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Offers in excess of ?
johnbarnes
Posts: 9 Forumite
Hello everyone I am after a little advice please,
I and my partner are FTB and we have seen a house we like but it is priced at "Offers in excess of £185,000", the house is a two bed semi which needs alot of work doing to it, the house next door sold last week for £200,000 but alot of extra work had been done to it.
What I don’t know is why would you put it on with "offers in excess of" and can you offer just the asking price or be cheeky and offer under?
Many thanks
I and my partner are FTB and we have seen a house we like but it is priced at "Offers in excess of £185,000", the house is a two bed semi which needs alot of work doing to it, the house next door sold last week for £200,000 but alot of extra work had been done to it.
What I don’t know is why would you put it on with "offers in excess of" and can you offer just the asking price or be cheeky and offer under?
Many thanks
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Comments
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If you don't think it's worth the £185,000 then you can still offer under. The worst thing they can say is no!
Sometimes 'offers over' is used to drum up lots of interest and initiate a bidding war, but you'd expect it to be be very keenly priced. Sometimes EAs use it as a way of letting their vendors down gently when they have unrealistic expectations on price.Everything that is supposed to be in heaven is already here on earth.
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