f o r  t h e  p r o p e r t y  b u y e r

Responses to Your Offer

You will usually make your offer through the estate agents marketing the property you intend to purchase.

The seller can respond to your offer in one of three ways:

They can unconditionally accept your offer as it is and confirm their acceptance via the estate agents . Once you’re informed of the seller’s acceptance, you may then request that the seller removes the property from all the "market places" where it is being offered and the property is then considered "sold subject to contract" by all agencies involved in the sale whilst the transaction proceeds to completion.

They can reject your offer, which means you can no longer be held to it.

They can make a counter-offer with changes to certain conditions such as the price, completion or repairs, for example. You can either accept their counter-offer or make a counter-offer of your own, to which the seller can make another counter-offer. This can go on until both parties agree on the terms of the sale which may then proceed to exchange of contracts and completion in the usual way.