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Negotiating tips please
Dukes_of_hazard
Posts: 87 Forumite
Well we have made an offer !
The house is on the market for £499.950 and we offered £469950. No real suprise when the offer was rejected , with the EA saying they wanted a figure much closer to the asking price.
Considering we do not want to go much higher than £485000 (although would probably go to 490, what should be our next move.
Should we wait until tomorrow to come back , how much should be our next offer. We dont want to appear desperate.
Personally I think a next offer of between 477 and 480 is about right.
Help , we are rubbish negotiators !!
The house is on the market for £499.950 and we offered £469950. No real suprise when the offer was rejected , with the EA saying they wanted a figure much closer to the asking price.
Considering we do not want to go much higher than £485000 (although would probably go to 490, what should be our next move.
Should we wait until tomorrow to come back , how much should be our next offer. We dont want to appear desperate.
Personally I think a next offer of between 477 and 480 is about right.
Help , we are rubbish negotiators !!
Easy Money
0
Comments
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Dukes_of_hazard wrote:Well we have made an offer !
The house is on the market for £499.950 and we offered £469950. No real suprise when the offer was rejected , with the EA saying they wanted a figure much closer to the asking price.
Considering we do not want to go much higher than £485000 (although would probably go to 490, what should be our next move.
Should we wait until tomorrow to come back , how much should be our next offer. We dont want to appear desperate.
Personally I think a next offer of between 477 and 480 is about right.
Help , we are rubbish negotiators !!
How long has the house been on the market, how desperate are the current owners to sell and how popular has the house been for viewings?0 -
Not up on the whole house thing, but surely an offer of around 480 is sensible upping to 485 and then maybe a 486 thinking "its a last offer". lol.
Like I said, I dunno!!! lol0 -
I think the house has been on the market 6 weeks and has had a fair amount of viewings. Its in very good condition so there is not a lot I can use as leverage.
How do you appear less desperate ? wait a day or two to offer again ?? wait for the EA to call you back.
Also if someone else came in with a better offer in the meantime would the EA let us know this and give us the chance to counter .
NightmareEasy Money0 -
How do you appear less desperate ? wait a day or two to offer again ?? wait for the EA to call you back.
Wait for the EA to call you, You could phone the EA in 2 days if you haven't heard anything.Also if someone else came in with a better offer in the meantime would the EA let us know this and give us the chance to counter .
Yes.
Think about how much you think the house is worth and at what point you are prepared to walk away.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Not being rude, but how an earth someone afford to buy a £485000 house?!!!! I think im on decent money but even if I got 5 times my salary i wouldnt even be able to afford half that! Im just curious!0
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probably not a first time buyer, probably using profit from a previous house.. my friends recently bought a £300,000 but as they had bought and sold a few houses over the years the morgage is only £50,000.biblejohn wrote:Not being rude, but how an earth someone afford to buy a £485000 house?!!!! I think im on decent money but even if I got 5 times my salary i wouldnt even be able to afford half that! Im just curious!Those we love don't go away,They walk beside us every day,Unseen, unheard, but always near,
Still loved, still missed and very dear
Our thoughts are ever with you,Though you have passed away.And those who loved you dearly,
Are thinking of you today.0
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