When you list your #property, receiving an #offer can feel both exciting and overwhelming.
Residz Team 2 min read
When you list your #property, receiving an #offer can feel both exciting and overwhelming. But is it really the right offer for you? While the #listingprice is always important, there are many other factors to weigh when deciding whether to accept, negotiate, or decline an offer. Let’s break down all the key elements to consider—and highlight why looking beyond dollar signs can save you stress and money.
Conditions Attached to the Offer
Make sure you carefully review any #conditions included in the offer:
Subject to #buildinginspection: Allows the buyer to withdraw if major problems are found; protects them, but can delay or jeopardise your sale.
Subject to #finance: Buyer’s ability to obtain a loan is essential; if this falls through, the deal collapses.
Settlement timing: Flexibility here matters. Sometimes buyers offer longer settlements with options for you to continue living in your #home post-sale. This can ease your #moving arrangements and provide peace of mind if your next place isn’t ready yet.
Special conditions: These might include the buyer insisting on certain #repairs or #maintenance being completed prior to settlement. Make sure you understand the costs and time required before agreeing.
Timing and Moving Arrangements
#Settlement dates can massively impact your ability to move smoothly:
A tight timeline may force you to book expensive last-minute #moving services or struggle to coordinate moving out and moving into your next property.
If you haven’t secured a #newhome or #rental, you risk being temporarily #homeless—so it’s vital to align the sale timeline with your next accommodation.
Financial Considerations
The offer price is just part of the financial equation:
Consider ongoing #mortgagepayments while waiting for your home to sell.
Factor in any #priceincreases for the property you’re moving into—waiting can mean paying more.
Include the real costs of #moving, from packing to transport and storage.
Don’t forget #preparationcosts for sale (cleaning, repairs, styling, marketing)—these eat into your net proceeds.
Why a “Quick Sale” May Be Better
Sometimes, a quick #sale with zero conditions—even at a price below your ideal—can be the best option. #Unconditional offers mean fewer hurdles and less risk of buyers pulling out. Accepting a slightly lower price for certainty and speed may save you thousands in the long run.
Don’t Be Blinded by Price Alone
Price matters, but:
Offers with tough conditions or uncertain timelines may cost you more than they’re worth.
#Buyerintent matters. Cash buyers, or those with solid #finance, provide peace of mind. Higher #deposits, or fewer contingencies, means stronger offers.
#Markettrends, competition for your home, and how long it’s been listed should all guide your decision.
Additional Tips
Review other recent #sales in your area for context.
Factor in your emotional needs—sometimes timing and certainty are more valuable than squeezing out another few thousand dollars.
Consider negotiating on terms, not just price: flexible settlement dates, post-sale occupancy, and responsibility for repairs.
Seek advice from a skilled #realestateagent or #conveyancer to help weigh complex contracts and avoid costly mistakes.
The Takeaway
Choosing to accept, negotiate, or decline a property offer is about much more than the number on the page. #Offerconditions, #finances, and #timing all impact your bottom line and lifestyle. Think holistically, make sure each offer fits your real needs, and remember—a “good offer” is one that delivers the result you want from your property journey.