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Putting an offer on a house when there are other offers out there
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Don't trust the estimate on zoopla. Find the actual recent sold price for other like-to-like properties nearby and decide how much you think it's worth to you. Get your friend to enquire about the property to see if there are really 5 other interested parties. I would just put in my best and final offer if I were you. Remember to emphasis your FTB position.0
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Do not take any notice of Zoopla estimates as they are rarely correct. They just pluck figures from the air. My home is listed at about 50k less than my neighbours is in spite of mine being fully refurbished about 5yrs ago & neighbours being done 20+ yrs ago.
If you really want the house then offer your top price, this is what I've always done when I dearly want a particular property. It's unlikely the ea is playing games as all they're interested in is a sale & receiving their selling commission, so it literally makes little difference to them whether the sale goes through at £110k or £125k, it'd be peanuts in extra commission. Ea's do not tend to disclose other offers as they are working for the vendor & not the buyer & it's up to buyers to submit their best offer in an attempt to secure the property.
The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0
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