom of religion is also imperiled,” he said. “When you venture out into the world, you may well find yourself in a job or a community or a social setting when you will be pressured to endorse ideas you don’t believe or to abandon core beliefs. It will be up to you to stand firm.”

In other settings , Justice Alito has given a specific example, complaining that people opposed to same-sex marriage on religious grounds are sometimes treated as bigots.

As the Supreme Court prepares to issue major decisions in the coming weeks, including ones on a criminal case against former President Donald J. Trump, abortion, gun rights and social media, members of its conservative majority have fanned out across the nation to offer varied takes on their work.

At a judicial conference on Friday in Alabama, Justice Clarence Thomas spoke bitterly about being subjected to what he called “the nastiness and the lies.” The justice has been criticized for receiving lavish gifts and for failing to recuse himself from cases arising from the Jan. 6, 2021, attack on the Capitol despite his wife’s efforts to overturn the 2020 election.

That same day, at a judicial conference in Texas, Justice Brett M. Kavanaugh struck a sunnier tone , speaking of his dedication to neutral principles and the court’s efforts to find consensus.

Those appearances were wide-ranging public conversations, while Justice Alito’s speech was brief and general. But it was laced with the justice’s characteristic pessimism.

“It’s rough out there,” he said. “And, in fact, I think it is rougher out there right now than it has been for quite some time.”

He received an extended standing ovation when a speaker introducing him noted that he had written the majority opinion in Dobbs v. Jackson Women’s Health Organization, the 2022 decision that overruled Roe v. Wade and eliminated the constitutional right to abortion it had established.

In his speech, Justice Alito said that respect for precedent, in law and life, was important.

“If you read almost any opinion issued by a court in this country, you will see that the text is full of citations to past court decisions,” he said. “Those decisions, which we call precedents, are given great respect. They are not written in stone. Sometimes they must be changed, but they are not to be lightly discarded.”

Adam Liptak covers the Supreme Court and writes Sidebar, a column on legal developments. A graduate of Yale Law School, he practiced law for 14 years before joining The Times in 2002. More about Adam Liptak

dateandtime.info: world clock

Current time by city

For example, New York

Current time by country

For example, Japan

Time difference

For example, London

For example, Dubai

Coordinates

For example, Hong Kong

For example, Delhi

For example, Sydney

Geographic coordinates of Elektrostal, Moscow Oblast, Russia

City coordinates

Coordinates of Elektrostal in decimal degrees

Coordinates of elektrostal in degrees and decimal minutes, utm coordinates of elektrostal, geographic coordinate systems.

WGS 84 coordinate reference system is the latest revision of the World Geodetic System, which is used in mapping and navigation, including GPS satellite navigation system (the Global Positioning System).

Geographic coordinates (latitude and longitude) define a position on the Earth’s surface. Coordinates are angular units. The canonical form of latitude and longitude representation uses degrees (°), minutes (′), and seconds (″). GPS systems widely use coordinates in degrees and decimal minutes, or in decimal degrees.

Latitude varies from −90° to 90°. The latitude of the Equator is 0°; the latitude of the South Pole is −90°; the latitude of the North Pole is 90°. Positive latitude values correspond to the geographic locations north of the Equator (abbrev. N). Negative latitude values correspond to the geographic locations south of the Equator (abbrev. S).

Longitude is counted from the prime meridian ( IERS Reference Meridian for WGS 84) and varies from −180° to 180°. Positive longitude values correspond to the geographic locations east of the prime meridian (abbrev. E). Negative longitude values correspond to the geographic locations west of the prime meridian (abbrev. W).

UTM or Universal Transverse Mercator coordinate system divides the Earth’s surface into 60 longitudinal zones. The coordinates of a location within each zone are defined as a planar coordinate pair related to the intersection of the equator and the zone’s central meridian, and measured in meters.

Elevation above sea level is a measure of a geographic location’s height. We are using the global digital elevation model GTOPO30 .

Elektrostal , Moscow Oblast, Russia

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  1. The Guide to Making and Accepting an Offer on a Home

    Write a personal letter. It's not recommended for every situation, but D'Arc says a personal letter to the seller can make an offer stand out, especially when the seller appears to have sentimental attachment to the property. Even if your offer price isn't the strongest, tugging on the seller's heartstrings can win you the deal, she says.

