How to write a real estate offer

Making an offer to buy, what does it commit you to?

When an individual sends a written purchase offer to a seller, this is binding on him in the event that his offer is accepted. However, French law imposes a withdrawal period of ten days during which the purchaser can withdraw without having to provide any explanation, after having signed a compromise or a promise of sale at his notary. In fact, a purchaser who sends a written purchase offer has the right to cancel it for a period of 10 days following the signing of the preliminary sales contract.

Tips for writing a real estate offer

Indicate your name, the date, a brief description of the property you wish to acquire, the date of the visit to this property, the price you want to offer and the validity date of your offer (approximately seven working days are sufficient). Optionally, you can indicate the financing conditions of the property.

The mention of the suspensive condition for obtaining credit is not necessary, as it will be automatically entered in the compromise or promise of sale. Unless you expressly decide not to do so. If you want to subject your purchase to suspensive conditions, it is important to indicate them in your purchase offer.

After the purchase offer has been sent?

When you reach an agreement with the seller, ask directly from the owner or the real estate agency that the seller countersign your purchase offer by preceding his signature with the following handwritten statement “Good for acceptance of the offer to purchase at the price of XXXX (in figures and letters). When the purchase offer is countersigned by a seller, the seller no longer has the possibility of selling his property to another purchaser, even if he offers him a higher sum. From a legal point of view, a countersigned offer is only valid if all the owners of the property have each countersigned it.