Receiving and making counter offers

At some stage of the sale process, you will hopefully receive one or more offers for your property. You have a number of options to consider.

Summary of important things to know
  • The offer process will vary depending on the method of sale you have chosen.

  • An offer will be presented in writing on a sale and purchase agreement.

  • Make sure you read and understand the agreement before signing it. We recommend you ask your lawyer or conveyancer to check the agreement before you sign it.

  • You don’t need to accept the first or any offer made on your property.

  • The buyer may add conditions to their offer, and you can add conditions too. You can negotiate the conditions.

  • Unless you are selling privately, all negotiation with the buyer is through your agent.

  • If your agent or someone they know makes an offer on your property, this is a conflict of interest. To proceed, your agent must get your written consent and provide you with an independent valuation.


IMAGE: Tender

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