Missing out on a property that you have your heart set on can be a very disappointing experience. Quite often this happens because the offer process is misunderstood. When making an offer to purchase a property, it is important to be aware of the following:
You can make your offer conditional on certain terms (such as a dishwasher) being included or excluded from the contract. Any special conditions such as these must be written into the contract.
An offer is not legally binding on both parties until the buyer and the seller have signed a Contract of Sale and Section 32 with a deposit paid. A contract must contain details of the property, the price, deposit and settlement terms. Once the offer is made in writing, it is then up to the vendor whether or not to accept it.
Most importantly seek advice from someone who is not getting a financial benefit from your purchase.