What Does Seller Countered Mean?

Home sellers make counteroffers when they're dissatisfied with a buyer's initial bid. Typically, a counteroffer states that the seller has accepted the buyer's offer subject to one or more changes.

What does it mean when a seller counters your offer?

A counteroffer is a response given to an initial offer. A counteroffer means the original offer was rejected and replaced with another one. The counteroffer gives the original offerer three options: accept the counteroffer, reject it, or make another offer.

What does it mean when an offer is countered?

A counteroffer functions as both a rejection of an offer to enter into a contract, as well as a new offer that materially changes the terms of the original offer. Because a counteroffer serves as a rejection, it completely voids the original offer. This means that the original offer can no longer be accepted.