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To think this is a cheeky offer?

(133 Posts)
cakesandphotos Sat 06-Aug-16 16:44:50

My husband and I went to see a house which is on the market for £140k. My husband wants to offer £110k because it's been on the market about a year and the guy is keen to sell. I think this is too low and a bit cheeky. I think starting at £120k is more realistic. AIBU or is he?

trinity0097 Sat 06-Aug-16 16:45:48

Nothing ventured nothing gained!!!

MrsBungle Sat 06-Aug-16 16:49:27

You may as well try. Cheeky or not.

StillStayingClassySanDiego Sat 06-Aug-16 16:49:44

I'd agree with trinity, offer and see what reaction you get.

pinkieandperkie Sat 06-Aug-16 16:50:10

Give it a go. You can always go up.

Lovelongweekends Sat 06-Aug-16 16:50:39

Definitely try, we've made cheeky offers on at least three houses in the past and got them all!

Hariasa Sat 06-Aug-16 16:51:23

Be cheeky. He'll say no, you can meet in the middle and everyone will be happy.

timelytess Sat 06-Aug-16 16:51:30

Try it. I have my eye on a property that went up for sale at £210 000 a couple of years ago and is now down to £140 000. If I had any money, I'd make a cheeky bid.

Brokentopieces Sat 06-Aug-16 16:51:40

Apparently your first offer should be a figure you're embarrassed to offer, according to Kirsty and Phil

Beeziekn33ze Sat 06-Aug-16 16:52:36

Be cheeky!

ExcellentWorkThereMary Sat 06-Aug-16 16:53:34

Definitely make a very low offer to start. If you offer 120 and he says yes immediately you'll always wonder if he would have taken 110...

miwelaisjacydo Sat 06-Aug-16 17:04:51

When we bought our house it was on at £145k and we got it for £125k. No harm in trying the lower offer but for us we made one offer only.

almostthirty Sat 06-Aug-16 17:07:20

Ours was on the market for £375k and we got it for £345k.
You can only go up, if you start higher you can't go lower. The worst that can happen is they say no, the best, you save lots of money! Go for it!

Arfarfanarf Sat 06-Aug-16 17:08:58

It's fine.
Your first offer is only ever your opening move i believe

MrsDeVere Sat 06-Aug-16 17:09:29

Message withdrawn at poster's request.

pinkyredrose Sat 06-Aug-16 17:11:55

He's being sensible. Start lower than you mean to pay, it'll give you leverage to go higher plus you never know the seller might accept!

CodyKing Sat 06-Aug-16 17:12:50

Id disagree!! I've always put in a cheeky offer and my DH has been embarrassed

One was 125k and we got it for 108k

Next was 325k and we offered and got 290k

Keep your cool you need to negotiate - there's plenty of houses for sale at the moment

MiaowJario Sat 06-Aug-16 17:13:25

Both times I have had cheeky offers made to me, I have said no, held out for the asking price and got it. Both times any requests for extras (garden furniture, curtains) were refused or quoted a high price, and we have stuck very firmly to the exit/entry date that suited us best.Whereas the time I sold to a person who spoke to me in person first and stuck to the fair offer we agreed in person just got everything he asked for thrown in. He was welcome round before he moved in for a cups and to measure up. He came round with a teddy for the kids before we left and we left behind champagne and chocolates for them. Much less tressful process for all involved.

GabsAlot Sat 06-Aug-16 17:13:41

definitely do it-its done all the time its not insulting its just the way it goes u go in low then go up gradually till u meet somewhere which is acceptable for both

sooperdooper Sat 06-Aug-16 17:14:15

Yes go low, he can only say no and if it's been on the market for ages it's not likely you'll lose it by putting in a low offer

champagneplanet Sat 06-Aug-16 17:14:17

The seller may be cheeky to be asking £140k, if you don't ask you don't get. What's the worst he can say?! Just go for it!

MiaowJario Sat 06-Aug-16 17:14:53

This attitude is why the country is going to the dogs...

CarlGrimesMissingEye Sat 06-Aug-16 17:16:11

We took the advice that if you aren't embarrassed by your first offer its not low enough. Go for £110k. Why not! They can only say no.

CorkieD Sat 06-Aug-16 17:17:01

Absolutely go in at the lower price.

The house has been on the market for over a year at £140k and hasn't sold even though the housing market has been very good. There has been a major dampening in the housing market in the last month and the market now looks uncertain at best. The seller is bound to be getting nervous at this stage.

YoungGirlGrowingOld Sat 06-Aug-16 17:19:41

We put in a cheeky offer and after a bit of argy bargy agreed on a figure about 70k below the asking price. We moved in to find shit in all the toilets, every lightbulb smashed and a heap of charred furniture in the garden!

We tell ourselves that they were just twats and would have done it anyway hmm

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