GETTING YOUR OFFER ACCEPTED – HOW TO GIVE YOURSELF THE BEST CHANCE
As we all know, buying a home ranks high up on the scale of stressful events. You need to have a plan in place from the moment you start seriously looking, so that if you find somewhere that’s right for you, you’re prepared and can get your offer in quickly.
With the amount of property available for sale currently dwindling, getting your offer accepted on a property you have fallen in love with requires careful thought and action.
So how do you give yourself the best chance of getting your offer accepted?
You need to be prepared to be nimble and business-like from the outset. If you like the look of a property listed on a website, contact the agent and book a viewing as soon as you can. Make sure the agent knows your circumstances and that you’re a serious buyer.
If you’re a first-time buyer or living in rented accommodation, with a mortgage offer in place, you are in a better position than someone further up the housing ladder who will need to sell their existing property. Make sure if you’re in this nimble position, that the agent and seller are both aware of your circumstances. If your seller is keen to move quickly, your offer may be more appealing than one at a higher price. Sellers who are not in a hurry to move are more likely to hang on for a better offer.
Finding out all you can about your seller’s situation and their moving plans can help you prove to them that you’re a suitable buyer. Telling them what you like about the property and reassuring them that you’ll take good care of it could help them to find your offer more appealing than others they may receive. Building a good relationship with the seller can also help you find out valuable information about the neighbourhood and the property in a way that the agent’s details can’t do.
BE READY TO MOVE
If you can help the seller by working around their moving dates, then they may see you as the most suitable buyer. If they need a delayed completion to give them more time to find their next property, being flexible and helping them with their plans can be an advantage.