Offer letter for houses

doom

Hi all,
Does anyone know if, when you are selling a house, the estate agent will send a letter to you when they have received an offer on your property?

If anyone has one of these letters, what sort of wording was used, and was it a very brief letter?

Many thanks if anyone can help....

:beer:

dubsey

We've moved to four different properties and used three different EA but have never had a letter in the first instance always a phone call. Then once the offer was accepted we had a formal letter.

princessflea

I work for an Estate Agent and we always notify the vendor of an offer, first by telephone then by letter. It would depend on the Estate Agent involved but you can always request they do this and if they don't then you could go somewhere that will.:D

LizzieandThomas

Yes, i got letters from ea on my offers - just a brief letter with offer amount then asks to contact the office if not already disscused with them x

PasturesNew

I got a telephone call making the offer. I turned quite a few down. I then received a letter for each offer, even if I'd turned the offer down already.

cattie

I've bought & sold quite a few times in London & offers have been made via phone & a confirmation letter sent from ea only when I have accepted an offer.

theGrinch

it varies from EA to EA. usually, its a very brief letter of a paragraph or two. if you ask the agent to put offers in writing I am sure they will.

no1gymbunny

Under one of the sections (21 I think!!) of the Estate Agents Act 1979 the EA is required to document every offer in writing within 24 hours - where accepted or not. A copy for the vendor and one for the potential purchaser.

bigjoe

doom wrote: »

Hi all,
Does anyone know if, when you are selling a house, the estate agent will send a letter to you when they have received an offer on your property?

If anyone has one of these letters, what sort of wording was used, and was it a very brief letter?

Many thanks if anyone can help....

:beer:

EAs are legally obliged to inform you of all offers - and I suppose putting each offer in writing covers them whereas a telephone call can be misunderstood or forgotten.

Why what's the problem here?

Debt_Free_Chick

no1gymbunny wrote: »

Under one of the sections (21 I think!!) of the Estate Agents Act 1979 the EA is required to document every offer in writing within 24 hours - where accepted or not. A copy for the vendor and one for the potential purchaser.

Interesting.... I last bought a house in 2003. Once the offer was accepted, I was sent a document headed Terms of Sale. This had the buyer's (mine) address and seller's address, for correspondence; the address of the property being bought; our respective solicitor's addresses and the agreed price. Or, at least, my offer which had been accepted.

As a seller ... yes, I think I had a phonecall, but my EA at that time didn't send me anything like the document I had when I was buying.

I still have that document now. It's been useful when I've wanted to send mail onto the seller Especially all those letters from a Spanish Bank :eek:

Jorgan_2

no1gymbunny wrote: »

Under one of the sections (21 I think!!) of the Estate Agents Act 1979 the EA is required to document every offer in writing within 24 hours - where accepted or not. A copy for the vendor and one for the potential purchaser.

There isn't an actual timescale, the law says that an offer has to be put to the vendor as soon as possible. A letter only has to go to the vendor, but it is good practice to write to the seller as well. If an offer is accepted straight away & you have the solicitor details of both parties, the sales memorandum that is issued can replace the offer letter.

The offer letters we send out state the name & position of the person making the offer, how much has been offered and whether the offer has been rejected, accepted or under consideration.