Would you accept a lower offer...?

[2moveornot2move]

from a chain free cash buyer?

After finally selling our house we will be in this position - living in rented with the cash from our sale in the bank, no mortgage needed. My thinking is that this makes us the ideal buyer and as such we could negotiate a very good deal.

My sister says this is nonsense, that it doesn't matter where the money comes from and that people are happy to wait in a chain to get more money.

I get her point so just wondering, what would you guys do?

@Littleblueted That may have been the case when it was a seller's market. But as it pivots round to become a buyer's market, as it is, cash is increasingly becoming king, much to the frsutration of many sellers, who would like nothing more than limitless mortgages to be showered on any old subprime borrower.

We were a chain free buyer but definitely not cash. We'd sold our house and were renting. The sellers were fed up with cheeky offers in a falling market and were also ready to complete on another house.
Unknown to us we offered 5k less than the couple who viewed half an hour before us. The sellers accepted our offer, told the estate agent, he thought we wouldn't muck them about and we weren't in a chain.
Thankfully they stuck with us when the huge Ulster Bank IT mess up delayed our mortgage by weeks!

We just sold, had multiple offers and took one for 2% less than top offer to go with a cash buyer rather than a chain yet to sell..