Making an offer

If you’ve arranged a conditional pre-approved home loan with a bank or another lender and you’ve found a home to buy, you’ll need to confirm the loan before your offer goes unconditional.

Read more about Confirming your finances

A sale and purchase agreement is a legally binding contract between you and the seller.

Read more about Understanding the sale and purchase agreement when buying

A property auction is a fast-paced, public sale. The property is sold to the buyer with the highest bid after the seller’s reserve price is reached.

Read more about Buying by auction

When a property is for sale by tender, buyers give confidential written offers to the agent before a specified end date.

Read more about Buying by tender

Deadline sale is where a property is marketed for a set period with an advertised end date.

Read more about Buying by deadline

In this sale method, there is no end date for offers, and potential purchasers make offers based on what they think the property is worth in the current market.

Read more about Buying by negotiation

A multi-offer process happens when more than one buyer makes a written offer on a property.

Read more about Understanding a multi-offer process