Understanding the Offer Review Process
How your broker presents offers and guides your response during the selling process.
⚠️ The offer review and acceptance process is managed by your assigned licensed broker, not OnMLS. OnMLS is a technology platform only and does not review, evaluate, or advise on offers.
Offers on your property are submitted to your assigned licensed broker by buyers' agents. Your broker presents offer details to you through your OnMLS dashboard, including price, contingencies, financing type, and closing timeline.
Key factors to consider beyond price: financing type (cash vs. mortgage), contingencies (inspection, financing, appraisal), proposed closing date, and any personal property included or excluded. Discuss these factors with your licensed broker before responding.
To respond to an offer — accept, reject, or counter — communicate your decision to your broker through your dashboard. Your assigned broker handles the formal response and all negotiation communications on your behalf.
Once you accept an offer, your broker updates the listing status on the MLS and coordinates next steps. Contact your broker directly with any questions about the transaction.
Brokerage services provided by your assigned licensed broker, a licensed brokerage. OnMLS is a technology platform that facilitates MLS listings through our licensed brokerage partner. Buyer-agent commission is separate, optional, and negotiable.
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