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Seller stalling
I am an FTB, i made an offer on a house last wednesday for 171K, the house is in the market for O.I.E.O 170K. The sellers rejected the same day. I then put another offer in of 173K the following day (Thursday). Haven't heard anything since then. Should i phone E. A and demand a deadline? How would you proceed.
Thank you.
Comments
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They will have been waiting for weekend viewings and seeing what offers come in. The agent will be following up today. You don't want to seem too keen so wait until tomorrow afternoon then give them a call if you haven't heard back.1
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Ring the EA and ascertain what the current state of play is. Then consider your next move.1
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If you have offered over asking price then it suggests one of two things either deep down sellers aren’t that keen to move and receiving offers has just confirmed this OR more likely they have a tonne of viewings and interest and want to get the best price they can.
You can only wait or put a time period on your offer via EA. Up to you.1 -
The seller can take as long as they like deciding whether or not to accept an offer.1
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While making the offer, I would have asked them to either confirm of reject.
I was viewing a house with 8 viewings booked for open house. I viewed 3 days before. I offered the asking price but said the offer is only valid before the open house. Be prepared to walk away.1 -
Call tomorrow and ask for an update. If there is a ton of interest and if you have not seen another property you like there is no point setting a deadline, just tell the agent that the offer is still on the table but you will carry on viewing other properties in the mean time.1
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you can call the EA and ask them to let you know by a certain date. if you don't hear back by that date then assume your offer is not acceptable. sounds like the vendor is considering your offer if they haven't already replied.1
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