MORE THAN ONE ACCEPTED CONTRACT
In a lot of instances you will have more than one party with an accepted offer on a property and they will enter a contract race.
We need the ability in the system to have more than one offer in acceptance and also to have a live commission sheet for each.
We only mark the offer as fallen once the winner goes unconditional.
Hi there,
This isn’t something we’re likely to support in the near future.
You could theoretically achieve this currently by performing the following steps:
1. Mark the currently active contract as fallen.
2. Mark the backup contract as accepted (not backup).
3. Create a commission worksheet for the backup contract.
4. Do the reverse of steps 1 and 2 (reactive the orignial contract).
The steps above allow you to create a commission worksheet for your backup contract which can then be accessed and modified using the “View Past Worksheets” button on the commission screen.
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Anonymous commented
Hi, I have this enabled but it doesn't allow you to have more than one contract in accepted status which often happens in a contract race situation.
Is this something that can be reviewed?
You also can't have commissions included as you then need to mark as fallen to put another contract in accepted status. -
Rex Software Support Team commented
Thanks for your suggestion!
There is a way of performing this in Rex currently using Backup Contracts.
You can turn get your Super Admin user to turn this on from: Admin > Advanced Settings > Legal >
Turning on Backup Contracts will give you the ability to have multiple contracts.
For further information, please contact the Rex Support Team.