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Join our Property forum for renovation, DIY, and house selling advice.

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Join our Property forum for renovation, DIY, and house selling advice.

Property/DIY

First day offer - wwyd?!

27 replies

Cinderpi · 18/04/2017 18:14

We put our house on the market on Friday, had three viewings today and one offer! The house is on for £140k, and the offer is £138k; buyer has a very short chain and ready to move asap, as are we...

I've never sold a house before - would you take the first offer? It's higher than we expected!

OP posts:

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McSporran · 18/04/2017 18:28

Yes. A bird in the hand and all that stuff. Play nice.

Squirrelonwheels · 18/04/2017 18:41

We're in a similar position and have decided to let the others who have already viewed have a chance to put offers in aswell if they want, but we're not going to continue to do viewings after that I don't think. Exciting times - good luck!

wowfudge · 18/04/2017 18:56

You could allow any viewings which are booked in but if you accept the offer don't allow viewings after they have had their survey done.

Maggy74653 · 18/04/2017 19:19

I would ask the EA to see if they have contacted the other viewers about offers. We had three viewings in one day and ended up with offers from all of them so it went above the asking price.

Astro55 · 18/04/2017 19:22

I think of theyve offered a good price and have sold - then just accept it. They may have looked for a while and need to move I don't see the problem.

Flightywoman · 18/04/2017 19:27

I'd take it! £2k off your asking price, a short chain - what is holding you back?

MrsFezziwig · 18/04/2017 19:33

I would check with the EA too re other offers - sometimes (sensible) people like to think things over so may not put an offer in on the same day.

oldestmumaintheworld · 18/04/2017 19:35

Grab it with both hands. Very quickly. Elections always slow down house hunting so get in quick

Lilmisskittykat · 18/04/2017 19:43

2k off your asking price? Take it no questions

Cinderpi · 18/04/2017 20:13

Thanks all! I'll be phoning to accept first thing in the morning I think!

OP posts:

GrubbyWindows · 18/04/2017 20:27

Ask if it's their best and final or you'll be kicking yourself!

d270r0 · 18/04/2017 20:28

Yep I'd definitely go for it.

MissDuke · 18/04/2017 20:36

We did exactly this - I was delighted to not have to keep cleaning the house and keeping the kids out of the way, so accepted an offer from our first viewer. We were offered enough to let us move on so we didn't see the point in being greedy

MissDuke · 18/04/2017 20:36

Mind you, ours was a cash buyer

DoristheNovice · 18/04/2017 20:47

We were in the same position as you with an offer only 2k below asking and we accepted straight away. I know some people like to play the game but quite frankly the thought of loads of families traipsing through my house was always going to be a ball ache! (it fell through because our buyers buyer was an arse, but we put it back on the market and the same thing happened again, offer straight away, 2k below from ftb's) Good luck!

PuntCuffin · 18/04/2017 21:17

I'd say that as it was the first day of viewing that if they can go to asking price, you'll take it off the market and allow no further viewings.
But I live in a very expensive area and we were the only ones who viewed our house. Vendors basically said what I said above - we made an offer and they said asking price or it stays on the market. We liked it enough that we found the asking price.

MrsNuckyThompson · 18/04/2017 21:23

I doubt 138 is their best and final. I'd say you'll take it off for 142/143k. Bet they accept.

McSporran · 18/04/2017 23:14

That's horrible NuckyThompson!

OP, keep your pride and don't play games. Karma.

Shortdarkandfeisty · 18/04/2017 23:15

Yes take it

Maggy74653 · 18/04/2017 23:16

I don't think it's bad at all to ask them to raise their offer or to wait and see the outcome of other viewings you've had. It's not playing games to explore your options.

Astro55 · 18/04/2017 23:21

I'd also consider this - the house you want offer what ever -£2K

It works both ways you know

HonorBright · 19/04/2017 22:52

Why wouldn't you?

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Cinderpi · 19/04/2017 23:04

We've accepted - they're lovely people and it's a good offer, plus it means no more panic cleaning with a small baby... Our first offer on the house we're moving to was accepted too, so it seems fair!

Thanks all for the advice!

OP posts:

HonorBright · 19/04/2017 23:14

Congratulations, Cinderpi. I think it's easy to forget when you have been burned by a few bad experiences (bitter experience) that house sales and purchases can actually be quite straightforward when there are no complex circumstances and everybody involved is a reasonably decent human being. It sounds like you got the pricing of your house spot on. I very much hope that all goes smoothly from here for you.

McSporran · 20/04/2017 07:35

Well done OP. You too sound like lovely people. I hope your purchase goes as smoothly.

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