Offers In Excess Of

davidmcn

brightk9 wrote: »

What happened with your sale?

You're asking someone who hasn't logged in here since 2017, so don't expect an answer any time soon.

AnotherJoe

lookstraightahead wrote: »

Mostly I don't even bother looking at houses stating offers over. It's a fairly new, in my opinion, arrogant approach to negotiation. If I were to look I would see it as "the maximum anyone should be prepared to pay". Means you might lose a potential purchase but there's always others. A house is worth what a buyer is willing to pay for it, and indeed what it's valuation is (very common when bidding wars happen that a valuation comes back lower).

Then you'd be missing out on those who are looking for either a quick sale and have reduced below what it could get given time, but have a bottom line, or just have a bottom line below which moving doesn't work financially for them.
You'd also be missing out on those badly advised by their EA as well !
You've ascribed, with zero evidence, an "arrogant attitude" to all three sellers base don your own prejudices.
All that matters is, is the house fairly priced. There's no difference between someone who knows their house "should" get £200k and puts OIEO £200k and someone who knows that but just puts it up for £215k expecting to drop. And someone whose EA puts OIEO but actually they would take less.
Just ignore it and offer what you think it's worth (well, a bit less to start with obviously)