Subject Sale Offers

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What is involved in accepting a Subject Sale Offer on your property? If a Subject Sale Offer is presented to you on your property, a number of factors should be considered before accepting or not –

a) Is the property to be sold, well priced and marketed by your Real Estate Agent, or an Agent that will enable the best chance of a successful sale occurring.                                                                                                                                                                                                                                    b) What time frame are you allowing the buyers to receive and accept and offer on their property.                                                                              c) Is the buyer requesting a “grace period” of time to sell their property while removing your property off market.                                                    d) What other conditions are on the Subject Sale Offer.                                                                                                                                                            e) Has a “2 day business clause” been included as part of the Subject Sale Offer. If so, this would enable you to keep marketing your property during the agreed time frame in order to receive a cash or finance offer.

The above factors should be discussed with your Agent and understood, before accepting a Subject Sale Offer.

If you would like to discuss the above, or require an up to date Appraisal of your property, please contact Scaffidi Real Estate at your convenience.