Selling our house and had ridiculous offers recently

FourHorsemen

We put our house on the market end April with online agents. We have had two insulting offers way below the guide price, the latest from a local couple who let their kids run riot through my flower beds then offered 60% of the asking price, and admitted they were looking at places beyond their budget. When we rejected the offer, they wanted a second viewing! When we said we saw no point in wasting our time, the agent rang to say they wanted to bring the blinking grandparents around too! Doesn't guide price mean anything anymore? Three high street agents agreed on our asking price and I would never have the cheek :mad: to view a property that was so out of our reach. It's 20 years since we last moved house, I don't remember many time wasters last time. The referendum has apparently made folk silly. Anyone had similar happening to them?

marksoton

If you've only had two "insulting" offers in the SE in over a month i'd say you've overpriced the property.

theartfullodger

IMHO, the wrong reaction: Smile sweetly, thank them for their time & interest and inform them that you didn't realise they were happy with flexible prices & in that case it's just gone up £50k.

Why did YOU let the kids "run riot"?

re

Three high street agents agreed on our asking price

They didn't agree on the price (they weren't going to buy were they..), they just said they were happy to take your ££££ on those terms..

It is of course possible...
a) You are way, way, overpriced... and
b) depending on referendum outcome prices may well plummet. And worse...

Chill: It's only money, as my dear old mum used to say...

spadoosh

Hate the game not the player.

How can you be insulted when someone is trying to make a deal. Either its agreeable or not. Dont get insulted. I doubt theyve thought 'lets really insult this person by offering 60% of the asking price'. More likely is 'nice house, dont wanna pay that much, lets make a low end offer and see how it goes.'

If your not happy with the offer, like the drug adverts, just say no.

I'd recommend watching this video, should give some perspective on your being offended.

https://www.youtube.com/watch?v=fHMoDt3nSHs

Good luck with the sale.

Dan-Dan

link please!!

PasturesNew

Send a bill to the rude viewers with badly behaved children for the plants they wrecked. Rude people. Peasants. Bad parenting.

I don't know why some parents think it's acceptable to take their obnoxious brats into other people's houses to run riot.... touching things, poking things, kicking their cat I bet in some cases.

Paully232000

Use the offers as a starting point to negotiate, and not dismiss them off hand. Then you will really see if they are timewasters, and not just people who start very low with offers.

Or, of course, as you have only had two offers, both way lower than the asking price, in 2 months then maybe you are asking too much.

Davesnave

FourHorsemen wrote: »

It's 20 years since we last moved house, I don't remember many time wasters last time.

Twenty years ago, there were no house price comparison sites and therefore much more uncertainty existed about the sold prices in an area.

Buyers are much more clued-up today.

FourHorsemen

We based our asking price on three local agents who came up with roughly the same figure (within 5%), and the three other properties in our lane that are going for over £300 - £500k more than ours. Probate valuation last year came in about the same. Ours is a unique property in this area, surrounded by Green Belt Land, AONB with 3/4 of a acre of land and old barn. It needs cosmetic updating, but that is reflected in the price.
Spadoosh -As to insulting, I said the offer was insulting, not that I was insulted. There is a difference.
Theartful - I did try several times to get the parents to discipline their children, but all I got was 'boys will be boys'. I would have been more forceful, but I thought they were potential buyers as they stayed half an hour. It was only right at the end they admitted the property was beyond their budget. I found out their property was on for roughly what they offered us, so I don't think they will suddenly find £650k down the back of the sofa.
Over the years we have had people knocking on the door wanting to buy, when we weren't ready to sell. We would take an offer but not just over HALF the asking price - I doubt anyone in their right mind would. Perhaps the people who replied haven't tried to sell during present referendum period. Any agent will tell you it is having a depressing effect on sales.

Davesnave

PasturesNew wrote: »

I don't know why some parents think it's acceptable to take their obnoxious brats into other people's houses to run riot.... touching things, poking things, kicking their cat I bet in some cases.

Nevertheless, I'd seriously consider letting them kick my cat if their parents came up with the magic number.

Naturally, I'd give her compo later, with a whole case of those very posh tins of food, which are almost as good as the deli stuff you put on sandwiches. :A

FourHorsemen

Three boys under ten, one does expect such problems when you put your house up, just that if you ask the parents to keep them in check, what can you actually do when they don't? A previous viewer brought their 3 kids. They got bored within 10 minutes, but were fascinated by my little dog and settled down
nicely. Different parents I gues.