How does this sound as an offer to the estate agent?

timbo58

rule of thumb is normally if you aren't embarrassed how low your own offer is -it's too high.

this ones certainly low in relation to the asking price but 'you never know'.

If it's genuinely all you can go to by all means tell the agent that but I think you'll get a straight answer from the agent without him/her even referring to the owner, all you can do is ask he make that offer to the vendor anyway.

seven-day-weekend

If I was selling that house for £93k I would have priced it to reflect that it had a downstairs bathroom and needed decorating. I would not accept an offer of lower than about £88k.

Just mho.

No harm trying, but they don't need your life history.

dibuzz

I wouldn't start a letter or email to an estate agent with "Hi" either or is that just me?

Dave_the_Ginger_Cat

And I would not include the part that says that's all you can afford.

If I were the seller, my response would be to go away and suggest you look at properties you can afford

Kayalana99

Things like the low energy rating and new boiler could be worth mentioning...but that doesn't justify knocking 13k off the price so perhaps not worth it alone!

Mentioning things like 'it needs decorating' is pointless as it doesn't cost alot to do, plus the fact you don't like fact the bathroom is downstairs is irrelevant as they can't magically move it (or be one less bedroom I am guessing if they did) plus you shouldn't give your postion away to an EA (or not a bad situation anyway)

Good luck anyway, I think I'd stick with just putting the offer in and hope for best.

_Andy_

None of this is needed. Just ring the EA up, make the offer, job done. It will either be accepted or not.

quidsy

Say, I can offer 80k, I have some issues with the layout, the need for a new boiler & the general decorative state, also I think it is overpriced for what it is & the area. I have a mortgage offer in principle & can move as soon as possible. please lpass my offer ontot he seller & let me know what they say.

Don't give them war & peace. The seller & EA don't care, the EA works for the seller, they want you to pay full whack so the more info you give them the more chance they have of turning it around against you.

Just state your offer & a couple of vague reasons why it is so low then wait.

unsure

There are no rules about making offers. If you want the house and that's what you can afford, say so. Your're in a stronger position if you're ready to move quickly. If the vendor has been struggling to sell they might go for it. If they've only recently put it on market and think they can do better they'll tell you where to get off. The deal happens when it works for both parties.

An acquaintance had her house valued at £235k and turned down a very early offer of £217k confident better would soon follow. Eighteen months later, with few buyers showing interest, she'd have bitten the hand off anyone making such a bid and eventually sold for £205k. If that's your best offer and you're serious, go ahead and make it...but don't be surprised if it's turned down.

mail2z

Just make your offer saying that is what you believe the house is worth, the seller hasn't provided justification why they are asking the figure and hence you do not have to justify why you are offering so much.

Make sure you put a timeline on acceptance of your offer otherwise the seller will have your offer on back burner while they continue to work on other offers, like "valid for x days if I do not hear back from you within the specified time frame I will make offers on ther other properties I am interested in and withdraw this offer". Nothing is written in stone for making and accepting offers.

Windsorcastle

As a seller, I would have alarm bells ringing straight away at a potential buyer coming in with reasons like that at the offer stage, and would assume you will be a nightmare buyer throughout the process. (I'm not saying you are, just that it would make me think that!) As others have said, all the seller is interested in is the figure, they don't give a t*** what your reasons are; if the offer is derisably low, they will just turn you down flat. Simple as.