What are the keys to a good offer?

When you’ve finally found the house of your dreams, it’s time to make an offer. Get to know the keys to make it a success!

Finding the perfect home is a big adventure. Visiting one and another, looking at this and that until you find the right one. But things don´t end here. When you have already made your choice and with things well clear it´s time to make an offer. This is a complicated step and it´s normal to have doubts. How will I know that I´m making a good offer? Will the buyers actually consider it? Don´t worry, we ask ourselves these questions all the time and although there´s no magic formula, we have some tips that will make your offer a complete success!

Ready, set, here you go:

  • Before you begin, know your budget. To make a good offer it´s important that you know clearly your limits. A price that escapes your possibilities can put you in a struggle.
  • Analyse the market. Check the sales of other similar properties in your neighbourhood and you will get an idea of the price of the market. This can be very useful to set the initial price.
  • Analyse the market. Check the sales of other similar properties in your neighbourhood and you will get an idea of the price of the market. This can be very useful to set the initial price.
  • Show interest. For you it´s a house with which, for the moment, you have no sentimental ties but this is not the same for the seller. Let him know why you want to live in what has been his home and you will come to an agreement easily.
  • Get to know the motivations of the seller. The personal motivations of the seller are just as important as the characteristics of the market. There are many differences between a seller who is looking forward to selling the property as soon as possible than one which is in no hurry, and is waiting for the perfect offer.
  • Before making an offer, find out if the seller is willing to negotiate. Knowing his interests will bring you closer to a good agreement.
  • Make a reasonable offer. It´s normal to try to push down the price but be careful, with a very low offer you could lose the game before it even starts. Offer a price adequate to the market and the value of the property.
  • Show evidence of your funds. Before submitting your offer, you will have to give evidence of the type of purchase you are going to make. If you finance the purchase, be sure to show that you are qualified to apply for a loan.
  • Whatever happens, remain calm. You never know how an offer is going to develop. It can be as simple as closing the deal with the first proposal and as complicated as taking a few months. One way or another, show tranquillity and education.
  • Make sure you have all the necessary documents in handy. Check that all the necessary documents are signed, and include all the information the seller has requested. This will save time and streamline the process.
  • Consult a specialist. When it comes to making a good offer, there are many things to consider and a specialist can make the whole process much easier. Count on them!

Now you have everything. Follow these tips and you will get a successful offer!!