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loulou41
Posts: 2,871 Forumite
I am due to view a house on Monday and the asking price is £282,500. it has been recently refurbished but the garden according to the EA is in a mess and needs attention, also they have demolished the garage although there is a space for one. Shall I try to negociate with the owner myself and what should I offer? Last year,a semi in that road was selling for £247,000, but the current owner has put a new kitchen and bathroom. There is also a shower room downstairs. I do not want to offend the owner, how much should I offer? Houses are selling quite fast in Harrow within 2 weeks of being on the market and I do not want to miss the boat as they seem to be getting more expensive. Thanks
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Comments
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There are too many variables to say if it is best to go through the agent or not when negotiating. Some agents just want rid of properties so it can be good to go through them as they will advise their client to accept the offer, at the same time others will advise them not to as they have seen how keen you are for it and think you (or someone else) will pay more.All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
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Another factor is the 250k mark, if you go above it you will end up paying stamp duty at 3% rather than 1% an extra £5,000. For this reson it is difficult to get offers in the £250-270k region.I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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Don't worry about the offering just yet, go & see the property & make sure its the one for you. Do all the research you can before putting an offer in. The vendor may want to negotiate via their EA anyway, that is what she is paying for.0
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If there's an opportunity to make your offer direct to the vendor, I'd go for it. The vendor is less likely to know the tricks of the trade than the EA.
Make it a one-off offer, acceptance immediately or not at all - that way the vendor hasn't got a chance to get back to the EA for advice.0 -
You can offer the vendor what you like.
The vendor can accept your offer.
They can later change their mind if they get a better offer...0
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