The big moment is finally here – you’ve received an offer! But how do you go about securing an offer on your house?
Accepting an offer may be the easiest part of selling a house (all you have to do is say “yes”) but you may find it’s actually the hardest part. Selling isn’t just about money. It’s about what sits behind it. You sell with your heart as much as (if not more than) your head.
That’s why it’s so important to make sure you’ve got the right buyer.
The difference in conditions and context between two offers may end up feeling more important than the numbers. In this episode, Phil Spencer guides you through this minefield of emotion to help you decide who’s the best buyer and which offer on your house you should accept.
Why should you listen?
- Why a good offer is about more than just the money
- How to evaluate an offer
- How to decide who the best buyer is
- Whether you should always counteroffer after rejecting an offer
- Why you need your solicitor to come into their own at this stage
What to do if several buyers bid on your home
If you’ve got several interested buyers, all making credible offers, you’ve been doing everything right (and maybe got a bit lucky too)!
If you do find yourself in this enviable position, you may want to consider sealed bid offers. This method of selling can get the attention of only the most serious buyers. It also comes with plenty of its own risks. If you are considering using this method, we advise you to take the time to learn more about sealed bids.
Don’t let the legal side let you down!
If you’ve got an offer, you need to get a good solicitor. If you haven’t got one yet, or you aren’t sure whether it’s the right choice (it almost always is!), you can use our free, no-obligation conveyancing quote tool to help you find the right conveyancer for you.
We want to thank the sponsor of our show
GoTo offers a nationwide network of services from mortgages to surveys, conveyancing as well as online property auctions. You can speak directly to a member of the GoTo award-winning team, who will help with any query you have during you move whichever service you use.
Thank you for listening to the Move iQ podcast!
If you enjoyed the show, please subscribe via your favourite podcast app and don’t forget to leave a review.
Stay in touch with Move iQ
Join Phil’s email group and get his advice direct to your inbox, subscribe here.
If you have any questions for Phil or any special requests for topics to cover on the podcast then please email [email protected] or post a question in the Move iQ Hub our Facebook group. Just request to join and we’ll let you in.
We’ve also got lots of great videos over on YouTube, so be sure to subscribe to our channel and let us know what you think.
Last Updated: August 24th, 2021