How much should I offer?

Posted on Monday, July 13th, 2015 in Buying Advice

Always a difficult subject because as a buyer you want the property but you also want it at the best price. Add into the mix the possibility that someone else has their eye on your new home (how dare they!!) and making the right offer can be a minefield. Too low an offer and you risk losing the property or not being taken seriously by the agent and seller.

When considering making an offer you need to take into account a number of factors.

  1. How perfect is the property for you.
  2. How does the price compare with other similar homes in the area.
  3. What are the market conditions like locally (are properties selling quickly and at full asking prices or more slowly at below the quoted price).