How To Accept An Offer On My House | Ep7 - Season 3 (Move iQ Property Podcast)
์์ค ์ฝ๋
- ๊ฒ์์ผ 2024. 04. 27.
- The big moment is finally here - youโve got an interested buyer. But do you know how to accept an offer on your house?
In this episode, Phil Spencer guides you through this minefield of emotion to help you decide whoโs the best buyer and how to decide if an offer on your house is good and one you should accept.๐ค
๐ฌTune in to find out:
โข Why a good offer is about more than just the money ๐ท
โข How to evaluate an offer
โข How to decide who the best buyer is ๐ค
โข Whether you should always counteroffer after rejecting an offer
โข Why you need your solicitor to come into their own at this stage
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Solicitors - yes - can make a huge difference. Lack of pro-activity on the legal side during the conveyancing process is often a major problem. I would particularly mention buying Leasehold (as opposed to Freehold) property. The terms and conditions of the Lease need to be fully understood and their future implications. The Lease is a legal document and if your solicitor is not experienced in Leasehold property, expensive mistakes can be made.
Fantastic videos guys, keep them coming!
More to come!
The desire to feel that you've got a good deal applies to both buyer and seller, obviously. This is why, unless the seller is desperate to sell quickly, you always market the property at 3-5% more than the seller will accept. This allows for negotiating room with both ending up feeling that they've done OK out of the deal. So if the seller will accept ยฃ500.000, you market at ยฃ515,000 - ยฃ525,000 depending on the seller's attitude and the Agent's view of the state of the market.
Whatโs the deal with estate agencies making phantom bookings ? We have had two bookings this evening and one was running late by 15 mins. They never turned up. The second one didnโt even turn up or make a phone call. This is the third booking from eight potential viewings.
Thank you
You're welcome
I accepted an offer...and now regret it....can I retract
What about Offers Over ?
This article might help: www.moveiq.co.uk/advice/selling-offers-and-negotiations/accepting-offer-house/