What does a low offer say about YOU?

Blobby8_2

Percy1983 wrote: »

I will only offer what I think a house is worth, what an awful person I am.

Wow, that much. I'll be looking for a bargain.

Percy1983

GHOUL_FREE_ZONES wrote: »

Very true. I'd suggest offering 5% above the asking price to make sure that you secure that dream home before someone else snaps it up.

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kabayiri

GHOUL_FREE_ZONES wrote: »

Very true. I'd suggest offering 5% above the asking price to make sure that you secure that dream home before someone else snaps it up.

That's funny.

I'm planning our new 'dream kitchen'. The guy I saw today didn't suggest offering 5% more just to secure it, in case there is a global rush on wood or taps or something.

What a banana he must be. I'm surprised he is still in business

Percy1983

kabayiri wrote: »

That's funny.

I'm planning our new 'dream kitchen'. The guy I saw today didn't suggest offering 5% more just to secure it, in case there is a global rush on wood or taps or something.

What a banana he must be. I'm surprised he is still in business

Banana's are radioactive you know.

Can't believe how silly I have been, I thought if a house was worth 7% less than the asking price I should offer 7% less, it is clear I should pay 5% above the over inflated asking price as that will really help me out and keep my mortgage smaller.... oh wait....

RabbitMad

Kohoutek wrote: »

Not in my experience.

Being an estate agent must be the only "profession" that doesn't require professional (or any) qualifications.

Err, what about the oldest profession?

DervProf

GHOUL_FREE_ZONES wrote: »

10% over the asking price marks you out as being a serious buyer and seperates you from the rest of the plebs and renters.

Or it marks you out as a fool who listened to the advice of an ***ehole on an internet forum.

Percy1983

GHOUL_FREE_ZONES wrote: »

Offer low, nobody takes you seriously and someone else pips you for your dream home. Offer high and you might just get it. 10% over the asking price marks you out as being a serious buyer and seperates you from the rest of the plebs and renters.

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Gorgeous_George

That's another minute accounted (they say that there is one born every minute).

This guide sounds more sensible (link).

GG

harryhound

Eton_Rifle wrote: »

Twice I've made low offers and twice it has spectacularly backfired on me.
Both times the vendor later sold to someone else at a lower price than the one I offered.

Even though I'm extremely nice and don't have the the slightest air of a belligerent and self-important housepricecrasher, the sellers were both so insulted by the offer that they just struck me off.

Later they were worn down with time and had to accept lower offers but even though my offers were still on the table, even raised a little, pride prevented them from coming back to me.

Then I had to watch other families moving into the houses we really wanted for less money than I offered.

Did the eventual buyers offer you a commission?

Perhaps you have found a new career as the stalking horse, you hire yourself out to make rude remarks about a property and a joke offer.
Then the real buyer goes in an snaps it up from a grateful seller.

I rubbished a house my daughter wanted to buy and some one else got it 30k cheaper!

twadge_face

GHOUL_FREE_ZONES wrote: »

Offer low, nobody takes you seriously and someone else pips you *snip*

Now that ^^ is funny, lol ^^.

Sounds like you've never bought a home in your life. If you did, you'd know you only make an offer upon condition of it being taken it off the market when the offer is accepted.

What a kick in the Ghoulies! :money:

And come on, what sort of seller puts their place on the market for 10% under the selling price? That IS what you're implying, you know. You really are short of several IQ points.