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opinion on offer

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Comments

  • david29dpo
    david29dpo Posts: 3,984 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    yes, but i think he should keep his "wisdom" to himself. what if you had paid £2.50p for the house? what would he offer then? silly i know, but put that theory to him and see what happens!
  • Tassotti
    Tassotti Posts: 1,492 Forumite
    look at https://www.hometrack.co.uk to see Sales to Asking Price ratios in your area and see if it compares.
  • PoorDave
    PoorDave Posts: 952 Forumite
    500 Posts
    david29dpo wrote:
    one small point, what on earth as the price you paid for it got to do with his offer?

    As a basis for seeing if the amount being asked is massively over what would be a reasonable increase over the time since purchase, perhaps?

    For instance, if a vendor has seen newspapers saying prices rising at 20% per year and has applied this to get their sale price, rather than prcing according to their own area
    Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery
  • david29dpo
    david29dpo Posts: 3,984 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    but its not the vendor, its the buyer!!
  • What you paid for th ehouse when you bought it is not important - its worth what someone will pay for it. Be polite, but tell then that its less than you would like and I bet he comes back and ups his offer.
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