Federa offers is a streamlined process for creating and submitting real estate offers. This detailed guide will walk you through the entire process, from signing up to managing your offer.
When does the seller receive the contract?
Post compliance review.
Is there a deadline to submit offers?
Unless stated otherwise in the listing details, no.
How do I know my offer was sent to the counterparty?
Once an Offer status is "Open" this can be accessed and managed on the Offers page.
How does the cash back language get added to the buy/sell agreement?
Once the service level has been selected, it automatically populates the corresponding terms to the Federa buy/sell agreement. For example, if the service level is DIY, the terms added will reference the 2% cashback. When LIVE the terms will reference 1% cashback.
Can the 3% buyers agent commission be modified from the Federa Buy/Sell Agreement?
No. A Federa Buy/Sell Agreement cannot have the commission modified. If someone wants a custom amount they will need to do a Full-Service Offer and can use a custom contract.
Can SmartBuy Live or DIY be conducted with a custom contract?
No. To be able to provide the cashback we offer, its required to use a Federa Buy/Sell agreement.
What documents are attached to an offer?
An offer will need proof of financing and contract if "Contract type" is custom.
Are Offers available on mobile?
Yes!
Download the Federa Home App
For a better experience download the Federa Home app. Submit offers, manage your offers, and get real-time notifications.
We believe in transparency and aim to provide the best possible experience to our users. If you have any further questions, please don’t hesitate to contact our support team at support@federa.com or by submitting a ticket here.