You’ve received a first contact from a buyer which is very exciting! However, also crucial to be cautious and go through the necessary security steps. When someone messages you, they are required to submit their prequalification letter and a photo of their ID, and a selfie holding this ID. Make sure to review each of these to ensure the names match up and if you’d like, even contact the lender on the prequalification letter to verify that the prequalification letter is valid and up to date. It is always a good idea to do this on any offer you are negotiating with. Proof of funds if it is a cash buyer will also be required and highly recommended to make sure that the name on the account matches the buyer that is contacting you. Once you approve, the communication will open and both parties will have each others contact information to answer questions, schedule showings, and hopefully begin negotiations for an offer!
