Your property is on the market, you're expected to receive offers that are close to the asking price, right? Well… we have found that due to the current low supply property market, often homeowners are getting several offers that are higher than what you are asking.
If you are in this fortunate position, it is important to remember the factors to consider when choosing the right offer for you, (Psst the highest offer isn’t always the best).
As your Southport Estate agent, Ball & Percival, we will help you choose the best option for you!
Here are a few things that will be considered…
Financial Position
As your estate agent, we will check their financial position using their proof of funds and a mortgage in principle in place to progress.
Whether they have a property to sell
We would then check what their position is, as this could delay the speed of your sale. We will find out all the necessary detailing surrounding their property and how far the sale is down the line. It’s important to know how your purchaser’s sale will affect their ability to purchase yours.
Timing
It is always best to be clear about timing with your potential buyers and to communicate this at the offer stage. If you haven’t found anywhere to move to yet, you need to be clear so that the potential buyer can be made aware of this as you don’t want to feel hurried into a purchase that might not be right just because someone wants to buy your property.
Top Tip: Remember that the right buyer will be patient if it’s a property that they really want to buy!
Alternatively, if you are in need of a quick move, ideally you’ll want a buyer who’s in the same position.
Be open and honest
To be able to choose the right offer is it vital to be open and honest about your situation and your expectations. This is so we can handle the negotiations and ask the important questions to your potential buyers to help to find the best proceedable offer for you.
If you are looking to sell your Southport Property or for property for sale in Southport, we’d love to give you a free valuation.
To be put in touch with one of our Southport Estate agents, here at Ball and Percival contact us today on 01704 536 900 or [email protected]!
