Should I put in an offer before my second viewing?

Deanlangdon14

My other half and I seem to have been quite lucky in our property search. We've found a house we really like after just a couple of weeks. The right area, close to everything, has all the particulars we wanted. Looks all good in terms of structural integrity,  gas/electric checks, boiler servicing, plumbing. No issues whatsoever in the first viewing.

It's been on the market for just over a month and has been reduced once already. It has apparently had quite a few viewings, but no offers yet. To me this kind of just feels like an offer is due at any moment. And I believe the seller is looking to sell quickly.

We're really excited for it, and we've booked another viewing to inspect everything in more detail. But we are quite ready to put in an offer already, after all it's not legally binding. The offer will be our best one, as we can really only afford about 10% under the asking price, and I don't think we should offer any lower.

However I've googled this topic and a few articles said that it's not advisable to make an offer before your second viewing. I'm not really sure I understand why? If you spot any new flaws at the second viewing you can always reduce your offer or withdraw it.

I guess it would be a bit awkward if the offer gets refused and it was my best one, and then I can't view the property again to spot something else that can help me in the negotiation. But is that risk higher than the risk of someone else making an offer first? Or is there a chance that the seller might see I have a second viewing booked, and refuse my offer in the hopes that my second viewing will convince me to offer more? In fairness I am not that great at negotiating so I don't know all the tactics.

If I could have some input on what the downsides of making an offer before the 2nd viewing are, and what other people would do in this situation, I would really appreciate it!

All the best,
Dean

davemorton

I have never heard about not putting an offer in until a second viewing, many people dont have a second viewing until a lot further down the line. 

housebuyer143

I think it sounds indecisive to put in an offer before your second viewing. You either don't have a second right away or you do and you offer afterwards. 
The seller is probably going to be confused why you are offering but then wanting to see it again and will almost certainly wait until you have seen it again before accepting or refusing said offer. 

Deanlangdon14

housebuyer143 said:

I think it sounds indecisive to put in an offer before your second viewing. You either don't have a second right away or you do and you offer afterwards. 
The seller is probably going to be confused why you are offering but then wanting to see it again and will almost certainly wait until you have seen it again before accepting or refusing said offer. 

You make a good point. In truth it's not that we're indecisive at all, it's just that my partner wasn't at the first viewing (which I should have probably mentioned but the post was already too long.)

The other reason is that we just want to make extra sure everything is okay before we spend money on surveys and legal fees. But we also want to be the first ones to offer. I see what you mean though and I understand why the seller might be confused by all that.

MFWannabe

When is your next viewing? If you have this booked I would say even if there was an offer seller isnt likely to accept until you or anyone else have viewed 
Second viewings show you’re keen 

Deanlangdon14

MFWannabe said:

When is your next viewing? If you have this booked I would say even if there was an offer seller isnt likely to accept until you or anyone else have viewed 
Second viewings show you’re keen 

It's for 3 days from now.

Seems like there are others who agree with you on that. Thanks for your input!

mi-key

If you can only afford 10% under the asking price you may be stretching yourself a bit far 

babyblade41

If you have done all your due diligence before viewing then why not, unless you are going in really low then nothing to lose if you are serious 

Emily_Joy

It is perfectly fine to put an offer forward subject to a second viewing. I would also advise to add any other conditions (e.g. subject to a survey, a request that the viewings are stopped and the property is taken of market, etc).

Deanlangdon14

Emily_Joy said:

It is perfectly fine to put an offer forward subject to a second viewing. I would also advise to add any other conditions (e.g. subject to a survey, a request that the viewings are stopped and the property is taken of market, etc).

That's very good advice, thank you!

lika_86

Emily_Joy said:

It is perfectly fine to put an offer forward subject to a second viewing. I would also advise to add any other conditions (e.g. subject to a survey, a request that the viewings are stopped and the property is taken of market, etc).

If I was selling and the offer was conditional upon everything being ok after the second viewing, there's no way I'd stop viewings or take the property off the market. I think that's a push as an ask, unless your offer is genuinely a brilliant one above asking.