Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • thelem
    • By thelem 4th Mar 18, 7:42 PM
    • 698Posts
    • 509Thanks
    Interested in two properties - how to offer?
    • #1
    • 4th Mar 18, 7:42 PM
    Interested in two properties - how to offer? 4th Mar 18 at 7:42 PM
    We viewed a few houses this weekend and are preparing to put an offer into an estate agent on Monday.

    There are two properties that we are equally interested in. Both are on for the same price, and both have been on the market for a few months. They are on with different agents.

    What would you tell the agents?
    - Is it acceptable to offer on both, and then withdraw one of the offers if both accept?
    - If not and we pick one to offer on first, should we tell their agent about our backup plan?
    - What should we say to the backup agent?

    I think I know what I'm going to say on Monday, but I'd like to hear what other people would do first.
    Note: Unless otherwise stated, my property related posts refer to England & Wales. Please make sure you state if you are discussing Scotland or elsewhere as laws differ.
Page 1
    • AnotherJoe
    • By AnotherJoe 4th Mar 18, 8:01 PM
    • 9,380 Posts
    • 10,356 Thanks
    • #2
    • 4th Mar 18, 8:01 PM
    • #2
    • 4th Mar 18, 8:01 PM
    I would low ball offer on both and see what happens.
    I think it would be in your interest to tell the agents that this is what you are doing and you will be going with whoever accepts first, as it shows you are under less pressure than most when it comes to buying.
    • betsie
    • By betsie 4th Mar 18, 9:40 PM
    • 404 Posts
    • 395 Thanks
    • #3
    • 4th Mar 18, 9:40 PM
    • #3
    • 4th Mar 18, 9:40 PM
    I would go in at 10% below on both. State your plus points that make you a good buyer and the negative points on the house as to why you should pay less.
    Each will either, accept, counter offer or decline. If they counter off, go back with a slightly increased one.
    You progress from there. If both agree too sell at the same price consider all the pluses and negatives of each property to help you decide. Also consider what the forward chain is like for each one.
    • juniordoc
    • By juniordoc 4th Mar 18, 9:47 PM
    • 364 Posts
    • 286 Thanks
    • #4
    • 4th Mar 18, 9:47 PM
    • #4
    • 4th Mar 18, 9:47 PM
    Depends on your position as a buyer, are you chain free? Do you have a good deposit and solicitor ready? What is the position of both sellers? Do they want a quick sale or do they need to now find somewhere to buy?
    Lots to consider.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4Posts Today

4,001Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line?

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin