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What does offers over mean in Scotland?

Offers over sets a minimum figure and invites buyers to bid above it. It is used to generate competition, and it works best when the figure sits at or near the Home Report valuation so the property attracts a wide pool of buyers rather than filtering them out.

When offers over works

It works where there is genuine competing demand: a property type in short supply, a strong catchment, or a well-presented home in an area buyers actively target. Competition, not the wording, is what lifts the price.

It fails when the figure is set as an aspiration. Buyers in Scotland read the Home Report and the asking figure together, and a wide gap between them reads as unrealistic before anyone views.

Fixed price and offers around

A fixed price signals that the seller will accept that figure, which suits a quick sale, a property with limited competing interest, or a seller who needs certainty. Offers around sits between the two and is used where the market is thinner.

There is no obligation to accept the highest offer, or any offer. Date of entry, conditions and whether the buyer has a property to sell can matter as much as the number.

Common questions

How far over the asking price do Scottish homes sell?
It varies by area, property type and market conditions, and any single national figure is misleading. Ask for evidence from comparable sales on your own streets rather than a headline percentage.
Can I reject the highest offer?
Yes. Until missives are concluded there is no binding contract, and sellers regularly accept a lower offer with a better date of entry or fewer conditions.

Lothian Property is a property information and professional-introduction service operated by Maybury Scotland Limited. Lothian Property is not an estate agency. Where requested, we may connect homeowners with independent estate agents and other property professionals. How we work.

Written and reviewed by The Lothian Property team, Edinburgh property research team. General information about the Scottish selling process — not legal advice.