You’ve finally found a home that fits you perfectly. But then comes the most important question: how much should you offer? In Eindhoven, homes are regularly sold above the asking price. However, that doesn’t mean overbidding is always necessary or wise.
Why Do Buyers Overbid?
Overbidding occurs when buyers are willing to pay more than the asking price.
This can have several causes.
Some homes are extremely popular due to their location, maintenance condition or energy label. Sellers may also intentionally choose a sharp asking price to attract more interest.
The asking price is therefore not automatically equal to the market value.
How Much Should You Overbid?
There is no fixed percentage that applies to every home.
For one property, an offer below the asking price may be realistic, while another may attract multiple offers above the asking price.
A solid bidding strategy considers:
- Recent sale prices of comparable homes
- The technical and structural condition
- The number of interested buyers
- The seller’s pricing strategy
- Your maximum financing and available savings
The most important thing is that your offer is well‑substantiated.
What If the Appraisal Value Is Lower Than Your Offer?
This is a significant financial risk.
Your maximum mortgage is partly limited by the appraised market value and lending rules.
If you offer €440,000 and the home is appraised at €425,000, the €15,000 difference must be paid with your own funds, in addition to other purchase costs.
That’s why it’s wise to assess beforehand whether you can cover such a difference.
Is the Highest Offer Always the Best?
Not necessarily.
Sellers also look at the conditions attached to an offer — such as the desired transfer date, financing clause and certainty that the sale will proceed.
An offer with favourable conditions can be more attractive than the highest bid.
Waiving the financing clause carries major risks and requires careful consideration.
Bidding With Confidence Through OZQUR Makelaardij
At OZQUR Makelaardij, we combine market knowledge with mortgage advice.
This allows us to give you insight into your financial possibilities and guide you in determining a suitable offer.
We help you find your dream home in 5 steps
1 — Introduction & defining your housing wishes We start with you. We get to know you, build trust and clearly map out your housing wishes and criteria. → First understand, then search.
2 — Determining your budget & possibilities Together with the buying agent and financial advisor, we determine your mortgage options, budget and ideal search range. → Know what’s possible before we start searching.
3 — Viewing homes together You focus on how the home feels. We critically assess the technical condition, location, possibilities and attention points. → You check if it feels like home. We check the rest.
4 — Determining value & smart bidding We analyse comparable sold homes, discuss the property with the selling agent and assess the expected appraisal value. Then we determine the bidding strategy and submit the offer. → Not just bidding, but bidding with a solid foundation.
5 — From accepted offer to notary Offer accepted? We check all documents and the purchase agreement, monitor deadlines and guide the entire process until the notary. → We stay in control until you receive the keys.
Want to buy a home in Eindhoven without overpaying? Contact OZQUR Makelaardij for buying advice.
Yucel Samanci
Buying & selling agent at OZQUR Makelaardij, specialised in buying strategy, negotiations and guiding Dutch, Turkish and expat clients.