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    Keep it simple, and focus on three things: State your intentions, show that you have the financial means to make the purchase and make a personal appeal to the seller. Here's how to write a great house offer letter: Start with the details. Show you're serious. Introduce yourself. Flatter the home seller. Keep the letter short. Go the extra mile.

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    REAL ESTATE OFFER AND ACCEPTANCE CONTRACT Dated _____ OFFER The undersigned buyer(s), hereby makes an offer to purchase from seller(s), the Real Property situated in the County of State of including all improvements thereon, and legally described as follows: together with the personal property described below in Paragraph 13, if any. ...

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    Real Estate Offer Acceptance Letter. Due diligence is very important for the real estate offer-acceptance letter. The purpose of this letter is to include all the necessary conditions, which are crucial for the transaction between the buyer and seller. In the acceptance letter, the seller clarifies the main terms of transactions.

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    Here's a sample offer letter, plus some tips: 1. Make your opener as personal as possible. Get out your pen, yes, a pen (you want your letter to be authentic in every way) and a piece of good stationery. Before you get started, think about your tone. A house offer letter should be friendly and heartfelt. Think creatively about how you address ...

  6. 43 Offer To Purchase Real Estate Templates (& Letters)

    The real estate offer letter helps the seller establish an emotional connection with you as a potential buyer. You can accomplish this by sharing some personal thoughts about yourself and the reasons why you liked the property. This information makes you stand out from others, especially when the property has a lot of buyers.

  7. How to write a winning real estate offer letter [free template]

    One of the keys to writing a great real estate offer letter is to make a winning first impression. Here are the general steps to follow to write an offer letter to a seller. 1. Begin with a personalized greeting. Greet the seller by name instead of with a generic "Dear Seller.".

  8. Real Estate Offer Letter: The (ULTIMATE) Guide

    A real estate offer letter is a document that outlines the terms for a real estate purchase. The letter is typically put together by a buyer or their real estate agent. Its purpose is to give both the buyer and the seller a clear understanding of every part of a purchase agreement. They outline not just the asking price of a property, but also ...

  9. Offer to Purchase Real Estate

    An Offer to Purchase Real Estate works as follows: 1. Preparation and submission. The buyer prepares and signs the Offer to Purchase. Once the Offer to Purchase is completed, the buyer submits it to the seller or the seller's representative. 2. Review and negotiation.

  10. An Agent Guide to Writing a Home Offer Letter (+ Templates)

    A real estate home offer letter, sometimes referred to as a cover letter, is a written document submitted by a real estate agent on behalf of a potential buyer. This letter, which accompanies the formal purchase offer, expresses the buyer's interest in purchasing a specific property and helps the seller visualize the offer terms. The letter ...

  11. Writing a Perfect Real Estate Offer Letter (Free Templates)

    This sample real estate offer letter is a useful example due to its well-rounded approach: It begins with a direct address to the sellers, fostering a personal connection right from the start. The letter articulates genuine interest in the property, specifically praising its unique charm and features like the garden and natural light.

  12. Acceptance in Real Estate: Understanding the Importance of Approval in

    In real estate, acceptance is formalized through a binding signature of both parties and is official when both the buyer and seller have been notified of the completed transaction or property sale. ... Without acceptance, the offer made by the buyer is simply a proposal and is not enforceable by law. ... An acceptance letter is a good example ...

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    A real estate offer letter is a physical representation of a prospective buyer's intentions to buy a home. As its name suggests, a real estate offer letter is a letter (handwritten or typed) given to the property owner to inform them of a prospective purchase. Not only that, but a good real estate offer letter will (not surprisingly) present ...

  14. Forms of Acceptance in a Real Estate Transaction

    A written acceptance can originate only from a buyer or seller in a transaction, but can be conveyed through their representation (real estate agent or attorney). A written acceptance can be as formal as a letter stating that the buyer or seller will accept the terms outlined by the other party, or could be as simple as an email message ...

  15. What does "offer and acceptance" mean in real estate?

    Definition of Offer and Acceptance. Offer and acceptance are the key elements to a binding contract. Offer and acceptance occur when the seller accepts a buyer's offer on the home, usually by signing a Purchase and Sale Agreement already signed by the buyer. This concept is also known as mutual acceptance.

