The Buyer's Guide to Sale and Negotiation
What does 'by negotiation' mean?
Selling by negotiation allows a client to list their property either with;
- Only one agent (sole agency).
- Several agents (general agency).
The property will then be placed on the market with an asking price, or "by negotiation" with no fixed asking figure.
Offers are invited from customers who have inspected the property.
Making an offer
There are two types of offers:
- Conditional - having one or more conditions to be met within a specified period (e.g. subject to a building inspection)
Your salesperson will guide you through the process of submitting your offer in writing, paying the deposit and settlement/possession dates.