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great! so email/fax even verbal agreements are merely tools of negotiations? so if I get an email back from the agent saying "your offer has been accepted" its not binding ie either of us can pull out at anytime, so if I wanted to get the contract finalised, I would have to QUICK smart get...

ok understood, so if my friend had entered the correct price the property at $347k, and if the vendor accepted it and signed it, are you saying that it is not valid until my friend signs it?????

Strictly Hypothetical.... well sort of. I was chatting with a friend who made an offer on a property via email, but unfortunately put in $447k of $347k, luckily it was sold by the time the agent had received it. So what is the legislation in regards to typos? My friend was chatting...