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Correct - you snooze, you lose! :eek: Although, to be fair, many vendors after 5 days of fingers crossed, would want a sale to stand up - especially if they have found anther property they want to purchase. For example, if it is a building issue, the REA's advice to the vendor would be that...

Trying to sign a contract of sale with "subject to" clauses in Sydney, as a hot makert, with multiple offers on a property, just won't work. No REA would advise a vendor to accept such a contract. You sign up, pay up and then get 5 days of total control. If you don't like the reports - go back...