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Is it reasonable to offer £10k less than guide price?

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  • YoungBlueEyes
    YoungBlueEyes Posts: 4,896 Forumite
    Tenth Anniversary 1,000 Posts Homepage Hero Photogenic
    I devour the posts on here, I was never going to go with £185k ha haa!

    Our only real guide was an old sale. Michelle next door bought 6 years ago and paid £140k. Hers is very similar to ours except our downstairs is knocked through, and our bathroom is above the kitchen whereas hers is sniggled in between 2 bedrooms so it's windowless. Hers is better presented/decorated though. So I thought an extra £10k was about right. Luckily my sister trusted me when I said "I've found this smashing forum full of smart people, and therefore I think those EA's figures are all a bit toppy".

    Even taking all that into account, and going with a reasonable price that we definitely didn't want to go below, we still didn't get asking price. Sometimes people will round it down no matter you put.
    I removed the shell from my racing snail, but now it's more sluggish than ever.
  • YoungBlueEyes
    YoungBlueEyes Posts: 4,896 Forumite
    Tenth Anniversary 1,000 Posts Homepage Hero Photogenic
    The "thanks" buttons have disappeared..... Thanks lookstraightahead :)
    I removed the shell from my racing snail, but now it's more sluggish than ever.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    YoungBlueEyes wrote: »
    The "thanks" buttons have disappeared.....
    Sorry, I thought no one would notice if I helped myself to a few, but I've put them back and they're only a little bruised.... :o

    We paid the asking price for our property. Being a 'distressed sale,' it was very reasonable and we couldn't find anything wrong with it, except the daft layout and hideous decoration.

    Mind you, if we'd known how much crap the owners had buried outdoors here, we'd have asked for £5k off, I'm sure.
  • YoungBlueEyes
    YoungBlueEyes Posts: 4,896 Forumite
    Tenth Anniversary 1,000 Posts Homepage Hero Photogenic
    Ha haa thanks davesnave! I don't know what's occurred there but they have indeed returned :)
    I removed the shell from my racing snail, but now it's more sluggish than ever.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    NeilCr wrote: »
    Of course.

    But I've been responding to your assertion that no vendor should "expect" to get the asking price. Fundamentally, wrong.


    More right than wrong in this market IMO.
  • goodwithsaving
    goodwithsaving Posts: 1,314 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Crashy_Time wrote: »
    More right than wrong in this market IMO.


    Argh are you still here?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    NaughtiusMaximus wrote: »
    Even if the asking price for the property is very reasonable or even slightly undervalued?


    How many properties are though really?
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