PDQ News

Published on January 29th, 2016

Property Pep Talk – Seller Tips (2)

Useful ideas, hints and reminders for people selling, buying and investing in property.

Sale by Private Treaty

Private Treaty is the most common way to sell a home:
  • You agree on an asking price for your home.
  • Your home is then advertised for a period of time, or until it’s sold.
  • Prospective buyers will submit an offer, which will be negotiated by your agent, on your behalf.
  • A sales contract is signed, which has a cooling-off period which allows the buyer to withdraw from the contract.
  • Settlement date is agreed and the property is sold.
Selling your home by private treaty can take a little longer than other methods, but you’ll have more time to consider offers and negotiate for the highest possible price.

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