< Back to blog

Top tips for buyers in this busy property market Posted On 12 May 2021

How to get your offer accepted when you find the perfect property in a busy seller’s market


The property market is booming. There are a lot more buyers than sellers, which has pushed the price up, alongside the competition, when it comes to purchasing your dream home. But there are steps you can take to put yourself in the best possible position.


Instruct an estate agent

If you need to sell before you can move, at this moment in time, you will need to be on the market before any seller will consider an offer you make. Sellers, like yourself, won’t consider an offer if you’re not on the market, and unless you are under offer, you won’t be in a proceedable position anyway.

With so many buyers, you will be in competition with people who may already be on the market or already under offer, which will put you back before you even attempt an offer. However, the good news is that with so many buyers, you will never have a better chance of getting a good offer on your property in a short amount of time.


Talk to a financial advisor

Not only will a financial advisor find you the best deal available for a mortgage (for a fee) they will also be able to provide you with a mortgage in principle. Sellers are more likely to accept offers from people who already have this in place as they know the buyer has the funds in place ready to go.

At the same time, make sure you have all your paperwork available so as not to slow down the process once you make an offer. If you want to make an offer, an estate agent will request to see proof of funds and the mortgage in principle, if a financial advisor they know can already confirm these things, the process will go much smoother.


Be prepared to go over asking price

Now is not the time to play hard ball and make low offers. With so many buyers, most sellers no longer need to negotiate on their asking price and in fact, most properties are going slightly over asking price. If you enter into a long, drawn out negotiation, it gives another party the chance to sneak in and make an acceptable offer while you’re still negotiating.

For a FREE, no-obligation valuation, or to arrange a meeting with a financial advisor, please contact us today.

< Back to blog

Connect with us

Recent Posts

Home is where the heart is

Even if you can’t remember which box you put it in!   Moving house is well known to be one of the most stressful things you can do, yet the lure of a new home is almost impossible to ignore. With the 30th June ‘end of stamp duty holiday’ deadline fast approaching, many are frantically …


Ready, Steady, App-tion!

The apps you need to know about to enhance your summer   ‘There’s an app for that’ is a phrase often banded about- for good reason, it really does seem these days that there is an app for just about everything. With the market flooded with competitors, it can be difficult to sort which apps …


Dining rooms: the forgotten space

Why you need a dining room and how to decorate it   With open plan kitchens flooding the market, you could argue that the traditional dining room is losing its place.  The dining room should however maintain its established place of prestige in your home. Having a separate dining room offers a space which is …


Father’s day gift guide

This Sunday is father’s day and if you’re struggling with gift ideas, we have you covered   GLAMPING TRIP A glamping break might be the perfect way you and your dad, or your dad and his partner, can escape the hustle and bustle of city life. The beauty of a glamping pod is that you …