How to Make Your Offer Irresistible to a Home Seller?

Do you want to know how to put in the winning bid for your next property

Whether it’s your first home or your 20th investment, you want to make an offer that the seller can’t refuse when you’re buying property, especially after you have been looking for a while.

One way to make sure your offer is accepted is to use a buyer’s agent.

Who is a buyer’s agent?

A buyer’s agent is a professional who takes on all the hard work of buying a home on behalf of his or her clients. Buyer’s agent is paid by the buyer and the seller pays the selling agent, so the buyer’s agent has a responsibility to act in the buyer’s best interest.

A buyer’s agent can offer different levels of assistance, depending on your needs. Most buyers agents offer these lever of service to their clients:

Auction bidding: Your agent bids in your place at an auction
Evaluate/negotiate: This is for buyers who have found a property but need someone else to handle the nitty-gritty of paying the right price
Complete service: The buyer’s agent will find the right home, make sure it’s good quality and then negotiate for the property with the selling agent

Why choose a buyer’s agent?

There are plenty of convincing reasons to use a buyer’s agent. The level of service you choose will depend on how much work you need them to do for you.

Bidding on property is a skill and enlisting a buyer’s agent means you will have a professional handling the difficult task. At the first level, the buyer’s agent’s only job is to bid for you at auction. You might not be available to attend the auction due to prior commitments or may prefer to let a buyer’s agent handle the stress of bidding at auction. If you’re inexperienced, having this help can be invaluable.

Buyers who choose the second level of service will generally have the time and inclination to house-hunt themselves. Many people enjoy this part of the process, but when dealing with inspections, lawyers, paperwork, and the rest of the details, they prefer to hand over the reins to someone else.

The highest level of a buyer’s agent’s service is suitable for people who have no time to find the right property or they are so tired of looking that they decide to get some help. It is often a time concern that encourages people to enlist a buyer’s agent to do all the heavy lifting for them. However, having a buyer’s agent on hand from the get-go is worth considering for anyone setting out to buy a home, especially first home buyers.

Outside of the real estate industry, most people have a limited idea of how to navigate the property market. Even if you have the time and want to dive into house hunting yourself, a buyer’s agent can still be your secret weapon. By enlisting the use of this professional, you can enjoy expert support from start to finish.

Putting in an offer

Buyer’s agents are your best bet for making irresistible offers. If you want to beat the competition and securing your dream home, you should consider the following:

  • Get pre-approval.
  • Have the contract reviewed and be aware of the terms and how they may affect you.
  • Be flexible. Understand what the vendor’s position is and understand why the vendor is selling. There’s more to putting an offer than just money.
  • Do your due diligence and organise property inspections at the same time.
  • Hire a buyer’s agent. A lot of buyers are working full-time jobs. They don’t know what they need to do to actually be able to move quickly enough to secure the property.

Let Thorpe Conveyancing know if you would like an introduction to a buyer’s agent or if you need quick support with a contract.

Thorpe Conveyancing provides reliable, cost-effective conveyancing to home buyers and sellers in Sydney and beyond.

Get a quote for our services today.