How to handle multiple offers on your property

How to handle multiple offers on your property


Receiving multiple offers on a property is an exciting position for any seller, but it also requires careful consideration to ensure the best outcome. Choosing the right offer isn’t always about the highest price—it’s about reliability, financial security, and the speed of the transaction. Here’s how to navigate multiple offers effectively. 

Assess the strength of each offer 

While it’s tempting to choose the highest bid, not all offers are equally strong. Consider: 

Financial position – Is the buyer offering cash, or do they require a mortgage? Cash buyers usually offer faster, more secure transactions. 

Mortgage approval – If the buyer needs a mortgage, check if they have a mortgage agreement in principle (AIP) to confirm their borrowing ability. 

Buyer chain status – Is the buyer part of a chain, or are they a first-time buyer or investor? Chain-free buyers pose less risk of delays or sales falling through. 

Deposit size – A larger deposit often indicates a stronger financial position and greater commitment to the purchase. 

Consider speed and flexibility 

Some buyers may be more willing to work to your timeline. If you need a quick sale, choosing a buyer who can complete faster—even at a slightly lower price—may be the best decision. 

Compare conditions and contingencies 

Some offers come with conditions, such as surveys, repairs, or subject-to-sale clauses. A lower offer with fewer conditions might be preferable to a higher one with uncertain contingencies that could slow down or complicate the process. 

Negotiate strategically 

If multiple offers are close, you can negotiate to secure better terms. You might: 

  • Ask for best and final offers – This encourages serious buyers to present their highest bid. 
  • Negotiate deposit amounts – A higher deposit shows commitment and financial stability. 
  • Request flexibility on completion dates – A buyer who aligns with your timeline can streamline the sale process. 

Keep communication open and fair 

Honest and transparent communication with all buyers keeps the process professional and ethical. If a bidding war develops, ensure buyers understand the process and have an opportunity to present their best offers. 

Work with an experienced estate agent 

Navigating multiple offers can be complex, so having an estate agent to guide you is invaluable. They can help assess buyer strength, handle negotiations, and ensure you make the best financial and practical decision. 

Contact our experts and sell with confidence today 



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