I'm a cash buyer, should I reveal this to the seller's estate agent?

Drakon

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I am close to making an offer on a house, but there is something I'd like some opinions on. I will be a cash buyer. Up 'til recently I assumed it was best to keep this to myself; I thought that if the estate agent knew that I was a cash buyer that he'd assume I'd buy for a higher price than if I was using a mortgage (i.e. that I could always get a mortgage for the extra bit, if you catch me drift).

However, after reading Carol Tallon's Irish Property Buyers' Handbook, and after watching Desperate House Buys on RTE, I get the impression that it's better to reveal that I'm a cash buyer as it will be a faster sale with less memo-tennis.

Any thoughts?
 
Absolutely!
EA's on the contrary expect cash buyers to drive a harder bargain because they can deliver a quick sale , which for the EA is easier, neater and more definitive than any approval based offer.
 
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