This week I negotiated a new asking price on my next house (I’d agreed the original price before lockdown and the market has changed quite a bit with the economic outlook).
The buyers of my house have today lowered their offer. I was kind of expecting this and would have thought they would be a bit silly not to! My issue is the amount they are asking for! They’re asking for a 12.5% reduction 😐). Obviously I’ll be negotiating them down from that! My question is by how much? I got a 8% reduction on my next house, I was hoping to keep some of that!
So
YABU - you should give them the same reduction as you’re getting
YANBU - this is a business transaction you should counter with a lower reduction, say 5%?
For context, they are first time buyers living with parents. I’m concerned they might pull out altogether.
Please or to access all these features
Please
or
to access all these features
AIBU?
Help, my buyers have reduced their offer!
176 replies
LemonadeFromLemons · 22/05/2020 20:22
OP posts:
Am I being unreasonable?
735 votes. Final results.
POLL
You are being unreasonable
71%
You are NOT being unreasonable
29%
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