Multiple Offer Process
We the above mentioned wish to submit an offer to purchase the above property. It is to be understood that:
1. Other purchases may also submit offers to purchase the property. The vendor may elect to accept an offer at any time however, the agent will endeavour to contact all purchasers who have submitted a written offer to purchase the property.
2. We want you to have every opportunity to put in your best offer and we understand this can be a stressful time. Your offer should be as simple and as strong as possible. When submitting your offer, you should make your highest and best offer, as you may not have the opportunity to make a further offer. There have been many instances where purchasers have been unsuccessful by as little as $100 or after the property sold, the losing purchaser has regretted not making a higher offer.
3. It is our policy that the details of any offer will not be revealed to another purchaser to protect the confidentiality of each offer and give each purchaser an equal opportunity.
4. You should endeavour to make your offer unconditional. The vendor may choose an unconditional offer, even at a lower price.
5. When we are presenting the offer, it is important you are available to be contacted by telephone at the phone numbers provided in case the Vendor wishes to clarify the terms and conditions of your offer. Should this be required you will be contacted by the listing agent. If you cannot be contacted, the Vendor may elect to accept another offer without further discussion with you.
6. Ultimately it is the Vendors decision as to which offer they wish to accept and at their discretion may alter this multiple offer procedure. The sale price and reasons for accepting a particular offer may not necessarily be given.
This offer will not become binding until a formal contract has been prepared and signed by all parties.