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How to make an offer on a house

Buying a house for the first time can be exciting but daunting. Here’s some simple steps for you to follow.

1. Attend the first open for inspection

If you’re considering making an offer on a property, it pays to show up to the first open for inspection so you can gauge the level of interest. Vendor’s may be more likely to consider an early offer.

2. Offer early and quickly

Don’t be afraid to turn up the heat on the vendor by putting your best offer out there early in the campaign, and asking for a quick answer, as it will put you in the best position to negotiate.

3. Ensure your offer is unconditional

Selling a home can be arduous, so vendors often look for the path of lease resistance when it comes to negotiating a deal. This means that if your offer has conditions attached to it – the most common being that the offer is subject to finance being approved – it will hold less appeal.

4. Offer your best price

Most buyers who make an offer on a home are doing so either because they want to snuff out the competition, or because they’re hoping for a bargain. Offering low rarely yields results. The people that are most upfront with us are the ones who are generally going to be treated as the most genuine buyers. Keep your emotions in check when you put an offer in on your ‘dream home’.