Submitting a buying offer by video

fourmarks

Shaztastic3000 said:

I have received quite a few video offers. Some are good , some less so, but if they don’t make a video then they ain’t getting my house!

So, using myself as an example, a  cash buyer, currently in rented accommodation, offering the full asking price would not be an acceptable purchaser due to the lack of an equity card?  Some might say that's a tad self defeating.

Slinky

julicorn said:

trakky14 said:

Totally pointless!! It's not a job interview....

To be fair, even for a job interview it might not be the best move. 

I remember years ago, one of the applicants for a job we were advertising submitted the most cringe-worthy video CV imaginable. A for effort, I guess. Did it get them an interview? Nope. Did we end up re-watching it at least 10 times over the years because it was so unfortunately comical? Absolutely. 

I used to work for a radio station years ago. One day we had somebody walk in and leave a home made cardboard box on the reception desk saying it was for the manager. We'd had some issues with a visit from some rather burly gentlemen running a local pirate radio station not long before. The bomb squad was called and turned up, took it outside and eventually had a look inside.  It turned out to be a demo tape from a DJ looking for work and trying to be memorable.  Which he was for all the wrong reasons.

Brokenlynx

So I ended up making a successful other (without a video) but instead a good offer number with a short message I'd asked the vendor to pass onto the sellers detailing the benefits of my offer and my reasons for liking their property. 

TonyMMM said:

It is a terrible idea ( but I suspect the OP is just trying to draw traffic to that particular YouTube account)...

And for complete transparency I have no relationship to the influencer I'd mentioned earlier. That said people find this process very confusing, so anyone out there doing work to demystify it is a winner in my books.

user1977

Why do you think they might be interested in your reasons for liking their property?

AskAsk

i don't think it will make any difference.  the price you offer will be passed on to the seller and they will compare it against other offers.  they will accept or reject on what they think their house is worth.  whatever you say won't make much difference.

the agent will ask important information like, how much deposit, have you got anything to sell, and pass this on to the seller so they can assess you with other offers.  a video trying to speak directly to the seller won't be passed on by the estate agent anyway, and so you are talking to the EA, who doesn't really care apart from the above questions that i have already mentioned.

donutandbeer

I think a short message is fine. Who knows, some people will like it, some might not (so do keep it short otherwise it starts to become creepy).
 
If you bought through some online estate agents then when you make an offer you will be prompted to leave a short message (in addition to information about your financial situation), we left a very short one just because it felt a bit cold to leave blank. Our offer was accepted but we are probably also the most proceedable buyer. When we sold our previous property we had thought that it would be nice to find a buyer who has similar interest in our garden as we did, and if there were some close offers we would have chosen someone who we feel has a stronger emotional connection with the house (so less likely to pull out) and not necessarily the highest bidder. It didn’t happen for us but I can see people being affected by it.

Woolsery

Depends on circumstances. When viewing smallholdings I was always aware vendors had spent maybe 25 years building what was there, planting trees, creating ponds, or whatever. It was always politic to praise what they were doing, even if my ideas might have been radically different. Granted, it wouldn't make much difference outside a tight bidding situation.

First thing we did when we actually bought one was find a guy with a very big digger and erase everything in the home acre!

MrCarrot

I find the idea completely cringe, but it seems kind of fitting now the younger generation can no longer be bothered to type or write and instead prefer to create videos.

Personally I like it if I get to meet the seller during a viewing, so I can explain my circumstances and get a feel for theirs.  This has worked for me twice now - the last time the agent showed us around but the sellers were at home and we got to introduce ourselves.  The same thing happened to a friend of mine and he was fortunate to meet the seller just as he was leaving the viewing, and I think his conversation helped to secure the property over and above what other people offered.

Shaztastic3000

fourmarks said:

Shaztastic3000 said:

I have received quite a few video offers. Some are good , some less so, but if they don’t make a video then they ain’t getting my house!

So, using myself as an example, a  cash buyer, currently in rented accommodation, offering the full asking price would not be an acceptable purchaser due to the lack of an equity card?  Some might say that's a tad self defeating.

Indeed. In 2022 if you cant even be bothered to make a quick video you’re not a serious prospect.

woahsoah

Brokenlynx said:

Do people think this is a good idea? Or, has anyone here done this or received offers like this in the past? If you were going to do this what detail would you include? And are agents agreeable to doing this? 

Any help is appreciated with this question, thanks in advance.

No. It is a daft idea. Who cares? The property market isn't for tugging at the heart strings. If you're the highest bidder or are near top with the best funding you'll get it.

What a bizarre prospect!