A common mistake buyers make is using the asking price as the starting point for their offer. A property listed at €400,000 may actually be worth more or less.

Some sellers deliberately set an attractive asking price to generate more viewings and offers. Other properties are priced higher, leaving room for negotiation.

That is why it is important to look beyond the asking price.

How do you determine a good offer?

Several factors play a role in determining your offer:

• Recent sale prices of comparable properties in the area.
• The property’s structural condition and maintenance needs.
• The energy label and any costs of improving energy efficiency.
• The number of interested buyers.
• The preferred completion date and other sale conditions.
• Your financial position and the expected valuation.

Suppose a property is listed at €425,000, while comparable homes have recently sold for between €435,000 and €450,000. In that case, an offer above the asking price may be justified. However, this does not automatically mean that any offer above €450,000 is sensible.

What is OZQUR’s view?

At OZQUR, we believe a good offer does not have to be the highest offer. It should be the best-supported offer.

We advise our clients to set a maximum offer limit in advance. We consider both their chances of securing the property and the financial implications after the purchase.

Buying a home is a major financial decision. Emotions can play a part, but they should not be the only reason to offer thousands of euros more.

Need help determining your offer?

OZQUR Makelaardij supports buyers in Eindhoven, Helmond, Veldhoven, Geldrop and beyond with assessing properties and submitting a suitable offer.

At OZQUR Makelaardij, we guide you through selling your home in 5 steps

1 – Introduction and property valuation
We discuss your wishes, view the property and determine a suitable asking price and sales strategy.

2 – Preparing your home for sale
We collect the necessary documents and arrange the photography, floor area measurement report and property presentation.

3 – Presentation and promotion
We professionally market your property through Funda, our own channels, social media and the OZQUR network.

4 – Viewings and the best deal
We conduct viewings and assess offers.

5 – Sale and completion
We guide you through the purchase agreement, agreed arrangements, final inspection, key handover and aftercare.

Wondering how quickly your home could sell? Contact OZQUR Makelaardij.

Yucel Samanci
Buying and selling agent at OZQUR Makelaardij, specialising in buying strategy, negotiations and guiding Dutch, Turkish and expat clients.