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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To tell gazunderer to do one?

973 replies

Mustnotbeleftblank · 12/05/2023 08:19

Selling a probate property, due to exchange and complete today. Agreed price was £20k less than asking/previous purchase price and included all furniture. Ours was the show home apartment, and another was put on the market which is empty, much smaller and in a less favourable, dark and dingy aspect at £20k lower than our agreed price 🙄 this flat is with an EA who persistently undervalues these properties which is why I did not use them.

Received a call from our Estate Agents yesterday. Buyer still wants our apartment but now wants to pay the same as the cheaper, crappier one or he'll withdraw and buy the other apartment. I am properly pissed, but offer £10k off to get it past the line.

Buyer is firm, £20k less or he'll walk.

I think the buyer is trying their luck, the other property was marketed in March. I've seen the buyer at the building whilst clearing out the property, I know they've been to look at the other flat long before this week and I suspected that he would try something like this at the last minute. I am also confident it's our flat he wants, just at the crap flat's price.

I've made them wait for my response, and having slept on it I am of the mind to hold firm on the £10k drop, requiring immediate exchange to stop him dicking about, or deal's off. If he walks, I will still have the property to remarket as well as all the furniture the buyer wanted included in the sale which will cover fees to date, and he'll have taken the competing property off the market.

AIBU to not reduce further and wish them luck with the other property if they withdraw, or do I suck up losing £20k?

Selling a property in England sucks.

OP posts:
Devilinthedetail82 · 15/05/2023 19:38

WeBuiltThisBuffetOnSausageRoll · 15/05/2023 19:14

Says the poster with over 10,000 posts to her name

Wow, is it that many?! It's true that I do probably spend too much time on here, but even so, it's kind of like the difference between throwing a load of rubbish in your own bin over several years and determinedly going through a stranger's bins!!

I'm aware of how AS works, but you must have had a fair old trawl to find a comment that I made about buying or selling a house in amongst all of that - and even then you don't appear to have found any dirt! I suppose your username is very apt, though.

Hope your recovery goes well Smile

It’s brill AS

so just insert username and key word “house”. Popped up immediately!

Devilinthedetail82 · 15/05/2023 19:39

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PinkCast · 15/05/2023 19:57

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This is why I name change all the time. It's actually freaky that you have cyber-stalked to this degree.
There is another poster doing similar in other threads & I'm wondering if you are the same person.

DarrellRiversCriminalBehaviourOrder · 15/05/2023 20:17

It's pretty creepy behaviour (and meaningless; she's posted a lot, so what?) but at the same time I'm impressed you can get AS to work. I've always found it pretty shit.

SoupDragon · 15/05/2023 21:24

@Devilinthedetail82 WTAF is wrong with you? Stalking a poster like that is uncalled for and, quite frankly, weird beyond belief.

(To save you the trouble, I've posted way, way more than 10,000 posts)

PocketfulOfMiracles · 15/05/2023 22:28

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What’s mind boggling is how fucking creepy you are to AS a poster like this.

Weird. Really really weird.

weatherissweet · 15/05/2023 22:34

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mortified for you that you care enough to stalk someone on mumsnet

saraclara · 15/05/2023 23:06

I know who comes out worse on this thread @Devilinthedetail82 . And it's not Webuiltthisbuffet.

Devilinthedetail82 · 16/05/2023 05:35

A poster is calling any of us who didn’t agree with her essentially devoid of morals.

Hell yes I’ll spend…. Ooh let’s see, 10 seconds, checking out her history.

And sure enough…

NoraBattysCurlers · 16/05/2023 06:34

SchoolShenanigans · 12/05/2023 08:25

You must be very wealthy if you can afford to drop £20k overnight.

I'd reply, saying what you've said here. They're comparing apples with pears and you've decided you want to sell at original asking price as it's worth that. Take it or leave it and they have an hour to decide.

If you can afford to lose that kind of money on it, you can afford to start over and get a sound offer. They'll regret this, im sure.

Property prices are predicted to fall by 10% in the coming year. South East England has already seen a decrease in property prices.

Following @SchoolShenanigans's logic, Britain could soon be awash with 'very wealthy' people dropping prices by £20k, or even more.

A property is worth whatever a buyer is willing to pay for it. If the OP does not sell to the gazunderer, then the property is essentially worth what the underbidder was willing to pay.

However, the OP is in a good position. She can play the long game as she is in a position to keep the property in the hope that the property increases in value in the long term. Considering the rapidly ageing population in Britain, this may not be a bad strategy for a retirement property.

Schroedingersimmigrant · 16/05/2023 07:40

Property prices are predicted to fall by 10% in the coming year

They've been talking about crush for a year nearly now. Then https://www.google.com/amp/s/www.bbc.co.uk/news/business-65455132.amp
What really dropped were very expensive houses.

