keep putting offers?

jules888

Reading all this has me worried again about selling our house!

Brallaqueen

Although I agree with lovelyjoolz in essence (the waiting to spook youinto offering more bit) there is also the point that you really like the property and don't want to lose it.

Instead of suddenly bringing out the drop the offer aspect, it might be worth using the vendor's week of reflection to look at other properties with the same agent, citing that as you hadn't heard back you were looking at other options.

When the vendor gets back to you you might then be able to say that you have seen other, more reasonably priced properties and see what they say when they are faced with losing you. It might achieve the same end without making you look antagonistic and difficult.

At the end of the day you want this house and you seem prepared to pay any price for it. That's your choice and it might mean more to get the hosue you really want than to get a bargain. That's a personal choice.

nat38

AMO wrote: »

In today's buyers market, rather than loads of people bidding for a house and gazzumping, you have it the other way with too many people putting an offer on a house to 'reserve it' and get it off market and then go looking for better houses.

This is morally wrong as it gets the sellers house off the market and you can really change their life in a negative way if you string them along especially in the peak market time by taking their property off the market and then going elsewhere.

Instead make sure you have a second viewing with family to make sure it ticks the right boxes.

Most estate agents will want your solicitor details and reserve to sell the property to someone else if you haven't had a mortgage valuation within 3 weeks - that way they know you're not really serious.

Just to clarify - I would not view any more houses if the offer had been accepted and I believed that the seller was not playing.

nat38

Brallaqueen wrote: »

Although I agree with lovelyjoolz in essence (the waiting to spook youinto offering more bit) there is also the point that you really like the property and don't want to lose it.

Instead of suddenly bringing out the drop the offer aspect, it might be worth using the vendor's week of reflection to look at other properties with the same agent, citing that as you hadn't heard back you were looking at other options.

When the vendor gets back to you you might then be able to say that you have seen other, more reasonably priced properties and see what they say when they are faced with losing you. It might achieve the same end without making you look antagonistic and difficult.

At the end of the day you want this house and you seem prepared to pay any price for it. That's your choice and it might mean more to get the hosue you really want than to get a bargain. That's a personal choice.

Thanks for your comments, this is more in line with how we feel about the house and how we'd like to proceed.
We'd actually thought about asking the EA to view other properties - the problem is that they do not have anything suitable!

DRP

nat38 wrote: »

Thanks for your comments, this is more in line with how we feel about the house and how we'd like to proceed.
We'd actually thought about asking the EA to view other properties - the problem is that they do not have anything suitable!

does it have to be suitable? as long as it is roughly same price or cheaper and same number bedrooms it serves the same purpose

AMO

nat38 wrote: »

Just to clarify - I would not view any more houses if the offer had been accepted and I believed that the seller was not playing.

Yes, its okay to bid, one bid at a time on multiple houses. You need to wait for one offer to be turned down before upping your bid on another house though - i.e. you can't bid simultaneously on multiple houses as you might get more than one acceptance.

It's quite normal to do that. At the end of the day, you want the best price for the house you're going to buy.

nat38

DRP wrote: »

does it have to be suitable? as long as it is roughly same price or cheaper and same number bedrooms it serves the same purpose

you're absolutely right - it looks like I've left my brain somewhere else!