Although most people feel that purchasing a property offered for private sale is easier and less stressful than purchasing at auction - the opposite can be true.
A private sale property is generally advertised with an asking price and can be sold once an acceptable offer is made. Accordingly, there is potential for buyers to miss out on purchasing when they offer to pay less than the asking price.
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C+Weber has established procedures for handling offers from prospective purchasers correctly. Even so, it should be remembered that private sales often lack the transparency of an auction given that negotiations between the parties are not conducted publicly.
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When buying at Private Sale - do your homework, establish the price you are prepared to pay, then ask that your offer be properly documented in the form of a Contract Note or Contract of Sale for the selling agent to present to the vendor.
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