Confused first time seller
We basically had a few viewings and only have 2 offers coming in very low - £25k below our asking price. We have found a property we love which we offered full price a couple of weeks ago. Now that we have these offers realistically we can no longer go full price on the one we want to buy and unluckily, the sellers also now just received offer above asking price for theirs so our chance is slim. We are basically not in a huge rush to move yet and can wait once the market stabilise especially given we do not have a mortgage now but will need one to buy a bigger place. Our agent has bene basically telling us to accept the offer as he said houses that fit our criterias will come on the market in June/July. Are we missing anything or financially sensible in the current market for us to stay put? Agent said it does not cost us anything to accept the offer not sure if that is true?