BID ADVICE FROM ROOOM

What would you have to bid on this home?

A good bid starts with the home itself. We look at the value, the condition, recent sales, the documents and what is happening around the sale. Then we discuss which amount and which conditions we think fit. Bid advice is part of rooom’s buying support.

Do you have a home in mind?

Street, number, city Personal bid advice from your buying agent

Two homes. Two completely different recommendations.

The asking price alone says little about what we advise. Sometimes we think you should stay below the asking price. Sometimes we advise going a little further than you had planned.

Viewing + documents reviewed

Advice below the asking price

Here we found the asking price too high.

Asking price € 595,000

Our advice € 565,000

During the viewing it became clear that much more maintenance was needed than the presentation suggested. The documents also showed costs you would have to take into account as a buyer.

Comparable homes in better condition had moreover sold for amounts around the asking price.

Our advice was therefore clear: do not follow the asking price, but bid on what this home in this condition was worth according to us.

Discussion with client + selling agent

Advice above the asking price

This was the home we wanted to go a little further for.

Asking price € 675,000

Our advice € 715,000

The home met almost everything we had discussed with the client beforehand: the right neighbourhood, a good layout, outdoor space and little work after the purchase.

We found the asking price realistic and saw that comparable homes were selling strongly. We also knew there was serious interest.

The amount was a little above the limit the client had in mind beforehand. Still we advised going just outside that comfort zone, because this home fitted exceptionally well and the difference stayed within the value we could substantiate.

So bid advice is not: asking price plus a percentage.

Sometimes we hold you back. Sometimes we advise going a little further.

We look at the home, speak with the selling agent, go through the documents and take into account what matters to you. Then we tell you which bid we recommend and, above all, why.

A home you want to bid on?

Enter the address. Then we look at it with you.

Street, house number and city