Managing a multiple offer situation to get a seller the best outcome
Under South African property law and the mandate held by the estate agent, every formal written offer received must be presented to the seller, regardless of the price. An agent is not permitted to withhold any offer. The seller retains the right to accept, counter, or decline any offer as they see fit, but they must be informed of all of them.
Under South African property law and the mandate held by the estate agent, every formal written offer received must be presented to the seller, regardless of the price. An agent is not permitted to withhold any offer. The seller retains the right to accept, counter, or decline any offer as they see fit, but they must be informed of all of them.