Welcome to Home Relief Bulletin Board
Monday 09 December 2019
by the Property Team
Post No. 118
Backing up your rental offer
How to get your rental offer accepted
We see many home seekers viewing properties and showing interest or making an offer on a property. For some of them, their offers end up accepted. For others, their offers fail short to go through or simply do not reach the completion stage.
It is known that any rental offer on a property would compete with other existing and potential offers in any ends (high, medium and low) of the market. Therefore, renters need to try to back up their offer with something tangible (like additional security) so that they can maximise their chance or succeed in their bit to rent their ideal property.
In particular time like of festive season, this back up is even crucial in a property market where every home seeker, let alone those with ordinary or modest incomes, is hunting for the best possible festive deal to make their housing ends and needs meet before the end of the year if they are planning to move by this time.
This week, we are looking at with renters how to back up their offer and get it accepted by the end of home seeking process. It is not enough to make an offer, although the practice is that once an offer is made on a property this property is labelled as under offer and eventually withdrawn from the market until final completion.
Home seekers need to back up their offer to increase the chance for their rental applications to reach the final stage. They need additional security for their rental offer to be converted into a buy. They need to closely monitor their offer made and follow its progress and development.
For some landlords/ladies, once an offer is made, the property is put under offer (or on hold) and they are not open to listen to other offers. For other landlords/ladies, it is not the case. They can still open their minds to other offers until they get the best possible one. They may as well think that renters can still change their minds.
This week, renters can learn or relearn the way of backing up their rental offer so that their offer reaches the conversion stage. They will also have the opportunity to understand the rental selection process and criteria in order for their rental applications to be considered instead of that of their competitors.
If you are planning to make a festive rental offer or has already made it and need to back it, this week’s session is the right one for you through Home Relief.
If you are looking for an affordable location and home, Home Relief is the people dealing with affordable homes you could consider in your property searches and enquiries.
For more information about our property service to home buyers and tenants, please go to https://homerelief.co/tenants/
For more information about our property service to home sellers and landlords/ladies, please go to https://homerelief.co/landlord
For properties to rent and let, go to https://homerelief.co/property-search/
For weekly property news and updates, please read our weekly posts.
Thank you for reading this post.
We look forward to receiving your regular visits to Home Relief website and to doing business with you throughout 2019.
Home Relief – freelance e-property people dealing with affordable homes