what do you think is going on with this seller?

nat38

We found a house that we liked and ticked all the boxes.It was on for 190k,we put a cheeky offer of 165k and ended up upping it up to 180k (yes, I know...:o) (details can be found here https://forums.moneysavingexpert.com/discussion/4002891). Last offer was about over 10 days ago, seller said she would 'consider' it. Called the EA last week, they said they still hadn't heard from her but they would chase her. Just got a call from them saying they've been phoning her every day and she hasn't got back to them yet. They very apologetic.

What do think it's going on?
We already had the impression she wasn't too sure she wanted to sell, and this seems to confirm it? Surely she can call and reject the offer if 180k isn't still what she wants?? :think:

Mr_Moo_2

Just start looking at some other properties, and let the Agent know. Don't agonise over something you have no control over (the sellers mindset). Just move on.

fluffymuffy

Tell the EA you're now very interested in another property with a different EA. Don't look at anything else your EA is selling. They won't want to lose a sale. We used this tactic recently with success.

Lovelyjoolz

Oh hun, you really do want this house don't you? It must have something special. I'm now dying to see it! Can you put the rightmove link up?

Can the EA give you a few more details of her circumstances? Is this a divorce sale? That might explain why she's being a pain in the !!!!

Is the house for sale through more than one estate agent? Perhaps she has viewings booked and she's hoping for a better counter offer?

TBH, unless you are happy to pay the asking price, I would just forget about it for now. It's been so long I suspect she's not going to accept your £180k offer. However, I suspect that you are not going to be able to let this go.

You know my thoughts already from your other thread (reducing offer to £175k) BUT, this house has clearly got under your skin. I wouldn't do this if it is just any old house, but if you really LOVE the house and are happy to pay £185k or even £190k, then you could increase your offer now and see what happens. If she ums and ahs and leaves you hanging, then you'll know that she doesn't want to sell and you can walk away.

If she accepts, then you've got the house you love. You've already said that it has something that no other houses on the street has, and you don't think you're likely to find one as good. Yes, it's lovely to get a bargain, but you have to look at the bigger picture too. If you're buying a forever house, making a profit should not be your first concern.

nat38

Lovelyjoolz wrote: »

Oh hun, you really do want this house don't you? It must have something special. I'm now dying to see it! Can you put the rightmove link up?

I guess if you see it, you prob won't think much of it, but for us it means the opportunity to have sea views, which we prob could not afford anywhere else. That, plus right number/size of bedrooms plus big garage.

Lovelyjoolz wrote: »

Can the EA give you a few more details of her circumstances? Is this a divorce sale? That might explain why she's being a pain in the !!!!

no, she's already divorced. I think she wants to downsize but to a more expensive area. but she's obvioulsy not in a rush

Lovelyjoolz wrote: »

Is the house for sale through more than one estate agent? Perhaps she has viewings booked and she's hoping for a better counter offer?

nope, just one state agent.
and def not more viewings - it took us two weeks to arrange our first viewing because she would not get back to the EA.

Lovelyjoolz wrote: »

TBH, unless you are happy to pay the asking price, I would just forget about it for now. It's been so long I suspect she's not going to accept your £180k offer. However, I suspect that you are not going to be able to let this go.

Lovelyjoolz wrote: »

You know my thoughts already from your other thread (reducing offer to £175k) BUT, this house has clearly got under your skin. I wouldn't do this if it is just any old house, but if you really LOVE the house and are happy to pay £185k or even £190k, then you could increase your offer now and see what happens. If she ums and ahs and leaves you hanging, then you'll know that she doesn't want to sell and you can walk away.

well,she finally got back to the EA and, as expected, rejected the 180k.
she's been looking at houses all this time,and says she needs more money to afford what she wants to buy, so she wants as close to asking price as possible. even the EA said that's not realistic...

Lovelyjoolz wrote: »

If she accepts, then you've got the house you love. You've already said that it has something that no other houses on the street has, and you don't think you're likely to find one as good. Yes, it's lovely to get a bargain, but you have to look at the bigger picture too. If you're buying a forever house, making a profit should not be your first concern.

I know, I'm just worried I've become obsessed with the house and acting impulsively.

Millie_Millsters

nat38 wrote: »

well,she finally got back to the EA and, as expected, rejected the 180k.
she's been looking at houses all this time,and says she needs more money to afford what she wants to buy, so she wants as close to asking price as possible. even the EA said that's not realistic...

Why did the estate agent overprice it then?

It seems to me the solution is simple... you either pay the asking price or you move on. Only you can decide.

If it was me and I loved the house, I wouldn't be looking at how much it was "worth" but how much I could afford and whether or not I could buy the same cheaper.