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Prepare for the Climb - Phase 1 of the Three Ps System
▸ Video Example: How to Make an Offer on Your First Property: A Step-by-Step Guide
1. Identify one target property
2. Research three to five recent comparable sales
3. Create a comparison spreadsheet
4. Estimate a fair value range
5. Send the Sale and Purchase Agreement, LIM and title to HouseMe Legal
6. After your call with HouseMe Legal, choose your offer conditions
7. Draft an initial offer
8. Add a flexible settlement date or a fixed date
9. Email the signed offer to the listing agent
10. Did the seller counter-offer?
Yes
• Review your spreadsheet again, adjust price if justified, then submit a final offer (consider ending in an odd number and attaching your buyer letter).
• Optionally add a 48-72-hour deadline to keep momentum.
No
• Offer is either accepted as-is or declined.
11. Begin due diligence immediately (10 working days is typical).
12. Confirm all conditions are met - contract becomes unconditional.
13. Pay the deposit balance to the stakeholder.
14. Line up KiwiSaver or bank funds, arrange insurance and switch utilities.
15. Book your pre-settlement inspection in the week before settlement.
16. Settle and collect the keys - welcome home.
17. Record the lessons learned, return to Step 1 and repeat on the next property.
Pro tip: keep every offer file (comps, lawyer feedback, signed SPA) in one cloud folder so each new attempt gets faster.
