When a seller responds to a buyer's offer with changes, what is this action called?

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When a seller responds to a buyer's offer with changes, this action is known as making a counteroffer. In real estate and contract law, when the original offer is modified in any way, it is deemed a counteroffer rather than an acceptance of the original terms. This means that the seller is not simply accepting the buyer's offer but instead proposing new terms for negotiation.

A counteroffer effectively rejects the original offer and puts forth new conditions that the seller is willing to agree to. This action is a crucial step in the negotiation process as it allows both parties to adjust terms and come to a mutually beneficial agreement. It is important to understand that the terms of the original offer are no longer valid once a counteroffer is made.

In this scenario, the seller is acting as the offeror who is responding to the potential buyer's offer, expressing their own conditions for the sale.

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