How it works
Offerhive is an agent-powered iBuyer platform which connects sellers with a Member of The Guild of Property Professionals and a certified Property Buying Partner: to repair broken chains and mitigate the risk of fall throughs.
With Offerhive, you can offer your customers the choice between selling via private treaty (traditional sale), modern method of auction or via Offerhive.
Once you have entered your customers’ details into the Offerhive platform, we will come back with an offer from our Property Buying Partner within 72 working hours, for you to onward communicate to the customer.
A seller does not have to be registered with you to use Offerhive, allowing you to help repair a chain further down the line. All you need to do is tell us that the seller is using another agent!
Simply provide us with your customer's address, validate details about the property and tell us about its current condition.
Property information we will need from youBased on the property details, our algorithms use data from market-leading sources to generate a Provisional Offer Range.
What is a Provisional Offer Range?We look at more than just a powerful algorithm - we evaluate all the factors about a property. Our Property Buying Partners' detailed review takes approximately 72 hours. Once it's completed, the Property Buying Partner will send you the offer to pass on to your seller for approval.
How we value your homeYour seller may have some questions about the offer which you can help answer. If your seller is happy with the offer, notify the Property Buying Partner via the Platform and work to organise the next steps in the Offerhive journey including the completion of the Memorandum of Sale.
Upon the completion of the Memorandum of Sale, organise an in-person visit to the property with the seller and the Property Buying Partner. This gives our Property Buying Partner an opportunity to verify the condition of the property.
What happens during a viewing assessmentOur Property Buying Partner will confirm the purchase price for you to pass on to the seller. If the seller remains happy with the price, the sale can proceed. You will be able to give your customer the choice for a completion and moving date, giving them a seamless selling experience.