Ohpleeeease · 16/05/2023 08:07

Property prices are predicted to fall by 10% in the coming year

And we all know how predictable the property market is…

DogInATent · 16/05/2023 08:40

Property prices are predicted to fall by 10% in the coming year. South East England has already seen a decrease in property prices.

The property market never moves as a whole. The value if individual properties is always rising and falling dependant upon unique factors relating to the individual property and the area it's in. Less desirable properties always rise and fall further and faster under macroeconomic pressures.

At the end of the day a house had very little true value, the market value is always set by what someone is prepared to over-pay for a property. Or in an auction, the amount the amount the second highest bidder is prepared to pay (which accounts for the difference between market price and auction price).

WeBuiltThisBuffetOnSausageRoll · 16/05/2023 10:20

A poster is calling any of us who didn’t agree with her essentially devoid of morals.

Hell yes I’ll spend…. Ooh let’s see, 10 seconds, checking out her history.

And sure enough…

It's called having an opinion - which is the main point of a discussion forum. This place is full of them, but you don't have to agree with all or any of them - I certainly don't, just as many people frequently disagree with me. However, most people use counter-arguments relevant to the subject being discussed, rather than turn into self-styled private detectives looking for any previous postings that they can smugly twist into discrediting a poster.

If you are really so offended that people on this thread - many people, not just me - find it morally objectionable for somebody to make a deal and then renege on it at the last minute, in a deliberate strategy for exploiting somebody else's vulnerability for personal gain, then maybe my value judgments hit a raw nerve? On the other hand, if you strongly disagree, then you can safely discount our opinions as worthless in your view; no drama.

I don't know if the cyber-stalking is your regular modus operandi. I looked at another thread this morning and I noticed there that you randomly AS-ed the OP and 'reminded' her of how she had been coping with a similar challenging situation years ago. Again, you presented it in a 'gotcha' style, but again, it was nothing of the kind. I presume that you do realise that all of the users of this forum are humans, with changing circumstances, feelings and emotions, and not robots that never receive software updates?

By "And sure enough", I presume you are still clinging to the 'gotcha' that you mistakenly thought that you found on me - the same one that I very clearly demonstrated in my response post was a completely different situation and you comparing apples with oranges.

You need to know that most people find behaviour like this very creepy indeed and maybe even believe it to be verging on the paranoid. Folk are not generally impressed by those who act as 'retro-psychics' - randomly telling you what you did or said years ago about something very loosely connected to the topic at hand now and trying to use it against them by misrepresenting it, adding 2+2 and getting 609.

Also, I am not accusing you of having committed any crime, but this behaviour is one that many people who are found guilty of stalking-related crimes would consider part of their basic toolbox.

I've kept the same user name since I joined MN, as I personally like the continuity and, to an extent, the sense of community, inasmuch as you can have that on a huge international forum. MN is a place like no other, with the honesty, valuable support and shared fun to be found here in bucketloads. I like seeing the same names coming up regularly (as well as the new people coming along too) and seeing their personal takes on the discussions - the current discussions, that is, coupled with my general recollections of their individual outlook as a whole; not by cyber-wombling through their bins. I am now going to finally change it, as it seems that 'this is why we can't have nice things'.

Lucyislooking · 16/05/2023 10:39

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DepartureLounge · 16/05/2023 11:12

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Yeah, really, she'd better hurry back or there won't be space on the thread, what with all the bickering.

What happened @Mustnotbeleftblank? Put us out of our misery before someone has to go get the humane dispatcher!

AndIKnewYouMeantIt · 16/05/2023 11:17

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I know. I've had enough, I'm hiding the thread so it doesn't keep popping back up in my threads with paragraph after paragraph of posters hissing at each other.

Lucyislooking · 16/05/2023 11:51

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Yellowdays · 16/05/2023 12:24

Agree!

DogInATent · 16/05/2023 12:52

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Exactl

WildFlowerBees · 16/05/2023 12:53

Who has the time to write such lengthly posts? The drama 😆

Lucyislooking · 16/05/2023 13:01

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2bazookas · 16/05/2023 13:40

Instruct your solicitor to inform the buyers solicitor; unless your solicitor receives the full payment from their solicitor (original offer, no reductions) by DATE, his clients have instructed him to terminate proceedings and the property will be put back on the market.

2bazookas · 16/05/2023 13:43

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If Mumsnet impose a word limit than they will lose posters like me who prefer open adult discussion.

AdobeWanKenobi · 16/05/2023 13:43

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Just to be clear.

You'd like MNHQ to set a word limit on posts because you feel you cant engage with anything that long?

Really?
😂