Should I accept this offer on our house?

[Alana2000]

Put the house on the market in March, just before the pandemic for £300,000. Had a few viewings which didn't come to anything and then UK went into lockdown two weeks later. Now the housing market is open again, we have had another three viewings and someone has offered £270000.

As it is predicted that house prices are likely to fall, should we just accept this offer? I don't think that the price we put it up for was overvalued at the time of valuation (pre-pandemic) as four estate agents suggested the same price.

We don't have to sell, as we could rent it out instead (if push comes to shove).

Any thoughts would be a great help!

However offering 10% under is probably quite normal.

We always offered 10% lower to start negotiations - it's all a weird game. Counter with 290k and don't accept less than 280k. If it's a long term home for them, the impact of corona will be long gone and I hate that people try to take advantage of things like this.

Also hate when everyone suddenly becomes an economist

I hate that people try to take advantage of things like this.

what does that even mean?

I'm a homeowner, if we were selling & move up the ladder I'm not going to be offering asking price.

Make a counter offer!

Thank you AlwaysCheddar, mapsie and soph1987

I really appreciate all of the excellent advice everyone has offered.

Thinking of asking if they will meet us half way between their offer and our asking price is £182,500.

Sorry, half way between would be £185000