What Happens After an Offer Is Accepted? (From Offer to Settlement)
Getting an offer accepted feels like the hard part is done.
In reality, it’s the start of the most important phase of the sale.
Understanding what happens next removes stress, avoids surprises, and keeps everything on track.
Here’s how the process works in WA — step by step.
Step 1: Offer Acceptance (The Starting Line)
Once an offer is accepted:
Both parties sign the contract
A settlement agent is appointed
Key dates are confirmed
At this point, the sale is usually conditional, not final.
Step 2: Finance Approval
Most buyers purchase subject to finance.
This stage involves:
Bank valuation
Formal loan approval
Document checks
Timeframe: usually 14–21 days
This is the most common point where delays (or fall-overs) occur.
Step 3: Building & Pest Inspection
If included, inspections are arranged by the buyer.
Possible outcomes:
No issues → proceed
Minor issues → negotiation
Major issues → contract may be renegotiated or cancelled
Good communication here keeps things calm and fair.
Step 4: Conditions Are Met (Unconditional Sale)
Once all conditions are:
Met, or
Waived
The sale becomes unconditional.
This is the moment sellers can relax — the deal is now locked in.
Step 5: Settlement Period
During settlement:
Banks prepare documents
Settlement agents coordinate
Final adjustments are calculated
Sellers should:
Keep the property insured
Maintain the home in the same condition
Avoid disconnecting services too early
Step 6: Pre-Settlement Inspection
Buyers usually inspect the property shortly before settlement to ensure:
The home is in the same condition
Any agreed repairs are completed
This is standard and nothing to stress about if everything’s been handled properly.
Step 7: Settlement Day
On settlement day:
Funds are exchanged
The title transfers
Keys are released
Congratulations — the sale is complete.
Common Issues (and How to Avoid Them)
Problems usually arise from:
Poor communication
Missed deadlines
Unrealistic expectations
A good agent stays on top of timelines and keeps everyone informed.
Final Thought
Selling doesn’t end when the offer is accepted — it ends at settlement.
Knowing what’s ahead gives you confidence, clarity, and control during the process.
If you ever want a clear timeline tailored to your sale, I’m always happy to talk it through — calmly, clearly, and without noise.
