Tricks/Tips for bidding? *help*

Kuztardd

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Doozergirl

Aww, bless you!

Keep increments small and wait as long as you can bear! Days if you can Don't offer in any phonecall where the agent turns down an offer. It does tell them you're desperate and you haven't got a clue.

Try asking what he'll accept if your first offer is rejected. It tells you what you're aiming for at least though you can still offer lower, saying you can't really afford. Asking price sounds pretty fair however based on what was paid in 2003!

imoneyop

I'd agree with Doozergirl - don't be afraid to tell the estate agent that you can't go any higher and walk away (they don't know that you'll be back).

You can then go back a few days later after "getting an extra couple of 1000 from a relative" and make a revised offer.

Doozergirl

Wow! The EA deserves a medal! I can't imagine if she was playing games that she'd be trying to get you to meet at £10k under asking!

Decision tomorrow then maybe?!

Keep us updated! :j

sleepymans

Kuztardd wrote:

Luckily we have a great relationship with the EA, she is wonderful and been unbelievably helpful when a previous place had fallen thru our hands. She had been trying to find another place for us, taken us on lots of viewings, and seems to be hoping for us to get something for a good price.

She has (quietly) said that she felt our first offer was a bit high (and also that the property is overpriced) so has mentioned a much lower price to the Seller
:beer:

The seller has since said that we should meet "somewhere inbetween" which is £10k less than list price, (but is also in reality only a little bit more than we were thinking should be our starting offer)

Thank god she suggested a much lower offer to begin with!



No more bartering till tomorrow as seller is now busy..

Argh!!! another sleepless night!

Roll on Tomorrow, it could be the best valentines present for me and my man!

p.s of course the whole EA/Seller/price thing could be a good storyline to make us pay more, but I really dont think so! maybe there are some nice people out ther

WOW you must have got the EA that I always get landed with when I sell my properties!!
Humph - talk about forgetting who is paying for your services and who, legally you are supposed to be contracted to - "Ms Wonderful EA"!!

I must say I've yet to meet one EA who has ever had my best interests as their priority - despite having paid them many thousands over the years.

MJMum

Humph - talk about forgetting who is paying for your services and who, legally you are supposed to be contracted to

That's what I thought too! :eek:

But then again, maybe she knows what will turn up on the survey :rotfl:

MJMum

I'm sure it will all be fine, honestly. Just surprised to find a "nice" EA to buyers.

Doozergirl

Nearly there! :j

I always buy cheap and I've not been gazumped yet (touch wood). I think it's more about the person than the price.

Hopefully this one isn't on with 3 agents! A sole agent EA is usually just happy to have a sale, they won't push it any further.

Doozergirl

Congratulations!

:j :j :j :beer: :beer: :beer: :j :j :j

That's great news and no chain either?

I'll keep everything crossed that you're in for Easter

Nenen

Doozergirl wrote:

I always buy cheap and I've not been gazumped yet (touch wood). I think it's more about the person than the price.

Doozergirl I have seen soooooooooo many helpful posts from you :beer: Can you tell us any of your 'secrets' for how to buy cheaply please?

Doozergirl

Nenen wrote:

Doozergirl I have seen soooooooooo many helpful posts from you :beer: Can you tell us any of your 'secrets' for how to buy cheaply please?

That's nice of you to say! Not sure if it's true though!

I don't really have too many tips except to not be afraid to make a low offer, leave plenty of time between offers and, most importantly, not be afraid to walk away. There's always another house.

It's a pretty hard rule for someone looking for their family home to apply.

You also can't go around making low offers willy nilly; you do have to apply good logic to any offer you make.

Not much help at all! LOL