Picture this: You’ve found your dream home, or maybe you’ve finally accepted an offer on your property. You start planning your move, mentally arranging the furniture… and then, boom—the sale falls through. It’s frustrating, costly, and sadly, all too common.
In fact, fall-throughs are up 48% from last year—a staggering 10% higher than the six-year average. If you want to avoid the heartbreak (and financial hit) of a collapsed sale, a Reservation Agreement is your golden ticket.
At Harrison Homes, we’ve cracked the code. Our sales secured with a Reservation Agreement have a 94% success rate, compared to the national average where one in three sales collapse.
So, why isn’t everyone using them? Let’s break it down.
🔒 What is a Reservation Agreement?
Think of it as a relationship contract for property transactions. Buyer and seller both commit financially to seeing the sale through. If either party backs out unfairly, they compensate the other. Simple, right? And incredibly effective.
🚀 The Seller’s Advantage: Stop Wasting Time & Money
1️⃣ No More Time Wasters
Ever taken your property off the market, only for the buyer to disappear? You’re not alone—24% of sales fall through simply because the buyer changes their mind. With a Reservation Agreement, they’re locked in, giving you peace of mind.
2️⃣ Bye-Bye Gazundering
Ever had a buyer slash their offer just before exchange? It’s a nasty trick, but a Reservation Agreement makes it much harder for them to play those games.
3️⃣ Fast-Track to Completion
With buyers committed, you can move forward with confidence. No more second-guessing if the sale will actually go ahead.
📢 Real Talk: We’ve had sellers turn down a Reservation Agreement, lose their buyer, then come back insisting on one the second time around—learning firsthand how valuable they are.
🏡 The Buyer’s Advantage: Lock in Your Dream Home
1️⃣ No More Gazumping
Nothing stings more than having your dream home snatched away. 14.5% of sales fall through because sellers accept a higher offer. A Reservation Agreement locks in your deal so you don’t get outbid at the last minute.
2️⃣ Confidence in the Process
Buying a home isn’t cheap—surveys, legal fees, mortgage applications all add up. A Reservation Agreement means your investment isn’t at risk because of a flaky seller.
3️⃣ Stand Out from the Competition
In a busy market, sellers love serious buyers. Being willing to commit makes you a more attractive choice, putting you ahead of the competition.
🏆 Why Reservation Agreements Are the Future of Property Sales
It’s no coincidence that new-builds and auction sales—where reservation-style agreements are standard—have the highest completion rates. When both parties are financially committed, the chances of a sale falling through drop dramatically.
At Harrison Homes, our experience speaks for itself. A significant number of sales agreed without a Reservation Agreement ultimately collapse. That’s why we offer this protection—achieving a 94% success rate. In fact, we are the only local agent providing this level of security. With fall-through rates on the rise, Reservation Agreements aren’t just a smart choice—they’re essential.
💬 Ready to Secure Your Sale?
Don’t let uncertainty derail your sale. Contact Harrison Homes today on 01795 474848 and take control of your property transaction.