We help our clients create wealth through property management. Contact your local Elders Real Estate property manager to understand your property's investment potential and how we can help you secure the best possible return.
A letter of offer is a written, non-binding expression of a buyer’s intent to purchase a property under specific terms. It allows the buyer and seller to clearly understand the proposed terms before a formal contract of sale is prepared. Once the seller accepts the terms outlined in the letter of offer, the agent or conveyancer uses this information to draft a legally binding contract, which must then be reviewed and signed by both parties for the sale to proceed.