Offer and Acceptance

Purpose

This procedure applies to all private treaty property sales.

When the seller accepts an offer, you need to treat the property as if it is off the market. Inform all

stakeholders so that they do not take any further action towards the property sale. If you fail to do this, you could cause inconvenience and annoyance. Clients who experience this may not want to do further business with you.

Procedure

Sales Consultant

• Completes sends an email to all staff advising that the property is sold.
• Sales person provides sales administration with the signed contract and vendor statement      together with the purchasers details and their legal representatives details

Sales Administrator

Prepares letters to;

• The seller
• The seller’s solicitor
• The buyer
• The buyer’s solicitor
• Ensure that there are copies of all letters kept in the sale file
• Sends the letters by post or fax or delivers them
• Files copies of the letters in the sales master file
• Updates the Sales summary checklist