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Full and Final Offer
Comments
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Go easy on them, they haven't had to pass any exams.MissMotivation wrote: »Yes, of course, it must be the Estate Agents fault.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
DVardysShadow wrote: »Go easy on them, they haven't had to pass any exams.
Really?.....My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
Well, if I am mistaken, you are free to be harder on them.MissMotivation wrote: »Really?.....Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
DVardysShadow wrote: »Well, if I am mistaken, you are free to be harder on them.
It was that you said that they hadn't had to pass any exams which, implied to me that no estate agent had passed exams.
That is what I'm querying.My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say
Ignore......check!0 -
That is the same logic as saying that MissMotivation does not have to post here, therefore she has not posted here.MissMotivation wrote: »It was that you said that they hadn't had to pass any exams which, implied to me that no estate agent had passed exams.
That is what I'm querying.
Plainly, you don't have to post here, but I can't use that to prove that you haven't - I could be confounded by the sight of a post from you.
Equally, if I say that Estate Agents do not have to pass exams, you cannot seriously think that I am implying that none of them have.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
I don't see what the issue is here to be honest.
It's not a game at all ... it is a simple sale, like a car.
You have a buyer who has put in a Final Offer - you have told the EA that you want £16k more than the offer - the EA will have relayed that back to the buyer and the buyer has gone elsewhere to buy.
No need for the EA to make any other contact unless the situation changes ... they are acting on your behalf as Vendor.
Some sellers forget one simple rule in todays market - the buyer is king ......
If you are serious, really serious, then you would offer £16k less than you would have on the property you are hoping to buy. If you are selling and not buying then you must ask yourself if you will have to accept a bigger drop than £16k in, maybe, 3 months time? A buyer in the hand is worth 5,000 viewings!!
The market is falling - it could collapse if Greece defaults and the Eurozone contracts, you may have to accept much less down the line.
It's up to you - but I would bite the buyers hand off - as long as they are willing and able to proceed.Bringing Happiness where there is Gloom!0 -
Is 144k a fair offer..only you know the market where you live...when will the next offer come and can you wait? your callIt is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
Sounds like you are still in the "game" as you are still thinking about it. I think its time for you to give them your "full and final offer" lets say £155
And wait.......Nothing is more damaging to the adventurous spirit within a man than a secure future. - Alex Supertramp0 -
Of course it's a game. It's just that the stakes are a little higher.
The problem is, you haven't played against this player before, so you don't know their strategy. They may be an inexperienced player, who makes their 'best' offer straightaway, or at least fairly soon after their first offer.
Or they may be an experienced player, who knows your game, is letting you sweat, and might tease you with an 'absolutely final offer' in a week or two's time.
How you play it depends on how much you need this buyer, and whether you're content to leave it on the market in the hope something better comes along.
One thing's for sure. They don't seem to be in a hurry, and don't seem likely to go to £160k, so I might be tempted to sit tight for another couple of weeks and see what happens.
But, as ever, it's your call!0 -
Have you considered the fact that £160k may be overpriced for your local market? (I have no idea, just a suggestion).
I can't believe how much a neighbour was asking for this house originally
http://www.rightmove.co.uk/property-for-sale/property-19476279.html
If you have property bee you can see it was originally put on the market for £117k in August. When they returned from cloud cuckoo land the price has gradually been reduced, but still think they will be lucky to get more than £85k. Considering one (a repossession admittedly) has just had an offer for £78k.
Is your home realistically priced at £160k?
I wish you luck either way. x0
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