How much under the asking price can you bid in Denmark? Setting your bid
Bids in Denmark are secret, and the seller is not bound to the highest bid. How to anchor your bid to sale prices, the public valuation and days on market, and when to bid under or over.
Updated: 2026-07-17
The short answer: the asking price is the seller’s wish, not a fixed answer. Many homes sell below it, but by how much varies with rates, area and supply, so the figure must always be read locally.
Anchor the bid to sale prices
The strongest anchor is what comparable, recently sold homes actually traded for, that is the sale price, not what they were advertised at. Also compare with the public property valuation as a rough reference. Two homes with the same asking price can have very different realistic prices.
Read days on market as negotiating room
Days on market is the number of days a home has been for sale. Long days on market signal room to bid under, short days on market in a fast market mean less room. It varies strongly by municipality and season, so compare where possible with homes sold at the same time of year.
Bids are secret, and the seller chooses freely
In Denmark you typically do not see other bids, and the seller is not obliged to accept the highest. Other terms, like completion day and conditions, can weigh as much as the price. A clean, well-timed bid with a sensible completion can beat a slightly higher bid with conditions.
When to bid under or over
Bid under with long days on market, price cuts and few other interested buyers. Be closer to or over the asking price with short days on market and several bidders. The agent works for the seller, so your own research on sale prices is your counterweight, that is how you avoid bidding against yourself.
Protect yourself in the bid
Add an advokatforbehold, so the deal is conditional on your property lawyer’s approval, and remember a signed bid or purchase agreement is binding with only 6 business days of withdrawal against 1 % compensation. To see what each hundred thousand over or under does to your monthly cost, paste the listing into Heimer.
Terms to know
Common questions
Can I bid under the asking price?
Yes. Many homes trade below the asking price, but by how much depends on the market, days on market and area. Anchor your bid to actual sale prices, not the asking price.
Do I see the other bids?
No, bids are generally secret in Denmark. You do not know what others have bid, only what you are willing to give.
Must the seller take the highest bid?
No, the seller chooses freely and can weigh other terms than the price, for example completion day and conditions.
What do I anchor the bid to?
Sale prices on sold neighbouring homes, the public property valuation as a rough reference, and the days on market, which shows the negotiating room.
Is a bid binding?
A bid can become binding on acceptance. Use a lawyer clause, and remember a signed bid or purchase agreement has only 6 business days of withdrawal against 1 % compensation.
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