If you’re thinking of buying a house, you’ve probably already realised that the market is extremely competitive right now. Often, multiple people make offers on a property, with many houses and flats being snapped up almost immediately.
So, what can you do to increase your chances of getting the keys to that perfect property? It’s time to become a ‘power buyer’: the kind of person vendors are dreaming of when they put their house on the market.
If a vendor can take their pick of buyers, they’re naturally going to go for an easy life and choose someone who promises a speedy, problem-free transaction.
Essentially, a power buyer is someone who is ready to hand over money and move. They could:
The selling and buying a house process is often complex and daunting so anything you can do to make yourself a more attractive buyer will work in your favour.
If a vendor sees that you’ve got a buyer lined up, they know you’re in a good position to proceed and that certainly tips the scales in your favour.
Having your finances in order is a good thing for everyone. The vendor will see that you can afford their property and you will know what kind of properties to aim for.
This is a really important step and shows vendors that you are serious and can afford what you’re offering.
If there’s one thing sellers love it’s a cash buyer. Those two words hint at a stress-free sale for them, so if you’re in the position to buy without a mortgage then you immediately appeal to the vendor. Make sure you let the estate agent know so that they can pass on the good news.
Again, lining up a solicitor for buying a house shows sellers that you are a) serious and b) ready to move forward. Once they put the house on the market it is likely they want to get through the process of selling as quickly and simply as possible. Being an ‘easy customer’ by having a solicitor and surveyor ready will help persuade the vendor selling to you will be straightforward and hassle-free.
If you’re thinking of buying a flat or house, we’re here to help. At Charters, our dedicated team have decades of experience working in the housing market. We understand what motivates sellers and are happy to pass on our hints and tips to those house-hunting. After all, a straightforward sale is in the best interests of everyone involved.
If you’re a keen buyer or have got any questions about the buying a house process, please pop into your local Charters or get in touch. We’ll be happy to help you make your next move.
Spread the news...
Part of the Charters Group