Who signs a counteroffer under typical practice?

Who signs a counteroffer under typical practice?

• A. The seller
• B. The offeree (usually the seller)
• C. The buyer
• D. The broker

Answer: (B)

Counteroffers are created by the party who receives the original offer—the offeree. Signing a counteroffer signals that this party is proposing new terms and is rejecting the previous offer. In a typical real estate scenario, the buyer makes the initial offer to the seller; the seller is the offeree. If the seller wants different terms, they draft and sign a counteroffer, which becomes the new offer for the other party to accept or reject. The broker facilitates the process, but the actual counteroffer is signed by the offeree who is proposing the new terms.

Counteroffers are created by the party who receives the original offer—the offeree. Signing a counteroffer signals that this party is proposing new terms and is rejecting the previous offer. In a typical real estate scenario, the buyer makes the initial offer to the seller; the seller is the offeree. If the seller wants different terms, they draft and sign a counteroffer, which becomes the new offer for the other party to accept or reject. The broker facilitates the process, but the actual counteroffer is signed by the offeree who is proposing the new terms.