What are the questions a prospective buyer have to answer when making an offer?

The article explores the standard set of buyer questions that differ by state and explains how agents can customise them.

What are the default questions for each state?

 

New South Wales

 

VOI Documents

None

Deposit Details

Deposit Amount (percentage/dollar) - Default 10%

Settlement Details

Preferred settlement period - Default 42 days

Offer Questions

Do you have finance ready?

Any additional conditions (free text)

Reports

None

 

Victoria

 

VOI Documents

None

Deposit Details

Deposit Amount (percentage/dollar) - Default 10%

Settlement Details

Preferred settlement period - Default 42 days

Offer Questions

Have you personally inspected the property?

Have you received a copy of the contract?

Do you have finance ready?

Any additional conditions (free text)

Reports

None

 

South Australia

 

VOI Documents

None

Deposit Details

None

Settlement Details

Preferred settlement period - Default 30 days

Offer Questions

Please enter the deposit amount ($)

Have you personally inspected the property?

Is your offer subject to finance?

Do you have finance ready?

What is your borrowing amount?

Do you require a further inspection of the property?

Do you have a property to sell in order to complete this purchase?

Any additional conditions (free text)

Reports

None

 

Queensland

 

VOI Documents

None

Deposit Details

Initial Deposit (percentage/dollar) - Default 0.25%

Total Deposit (percentage/dollar) - Default 10%

Settlement Details

Preferred settlement period - Default 30 days

Offer Questions

Have you personally inspected the property?

Is your offer subject to finance?

Do you have finance ready?

Do you require a further inspection of the property?

Do you have a property to sell in order to complete this purchase?

Would you like a free property appraisal of your home or investment property?

Do you currently have offers on other properties?

Any additional conditions (free text)

Reports

None

 

Western Australia

 

VOI Documents

None

Deposit Details

Initial Deposit (percentage/dollar) - Default 0.25%

Total Deposit (percentage/dollar) - Default 10%

Settlement Details

Preferred settlement period - Default 42 days

Offer Questions

Have you personally inspected the property?

Is your offer subject to finance?

Do you have finance ready?

What is your borrowing amount

Do you require a further inspection of the property?

Do you have a property to sell in order to complete this purchase?

Any additional conditions (free text)

Reports

None

 

Australian Capital Territory (ACT)

 

VOI Documents

None

Deposit Details

Deposit Amount (percentage/dollar) - Default 10%

Settlement Details

Preferred settlement period - Default 30 days

Offer Details

Have you personally inspected the property?

Have you received a copy of the contract?

Have you had the contract of sale reviewed?

Do you have finance ready?

Any additional conditions (free text)

Reports

None

 

Default / Northern Territory / Tasmania

 

VOI Documents

None

Deposit Details

Initial Deposit (percentage/dollar) - Default 0.25%

Total Deposit (percentage/dollar) - Default 10%

Settlement Details

Preferred settlement period - Default 30 days

Offer Details

Any additional conditions (free text)

Reports

None

 

How Can Agents Customise Their Questions?

Agents can customise the questions for their office by sending an email to support at support@realtair.com.