Negotiation and Settlement Explained

Your Guide to the Final Steps of Selling Your Silverdale Property

After marketing your home and attracting serious buyers, the negotiation and settlement stages determine the final outcome. Understanding this process helps you stay confident and make the best decisions when offers come in.

The Negotiation Stage

Receiving an Offer
Your sales consultant will present all written offers, explain the key terms, and provide comparable sales so you can evaluate each proposal clearly.

Considering the Details
Price is important, but also look closely at:

• Conditions such as finance approval, building inspections, or LIM reports
• Settlement date and any special requests from the buyer
• The size of the deposit and the timeframe for payment

Counteroffers and Multiple Offers
If you wish to adjust the price or terms, your agent will draft a counteroffer and manage communication with the buyer. When there are several offers, we guide you through the process to ensure fairness and maximise your result.

Agreement Reached
Once both parties sign the Sale and Purchase Agreement, the buyer works to satisfy any conditions by the agreed deadlines. We stay in contact to monitor progress and keep you informed.

From Conditional to Unconditional

When all conditions are met, the agreement becomes unconditional. At this point the buyer’s deposit is held in our trust account and the property is officially sold. You can then prepare for the final stage—settlement.

Understanding Settlement

Pre-Settlement Inspection
The buyer is entitled to inspect the property, usually a few days before settlement, to ensure it is in the same condition as when the agreement was signed.

Transfer of Funds and Title
On the agreed settlement date, the buyer’s solicitor transfers the balance of the purchase price to your solicitor’s trust account. Your solicitor then arranges for the legal transfer of the property title.

Handover
Keys are released once funds are confirmed. Make sure the property is clean, with all chattels and fixtures included in the agreement left in place.

Tips for a Smooth Process

• Choose an experienced real estate lawyer early to handle paperwork and advise on timing
• Keep records of any agreed repairs or inclusions to avoid last-minute disputes
• Plan your own move-out schedule to meet the settlement date comfortably
• Maintain open communication with your Ray White Silverdale sales consultant throughout

How We Support You

The team at Ray White Silverdale manages every detail, from presenting offers to coordinating with solicitors and keeping you updated at each step. Our goal is to protect your interests and achieve the best possible outcome.

Ready to Sell with Confidence

Understanding negotiation and settlement gives you the clarity to move forward without stress.
Call +64 (9) 309 6868, email , or request a free property appraisal to start your selling journey today.