Would you find this an insulting offer

[Deleted User]

Dan-Dan wrote: »

How on earth does this information necessarily correlate to a vendor who `aint no mug` ?

Actually - it's worth saying that you should really lock down your social media security if you're selling and buying.

I figured out the financial background of the people who bought our last home - I found out they had just got engaged from facebook (so in a rush to buy before their wedding). Their parents lived in a very expensive house (from 192.com and zoopla.com). They had decent jobs (Linkedin.com).

I pushed their offer back realising I could get a few thousand extra out of them, since they likely had the funds and they were 'keen buyers' and not opportunists. Don't feel bad for them; their (my old) house has risen in value by 40% in 4 years.

Definitely be wary about what you share online (and others share about you). It can all be used by someone savvy (and possible a bit evil).

mwpt

The buyer gets to decide how much the house is worth, not you. If the person offering £55k felt it was only worth that amount to him, there is no insult there, it is just his offer. You simply say no, would prefer more, and hold out for a better offer. If one comes along (sounds like it should) then alls well. If not, then time to consider lower offers. But in the mean time, people can offer whatever they see fit, that's how a market works. I recently sold a campervan and was offered 20% less than the final price I sold it for, a few times. I was polite to those folks making the offer, stating that I could afford to wait for a better price and good luck on their search. It's not personal.

moneyistooshorttomention

Well - when you consider that many so-called "psychics" are frauds (I do believe genuine ones exist - but I have yet to meet one of them) and the frauds out of them do a lot of reading just the person standing in front of them.

They could read one heck of a sight more from taking a good look at someone's house (a quick look along the bookshelves for instance would reveal one heck of a lot - all the way through from "There don't seem to be any books here - and I just spotted a copy of a downmarket celebrity magazine" to "Loads of books - not a single fiction one amongst them - but I did see some good legal reference books and then I went into the kitchen and spotted the way they eat etc etc".

Dan-Dan

hmmmmm , i remain doubtful but each to their own

csgohan4

ringo_24601 wrote: »

Actually - it's worth saying that you should really lock down your social media security if you're selling and buying.

I figured out the financial background of the people who bought our last home - I found out they had just got engaged from facebook (so in a rush to buy before their wedding). Their parents lived in a very expensive house (from 192.com and zoopla.com). They had decent jobs (Linkedin.com).

I pushed their offer back realising I could get a few thousand extra out of them, since they likely had the funds and they were 'keen buyers' and not opportunists. Don't feel bad for them; their (my old) house has risen in value by 40% in 4 years.

Definitely be wary about what you share online (and others share about you). It can all be used by someone savvy (and possible a bit evil).

Thats creepy but clever at the same time :T

audigex

There's no such thing as an "insulting" offer. Cheeky, perhaps... insulting implies that they're trying to insult you or think you're stupid, which I wouldn't say an 85% of asking offer counts as.

Offering 10% under asking is pretty common in some areas of the country (in fact, I'd say it's almost assumed to be part and parcel of selling a house in my hometown). Offering 15% under is certainly cheeky, but they may have expected you to come back saying "No, but I'd accept £60k" or similar. Equally they may have thought your home was a little over-priced, and then offered 10% under what they thought the value was. And as a final "maybe", it's possible they just saw the lower sale price on the street rather than the higher one.

Note also that in areas with a tradition of offering under the asking price, there may be something of a "habit" to offer £10k under as a matter of course. The buyer may have simply not thought about the fact this house is relatively cheap anyway and that £10k is a larger chunk of the price than it would normally be

At the end of the day, it certainly wouldn't be the first time a house has sold for 15% under the original listing price... and if the prospective buyer is in no rush they may be quite happy offering slightly lower amounts than usual and seeing if they can get a bargain. Equally some sellers will set their price slightly high and hold out to see if they can get a better-than-average sale price for their property.

Say no, see if they come back with a better offer, and forget ideas about it being "insulting" unless the offer was "I'll give you £55k for your house, you ugly git"

When it comes down to it, the price you set is the level you value the house, the amount they offer is the level they value the house. There's nothing to say you have to meet in the middle or agree with each other...

[Deleted User]

csgohan4 wrote: »

Thats creepy but clever at the same time :T

Don't forget to also check how old their car is through the DVLA ;-)

When house hunting, we intentionally parked our car out of eyeshot of the house to obfuscate our 'worth'. Mother-in-law blew it though by telling them how desperate we were to live in this particular village.

Dan-Dan

ringo_24601 wrote: »

Don't forget to also check how old their car is through the DVLA ;-)

audigex

ringo_24601 wrote: »

Don't forget to also check how old their car is through the DVLA ;-)

Querying through the DVLA seems a little extreme... but looking at their number plate (assuming it's not a private plate) should be enough to tell you anyway and is much less creepy.

That said, a lot of new cars are on lease rather than purchased outright, and all it really tells you either way is that they had some money and now have a nice new car. They could have simply spent the money on the car and are in no better a place to buy your house...

moneyistooshorttomention

ringo_24601 wrote: »

Don't forget to also check how old their car is through the DVLA ;-)

When house hunting, we intentionally parked our car out of eyeshot of the house to obfuscate our 'worth'. Mother-in-law blew it though by telling them how desperate we were to live in this particular village.

That's the "never credit someone else with looking after your welfare as well as a relative/friend should do" factor:rotfl:.

Sitting here fresh from this mornings conversation of more than one woman saying "She was my best friend - I thought - until she ran off with my husband" and my own recent experience of accidental injury courtesy of a friend.

It's astonishing/horrifying just how much people close to you can let you down - even when they don't intend to...:(