I've seen a piece of land that I might want to buy. It is up for sale by private treaty. Can somebody explain how this works please? Is it a kind of auction? Would I need to offer more than the guide price in order to be in with a chance of winning? Will I get the opportunity to increase my written offer if somebody offers more than I do? Any advice would be appreciated.
Lindsay
How does a sale by Private Treaty work?
Re: How does a sale by Private Treaty work?
Sale by private treaty is the absolutely normal way of doing such things - so normal, in fact, that most people don't bother to say it. So no, it isn't an auction - you just put in an offer in the usual way.
Mike
Mike
The secret of life is to aim below the head (With thanks to MMM)
Re: How does a sale by Private Treaty work?
Oh right. That's good news. Means I have more chance of getting it. Thanks Mike.
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Millymollymandy
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Re: How does a sale by Private Treaty work?
I didn't know that either. Sounds a bit posh doesn't it? 
http://chateaumoorhen.blogspot.com/boboff wrote:Oh and just for MMM,(thanks)
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Green Aura
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Re: How does a sale by Private Treaty work?
The things you learn on here, eh?
Maggie
Never doubt that you can change history. You already have. Marge Piercy
Life shrinks or expands in proportion to one's courage. Anais Nin
Never doubt that you can change history. You already have. Marge Piercy
Life shrinks or expands in proportion to one's courage. Anais Nin