In this video, I outline an exercise you can try if you’re really struggling to decide about an offer. After you’ve worked through the selling indicators outlined in video 23 (What to consider when assissing an offer), try this exercise to help even more.

This is something  you could discuss without the agent there. It will get you very clear about what to do.

Let’s say you’re moving to another city for a promotion. Work this through with me. You’ve got three options.

Option one: Don’t go. Stay where you are. Problem solved. Not an option? Fine.

Option two: Keep the house and rent it out, then rent or buy when you move. If you take this option, you must realise two things. First, you’re keeping the house at the offer you have now. Some think when they hang on to a house, in the future, they’ll get more money. This isn’t necessarily true. The money has gone. If all indicators show the offer is at market value, you are keeping it at that price. The second thing to realise is that, with the best intentions of the best property management team in the world, the house will not stay in the condition you leave it in. Not only is there normal wear and tear, but tenants, generally, don’t look after a house the same way an owner does. If that’s not an option? Fine.

Option three: Meet the market. Now I want you to work through what this sale does for you. What will you do with the money? Will you move now? Have a new life? Or a new house? Look forward to what is in store for you on the other side of this sale.