Putting In An Offer

What is ‘putting in an offer’? 

"Putting in an offer" simply refers to making a formal proposal to buy a property at a specified price. This offer is submitted to either the seller or their agent. 

Can an agent disclose other offers that have been made? 

In some cases, agents may disclose the existence of other offers that have been made on the property to potential buyers. However, the specifics of these offers, such as the amount or terms, are generally kept confidential unless the seller authorises their disclosure. This practice helps create a fair and transparent negotiation process while respecting the privacy of all parties involved. 

What happens if your offer is rejected? 

If the seller rejects your offer, you may provide a counteroffer. Alternatively, they may choose not to negotiate further.