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Despite living in the digital age, we still see many handwritten contracts. By handwritten contract, we mean a standard form contract with the offer details completed by hand. When we review a handwritten contract before our client signs it, we often replace it with a typed version. It's usually easier to start from scratch than make additions or amendments to existing details with limited space and turn the contract into a mess with our handwriting.
There's more to it, however. The psychology of presentation and perception plays a significant role in many decisions, including real estate decisions. A vendor's perception of an offer can be influenced by how that offer is presented. Here are some benefits of typing to think about before you handwrite your offer:
In short, if your offer looks good, it hints to the vendor that it is good.
While the core terms of an offer (like price, conditions and timelines) are undoubtedly the primary considerations for vendors, the psychological impact of presentation shouldn't be underestimated. Making that extra effort to present a professional, typed offer could tilt the balance in your favour, especially in multiple-offer situations.
All material on this site is provided for information purposes only. The contents do not constitute legal advice, are not intended to be a substitute for legal advice and should not be relied upon as such. You should seek legal advice or other professional advice in relation to any particular matters you or your organisation may have. If there are any issues you would like us to advise you on arising from this material, please get in touch.