Can I offer on 3 properties at once?

sarkin

yes offer on all 3 they dont need to know, it's your money

Generali

You're doing nothing wrong. If one of them is desperate to sell they might take a low ball offer.

I did a similar thingwhen I was looking for somewhere t rent. We found 2 places we ilked equally and put in low offers. Sadly, not low enough because they both said yes!

kelvinwebb

cattie wrote: »

As a vendor if somebody made a silly low offer on my house (apart from the fact that I'd reject it anyway :rotfl: ), once I knew they were also offering on 2 other houses at the same time I'd instruct my agent that I didn't take them as a serious buyer & would want no more dealings with them or any other such buyers following such a practice.

Are you an Estate Agent?

cattie

No I'm not, just somebody who has always researched the market thorougly before selling & know what price my house should sell at. I always warn the estate agent not to pass silly offers on to me as it just irritates me no end. :mad:

I've just sold within 2 days of going on the market at full asking price & with 2 other very interested viewers that were pipped to the post. :beer:

This is a London surburb however & I appreciate that other areas may not be as bouyant & healthy as they are here, especially for vendors.

kodokan

cattie wrote: »

No I'm not, just somebody who has always researched the market thorougly before selling

But didn't your research flag up that you were pricing your house too low..?

cattie wrote: »

I've just sold within 2 days of going on the market at full asking price & with 2 other very interested viewers that were pipped to the post.

You're obviously a much nicer person than me - I would have held a quickie 'mini-auction', rather than be held to the original asking price!

Good luck for the sale.

kodokan

Eyesparky

pinheaplanet wrote: »

I' m having a really hard time on deciding which house to go for, there are three options all with different pros ans cons.

Can I be cheeky and utilize my position as the buyer to play one vendor off against another? Essentially it would be the same as bidding war but reversed, I put in low offers on all three houses and whichever vendor accepts the lowest offer first gets the sale.

I would make all the vendors aware that they are competing, as it were, against other houses.

I'm in the position of an FTB with an AIP.

What do you think?

Yes. Just when you make your mind up, do so efficiently and without wavering. You don't want to get the reputation of a time waster.

kodokan

My MIL told me a tale recently of a local couple who, unbeknown to either vendor, offered on two different houses. They proceeded with both purchases, presumably using different solicitors, then a day before exchange, pointed the 'other house' gun at the vendors' heads and asked for £10k off the price! One said on your bike, the other one caved...

kodokan

Eyesparky

kodokan wrote: »

My MIL told me a tale recently of a local couple who, unbeknown to either vendor, offered on two different houses. They proceeded with both purchases, presumably using different solicitors, then a day before exchange, pointed the 'other house' gun at the vendors' heads and asked for £10k off the price! One said on your bike, the other one caved...

kodokan

That is bad form. I would have told them where to get off.

In this case the OP is only talking about offering on more than one, not stringing multiple vendors along.

advent1122

If you offered me a silly price and said I am doing the same with two others and will buy the one who sells at the cheapest price, my answer would be -

REJECTED.
Have a nice day.

You could end up losing all three.

Meatballs

Its normal haggling, nothing rude or underhand about it, what the OP is suggesting is quite upfront.

You find other quotes for your car insurance and then phone up existing supplier and ask if they will beat it...

It is daft to reject a potential purchaser just because they ask too low, just keep giving a firm and quick no until they get up to the price you want.