Offering significantly under asking price (15%)

(39 Posts)
Istory Sat 05-Sep-20 21:38:14

Am I just wasting everyone's time by doing this? The house is being listed as having a feature it does not actually have, that you pay a big premium for round here. The price I'm thinking of offering is in line with what other flats go for in the area. Does anyone have any experience of this?

OP’s posts: |
CasuallyMasculine Sat 05-Sep-20 21:40:02

What is the feature?

CasuallyMasculine Sat 05-Sep-20 21:40:36

I’m guessing off-street parking?

Bluntness100 Sat 05-Sep-20 21:42:07

Depends what’s the feature and are you sure it doesn’t have it? 15 percent is a massive premium for whatever it is.

Bluntness100 Sat 05-Sep-20 21:45:33

Also what does the agent say about the misleading advertising?

JoJoSM2 Sat 05-Sep-20 21:48:12

You can try. Just bear in mind that sometimes asking prices are v inflated because the seller isn’t realistic. So it’ll probably be a no.

CoffeeRunner Sat 05-Sep-20 21:51:40

Is it allocated parking? If so that could well be worth 15% less. TBH I can’t really think of many other “features” that would be worth as much. Unless we’re talking about basics such as GCH or an extra bedroom.

Advertisement

Istory Sat 05-Sep-20 22:00:35

I don't really want to say because you never know who's reading... but it's a feature that's been very popular in lockdown if that is a helpful hint.

OP’s posts: |
Bluntness100 Sat 05-Sep-20 22:02:47

Eh, how can in any way it be revealing op? People can’t help you if you don’t give info?

Do you mean a garden?

Lucindainthesky Sat 05-Sep-20 22:19:50

A garden?

I know exactly who you are now!

HerNameWasEliza Sat 05-Sep-20 22:20:33

Private garden? Swimming pool? It sounds like it's worth a try in offering so much less. Cheeky of them to suggest it has something it hasn't.

aveggie Sat 05-Sep-20 22:36:54

Hot tub? Gym?

CasuallyMasculine Sat 05-Sep-20 22:39:15

Istory

I don't really want to say because you never know who's reading... but it's a feature that's been very popular in lockdown if that is a helpful hint.

Honestly, OP, no-one can identify you on an anonymous forum by the fact that you’re buying a house.

CasuallyMasculine Sat 05-Sep-20 22:39:37

Lucindainthesky

A garden?

I know exactly who you are now!

grin

ulanbatorismynextstop Sat 05-Sep-20 22:41:11

It's a hot tub

Babs709 Sat 05-Sep-20 22:41:47

I vote bomb shelter.

Offering doesn’t really involve much time at all so I can’t see you’d be wasting anyones. (Unless you’re in Scotland... isn’t that more complicated?) Go ahead I say.

CountFosco Sat 05-Sep-20 22:44:41

(Unless you’re in Scotland... isn’t that more complicated?)

It's rare to offer below the asking price, it's usually offers over.

NotABeliever Sat 05-Sep-20 22:45:20

Im guessing a garden room fitted out as an office. How can the estate agents say it has one if it doesn't though 🤔

Starlightstarbright1 Sat 05-Sep-20 22:46:12

No idea, maybe ask someone who you want to share all the information with

PuppyPowerPowder Sat 05-Sep-20 22:46:33

I want to know about the non-existent home office, too.

KoalasandRabbit Sat 05-Sep-20 22:54:15

Is it like a room with your own ICU bed? If so yes would definitely take 15% off.

Rossita Sat 05-Sep-20 22:56:37

KoalasandRabbit

Is it like a room with your own ICU bed? If so yes would definitely take 15% off.

Best response ever! 😂

felineflutter Sat 05-Sep-20 22:57:14

A large pantry for prepping and toilet roll storage??

ReeseWitherfork Sat 05-Sep-20 22:58:12

A soundproof room to hide from the family in?

Peridot1 Sat 05-Sep-20 22:59:40

You can offer whatever you like. It doesn’t matter. They say yes or they say no. If they say no you can up your offer or not. If they say yes great.

We always ask the agent - Is there room for negotiation? They will let you know. If the vendor is stuck in £X they will tell you. But they legally have to put your offer forward whatever.

Join the discussion

To comment on this thread you need to create a Mumsnet account.

Join Mumsnet

Already have a Mumsnet account? Log in