Page 36 - Real estate: a guide for buyers and sellers
P. 36
Real estate: A guide for buyers and sellers
When is it sold? BUYER’S TIP
The property is sold when both parties Deciding how much to offer is difficult.
have signed the contract. All parties who You need to consider whether to make
sign the contract must be given a copy. your best offer up front or offer a lower
price and negotiate upwards.
The sale is finalised at settlement when
all checks have been made, the title and If the seller receives multiple offers, they
transfer documents exchanged, and the may accept another offer without giving
balance of the purchase price paid. you the opportunity to increase yours.
If you are not confident negotiating
with the agent, you can use a buyer’s
advocate to bargain for you. You can
expect to be charged a fee for this service.
Insert in the contract a date that your
offer will lapse.
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