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Fri 31 Mar 2023

How to Spot a Buyer Who Means Business

How can sellers recognise the committed buyers from the chancers and timewasters?


While no sale comes with an ironclad guarantee, here are four signs that your buyer means business.


1)    Still keen after a second viewing


It’s great if a buyer makes an offer at the first viewing, but you need to ensure they’re not acting impulsively. Always arrange a second viewing so the buyer can take another look.


2)    Knows what they want


It’s best if a buyer has a clear reason for wanting to move to your area – such as the schools, family connections or access to transport. A buyer with vague search criteria may later change their mind.


3)    Is organised


A committed buyer has researched the local property market and knows how much they can afford to borrow. They already have a mortgage-in-principle and a solicitor.


4)    Keeps you in the loop


If a buyer is genuine, they’ll be eager to keep you informed of progress on surveys and paperwork.


Contact us to arrange a free valuation of your property.