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Find financial and money saving discussions including debt and pension chat on our Money forum.

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Find financial and money saving discussions including debt and pension chat on our Money forum.

Money matters

House buying and selling experts - how long do you let someone stew after they have put an offer in?

29 replies

Tinker · 15/08/2006 15:59

Had one cheeky offer - rejected out of hand. Straight back with another reasonable but still not quite enough offer. How long? What do I do - reveal my hand as it were? Help.

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Fimbo · 15/08/2006 16:02

TBH, if there are no more offers in the offing, I would be honest and say you are look for x amount and see what happens.

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ks · 15/08/2006 16:02

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Tinker · 15/08/2006 16:05

1st time buyer, mortgage in place, can complete in 6 weeks = all good. 1st offer was a ttrying it on one, this one is about 4 or 5% lower than asking price

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CarolinaMao · 15/08/2006 16:08

I would get your agent to put a bit of pressure on them. They sound serious about buying it but are testing the water, so it's prob worth seeing how high they'll go.

A good agent should be able to do that without losing them (although beware that your agent won't care about the last couple of grand, they'll just want to close the sale. it makes v little difference to their fee).

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Tinker · 15/08/2006 16:12

Good idea, thanks. God, I'm no good at this malarkey

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JoolsToo · 15/08/2006 16:18

my advice is sit tight

they're obviously keen
it's having the nerve to hold on.

earlier this year we sold and the people we sold too made three offers before coming back with asking price - I was all for taking the last but one one at 2k below asking but dh said - no, they want it - and he was right.
I know this isn't always the case and they could walk away but like I say - they seem keen.

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Tinker · 15/08/2006 16:23

Hmm, so maybe not ring agent until tomorrow to say not quite enough? I know we have a window that needs replacing so want to leave some slack for more haggling after survey.

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Tinker · 15/08/2006 18:48

Have called and said not enough. Gulp.

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JoolsToo · 15/08/2006 19:00

good for you!

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CarolinaMao · 15/08/2006 19:06

ooooh, let us know how you get on

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Tinker · 16/08/2006 14:39

He called back with the price we wanted and [fear emoticon]

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oliveoil · 16/08/2006 14:40

bitch

xx

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Tinker · 16/08/2006 14:43

It's all too fast for me. Will go wrong, these things always do. What's happening to you, thought last one was promising?

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oliveoil · 16/08/2006 14:45

I refuse to have any further dialogue with you, you > house seller you!!!

Diddly squat from estate agent so back to keeping the house clean for viewings, yawwwwwwwwwwwwwwwwwwn

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littlemissbossy · 16/08/2006 14:46

Tinker have you not given your estate agents a bottom line figure of what you would accept?

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Tinker · 16/08/2006 14:46

It'll go wrong, it'll go wrong, it'll go wrong. Always like to look on the black side. In fact, am not going to post any more about it = kiss of death.

Cleaning is a huge drag.

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