Should we always accept a purchase offer when selling real estate?

By fashionlifeshopping 07/12/2022 721 Views

SellBlandine RochelleOct 22, 2018updated on Nov 09, 2019Share on

Have you just received an offer to sell your property and are wondering if you should accept it? A real estate agent can help you sort things out, but you can also follow some guidelines to make your choice.

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If you have received several offers to buy at a much lower price, consider lowering the sale price. © goodluz

If this is the first purchase offer, take the time to study it

You have put your home up for sale and you have come to receive a first purchase offer, with a price lower than the one you posted. In this case, several scenarios are available to you and you must take the time to study this offer according to different parameters:

The offer is at the price: don't hesitate any longer to accept it

If you have just received an offer at the price you have set, you can of course take the time to study the profile of the buyer, who made his offer, in order to make sure that he is solvent and that the sale process will have every chance of succeeding before accepting his offer. But regardless, it is difficult to refuse an offer at the fixed price.

Good to know

Should we always accept an offer of purchase when selling real estate?

If you have received several purchase offers whose price is much lower than the one you have set, talk to the real estate agent: this certainly means that the sale price is overestimated and that it may be -be time to lower it.

If you receive two offers, study the profiles of the buyers

It may happen that buyers are particularly interested in your home, and that you find yourself faced with two purchase offers from two different buyers. In this case, the help of the real estate agent will be invaluable to you, because it will be wiser to accept the offer of the person who seems the most solvent and whose file will be the most solid. Indeed, when you sign a preliminary contract with a buyer, the suspensive clauses make it possible to break the contract and in particular the case for which the buyer does not obtain his mortgage. The real estate agent helps you to distinguish the best profile by taking into account different criteria: