After seeing the results of the survey my buyer wants to reduce his offer - what can I do?

After seeing the results of the survey my buyer wants to reduce his offer - what can I do?

Anthea Masey (Private Sales Expert) gives expert video advice on: My buyer has dropped out - what can I do? and more...

If your buyer wants to reduce his offer, on the back of the results of the survey that they have received, there are several things you can do. You can certainly ask the buyer what are the things that concerned them in the survey and you can offer to put them right yourself. This can often be cheaper than accepting a lower price, 'cause quite often buyers use the excuse of the survey to actually reduce the price by more than the value of the works that need to be done. That certainly is one strategy. The other strategy is to get quotations for the work that might be needed to illustrate that it's not actually going to cost the buyer quite as much to put right, as they originally thought.