Asked by Anonymous
Hello propertyguru, My partner and I found a resale property we really like. Seller accepted our offer but agent now say another buyer also interested. We haven’t exercised the OTP yet.
I thought once seller accept our offer , the unit is basically secured for us already? But agent say seller can still consider other offers until the next step is done.
i don’t want to rush and pay just because, but also don’t want to lose it because I misunderstood the process.
Before paying the option fee / exercising OTP, what should I confirm with the seller or agent?
I thought once seller accept our offer , the unit is basically secured for us already? But agent say seller can still consider other offers until the next step is done.
i don’t want to rush and pay just because, but also don’t want to lose it because I misunderstood the process.
Before paying the option fee / exercising OTP, what should I confirm with the seller or agent?