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Offer on my house from investor
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moneyistooshorttomention wrote: »Thanks everyone for replies.
I am rather coming to the conclusion that this investor has probably thrown low offers at several properties at the same time to see who is desperate enough to accept and not expect any negotiations.
From what people are saying, it seems that most people expect a refusal of offer by vendor to be accompanied by "Vendor might consider £x" (naming a tiny bit less than asking price) and that maybe a noticeable number of offerers are expecting a "I would take £x" response - rather than just a "No", followed by the vendor waiting for them to offer some more.
EDIT: and there's me scrupulously giving feedback on the houses I am viewing and answering vendors questions....
Bit of a shock to be looking somewhere where its usually the vendor who shows you round (not like my area). By now, I think I'd rather it was an EA this end of proceedings too....as it makes me feel awful looking at these sellers' eyes and seeing the pleading look in them that most of them have hoping they have found a buyer at last ...and I feel its only fair to tell them straight what the chances are that I will want their particular house (especially as I'm finding this is such a friendly area here).
I've not sold a house before - so thought vendors do just say "No" to an offer that is too low and then sit back and wait for either (hopefully) a further higher offer or two or three from this buyer on the one hand OR the offerer saying "Sorry, I cant go any higher, so I'm not interested any more" on the other hand.
So I guess next offer (from anyone) gets met by a response from me saying "Vendor might consider £1,000 less then" and wait, hopefully, for a higher offer?
I don;'t think it is a problem to respond to an offer with 'I want the full asking price".0 -
I think you're over analysing people's intentions. I'd just consider any offers you receive, and if turning them down give an idea of what you're actually looking for..i.e. close to asking price.
too many comps..not enough time!0
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