In NSW if an offer is submitted to an agent, the agent has a legal responsibility to pass that offer on to the vendor. I have just made a verbal offer to an agent in Qld. Are Qld agents required to submit verbal offers to vendors? Thanks in anticipation.
I don't know the legal answer, but why not just put in a contract. That is a real offer that can be signed and sealed with the addition of the vendor's signature. A verbal offer is not worth the paper it is (not) written on.
Agree with Wylie - out it on paper. I don't recall a client ever having a verbal offer accepted on a QLD purchase. You can list conditions (subject to finance, building and pest inspections, etc) to mitigate risk. Cheers Jamie
I would never take a verbal offer to a vendor. Sign a Contract and lay out the terms and conditions or don't bother. Cheers Richard
When we bought in q'land in 2002-2003 we only made verbal offers and signed once agreed . Been buying again since 2013 and every one wants written offers , so written offers . At least your agent is talking to you . We're wanting to make an offer on a property and so far one week after we asked for a copy of the contract they haven't got back to us . Could be part of the reason why it's been on the market for over six months. Cliff
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