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Is this normal or should we push back? I'm lost in how house buying goes!

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Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    AdrianC wrote: »
    Except the OP's, when the vendor accepts another offer while theirs is still on the market.


    And thats better than not putting an offer in at all, how?

    At least if OP knows what is acceptable to the vendor they can adjust their current sale price accordingly.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    AnotherJoe wrote: »
    And thats better than not putting an offer in at all, how?
    No different at all.
    At least if OP knows what is acceptable to the vendor they can adjust their current sale price accordingly.
    Which, of course, won't affect what somebody else is willing to pay for their place by one single penny.
  • Fred.Y
    Fred.Y Posts: 8 Forumite
    You're using the same agent for buying as selling? That doesn't happen too often :)
  • highguyuk
    highguyuk Posts: 2,763 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Fred.Y wrote: »
    You're using the same agent for buying as selling? That doesn't happen too often :)

    We're the same - selling ours and buying another with the same local EA. Complete coincidence but all working out well.
  • Mutton_Geoff
    Mutton_Geoff Posts: 4,048 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    SaucySecrets wrote: »
    I appreciate we're not totally proceedable


    You're not in any way "proceedable" until you're under offer with buyers survey booked is my opinion.


    I sold a previous house using the vendors agent (a small local developer selling new build). It came in very handy when the agent persuaded me to lower the amount I was prepared to accept so I simply used the original difference in selling/buying as my "cost to change" and stuck with that figure, so the agent had to simulateously get the developer to drop his price to keep the deal together so it did work in my favour. I ended up paying about 10% less than the neighbours as my own sale had been chipped down.
    Signature on holiday for two weeks
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    AdrianC wrote: »
    No different at all. Which, of course, won't affect what somebody else is willing to pay for their place by one single penny.

    But it might allow the seller to lower their price to one that makes a quicker sale more likely, to make their onward purchase more likely. As per mutton Geoff except he had a nice closed chain.
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