Offered asking price on house- no repsonse

Stephny691

Hi all!.

First time poster here so bear with me if I ramble!

Basically we found out a house was going to be offered for sale soon in the area we're looking at, we got in touch with the seller and got shown around the house, the seller said they wanted to go through an estate agent as they didn't know anything about selling houses (fair enough) so they gave us the name and number of the estate agent.

Spoke to them and they said the house would be between 240-250K, he then phoned back later and said the asking price is 250K, he then said but the house has to go on the market (I had previously said that we would pay asking price straight away if they wouldn't advertise it or show people round), he said the seller really wants the house to go on the market and that he's left them a voicemail with our asking price offer. That was Tuesday. Yesterday the house appeared online and in the paper, with the 250K asking price listed.

I guess I'm just really confused, they've asked for 250, we're offering 250- surely that's an ideal situation for everyone?

Any input?

Thank you!

antrobus

Stephny691 wrote: »

...I guess I'm just really confused, they've asked for 250, we're offering 250- surely that's an ideal situation for everyone?

Any input?

....

The seller is obviously hoping that someone else will offer more.

DTDfanBoy

Well if they've received an offer of £250,000 before the house has even gone on the market they're probably now hoping to achieve a bit more for the property, you just need to hope that you don't end up in a bidding war with another buyer.

nubbins

People don't always act like you do. If you or I were in the sellers position we may have snapped this offer up, others may think i've had a full ask offer already maybe I have put it on too low so lets wait and see. Unfortunately you are now a bargaining tool as the estate agent can simply say there has already been a full ask offer on the property.

DRP

We put our house on the market for 220 and sold it for 235 within a week or so - that's what the vendor is presumably hoping for.

My advice is to book a viewing then offer again. But be quick as I;ve heard the vendor has already received an asking price offer!!

Stephny691

I think it's just annoying as when I spoke to the seller, she wasn't interested in the property at all. It's not her house, a relative died and she's the one having to deal with it and she said she wants nothing to do with the sale, she just wants it over with.

Sigh. Thanks everyone.

ognum

Stephny691 wrote: »

I think it's just annoying as when I spoke to the seller, she wasn't interested in the property at all. It's not her house, a relative died and she's the one having to deal with it and she said she wants nothing to do with the sale, she just wants it over with.

Sigh. Thanks everyone.

If she is an executor of someone's will it is her legal duty to get the best price she can for the house.

She has employed the agent to do just that,so, he has to put it to the market and achieve the best price available. No EA valuation is perfect and this house could make 10% more than the asking price if two people want it.

The vendor may not care about the house but may have to care about the selling price. Wait and see what happens

Paully232000

if i was in the sellers shoes I would be thinking, 'have I underpriced my house' if someone is willing to offer this straight away. I may then wait for other offers, after marketing, and use your offer as a negotiation tool.

rosie383

And in many cases like this the EA will advertise that they have had an offer of £xxx for this property and is anyone willing to offer more.
Or possibly that is only in the case of a probate property where family isn't involved.

Stephny691

rosie383 wrote: »

And in many cases like this the EA will advertise that they have had an offer of £xxx for this property and is anyone willing to offer more.
Or possibly that is only in the case of a probate property where family isn't involved.

At the minute in the online advertisement, they simply list it as 250K, no mention of any current offers or anything...

Paully232000

rosie383 wrote: »

And in many cases like this the EA will advertise that they have had an offer of £xxx for this property and is anyone willing to offer more.
Or possibly that is only in the case of a probate property where family isn't involved.

Isn't that the case for repossessions being sold by the bank?