# Selling advice: Five expert tips on how to avoid gazundering when selling your home to save you money Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2020-11-22 Category: BUSINESS Category URL: https://financedigest.com/category/business Meta Title: Top Tips to Avoid Gazundering When Selling Property Meta Description: Discover expert tips from Good Move on minimising the risk of gazundering. Learn how to prevent buyers from lowering their offer last minute. URL: https://financedigest.com/selling-advice-five-expert-tips-on-how-to-avoid-gazundering-when-selling-your-home-to-save-you-moneyhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/untitled-design-2020-11-22t234247-1736838718366-compressed.jpg) _By **Nima Ghasri,** Director at regulated property buyers, [Good Move](https://goodmove.co.uk/) offers five helpful tips on how to minimise the risk of gazundering when selling your home._ - Regulated property buyers, Good Move share five tips on how to avoid gazundering when selling your home Gazundering, or the process of a buyer lowering their initial offer on the previously agreed-upon sale price, is a scary concept for sellers, but how do you prevent it from happening? **Set a date for exchanging** Although not all purchases can work like this, it’s always advisable to get a potential date in place for exchanging contracts. This way, everyone has a date to work to, and it will help encourage buyers and solicitors to move quickly. **Get the survey done quickly** If you know what’s likely to [come up in your house](https://www.financedigest.com/uk-house-prices-speed-up-but-slowdown-coming-nationwide-says.html "UK house prices speed up but slowdown coming, Nationwide says") survey, it’s always a good idea to get it fixed before selling your home to help speed up the survey process. I’d also advise getting your survey out of the way as soon as you can. If your buyers are selling too, apply some pressure for them to get their survey done quickly too, so everything can move smoothly and quickly. **Be realistic and honest** You should never inflate the value of your [home and you should always be honest and realistic about any repairs or damages to your property](https://www.financedigest.com/simplifying-home-insurance-through-property-characteristics-data.html "Simplifying home insurance through property characteristics data"). A survey will highlight any issues, anyway, so always be upfront to help speed up the process. What’s more, if you [set your asking price](https://www.financedigest.com/oil-prices-set-for-first-weekly-drop-since-august-as-supply-concerns-ease.html "Oil prices set for first weekly drop since August as supply concerns ease") above where it should be, there’s more chance that a buyer might lower their offer, so be realistic about the price to help prevent gazundering. **Look out for** [warning signs](https://www.financedigest.com/why-training-your-staff-is-key-in-spotting-the-warning-signs-of-a-cybersecurity-breach.html "Why training your staff is key in spotting the warning signs of a cybersecurity breach") It’s not always easy to spot, but there are certain warning signs to look out for to prevent gazundering. For example, if a buyer offers significantly over your asking price, this can be a red flag as they might be [planning to knock down that price](https://www.financedigest.com/eu-seeks-to-break-impasse-over-gas-price-caps-no-regret-plan-floated.html "EU seeks to break impasse over gas price caps, ‘no regret’ plan floated") the closer you get to exchange. Although it may seem like you’re missing out, [accepting a more realistic offer](https://www.financedigest.com/uk-trial-lawyers-to-end-strike-after-accepting-government-pay-offer.html "UK trial lawyers to end strike after accepting government pay offer") can prevent you from being gazundered and losing more money later on. **Move quickly** Obviously, everyone would prefer the process of buying and selling to be quicker but to avoid gazundering you should always try to move as quickly as possible. Make sure that your solicitors can [move fast](https://www.financedigest.com/microsoft-unveils-ai-office-copilot-in-fast-moving-race-with-google.html "Microsoft unveils AI office copilot in fast-moving race with Google") and that they have all of the information they’ll need from you ahead of time and stay in regular contact to make sure they’re pushing through the sale. Nima concludes: “Gazundering is sadly a common problem in the [housing market](https://www.financedigest.com/uk-housing-market-keeps-momentum-but-slowdown-ahead-halifax.html "UK housing market keeps momentum but slowdown ahead: Halifax"), but there are ways of going about it and dealing with it effectively. If you’re in the unfortunate position of having an offer on your home lowered, make [sure](https://www.financedigest.com/making-sure-you-are-compliant-when-working-in-the-finance-industry.html "Making Sure You Are Compliant When Working in the Finance Industry") you speak to a financial advisor or your estate agent before you make any moves. “If you think that the offer is unfair and that the buyer is just pushing their luck to see if you’ll accept a lower offer, you could try [standing firm](https://www.financedigest.com/dollar-stands-firm-while-traders-await-cpi.html "Dollar stands firm while traders await CPI") on your agreed-upon price. Alternatively, if your survey has [turned](https://www.financedigest.com/can-crowdfunded-property-turn-rundown-neighborhoods-around.html "Can crowdfunded property turn rundown neighborhoods around?") up some issues with your property and your buyer thinks the property’s initial price was too high considering this, you can always offer to renegotiate the asking price. Hopefully, these [tips will help anyone selling their home](https://www.financedigest.com/tips-for-preparing-your-car-and-home-for-extreme-weather-conditions.html "Tips for Preparing Your Car and Home for Extreme Weather Conditions") to avoid being gazundered.” For further tips on this topic, head to [https://goodmove.co.uk/blog/what-is-gazundering/](https://goodmove.co.uk/blog/what-is-gazundering/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---