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OIEO what to offer
Tobias21
Posts: 5 Forumite
We saw a house a few weeks ago initially up for £175k. It then went off the market and went back on at OIEO of £180k. Offer of 170k was ridiculed by estate agent even though the house initially came up at £175k and the buyer is waiting to buy a new build that is yet to be built and we are happy to wait. Any advice??
0
Comments
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'Offers in Excess Of' so your £170k was too low. I suspect they need the higher price to get the house they want. What do you think is a fair price based on size/area/condition?1
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I mean, if the vendor is expecting above £180k and weren't willing to entertain your £170k, then only time and a dearth of buyers will convince them otherwise. Your offer might be perfectly reasonable, but sometimes people have unrealistic expectations.1
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Coming from someone buying a new build and selling my own home, someone saying they are happy to wait is great but what happens in 1 month when you get itchy feet? Or the new build gets delayed 6 months?1
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