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145K House - vendor says she's refused 143K offer?

2

Comments

  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Erm quite easily, the market still exists whether or not there is an EA involved!

    Yes, but if a property is 'on the market' - i.e. advertised, publicised, made known to the public in some way - it's not a 'private sale'

    A private sale is agreed between buyer and seller without openly showing that the house is for sale, surely......
  • joolsybools
    joolsybools Posts: 1,595 Forumite
    googler wrote: »
    Yes, but if a property is 'on the market' - i.e. advertised, publicised, made known to the public in some way - it's not a 'private sale'

    A private sale is agreed between buyer and seller without openly showing that the house is for sale, surely......

    My understanding of a private sale is that it is a sale which does not involve an estate agent. Fairly rare in this country but not uncommon in countries like France aparently.
  • joolsybools
    joolsybools Posts: 1,595 Forumite
    Anyway, back to OP, it sounds like the vendor has set their price at the lowest amount they would accept with no room for negotiation. Good luck to her but I would be surprised if she sells very easily if she is not open to some kind of negotiation.
  • Nikel
    Nikel Posts: 282 Forumite
    For me a silly offer would be offering £449,950.
  • FATBALLZ
    FATBALLZ Posts: 5,146 Forumite
    Doesn't sound like a serious seller, I wouldn't waste my time thinking you could actually buy the place. I'd probably put in an offer of £110k or something though just to wind them up.
  • Greatgimp
    Greatgimp Posts: 1,055 Forumite
    Part of the Furniture 500 Posts Academoney Grad Name Dropper
    googler wrote: »

    A private sale is agreed between buyer and seller without openly showing that the house is for sale, surely......
    Then how could you tell the buyer it's available to buy without openly showing that the house is for sale?
  • FATBALLZ wrote: »
    Doesn't sound like a serious seller, I wouldn't waste my time thinking you could actually buy the place. I'd probably put in an offer of £110k or something though just to wind them up.
    or put in an offer for the full asking price and withdraw it a week later ... oh dear it will sound like you are not a serious buyer :rotfl:
  • zaksmum
    zaksmum Posts: 5,529 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sorry I should've made it more clear...! When I said there's no EA involved I meant no face to face EA to speak to. The house is being marketed via House Network which is a (sort of) private sale company. There's no EA contact and when I asked to view the house it was arranged via email and I was told "Just knock and speak to the vendor. Don't wait for the EA because there isn't one".

    The vendor's lived in the house three years and has spent a lot of money on it, but the area does let it down a bit. And although there are much cheaper properties in that area, they are nothing like as nice.
  • zaksmum wrote: »
    The vendor's lived in the house three years and has spent a lot of money on it, but the area does let it down a bit. And although there are much cheaper properties in that area, they are nothing like as nice.

    £70k not as nice? because you can tart up a house quite nicely with that kind of money...
    Thinking critically since 1996....
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    zaksmum wrote: »
    Sorry I should've made it more clear...! When I said there's no EA involved I meant no face to face EA to speak to. The house is being marketed via House Network which is a (sort of) private sale company.

    Says it all really. People who use HN have huge confidence in their property and usually use about 28 pictures to prove it. Often, all they do is highlight their own particular brand of bad taste.

    No doubt the sellers have misplaced confidence in their negotiating ability too, as they have demonstrated.

    The vendor bought the house just at the end of the boom, spent a lot on it and now cannot countenance 'giving it away.'

    If you are interested enough, have a look on Nethouseprices to see what was paid and what similar houses in that location are fetching. The latter figure will be close to the amount the house is worth, because prices are set by those who actually sell, not those who would like to, on their own terms.

    ...Anyway what I meant to say was, would any sane person choose to live 150m from a motorway? ;)
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