4 of 5, Selling

Dealing with Offers

Once offers start coming in, this is what to expect, and where real negotiation actually happens.

How offers get presented

Your agent is required to present every genuine written offer to you, clearly setting out price, conditions and proposed settlement date, they can’t withhold an offer or misrepresent competing interest that doesn’t exist. Look at the whole picture, not just the headline price: an offer with fewer conditions and a settlement date that suits you can sometimes be worth more in practice than a higher offer with more attached to it.

Counter-offers and negotiation

You’re not obliged to accept the first offer, or any offer, you can negotiate, counter, decline, or wait for further interest. Your agent relays counter-offers back and forth and can advise on what’s realistic given current buyer interest, but the decision is entirely yours.

Reviewing conditions, not just price

Common conditions include finance approval, a satisfactory building report, and sometimes a LIM. Your lawyer will explain what each condition in a specific offer means and the timeframe attached, which is worth a proper conversation rather than skimming.

Completing the sale

Once all conditions are satisfied, the agreement becomes unconditional. From there, your lawyer prepares for settlement while you focus on the practical side, organising your own move, arranging for final meter readings, and making sure any agreed chattels are left in place.

FAQ

Frequently asked questions

No, you can weigh up conditions and settlement date alongside price, and choose whichever offer actually suits you best. Nothing is binding until you’ve signed.

Yes, conditions, settlement date and price can all be negotiated together. Your agent relays counter-offers and can advise on what’s realistic, but the decision is yours.

Focus on your own move, final meter readings, making sure agreed chattels are left in place, and coordinating with your lawyer on the settlement date, while they handle the legal and financial side.

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