To think being 'offended' by an offer to buy your house..

[slingingtothemusicinmyhead]

Is a bit over dramatic?

Currently put in an offer on a house. 15% below asking price.

It's over priced. It's priced similar to other houses on the street that have recently sold but it needs a bit of work (new kitchen, ancient electrics etc) and those houses had been thoroughly modernised.

They're offended and do not want to hear from us again.

Is this sort of hysterical behaviour now normal when buying and selling houses?

Do people really just offer the asking price straight off?

It depends how much you like it. If it's close to perfect, if it seems like a bargain, I would rather offer the full price than play games in the hope of knocking a couple of grand off but risking missing out.

15% isn’t that low a reduction, ime.

Emotion should have no place when selling something
It often can when buying - you need to like a property if you are going to live in it.

ChelleDawg2020

That's not how people sell houses at all. There's often some negotiations. People often put houses on the market over the price they actually end up selling it for. For that reason people often put their first offer in below the asking price. There's often some degree of negotiation then the house eventually sells for somewhere between the initial offer and the asking price. Telling someone to "shove it" because they'd rather pay less for it and you'd rather they pay more (which is how it always works) is very childish!

They're "offended" because you are saying that their house is not of the same standard as similar houses in the street. They probably think the decor is great but you are basically saying that it isn't.

Is the 15% off the amount it would cost to get the house up to the standard of the others on the street that went for a similar price?

We ended up waiting 8 weeks to put an offer in on a house as thought that might be the reaction we would get offering more than 15% under asking in the week it went on the market. 8 weeks with no offers and not many views the sellers were more realistic!

I would just say, "no thanks, try again". It's common for people to go in low on their first offer, I think it's hilarious and unreasonable they said they were offended. Who gives a shit if some randomer doesn't like your wallpaper and thinks your electrics need doing?! Were they young? They sound naive to the way the world works.

We negotiated 24% off ours. It had been on ages, was unfurnished, overpriced (though not by 24%) and needed a lot of imagination & money spending at a time when the market was a bit flat.

Do people really just offer the asking price straight off?

We had to, we kept being outbid on houses we liked. We put in one offer and it ended up going for £25k more than asking price. We we're shown one house before it was ofically on the market, and despite it needing work we offered asking price (and asked for no more viewings / not to be listed) knowing if it went on the market it would be snatched up out of our price range. Luckily we got it.

I actually think it is a bit hysterical that they 'don't want to hear from you again' - If that was actually communicated to you then they sound laughable.
I get how people are with their homes and taking offence but surely they've shot themselves in the foot by acting so over top, it isn't as though they have any idea whether you would receive the rejection, regroup and say ok , here's an improved offer.
Of course it's up to them if they don't want to deal with any potential buyer but really, surely this is just how buying and selling houses work. I wonder how long it will take them to find a buyer!

15% is perfectly reasonable as an opening gambit, they're being very silly

It's not hysterical. They can tell from your first offer that you are not going to offer a price they will sell for. By saying you don't need to contact them again, they are avoiding wasting everyone's time while you possibly submit a series of marginally increasing offers which will only irritate everyone.

I always say there's no harm in a low offer, but I get puzzled by buyers thinking they can set a "correct" price for a house. There is no such thing. You are not prepared to pay the asking price for that house, so just move on to the next.

We got nearly 25% off the initial asking of our house, and had gone in more than 10kess than that.

That certainly wasn't going to be our final offer. I would've gone to about 90% ish.

Wonder if she's reading this? She had kids. waves

When we sold our last house, one couple offered £60 grand under the asking price. We'd be able to move to a worse house than the one we were selling The estate agent was annoyed as he knew they could afford more as the in house mortgage broker told him!

We put in a low offer and were rejected once.

Then the area flooded BADLY and their solicitor came back to us again, but strangely we were no longer interested. It stayed on market for-just-about-ever. Thank God they rejected us!

I wouldn’t be offended by an offer but I would think you were cheeky sods if it was a lot under. If this is just one house amongst many possibles for you, it’s worth risking a cheeky offer but if you really want a house, it’s fine to make an offer but you need to pitch it carefully so it doesn’t fall into cheeky sods territory. The estate agents can usually give you a steer as to what sort of offer might work.

Not wanting to hear from you again - really odd. Even if you came back with the asking price or above?

Weirdos. Them not you.

I'd offer the asking price if I was very keen on a forever home that would rarely come up for sale
and it was likely that others would be keen too.

So it's then paying probably a bit extra for strong personal preference, not just a business transaction.

Selling should always be business though - it won't be yours afterwards, anyway

Some vendors are desperate / eager for a quick sale, so if it*s not your dream home, always worth trying an offer below what you think it worth
If rejected, wait a couple of weeks, then up the offer

Depends how much 15% is?

(imagines! middle Victorian father image!) & don't darken my doors again! :) lord obviously not used to selling & buying houses - one of our past prospective buyers offered well below - we just thought they were not serious buyers & were trying it on (ie couldn't afford it) - just said no (mind whether the agent said something else - it could be the agent trying to encourage higher offers)

Its just cheeky i bet you would not be impressed if someone offered 15% lower then the asking price if you were trying to sell.

Low balling offers are normally red flags that the people buying are piss takers that at crunch time will want much more off when they think the have you over a barrel.

Aka i had someone 24 hours before exchange wanted 30k off her offer or she would walk away. We called her bluff by walking away oursleves she thought we were despite to sell and needed a quick sale. She came crawling back trying to get us to sell to her for orignal offer. But we refused piss takers like that ate not worth dealing with.

Someone offered us 25% less than the asking price once. They wanted to turn our beautiful house into a hotel, and wanted us to pay their costs. I was offended. Seriously bloody offended. Obviously we told them to sling their hook, and accepted an asking price offer shortly afterwards.

The only time I have been offended was when someone put in an offer waaaaay below the asking price because his wife felt it needed re-decorating. She wanted marble floors, a £60,000 kitchen etc. So we were expected to pay for it and they tried to make it sound like a favour. We rejected the offer and didn't come back with a counter offer as we didn't feel they were serious. They tried to up their offer but it was a busy market and someone came in and offered full asking price. We were willing to negotiate but they just pissed up right off with their attitude and we had plenty of other people interested. Although I didn't go as far as to tell them I was offended OR refuse to speak to them again! That does seem like cutting off your nose to spite your face.