Considering and Accepting an Offer on Your House

The big moment is finally here – you’ve received an offer on your property! Hopefully, it’s all in writing, with a covering email or letter that explains how the buyer is funding the purchase, and any conditions they may have. 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. Listen in to find out: 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 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. 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. Thanks to GOTO Conveyancing, you can get quotes from up to four professional legal advisors at the click of a button! What to do if several buyers bid on your home First off – well done! 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 bidding. 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. Find out more about Move iQ To find out more about Move iQ, you can visit our website, where you can register to receive offers and benefits, and sign-up to receive our exclusive monthly newsletter. Please also connect with us on Facebook, Instagram, Twitter or LinkedIn. If you have any questions for Phil or any special requests for topics to cover on the podcast then please email [email protected]. 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.