Any useful hints&tips to avoid being gazumped?

ada007

Apart from put in an offer way above the asking price on condition of getting the property off the market....is there anything else you could potentially do?
Any useful hints&tips is gratefully received.
Thanks.

cloo

Sadly, I doubt it. Maybe try and endear yourselves to vendors, send a thank you card for viewing/accepting offer or whatever, so if they bond with you a bit more they might be more likely to turn down another offer. Make it clear to the agents if you have super good credentials (large deposit, already got mortgage actually agreed, not just in principle, not in a chain) so that if someone offers more they might look like less of a good bet. Offer for a place that's been on for a bit, so is less likely to have people battering down the door?

But TBH there's nothing on earth you can do to stop even the 'nicest' vendor turning down a bigger offer if they get one.

jjlandlord

OP has just posted the same question: https://forums.moneysavingexpert.com/discussion/5265346

Annie1960

The best thing you can do is to be the person in the strongest position to proceed. Most buyers would not then drop you for someone who is in a worse position.

Dan-Dan

ada007 wrote: »

Apart from put in an offer way above the asking price on condition of getting the property off the market....is there anything else you could potentially do?
Any useful hints&tips is gratefully received.
Thanks.

Unless your buying with a massive lump of cash with more lumps of cash hanging about , this wont work anyway once the mortgage valuation happens

Hoploz

Move as quickly as you can in the bit between having your offer accepted and reaching exchange.