Help on how to look more appealing to vendors.

eddddy

If offers are rejected, its most likely to be because of the amount being offered - not because of how smart you look or how nonchalantly you act.

If a number of people are offering around the same amount, the EAs I know would phone around and start a bidding war, and the property would just sell to highest offer.

A cash buyer might be interesting to somebody who wants to move quickly for some reason, but most sellers will be buying somewhere else.

So they have to find a place to buy, apply for a mortgage, do searches - and having a cash buyer trying to rush them along isn't always desirable.

G_M

FTBAngst wrote: »

Thanks. I might think about G_M’s suggestion if this is still happening in a few months!

Sadly the mods disagree with you - clearly they don't think my suggestion was any good.


No sense of humour!

FTBAngst

eddddy wrote: »

If offers are rejected, its most likely to be because of the amount being offered - not because of how smart you look or how nonchalantly you act.

If a number of people are offering around the same amount, the EAs I know would phone around and start a bidding war, and the property would just sell to highest offer.

A cash buyer might be interesting to somebody who wants to move quickly for some reason, but most sellers will be buying somewhere else.

So they have to find a place to buy, apply for a mortgage, do searches - and having a cash buyer trying to rush them along isn't always desirable.

So with a few of EAs they’ve just phoned and said we’re collecting everyone’s highest and final offer, rather than slowing upping it. How can you guess what’s a reasonable price? Similar houses in the area sold for 20-40k less than 280k. I phoned the estate agent back and he said the last house the offer was nearer 292. So I have that figure to work with now