The sale method affects when you need to be ready and how you put your offer forward. Ask the listing salesperson for the process and documents early, then work with your lawyer and lender on the terms you can confidently accept.
For a negotiated sale, discuss price, settlement, deposit and any conditions with your advisers before submitting an offer. A deadline or tender adds a stated submission process and time. Confirm where the offer must go, whether the seller may consider earlier offers and what happens after submission. Do not assume every campaign follows identical terms.
Conditions need to match your circumstances and the property. Have your lawyer advise on their wording and timeframes, including finance and any investigation you still need. Read the sale and purchase agreement guide alongside that advice. Settled’s offer guidance explains the different methods and multi-offer situations.
An auction purchase is unconditional. Complete the research and obtain the property-specific finance and legal advice you need before bidding. Ask for the auction terms, deposit requirement, settlement date and registration arrangements. Any proposed change to the standard terms needs to be agreed beforehand; discuss it with your lawyer and the agent.
Register your interest so the agent knows you want updates about the campaign, including a possible pre-auction offer. Set your own bidding limit and know how you will pay the required deposit if successful. Attending another auction as an observer can help you understand the pace. Read the full auction guidance before participating.
Ask the agent to explain the multi-offer process and the opportunity to put forward your offer. Decide the price and terms you are comfortable with, rather than guessing what another buyer may do. Your lawyer can help you understand the commitment you are making.
Keep track of agreed deadlines with your lawyer and lender. Arrange the pre-settlement inspection through the salesperson, check the property against the agreement and raise any issue with your lawyer promptly. Confirm insurance, funds, utilities and moving arrangements before settlement. Keys are released when settlement is confirmed, so allow flexibility in your moving plan.
See upcoming auctions or call 04 296 6900 to discuss a particular property with its salesperson.