Fall-through update
Send this the day you know the sale is off. Include the remarketing choice as a question, not as a decision you have already taken.
When to use it
- A buyer has withdrawn before exchange.
- A chain has collapsed and your vendor’s sale cannot proceed.
- A US contract has been cancelled and the listing should return to active only once the seller says so.
How to adapt it
- Copy the template into a draft, not into a live send.
- Replace every bracket with a fact from the file. If you do not have the fact, delete the sentence.
- Read it once as the client. Take out anything you would not say on the phone.
- Send it only after a person has approved the final text, from the right account.
Copy this draft
Subject: Sale of [address] — not proceeding Hello [name], [Buyer’s name, if appropriate] is not proceeding. The reason they gave me is: [what they said, or “they did not give a reason”]. [If a survey or a mortgage was mentioned, say that they mentioned it. Do not interpret the report.] The property is not exchanged, so there is no binding contract to enforce from our side. I have told [whoever you have actually told]. Please confirm how you want to remarket: - same asking price of [figure] - a different figure, which you tell me - pause I will not change the portal until you reply. [Your name]
Before you send it
- US: say the contract is cancelled if that is what the brokerage has confirmed, and ask before you flip the MLS status.
- Tell viewers who were turned away only after the owner agrees to remarket.
- Do not blame the solicitor in writing.
Questions
Should I put it back on the market immediately?
Not in this template. Ask, then do it. A vendor who is still negotiating with the same buyer will not thank you for a fresh portal listing.
What do I tell other buyers?
After you have the remarketing instruction: the property is available again, at the price the vendor confirmed.