FAQs

Once an offer is submitted, the Seller will have the option to accept, decline, or counter the offer. An offer, or counter-offer, will expire if no action is taken within 72 hours of when it is placed. The negotiation will continue until the original offer is accepted by the Seller or any subsequent counter-offer is accepted either by Buyer or Seller.

Below are the steps that follow once an offer or counter-offer is accepted:

1. A PSL Source agent will contact both Buyer and Seller to verify account standing & secure contracts.
2. The full purchase amount will be secured from the Buyer.
3. PSL Source will request, or will assist in the request, of the necessary PSL transfer forms from the Team.
4. If the team transfer period is open, PSL Source will begin the execution of the transfer.
5. If the team transfer period is not open, PSL Source will hold the Buyer’s payment in trust until the transfer period opens again. At that time, the transfer will be executed.
6. Finally, the appropriate paperwork will be issued to the new owner, and funds will be released to the Seller