Bit of an experiment

FTBFun

brit1234 wrote: »

I would take the offer ASAP from what I am hearing are prices are starting to fall close by in Clapham Common finally which is good news.

Where are you hearing this from?

Pimperne1

brit1234 wrote: »

I would take the offer ASAP from what I am hearing are prices are starting to fall close by in Clapham Common finally which is good news.

Interesting that considering that your signature seems to indicate that the opposite should be the case.

Pimperne1

Pete111 wrote: »

*Update*

We were just about to rent the flat out again to a couple who were offering us a 5% uplift but had a sales offer in from what would have been the final round of viewings.

The offer is at only 4% below asking so they are obviously reasonably keen. Will push for a touch more I think...

Quite frankly, in the current climate and even if you think you have your property on at a realistic price, I would certainly take the 4% below offered price (indeed there are some commentators who would have you believe that achieved prices are 30% to 40% below offered prices).

If Jonathan is to be believed you could accept your 4% below offer and then offer 30% to 40% off what someone else is trying to sell their house for.

Pete111

Pimperne1 wrote: »

Quite frankly, in the current climate and even if you think you have your property on at a realistic price, I would certainly take the 4% below offered price (indeed there are some commentators who would have you believe that achieved prices are 30% to 40% below offered prices).

If Jonathan is to be believed you could accept your 4% below offer and then offer 30% to 40% off what someone else is trying to sell their house for.

Umm why would we take the first offer unless it was asking price? We don't even need to sell (please see original post).....haven't you guys heard of negotiation?

If we say 'you will need to come up a bit' and they say 'no, take it or leave it' then it's a binary choice and very different. At this stage noone has drawn a firm line in the sand.

Oh and we won't be buying anything with the proceeds. Selling will basically mean we will pay off the mortgage on our house by Xmas.

Pete111

brit1234 wrote: »

I would take the offer ASAP from what I am hearing are prices are starting to fall close by in Clapham Common finally which is good news.

Clapham common may as well be Mars for it's relevance to Wimbledon House prices.

And 'what you are hearing' is usually selective in the extreme - Like your sig was until we bugged you enough about it....

CRASH_BANG_WALLOP

Just sell the thing and stop boring us to tears

Pete111

CRASH_BANG_WALLOP wrote: »

Just sell the thing and stop boring us to tears

(Must be awful being forced to read threads eh?)

Pete111

Sale agreed - 2% below asking. Long way to go to completion obviously but nice to have agreed a price

Just hope some little scrote doesn't burn it down...

Pimperne1

Pete111 wrote: »

Sale agreed - 2% below asking. Long way to go to completion obviously but nice to have agreed a price

Just hope some little scrote doesn't burn it down...

I would have held out for asking price if I were you.

kabayiri

Pete111 wrote: »

Sale agreed - 2% below asking. Long way to go to completion obviously but nice to have agreed a price
....

Congrats, but it wasn't really an experiment was it?

Real experiments have bunsen burners, test tubes, people in white coats, and things catching fire.