THE GUIDE TO SELLING YOUR HOME

Step 10 - Negotiating and Accepting an Offer

When choosing to sell your home by private treaty, buyers will submit offers to your agent. As the seller you may choose to accept the offer or negotiate with the buyer by way of a counter offer. Your agent will act as a 'go-between' until you reach an agreed price.

If the buyer successfully negotiates changes to the contract of sale, such as a change to the settlement period or the cooling off period, you will need to advise your solicitor so that the contract of sale can be altered to reflect the agreed changes.

Upon accepting an offer, your real estate agent will advise your solicitor/conveyancer of the selling price and purchasers details. They will enter the purchasers details into the contract and prepare it ready for you to sign.