Ridiculous offer from buyer

mustang121

I think the OP needs to look up the definition for 'bargaining'.

Only a foolish buyer blindly accepts the asking price without trying to haggle down the price.

I recommend the OP watches the Life of Brian by Monty Python for haggling techniques.

SG27

jbainbridge wrote: »

6 years? Something wrong there ... perhaps their offer was realistic.

Haha this is obviously a wind up thread! Quite funny though. I've been slated by estate agents for making a low offer. 2 years later the house was still on the market asking LOWER than out offer it never sold.

harrup

SG27 wrote: »

Haha this is obviously a wind up thread! Quite funny though. I've been slated by estate agents for making a low offer. 2 years later the house was still on the market asking LOWER than out offer it never sold.

I am equally certain it is a trolling exercise but......

.....there have been 2 houses in the past where I called the EA enquiring whether the AP stated was due to a typo. It was a genuine question BTW, not me being sarcastic.

In both cases the AP was inordinately high. Even for a rising market.

And in both cases, the AP wasn't set by the actual owners.....but their grown-up children. Neither of the 2 houses sold.

Which is why I asked the OP whether it was HIS house. He declined to answer....

Catherine_Johnson_2

byjimini wrote: »

........so we just bide our time for the right bid..........

Er, but you've said 'The house was £350k 6 years ago, reduced to £315k 2 years ago, now £300k.'

That's hardly 'biding your time for the right bid'

You've already marked it down by £50k. The longer it's on the market, it seems, the more you're going to lose.

Any house is only worth what someone is willing to pay for it. At the moment, from what you've told us, your house is considered to be worth £260,000. What price you have it on the market for with the estate agent is irrelevant.

Face the facts, after 6 years on the market, no-one is going to be offering anywhere near the asking price.

And, yes, you do come across as very patronising (plus somewhat deluded ). I do, too, wonder if I'm simply feeding a troll.

Lavendyr

byjimini wrote: »

Do I? Crikey, I take it all back. Cannot stand that bloke.

Bonus points for good use of the word "crikey" :rotfl:

cbr600f

Haha this thread is ridiculously hilarious!

The funny thing is the OP cannot see it is him that is ridiculous... Brilliant.

Hey a 13% offer isnt a daft offer its perfectly sensible, the buyers in my opinion are silly to offer so much as a starting offer.

As others have said your parents should snap it up, unless they want to loose more as it stays on the market forever.

What makes you think yo can sell it for so much now when it didnt sell for that much in the housing boom in 2006?

Lizling

I thought the 6 years bit crossed the line into obvious troll being obvious territory, but seems not (quite)!

I reckon 3 years would have been about the right level of ridiculousness to pitch this at. Good idea though

Mickygg

DRP wrote: »

Not sure if the OP is just a trolling exercise, but I'll bite

So was the asking price set at 315k six years ago pre-slump and has only just dropped by 15k recently?

Without even considering that your house is clearly over-priced for the current market, their first offer of 260k was >86% of asking price - a very fair first offer.

What kind of offer would your parents accept?

So would you be happy with 86% first offer on your property? I very much doubt it!

prowla

byjimini wrote: »

All offer's we've had in the last 6 years have been for the asking price, including one last year.

Today we have an offer of 40k less, the reason given that they want to extend & add improvements, but can't afford it unless we give them 40k off.

Quite astonished at the responses as my first impression was "jog on", lol.

5 offers at the asking price in 6 years and none actually bought.

lol indeed!

theartfullodger

Sigh!!! What is so wonderful is that he thinks he is right!!!