How much to offer on property?

Crashy_Time

TBH I think the days of would be sellers refusing to talk to potential buyers again because they made a "cheeky offer" are well behind us :rotfl:

lookstraightahead

We have never ever gone in at asking price for a property, and never paid asking price. OIEO particulars I tend to skip over, it's like being put off by someone on a date - rude in my opinion.

lisyloo

Crashy_Time wrote: »

TBH I think the days of would be sellers refusing to talk to potential buyers again because they made a "cheeky offer" are well behind us :rotfl:

Not in my personal experience.
If a buyer thinks a seller isn’t remotely serious then it’s a rational decision and. It a “flounce”.

Of course it suits your agenda to troll......boring...

PokerPlayer111

Crashy_Time wrote: »

TBH I think the days of would be sellers refusing to talk to potential buyers again because they made a "cheeky offer" are well behind us :rotfl:

Having put in several cheeky offers last year i found a complete spectrum of reactions. Generally the reaction is not welcoming though and estate agents see you as a pain in the !!!! and wont value you very high.



If you are going to lowball property its best to do tons. Out of all the lowballing we got 2 come back to us desperate to sell. 1 of those properties sucked and the other was a genuine good deal we think.



Nothing wrong with paying full asking price on a property that has demand IMO.

quantumlobster

Crashy_Time wrote: »

TBH I think the days of would be sellers refusing to talk to potential buyers again because they made a "cheeky offer" are well behind us :rotfl:

Is that from personal experience, CT, or is it something you'd just like to be true?

lookstraightahead

Why would anyone pay a price that's just plucked out of thin air, or if it really isn't, then why only give a seller room for manoeuvre? If the value of a house was up to the seller and estate agents, then all estate agents would value a property the same price, and I've never known that happen (I've seen £50,000 difference in market prices based on agendas from the seller and sales techniques).

Not offering based on the response being a sulky one is not a risk, if you have the right mindset and don't want something too much

getmore4less

Crashy_Time wrote: »

TBH I think the days of would be sellers refusing to talk to potential buyers again because they made a "cheeky offer" are well behind us :rotfl:

Why don't you test it and buy somewhere.

Unicorn_cottage

The strategy of putting in a cheeky offer really depends on the area/housing market you are in. Some areas are extremely buoyant with houses regularly going well over the asking price therefore putting in a cheeky offer will just make you look naïve.

glasgowdan

I've not been in here for a while, but just had a peek and am thoroughly bored to see the house forums are still being spammed by the trolls. So sad, and boring enough to make me not want to peek in again for a while!

novelty-socks

Some areas are extremely buoyant with houses regularly going well over the asking price therefore putting in a cheeky offer will just make you look naïve.

I've always wondered about this actually. I've always thought that if places are going for way over asking prices, estate agents must be doing a terrible job at advising sellers and setting prices.

Also, are there many areas that are extremely buoyant right now? (Genuine question - I'm a FTB who's just about to complete on a purchase, we offered well under asking price and then negotiated a further reduction before exchange. Nothing's moving round here!)