PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Viewing another property, same agent - how to play?

Hi all,

Currently renting and trying to buy. Found a place, but best & final offer at 97% of asking price was rejected earlier this week so walked away.

I'm viewing a place tomor with the same agent. When I called to make an appt, EA said 'so you're not buying place A, then?' To which I said, well no, not at the moment. Curious as to what my 'file' says!

Anyway, place B is on market for £5k more than place A, but needs work. Asking price is £10k over my limit. I have tried to be as circumspect as possible as to the max I can afford, but not sure whether the agent 'knows' my limit.

Seeing as I would only be able to buy place B if they took an offer (my max would be around 94% of asking price), should I:
  • Ask the EA directly whether the vendors are likely to accept an offer?
  • Ask roundabout questions about the vendors' circumstances and try and gauge things that way?
This may all be a moot point, as I might not like the place(!) but after my previous experience I'd like to try and establish earlier whether I am wasting my (and their) time.

Sorry if this is a bit longwinded.

Comments

  • andys15
    andys15 Posts: 1,102 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    When i previously bought a house, I did what you're doing but for a purpose, to worry the owners of the house we wanted. I had offer rejected, on our 3rd visit to the house, so went to view another house with the same agent on the hope that the agent would tell the vendor. Not sure if it worked but the offer was accepted 2 days after viewing the "other" house.
    Debt free. March 2020
    Mortgage free-August 2021
    Planned retirement date- 19/5/2026
    £29500 saved. Target £420000(19/05/2026)
  • dats
    dats Posts: 78 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thanks, Andy. Yeah, that had crossed my mind. Vendor seemed so immovable, though. Even after my second offer, all I got was 'want something closer to the asking price...' so I guess I wasn't surprised.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.1K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.7K Spending & Discounts
  • 239.3K Work, Benefits & Business
  • 615.2K Mortgages, Homes & Bills
  • 175K Life & Family
  • 252.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.