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How can I know what other people are offering on Purplebricks?

Debtfreewannabee91
Debtfreewannabee91 Posts: 13 Forumite
Fourth Anniversary First Post
in House buying, renting & selling
I want to make an offer on a house that’s listed on purple bricks but I’m unsure as to what to start with as an opening offer ? If I make an offer and the seller declines and asks for a specific price because someone’s offered that, how can I know they’re being truthful and not just trying to make me overpay ?  I know that I can just go to my Max offer and then just leave it at that but it would be so much easier if I knew whats already been offered. (I know they have already had offers just not how much for)

Comments

  • anselld
    anselld Posts: 8,708 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Same as any other agency, you cannot find out.
    Look up sold house prices for similar local properties and decide what you think this is worth to you.
  • theoretica
    theoretica Posts: 12,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ignore the reasons they give - you made an offer, they said no.  Would you like to increase?

    But a banker, engaged at enormous expense,
    Had the whole of their cash in his care.
    Lewis Carroll
  • DD265
    DD265 Posts: 2,236 Forumite
    Part of the Furniture 1,000 Posts Homepage Hero Name Dropper
    The vendor told me on the second viewing - we had no reason to doubt them. It doesn't really matter what anybody else has offered; offer what the house is worth to you.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    theoretica said:
    Ignore the reasons they give - you made an offer, they said no.  Would you like to increase?
    ^ This.

    They want more, or there's no sale. End of.
  • badger09
    badger09 Posts: 11,744 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    theoretica said:
    Ignore the reasons they give - you made an offer, they said no.  Would you like to increase?


    AdrianC said:
    theoretica said:
    Ignore the reasons they give - you made an offer, they said no.  Would you like to increase?
    ^ This.

    They want more, or there's no sale. End of.
    OP hasn't made an offer yet!
  • greatcrested
    greatcrested Posts: 5,925 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    what's purplebricks got to do with it?
  • rik111
    rik111 Posts: 367 Forumite
    100 Posts Name Dropper
    greatcrested said:
    what's purplebricks got to do with it?
    They are the agent selling it obviously. OP thinks because it is a website of sorts, it should display all sorts of info such as previous offer 😀
  • eddddy
    eddddy Posts: 18,341 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Debtfreewannabee91 said:
    If I make an offer and the seller declines and asks for a specific price because someone’s offered that, how can I know they’re being truthful and not just trying to make me overpay ?

    If an EA 'lies' about another offer, they'd be breaking the law.

    Arguably, if the seller 'lies' about another offer - it might be 'fraud by misrepresentation' - but I doubt that you could persuade the police to get involved.

    So it's really just a case of using your judgement.
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