Making an offer

Discussion in 'The Buying & Selling Process' started by PPI, 20th Oct, 2017.

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  1. PPI

    PPI Member

    Joined:
    19th Jan, 2017
    Posts:
    8
    Location:
    Sydney
    Hi All,

    I was hoping to get an idea on how others place offers and if you often submit multiple offers on different properties to see which ones are approved or declined.

    To date I have been working on submitting an offer waiting to get approved or declined then moving on the next but I have found that I am missing out on other houses that I find at the same time.

    If you place an offer on two house and both get approved can you knock back the approved offer?

    Thanks for your help!
     
    PPI, 20th Oct, 2017
    #1
  2. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,058
    Location:
    Vaucluse, Sydney.
    You can make offers a day or two apart with 24 hour expiring times. You can also have 'subject to B&P' etc.
     
    Sackie, 20th Oct, 2017
    #2
  3. Otie

    Otie Well-Known Member

    Joined:
    26th Mar, 2016
    Posts:
    1,404
    Location:
    Vic
    You can make an offer on two properties, but cool off on the one you don't want.
    I would put a time frame on your offer expiry. Instead of the "X" amount of days, I put until 5pm today. Then your not waiting around sweating it.
     
    Otie, 20th Oct, 2017
    #3
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