Contract law: invitations to treat (1). An invitation to treat is an invitation for customers to submit an offer, and indicates a willingness to deal.
The Agreement provides that the buyer will have two days from the last day (five if not specified) that the seller had to respond in writing to the buyerâs corrective proposal. Now that we have formula, letâs see how it works.
About Real Estate: Include time limits with purchase offers. Savvy buyers and sellers always insist that an offer or counteroffer for a home expires within two or three days. Q. We put our home up for sale in October for $281,000, and a couple offered $249,000 for it a few weeks later. Our agent gave them a written counteroffer for $269,000, but they never responded.