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To email offer confirmation

(31 Posts)
goldenflappy Thu 27-Sep-12 10:41:09

Morning All. Just offered on a NewBuild. Six properties on site have sold in last four years. OH just rang them to offer at 3rd off asking price. They turned him down flat without even taking a contact number. AIBU to email the offer to confirm?

OutragedAtThePriceOfFreddos Thu 27-Sep-12 10:42:27

Well it's not going to do any harm, but a third off the asking price does seem like a lot. I'm not surprised they turned it down flat.

goldenflappy Thu 27-Sep-12 10:44:52

It has been on the market for 4 years though, we thought we'd try a cheeky offer. Its first and final cos we got no more to offer xx

sillymillyb Thu 27-Sep-12 10:46:09

If its through an agent (as far as I remember) they have a legal obligation to notify the vendor in writing of any offers. we always used to send a copy to the person who'd made the offer too.

However, a third off, even in this market, is a substantial drop and is unlikely to be entertained.

CamperFan Thu 27-Sep-12 10:47:01

You may as well email them. Are they kisses by the way?

WorraLiberty Thu 27-Sep-12 10:48:11

Do you mean a third 'of' the asking price or a third 'off' the asking price?

Sorry, not sure if you made a typo or not?

goldenflappy Thu 27-Sep-12 10:48:25

lol campervan they are. Im in a kissing mood xx

OutragedAtThePriceOfFreddos Thu 27-Sep-12 10:48:41

On the market for four years! shock

Was it on the market off plan for some of that time?

I don't think there's anything wrong with making a cheeky offer, and it would do no harm at all to email your offer so you may as well. Just don't be surprised if they don't take it seriously.

Finbert Thu 27-Sep-12 10:48:49

I would email just incase, my parents once had an offer on their house they weren't aware of for weeks as the estate agent had said no!!

goldenflappy Thu 27-Sep-12 10:49:13

Worra - a third off.

goldenflappy Thu 27-Sep-12 10:52:23

Outraged - yes 4 years and not off plan. Lots of new developments where we live.

OhSoSimple Thu 27-Sep-12 10:53:00

I would email the offer too.

However, the agent is not legally obliged to pass the offer on IF the vendor has stated to them they do not want offers of less than x passed on. We have done this in the past to avoid being bothered with timewasters.

It's always worth a shot though, doesn't Kirsty Allsop say you should feel embarrassed by your first offer? FWIW we offered low on a house that we loved (as has always worked in the past) and the vendor was so insulted he refused to sell it to us even for the asking price!!!!

AKissIsNotAContract Thu 27-Sep-12 10:54:50

how much is it on for?

goldenflappy Thu 27-Sep-12 10:56:42

It was direct to head office, not through an agent.

goldenflappy Thu 27-Sep-12 10:57:07

akiss its on for £159

CamperFan Thu 27-Sep-12 10:58:28

I think a third off is a reasonable starting point for a house that has been on the market for 4 years. At the end of the day it's all about price and clearly no one is prepared to pay the asking price. They are probably thinking about it already but waiting for you to make a higher offer based on their outright refusal. I would email them. But if that's your final offer then don't get your hopes up...

Graciescotland Thu 27-Sep-12 11:00:46

I'm making an offer on a property that has had a third lopped off the asking price. Old, in need of serious renovation and being sold to divvy up the inheritance though.

The problem for them is that if they took your offer it'd effectively devalue the entire estate by a third as everyone would check for comparables. No harm in trying though.

sue52 Thu 27-Sep-12 11:06:00

If it's been on the market for 4 years, it's overpriced. Are there any deals on it, part exchange and so forth? Is it a big developer (Wimpey or the like)?

goldenflappy Thu 27-Sep-12 11:07:01

yes, there are deals. No more p/x on the site though because they have met their quota.

sookiesookie Thu 27-Sep-12 11:08:17

I would, but expect a no.

goldenflappy Thu 27-Sep-12 11:09:41

any suggestions on what would be sensible?

OhSoSimple Thu 27-Sep-12 11:15:31

Do you really want the house? If so how much are you willing to pay taking into consideration what you have said about it so far. I would decide on this. If you are not in love with the house obviously this is easier!

I would then e-mail the offer through to head office - perhaps ring and get the name of who ultimately decides whether or not offers are accepted. I would tell them that's your best and final offer and any other persuasive factors (are you chain free, able to complete within 28 days blah blah).

If you think it's only worth what you have offered so far then I would still email/ post this to them in writing.

Good luck!

DeWe Thu 27-Sep-12 11:28:58

Well, has it altered it's offer in 4 years. I mean if it's been at £159 for 4 years then a third off is reasonable as a try (but they don't have to accept obviously). If it was on initially for £259 and has slowly been sinking then it probably isn't reasonable.

I'm guessing your offer is aound £100 (I don't think you'd get a garden shed round here for that grin). Roughly at present they say about 10% off asking is what they're aiming for. 10%= £16, So they're hoping for about £143.

Assuming it's been on the market at £159 for 4 years, I'd think that 20-25% of was reasonable for them to take. 25% = £40, so about £120- £128, is probably what they'd consider a reasonable offer. You might get slightly more off if you're lucky.

I'd email them something along the lines of. "Just wished to confirm our offer of £100."
That way if you then think you can raise to £110, they know you've raised to offer once if that make sense. They may think £100 is your beginning to bargain offer, and are hoping you can raise.

goldenflappy Thu 27-Sep-12 11:38:05

have emailed......

maybenow Thu 27-Sep-12 11:41:22

can you find out what they were inititally on the market at? £159 might already be a third or more off what they hoped for initially.

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