Offer Process
We understand how difficult it can be to form a solid understanding of the offer process, due to the inconsistencies in the way different companies operate. We are proud to say that we at Independent Estate Agents have consistent and reliable procedures around the handling of offers and one of two processes will be followed, depending on the circumstances as detailed below.
Making an offer
In order to make a written offer on a particular property we require the following
-
Full names (of all parties who are to appear on the contract)
-
All parties whose name/s or business that will be on the contract mobile numbers and individual email address/s
-
Current address
-
Offer price
-
Deposit amount (Generally this is 10%)
-
We also require an immediate initial deposit being 0.2% of the offer price (This amount forms part of your 10% deposit that you will be required to pay within 2 weeks of your offer being accepted. Should your offer not be accepted this is refunded back to you.
-
Settlement date (Generally 30, 60, 90 or 120 days)
-
Conditions of your offer ( e.g. subject to finance being approved, subject to a building or pest inspection, etc.)
-
Solicitor Details: Company name who your contact person is and mobile numbers and email address
​
Once we have these details we will promptly formalise your offer and you will be required to sign a contract of sale and a Section 32 document. Once all documents have been signed we will present your offer to our vendors for their consideration.
​