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Property Offers

Whether you're buying, selling, or renting - an offer is essentially a formal proposal made by a potential buyer or tenant to secure a property, usually at a specific price and under certain conditions. Here's how it works in both sales and lettings:

🏠 Property Offers in Sales

When someone wants to buy a property:

  • They submit an offer to the seller (usually through the estate agent).

  • The offer includes the price they’re willing to pay and sometimes conditions (e.g. subject to survey, mortgage approval, or sale of their own home).

  • The seller can accept, reject, or negotiate the offer.

  • Once accepted, it becomes the basis for the legal process (conveyancing), but it’s not legally binding until contracts are exchanged.

💡 Example: A buyer offers £270,000 for a cottage in Cholsey listed at £280,000. The seller might accept if they’re keen to move quickly.


🏡 Property Offers in Lettings

When someone wants to rent a property:

  • They make an offer to the landlord or letting agent, usually including:

    • The monthly rent they’re willing to pay.

    • The move-in date.

    • Any special requests (e.g. pets, furnishing).

  • The landlord can accept, counter, or decline.

  • Once accepted, referencing and tenancy agreements follow.

💡 Example: A tenant offers £1,100/month for a 2-bed flat in Glasgow, with a request to move in early and keep a small dog.


The Offers made tab displays a grid of Offers made against a specific Property.

Property Offers.png

For each Offer the following information will be displayed:

  • Offer Date

  • Amount

  • Contact

  • Status


Details

When you go to make a Property Offer you will see the “Details” tab first.

This is the information you need to make a relevant Offer for the property.

image-20240625-132503.png


 The System Info tab

All Offers related to the Contact and Property are stored.

  • ID - a unique system ID is automatically assigned to the Offer.

  • Added By - the User that added the Offer.

  • Date Updated - the date is stored when the Offer is changed.

  • Status Changed - the date is store when the Status is changed.


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