Would you find this an insulting offer

alchemist.1

Dollymix12 wrote: »

I'm sorry are you talking about my asking price because as stated previously the prices are ranging between 59-69k depending on the condition of the house, the latest one that went for 59k needed a lot of work doing to it ours doesn't so how is that prices 10-15% higher than properties are selling for. The houses in the road over from me are also going for around 70-75k so hardly over valued!

I wasnt talking about your specific example. I was trying to say is that it is a negotiation process and works both ways. As hard as it can be, dont be insulted, just reject it and move on.

Dollymix12

alchemist.1 wrote: »

I wasnt talking about your specific example. I was trying to say is that it is a negotiation process and works both ways. As hard as it can be, dont be insulted, just reject it and move on.

Ah ok, I think I've got over the initial annoyance now, we've said no to it and are waiting to see if he comes back with a higher offer so we'll just have to wait and see

JencParker

While I don't think you should take it personally, I do think a very low offer leaves a bad impression and gives the message they are not taking things seriously. I had such an offer (the estate agent didn't even tell me the first one - just told the buyer to be a bit more realistic). I eventually agreed to an offer after going backwards and forwards for several weeks. TBH, I was really hacked off and when I found out that they were not ready to move with a large cash deposit but that the large cash deposit was coming from the sale of a BTL in a long chain I had no guilt in pulling out and telling them to find another house. There seems to be an attitude that it doesn't matter how low you offer - it's not personal.... but, it shows the buyer doesn't take you seriously or show any respect - if that's the case, what else will they try on? House selling is stressful enough without having a buyer that is constantly trying things on!


I would stick to your guns.

Wassa123

Sooo...

Can we see the rightmove link?

ruggedtoast

Wassa123 wrote: »

Sooo...

Can we see the rightmove link?

Oh yes!
:T:T:j

DRP

why would anyone make a *first* offer any closer than 85% ?

1. First offer (nearly) always gets rejected. Therefore offer low.
2. Big increase makes 2nd offer sound sensible.
3. Tiny final increase to make vendor feel clever and all-powerful.


OP don't be offended. It isn't worth the blood pressure to take a first offer seriously...

Dollymix12

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=POSTCODE%5E159156&insId=2&maxPrice=175000&primaryDisplayPropertyType=houses&googleAnalyticsChannel=buying#/property-for-sale/property-40184172.html

Is this where I'm told no one would offer anywhere near the asking price either? :rotfl:

anselld

Corrected link...
http://www.rightmove.co.uk/property-for-sale/property-40184172.html

The intent of the 3% 2nd homes surcharge is to discourage investment buyers. That will inevitably depress prices in investment-heavy areas. It remains to be seen how much and for how long, but it may explain why there is a mismatch between offer interest and recent sold prices.

moneyistooshorttomention

1. What's that up at the ceiling edge in bedroom 1? Have to admit I'd be "getting up close and personal" to that on a visit - ie to check in case its damp.

2. No photo of the back garden. I always want a look at the garden - even if its a back yard (some back yards are yuk territory and always would be - and others have possibilities of being turned into a "courtyard garden").

Dollymix12

The small amount of guttering on the front needs replacing/repairing but that's all that's caused it. The yard was full of wood etc when the photographer came as we had torn out a vestibule and cupboards in the living room but not had time to clear it out as couldn't get a van in time, it's now completely clear but it's a very small space as the kitchen extension has taken over most of it