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'Offers in excess of ....'
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As others have said, offer what you think its worth, they can word it however they like - offers under, offers over, no offers, whatever. You're the one calling the shots so its up to you. Move on if you dont get it.0
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A good conclusion. I'm really looking forward to seeing it and deciding on what course of action to take.0
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Any ideas/thoughts would be appreciated as I have no experience of the process of properties advertised in this way.
In my experience it is usually not the EA that specifies this stupid tag line 'Offers Over' it is the vendor. As an EA I do not like it even in a better market.A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
Ah thats helpful, thanks. Well at least they should be prepared to pass any possible offers on, then its up to the vendor. They may well think a bird in the hand is worth 2 in the bush and realize they may easily not get the 145,000 they think it is worth 'at least'.0
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The house that we were seriously considering 2 doors away from us now was at £225k and then dropped to OO £180k. We put an offer in for £160k in the end and the vendors said they would accept £165k but it was a little bit too much with our combined max with mortgage and deposit (keeping to 75% LTV) so ignore it, and be friendly but positive wit hthe EANothing to see here :beer:0
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Thanks for your post.
I will get a feeling for it all on Friday and if/what we would want to offer and let everybody know how it went either way.0 -
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One plus Rob, that offers in excess of title will sure put off a lot of ftbs
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Thats true, many will discount it and scroll past it on rightmove without thinking any more of it.0
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that post = windwsjarcmcd wrote: »Personally I would just ignore the 'offers in excess of' part of the advert and offer what you feel it's worth. If that happens to be £130k and the vendor doesn't accept it, move on to the next property.
David
in this market beggars cant be choosers :j :j :j :j
good luck for friday rob, i have my first on sunday :eek:things arent the way they were before, you wouldnt even recognise me anymore- not that you knew me back then
MercilessKiller wrote: »BH is my best mate too, its ok
I trust BH even if he's from Manchester..
all your base are belong to us :eek:0
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