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FTB Offering over asking price??
rocketchimp9
Posts: 86 Forumite
Hey just thought I would ask if anyone has come across this in these market times. Me and the OH have seen a house that we really like been watching it since it came on the market in February and has had a price drop of 10K since that time. Recently they dropped the price by 20K with a price now of "offers in excess of 209K".
We looked around the house and decided to offer 210K as they were including a reasonable amount of fixtures and fittings. We are FTB so in a great position and when looking around the vendor said they had found a house they want and were looking for a quick sale.
The EA got back to use and said they couldnt accept 210K as that would not enable them to buy this house they wanted. The EA asked us to improve our offer as there is another potential buyer. We are a little confused as we have offered over the asking price and they already had an offer on the property they wanted when we looked round.
Do you think this is the EA playing games? Sorry for the long post
We looked around the house and decided to offer 210K as they were including a reasonable amount of fixtures and fittings. We are FTB so in a great position and when looking around the vendor said they had found a house they want and were looking for a quick sale.
The EA got back to use and said they couldnt accept 210K as that would not enable them to buy this house they wanted. The EA asked us to improve our offer as there is another potential buyer. We are a little confused as we have offered over the asking price and they already had an offer on the property they wanted when we looked round.
Do you think this is the EA playing games? Sorry for the long post
Moved in 12/09 Mortgage 126K
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Comments
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More like they are being numpties. If they market it as 'offers over 209k' yet say 210k is not enough, why not put it on for the figure they do want?
Personally I'd be inclined to say to the EA you have made a valid offer and you will leave the offer open for a week, then you will withdraw it.For every complex problem there is an answer that is clear, simple and wrong.0 -
Agreed, just say the offer is there and won't increase. However you will be viewing other properties so the offer can be withdrawn as you please.0
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How much lower is £209 from the typical asking price?
If everyone else is asking £240, and they want in excess of £209, then obviously £210 wont be enough. We need more details.
And usually, you start lower than what they want! So you should have started at £200k, and got a feel of the reaction from the vendor, and then the estate agent should tell you what figure they are actually looking for.0 -
You need to tell the agent to stop being a pratt and tell you what price is being sought to waste everyones time.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
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