Direct Answer: Whether to counter-offer or accept depends on interest from other buyers, your price expectations, and how the offer compares to recent Melbourne sales. If the offer is fair and there’s minimal competing interest, accepting may be wise. If the buyer has more room and your agent advises, a counter-offer may result in a better deal—but know when to hold or fold.

Why This Matters

A counter-offer signals you’re open but expect better. However, countering too high may see the buyer walk away, especially without other prospects in play.

How to Decide

• Ask your agent what the buyer’s feedback and urgency are.
• Check comparable suburb sales over the last month.
• Understand your bottom line and the days your home’s been listed.

Options

• Counter with a small reduction to keep the buyer engaged.
• Accept if the offer is reasonable and fits your needs.
• If interest is strong, set a deadline for offers and play buyers off each other.

Melbourne/VIC Context

Melbourne buyers are often price-sensitive. Appraised value, supply, and auction conditions shape what’s possible. Agents should provide factual buyer feedback and comparables before making recommendations.

Questions for Your Agent

• Do you know if this buyer has other options?
• Has another party shown interest recently?

When to Get Another Opinion

If you feel pressured or uncertain, Collings Specialists can review all offers and advise without bias.

Related FAQ

• Can I make multiple counter-offers?
• What happens if I counter and the buyer walks?

Ask a Collings Specialist for a confidential offer review