I’m really interested to know how you put forward offers to purchase a property. I’ve noticed different agents request different methods and wondering if there is a benefit or disadvantage to any method, or if it really doesn’t matter that much.
I’m keen to hear; Do you Email an offer, use an expression of interest form, request the paperwork from the real estate agent, do what ever the real estate asks or do you use an entirely different method to initiate the offer to buy?Hi Maya,
I am sure this is different state to state. What state are you looking at to buy?Benny
Thank you for your reply. I’m currently looking in Qld, but interested in any area of Aus.
In Qld it is normal to accept an pre-offer letter i.e email with a note of your terms and conditions.
The Selling Agent can discuss this with the Vendor and if agreement is reached those terms can be put in the Contract of Sale.
Fairly standard and the way we make all of our offers for our BA Clients.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Hi @maya
As Richard has mentioned, an email is pretty normal and accepted. Some agents may try to force you to put your offer in on a contract. Be aware that in doing so you’ve signed a contract without having your solicitor/conveyancer check it first, which could be dicey move for you.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
Generally I put it in as an email with the offer form, with all T&C’s completed. I always put in an expiry date (48-72 hours), so it puts pressure on the sales agent to have it reviewed and get back, instead of shopping the offer around to other buyers to see if someone will outbid you.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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