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How to get your offer accepted and beat the competition – and it’s NOT about who offers the most money

As Rightmove recently reported in their House Price Index, more buyers are buying, whilst interest rates and unemployment continue to be low. Exacerbated by a shortage of available property for sale, nearly half of properties on the market have sold as a result, indicating a promising first half to 2017.

 

The portal compared June 2017 to the same period around the referendum a year ago, where they found the number of sales agreed is up by 4.6%. This recovery in buyer activity means that you will need to ensure you are the ‘best buyer’ out there, if you are to beat the competition and have your offer accepted.

 

Research by ClearScore has shown that nine out of ten sellers would prioritise buyers who are in a position to move quickly with a mortgage already agreed, compared to those making the highest offer. Here are a few things to think about to make sure you’re at the top of their list… 

 

Ensure your credit score is in order early on as this will help you secure the right mortgage. 

 

Make sure all your paperwork is ready, including your mortgage agreement and other financial documents. This shows sellers you’re a serious buyer and can afford to buy their property. 

 

Don’t cancel or reschedule viewings. Sellers don’t like time wasters. 

 

Be flexible as to when the seller wants to move out. Too much pressure when they haven’t found anywhere to move yet can easily put them off you.