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Advice on best & final offer?!
Comments
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Thanks everyone for your replies...After all that I have received a call and my offer has been accepted at the asking price! EA said they had offers over the asking but something clicked with me...obviously take that with a pinch of salt but the important thing is we got the house and I'm happy!
Whilst it is assumed that most EAs lie they may actually be being truthful in this case. When we sold our last house we had 3 full asking price offers within 48 hours of it going on the market. All offers were from people who were proceedable and had nothing to sell. Our EA recommended Best and Final Offers but my OH and I both agreed we would rather go with the person that was less likely to mess us around and complete the deal quickly (we had found a new build we wanted, already completed and ready to move into and didn't want to miss out on it).
So that is exactly what we did. We probably could have got more if we had gone to Best and Final Offers but for us securing a deal so we could get our dream forever home was more important than a few extra ££.0 -
Whilst it is assumed that most EAs lie they may actually be being truthful in this case. When we sold our last house we had 3 full asking price offers within 48 hours of it going on the market. All offers were from people who were proceedable and had nothing to sell. Our EA recommended Best and Final Offers but my OH and I both agreed we would rather go with the person that was less likely to mess us around and complete the deal quickly (we had found a new build we wanted, already completed and ready to move into and didn't want to miss out on it).
So that is exactly what we did. We probably could have got more if we had gone to Best and Final Offers but for us securing a deal so we could get our dream forever home was more important than a few extra ££.
^^^this :T0 -
I sold a house with an asking price of £525K, had several offers very quickly the most at £525K. Went for B&FO and the best price offered was £545k, no one else offered over the £525k asking price.0
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