How to make an offer on your dream home…

Tue 10 Oct 2017

Have you found a house you want to buy? Are you wondering what offer to put in, or the best way to go about putting an offer in? Read on and find out…


Whether you are first time buyers, or experienced property purchasers, it’s important that you consider carefully the offer you wish to put forward. Not only do you need to show the vendor you are a genuine buyer, you also need to show their agent, who will be feeding your offer back to their client (the Seller).

It’s worth sending the agent an email to confirm your offer, even if you have discussed the figure with them over the phone already. This way, it portrays you as a serious buyer, and one who is prepared and motivated. It also provides written proof you have made the offer which could become important should there be any misunderstandings.

It’s the estate agent’s job to discuss any offer received with their client (the seller), and come to a mutually agreeable amount where both buyer and seller are happy. Although the agent is working on behalf of the seller, you are also a ‘customer’ of theirs, and should expect to be treated as such. A good agent will make you feel important and relaxed, and help you and the seller work together and hopefully help you get the home of your dreams.

It’s worth pointing out that it’s the ‘quality’ of the offer that is equally important to the amount. Sellers don’t always accept the highest offer! The buyer’s situation and how they intend to fund the purchase is a big consideration. So, expect a good agent to gain understanding of your circumstances before putting your offer to their client.

I have put together a list of things that the seller’s agent may wish to know upon submission of your offer. It’s important you are as cooperative as possible and be completely honest about your situation. Trust between Buyer, Seller and Agent is essential to ensure any agreed sale makes it past various hurdles that can pop up along the way to sale completion and finally key handover.

  1. Your full name and residential address…
    It is now a legal requirement for Agents to conduct Anti Money Laundering Checks on sellers, so you will be asked for formal identification, for example, a passport or driving licence and proof of current address.

  2. Your buying position…
    This is very important. An offer from someone who has already accepted an offer on their home is going to be considered above an offer from someone who still needs to sell. Even better, if you are a genuine cash buyer (no mortgage needed – money in the bank), this stands you in great stead. Not many vendors will accept an offer from someone who is not in a position to proceed – the property will remain on the market for others to offer, but it’s definitely worth registering your interest. This way, the agent will contact you and keep you informed of any offers…. After all, you could sell your home at any time!

  3. The name of your Solicitor or Conveyancer…
    Don’t panic if you haven’t instructed a solicitor yet – if this is the case, ask the Seller’s agent for a recommendation. They are likely to know which Solicitors are working efficiently and have spare capacity at the time of your offer, which really matters! However, if you would prefer to pick your own Solicitor, give them a name by the end of the day.

  4. How you plan to fund the purchase…
    Cash is said to be king, but you will need to prove you have it! A good agent won’t just take your word for it as they are seeking to protect their client from less than honest buyers. And sadly, there are a few unfortunately.
    Will you need a mortgage? You’ll need to get an agreement in principle from your chosen lender to show that you are in a position to proceed. Now, don’t worry if you do not have such an agreement. And even if you do have one from your existing lender, I recommend you ask to see the Agent’s mortgage adviser. A good agent will have such a qualified person working in branch with access to the best deals currently available. If you already have a mortgage offer, it doesn’t hurt to check how competitive it is does it?

  5. Your preferred completion date…
    If one party wants a quick completion, but the other still needs to find an ‘onward home’, this may cause problems and could lead the sale falling through and you losing your dream home. It’s important to agree target timescales from the outset and allow for additional time should there be any complications along the way.

As I’ve already said, any good agent will make you feel comfortable and confident about putting your offer forward to their client. You are a valued customer, and should be treated as such. It’s very important that you are up front and honest about your ‘buying position’, and strike up a good relationship with the agent. This will prove vital as the sale progresses to completion and towards the most exciting day of all… Key handover day!

Hopefully I have covered the main points to consider when offering on a property.

Have you found a property you would love to call home? Do you need any further advice on making an offer?

Please feel free to send me an email anytime to:

In the meantime, all the best!


p.s. Are you curious what your house could be worth? Find out in around 53 seconds. Click here.

p.p.s. If you’ve enjoyed this blog and would like all my tips on selling your home quickly and for the best price, download my latest guide by clicking here.

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