How much (little) to offer?

The_Logans

LEJC wrote: »

are you now brave enough to post a link to the property and maybe someone will give you a knowledgeable answer as to whether £450k would be reasonable.....but I suspect you know whether you are comfortable in offering that or whether you are under offering

Not sure I'm that brave!

Crashy_Time

The_Logans wrote: »

Maybe he owns the house I'm talking about....

Yes, maybe, that would explain the tension...:rotfl:

Mickygg

They want £500k. Whether it's worth that is up to you. Offer what you think but if you go too low don't be surprised to be considered a time waster.
A lot of people price not what's it's worth in the market but what they want or need to be able to buy their next house.
If I see a house up for say £500k but I think it's worth £400k I just walk away as no one will drop that amount of money.

Crashy_Time

Much advice on here will come from people trying to sell themselves, just ignore it IMO, and offer low, the economic/political winds are in your favour.

The_Logans

Crashy_Time wrote: »

Much advice on here will come from people trying to sell themselves, just ignore it IMO, and offer low, the economic/political winds are in your favour.

They can only say no

spadoosh

The_Logans wrote: »

Why are you so sarcastic and hostile?? If you can't be bothered to get involved in the discussion then don't.

I know, it something i can sometimes let get the better of me. Its a frustrating question from my perspective as (As shown) its not something you can answer. You where also incredibly vague on your first post, at least if your going to ask a vague question you should consider putting in as much details as possible as to allow people to have better informed opinions/answers. From the OP, you put so little effort in to offering information that it hardly makes it worthwhile posting back. No replies offered will be of value. Or have you worked out how much you should offer from the replies (that you couldnt have worked out yourself?)?

Crashy_Time wrote: »

Many people get uncomfortable when the discussion turns to sellers getting less for their properties, they prefer those threads to drift down the board. That`s my impression anyway.

£322k in 06 and touching £500k in 2016. Getting loads less arent they?! Factor in the sweetest of sweet extensions and i imagine they will still come out of the process with a decent return. Speculation of course.

Crashy_Time

spadoosh wrote: »

I know, it something i can sometimes let get the better of me. Its a frustrating question from my perspective as (As shown) its not something you can answer. You where also incredibly vague on your first post, at least if your going to ask a vague question you should consider putting in as much details as possible as to allow people to have better informed opinions/answers. From the OP, you put so little effort in to offering information that it hardly makes it worthwhile posting back. No replies offered will be of value. Or have you worked out how much you should offer from the replies (that you couldnt have worked out yourself?)?



£322k in 06 and touching £500k in 2016. Getting loads less arent they?! Factor in the sweetest of sweet extensions and i imagine they will still come out of the process with a decent return. Speculation of course.

Didn`t realise they had sold it?

Cakeguts

It all depends on where this house is and what it is. North of Manchester a house at £500k would take several months if not years to sell and would most likely be a large barn conversion or a big more modern house on a large plot.

Where I live that would buy you a 3 bed semi. For the 3 bed semi the chain would be a lot shorter because the property at the bottom would cost more to start with. In north Manchester the chain could be really, really long. In order for enough people to find houses to buy would take months and months.

Chances are that if a house is in really good condition someone has spent a lot of money on it and will want to get that back.

Crashy_Time

Cakeguts wrote: »

It all depends on where this house is and what it is. North of Manchester a house at £500k would take several months if not years to sell and would most likely be a large barn conversion or a big more modern house on a large plot.

Where I live that would buy you a 3 bed semi. For the 3 bed semi the chain would be a lot shorter because the property at the bottom would cost more to start with. In north Manchester the chain could be really, really long. In order for enough people to find houses to buy would take months and months.

Chances are that if a house is in really good condition someone has spent a lot of money on it and will want to get that back.[/QUOTE]


As I say, rates up may be the only way some people will accept how a market is supposed to function..........

The_Logans

spadoosh wrote: »

I know, it something i can sometimes let get the better of me. Its a frustrating question from my perspective as (As shown) its not something you can answer. You where also incredibly vague on your first post, at least if your going to ask a vague question you should consider putting in as much details as possible as to allow people to have better informed opinions/answers. From the OP, you put so little effort in to offering information that it hardly makes it worthwhile posting back. No replies offered will be of value. Or have you worked out how much you should offer from the replies (that you couldnt have worked out yourself?)?

Goodness me your are a supercilious so and so. If, in your opinion, a post isn't worthwhile posting back on - don't post on it. Go and make better use of your time on a post that is more deserving of your expertise 'in your perspective'.


In the meantime I will read the replies that are useful, and be grateful for those. No one can give a firm answer, but a chance to 'think out loud' while working through a major decision is welcome. In my perspective.