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Offers over

2

Comments

  • dc197
    dc197 Posts: 817 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    antilles wrote: »
    The EA informs me that the vendor wants 155 and won't budge,
    ... I've already had 151 and 152 rejected.
    antilles wrote: »
    waste people's time


    If you know the vendor won't budge from 155, he probably thinks you're wasting his time with 151, 152.....
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    KerrBearrxo wrote: »
    Always ALWAYS give them a stupid price to start with and go up in increments of £500 or £1000. It's a buyers market.

    where? in SE defo it's not unless the place is overpriced and run down! Most of the time there's a stream of people viewing and the asking price is a floor price really. By the time you walk in there are already few offers over the asking price!

    Offering less usually leads not too much given that there are already few offers over yours...
    EU expat working in London
  • Peccary
    Peccary Posts: 198 Forumite
    Seventh Anniversary
    You never know what you will get with "offers over" We just offered on a house with this, been on the market almost a year, we offered 5% less than the offers over price and it was rejected, vendor wants that number (we have walked away as we feel it's too high)
  • Berger_3
    Berger_3 Posts: 72 Forumite
    Offers over is just marketing form the EA, the property I'm currently going through the process of buying was advertised as offers over £xxxx, but the offer they ultimately accepted is below that figure.
  • Stefan442
    Stefan442 Posts: 7 Forumite
    Offered 192500, EA said they had an offer at asking. Left it as that for now, not sure whether to just revise up to asking.

    Rightmove.co.uk/property-for-sale/property-49953994.html
  • Ms_Sophia
    Ms_Sophia Posts: 182 Forumite
    imoustache wrote: »
    Hey, I don't know where you'd like to buy, but the London market is crazy.

    Our flat was marketed at offers over £215k and we gave an offer of £236k (wasn't the highest according to the EA) but they chose our offer as we were in a strong buying position. So yep, £21k over the asking price.

    I was super worried about the bank valuation, but it came back at offer price which we were chuffed, as we believed the flat was worth that.

    Good luck :)

    Can I ask what bank you used? and what surveyors company? Cheers.
  • Wassa123
    Wassa123 Posts: 393 Forumite
    Stefan442 wrote: »
    This property also came back into the market, I asked vendor why and he said the current owner took too long finding somewhere to move so the buyer pulled out. Also asked what it went for before and he said asking.

    As an FYI,

    This property was listed on 16/05/2015 for £180,000.
  • imoustache
    imoustache Posts: 42 Forumite
    Ninth Anniversary 10 Posts
    Ms_Sophia wrote: »
    Can I ask what bank you used? and what surveyors company? Cheers.

    Halifax and they used Arnold & Baldwin.
  • alchemist.1
    alchemist.1 Posts: 860 Forumite
    Wish it was a buyers market where i am looking to buy.

    Increments of 500-1000. One way to ensure no one takes you seriously.
  • Stefan442
    Stefan442 Posts: 7 Forumite
    Wassa123 wrote: »
    As an FYI,

    This property was listed on 16/05/2015 for £180,000.

    Where can I find this info? Seems like this one is a waste of time.
This discussion has been closed.
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