Waiting for a buyer... Anyone want to join me?

lor42x

Bonfire_Bride wrote: »

How on earth would the offerer (nice word ) have any idea on your financial situation? I think that is such a rude assumption to make. How much extra are you looking for? If you will regret accepting this lower offer, then hold steady. It may be a sign of things to come and he could be a right pain during the whole selling process.

They've decided they know it all based on Zoopla! He made a similar remark whilst viewing & I politely pointed out that it's called a market, prices go up and they can go down, we've just been fortunate.

We want to meet in the middle of their offer & our asking price so works out 4K more. We're standing firm as even though would like to get moving we're not being bullied into it. I said to our EA I have my concerns over how it would progress further down the line (if we get that far!)

Congrats on your sale by the way!! :j

Bonfire_Bride

lor42x wrote: »

They've decided they know it all based on Zoopla! He made a similar remark whilst viewing & I politely pointed out that it's called a market, prices go up and they can go down, we've just been fortunate.

We want to meet in the middle of their offer & our asking price so works out 4K more. We're standing firm as even though would like to get moving we're not being bullied into it. I said to our EA I have my concerns over how it would progress further down the line (if we get that far!)

Congrats on your sale by the way!! :j

Thank You


I completely agree with you. Cannot believe the cheek of some people. Hope he increases offer....and behaves!

indianabones

lor42x wrote: »

They've decided they know it all based on Zoopla! He made a similar remark whilst viewing & I politely pointed out that it's called a market, prices go up and they can go down, we've just been fortunate.

We want to meet in the middle of their offer & our asking price so works out 4K more. We're standing firm as even though would like to get moving we're not being bullied into it. I said to our EA I have my concerns over how it would progress further down the line (if we get that far!)

I'm with the buyer on this. Zoopla/Rightmove are a far better tool to use than your local EA and the vendor.

We don't know his side of the story, but if he's using Zoopla, he's going by a reliable source. Property search engines and sites are very up to date with information.

indianabones

Bonfire_Bride wrote: »

I completely agree with you. Cannot believe the cheek of some people. Hope he increases offer....and behaves!

Cheek? Are you f***ing kidding me? The guy made an offer that's within 4k of what the seller wants and that's cheek?

I hope he doesn't increase his offer.

I hope he sticks by his original offer, especially if he's based on property sites and says take it or I'm off.

I think you people are the ones with the cheek, questioning his offer when based on the figures alone it seems a very very reasonable offer.

Bonfire_Bride

indianabones wrote: »

Cheek? Are you f***ing kidding me? The guy made an offer that's within 4k of what the seller wants and that's cheek?

I hope he doesn't increase his offer.

I hope he sticks by his original offer, especially if he's based on property sites and says take it or I'm off.

I think you people are the ones with the cheek, questioning his offer when based on the figures alone it seems a very very reasonable offer.

If you responded in a mature manner then your response may be regarded as having some substance. Nobody knows the sellers financial position based on what the property sold for previously.

A property is worth what someone will pay for it...if he's not happy then obviously he can jog on. There is no need to get personal with the seller is there!? Zoopla only shows what it originally sold for and doesnt take into account (accurately) the current state of the market.

You also dont know what the house is up for. Yes, if it was a 300k house, then 4k isn't too big a deal but if it's a cheaper property, then it makes a massive difference.

No need to be rude.

indianabones

Bonfire_Bride wrote: »

You also dont know what the house is up for. Yes, if it was a 300k house, then 4k isn't too big a deal but if it's a cheaper property, then it makes a massive difference.

No need to be rude.

I'm not being rude, you're being overly sensitive.

4k for a 300k house is just over 1%.
4k for a 100k house is 4% of course.

Either both seem very very reasonable offers. Especially when you consider the average first offer is more than 10% below the asking price.

Paint it whichever way you like, buyer appears to be a very sensible man.

Bonfire_Bride

Sensible perhaps but to tell the seller she has more than enough equity in the property is very rude. It has nothing whatsoever to do with him.

Crashy_Time

http://www.express.co.uk/news/uk/698494/house-sellers-cut-asking-price-discount-sales-push-figures

Mickygg

indianabones wrote: »

I'm not being rude, you're being overly sensitive.

4k for a 300k house is just over 1%.
4k for a 100k house is 4% of course.

Either both seem very very reasonable offers. Especially when you consider the average first offer is more than 10% below the asking price.

Paint it whichever way you like, buyer appears to be a very sensible man.

Can you direct me to where you found the info on the average first offer is over 10% below asking?

Omg you actually said zoopla is reliable to use! Mr or Ms zoopla must be a very busy person visiting all these houses to value and take into account any changes such as extensions, modernisation and a landscaped garden!

kilby_007

Bonfire_Bride wrote: »

Sensible perhaps but to tell the seller she has more than enough equity in the property is very rude. It has nothing whatsoever to do with him.

Not really his business what financial situation the vendor is in, but I can sympathise with him to some extent. Obviously I don't know the circumstances in this case but I find that some vendors are frustratingly unrealistic about their house value. We viewed a house that had been renovated last year. I found out via the land registry that they'd paid £150K for the property 2 years ago and were now hoping to get "offers over" 310K. He said they'd done a rewire, new kitchen, bathroom, replastered and decorated. They'd done a nice job, but didn't deserve to make such a huge margin. By my reckoning they'd spent maybe £40K if they'd got tradesmen in to do the work, which would have left £120K profit in it for them, about 6 times the average local wage. I felt like telling the EA they were greedy, but I bit my tongue and moved on. It's still on the market today...