This process usually begins with verbal offers but we highly recommend that you encourage potential buyers to make all offers in writing. When a price and conditions are finally agreed on by both you and the purchaser, the offer must be made in writing and any amendments need to be made to the Contract of Sale.
Offers to purchase a property can be conditional or unconditional. A conditional offer is one that is subject to conditions that need to be met in order for the sale of the property to be finalised. If these conditions are not met within the pre-arranged time, then the offer is void. Both buyers and sellers may have specific conditions they would like to impose on the sale.
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These 8 steps are relevant to all property owners wanting to sell their property, regardless of whether they are selling privately or through a real estate agent. The success of the sale of a property is dependent on how well each of the 8 steps are performed. Once you have read and understood each step start planning how you will undertake each of them in the selling process.
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20.01.08 // Posted in Advertising & Marketing, How to Guide, Property Preparation & Pricing, Selling Tips // Comments Off
Tags: Advertising & Marketing, colling off period, deposit, exchange of contract, legal obligations, negotiating the sale, property appraisal, property preparation, Property Pricing, real estate, settlement, steps to selling