  16. Real Estate Offer Acceptance Letter

    This Real Estate Offer Acceptance Letter covers the most important topics that you are looking for and will help you to structure and communicate in a professional manner with those involved. REAL ESTATE OFFER AND ACCEPTANCE CONTRACT Dated OFFER hereby makes The undersigned buyer (s), an offer to purchase from seller (s), the Real Property ...

  17. Real estate transactions

    Wikborg Rein. Norway September 4 2015. The first step in a real estate transaction in Norway is usually an offer letter from the bidder setting out the main terms of the transaction. The seller ...

  18. Free Offer to Purchase Real Estate (Australia)

    An Offer to Purchase Real Estate works as follows: 1. Preparation and submission. The buyer prepares and signs the Offer to Purchase. Once the Offer to Purchase is completed, the buyer submits it to the seller or the seller's representative. 2. Review and negotiation.

  19. Real estate contracts

    Most properties in Western Australia are sold through an offer and acceptance process. A person makes a formal offer in writing to buy a property, and the seller, sometimes called the vendor, can either make a counter offer, reject the offer, or accept it and communicate that acceptance to the buyer.

  20. Analysts Offer Insights on Real Estate Companies: DigitalBridge Group

    Elme Communities (ELME) Truist Financial analyst Michael Lewis maintained a Hold rating on Elme Communities today and set a price target of $16.00.The company's shares closed last Tuesday at $15 ...

  21. Finance ministry letter contradicts NLA response over senior

    "There has been no official acceptance or approval granted," said a ministry letter obtained by The Sunday Gleaner. ... real estate, and construction. ... According to the agency, an offer was made and accepted by McPherson in August 2023. It explained that, because of the appeal, McPherson was employed on a one-year contract with "no ...

  22. Billionaire Frank McCourt Raises His Hand to Buy TikTok

    Real estate mogul Frank McCourt is the latest person to raise his hand to try to acquire TikTok's US business. McCourt said on Wednesday that he is assembling a group of specialists, including ...

  23. Luxury Real Estate Agents and Brokers in Russia

    Many times some particular luxury real estate agents in Elektrostal also choose to display only few important details requesting the potential luxury property buyer or investor to contact via email or phone. In both cases all the luxury real estate agents in Elektrostal do get healthy luxury leads from the Luxury Abode system.

  24. AI music may be having a moment, but human songwriters would like a

    Emerging AI tools from Udio, ElevenLabs, and OpenAI's Suno let people create new songs with simple prompts, while other AI products offer voice cloning to birth tunes like the viral "Heart on ...

  25. 47 Ohio communities

    U.S. Sen. Sherrod Brown, a Cleveland Democrat, and JD Vance, a Cincinnati Republican, on Tuesday sent a letter asking the EPA office that oversees Ohio to "engage with communities to take a ...

  26. Best 15 Real Estate Agents in Elektrostal', Moscow Oblast, Russia

    Real estate is a complex and continually changing business, and Elektrostal' agents and brokers are trained and educated in its many rules, regulations and standards. They have the inside scoop on different Elektrostal', Moscow Oblast, Russia neighborhoods and areas and know what constitutes a fair price in the market.

  27. Support Rutgers' chief on deal with Gaza protesters

    We write as Jewish academics to offer full support for the May 2 agreement reached by Rutgers University President Jonathan Holloway with the Gaza solidarity encampment on the New Brunswick campus ...

  28. Real estate in Elektrostal, Moscow Oblast, Russia

    RLT24 - information resource about Russian real estate. Real estate in Elektrostal, Moscow Oblast, Russia. Main Price analysis Advert: Русский(RU) Average apartments price in Russia Moscow : 4 234 $/m² ↓-1.96%: Saint Petersburg: 2 157 $/m² ↓-0. ...

  29. Justice Alito Warns of Threats to Freedom of Speech and Religion

    Justice Samuel A. Alito Jr. warned on Saturday that freedom of speech was under threat at universities and that freedom of religion was in peril in society at large. "Troubled waters are ...

  30. Geographic coordinates of Elektrostal, Moscow Oblast, Russia

    Geographic coordinates of Elektrostal, Moscow Oblast, Russia in WGS 84 coordinate system which is a standard in cartography, geodesy, and navigation, including Global Positioning System (GPS). Latitude of Elektrostal, longitude of Elektrostal, elevation above sea level of Elektrostal.