Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

What would you do?

19 replies

noddyholder · 01/06/2007 16:05

We have an open day on our house tomorrow.have had 2 virewings today and one has offered the asking price!But also have someone else interested who came to us privately who wants to come back with her boyfriend.Shall I go ahead with the open day or just accept the offer and cancel it.I am more than happy with the offer but as usual the agents want to go ahead as I am assuming they think we could get more in a bidding war

OP posts:
Rubyslippers · 01/06/2007 16:07

you haven't accepted the offer so i would go ahead with the open day ...

Pixiefish · 01/06/2007 16:07

Go ahead with the open day. If nothing else you could get a potential reserve buyer if the first buyer falls through.

When we bought our house here the vendor took a week to accept our offer

Pixiefish · 01/06/2007 16:08

Might I add- the price was Offers above £xxx. We offered well above the figure but he still took a week. So just don't accept yet and go ahead with OD

noddyholder · 01/06/2007 16:10

Don't want to look greedy.Ds is in Italy so the house is spotless I think thats why its sold!There are 7 couples for the open day.Do you think the agent will tell them we have an offer?

OP posts:
LIZS · 01/06/2007 16:11

Tell them that it is too late to cancel so you will go ahead, you never know, but will ask for any further offers by a deadline (say 5 pm Monday).

Rubyslippers · 01/06/2007 16:12

the agent shouldn't tell them an offer has been put in!! They should be working for you to get you the best price (can you tell i am in the process of buying a new house?!)

noddyholder · 01/06/2007 16:15

I will let the open day go ahead then.God this is so exciting def reccommend getting rid of children to sell your house

OP posts:
Rubyslippers · 01/06/2007 16:17

let us know what happens

noddyholder · 01/06/2007 16:23

Ok I also have a girl coming tomorrow evening who has been before but not via agent.I don't have her number to tell her so will let her come too adn then pick best case scenario I suppose.But the people who have offered are lovely but dp is seeing £ signs

OP posts:
noddyholder · 01/06/2007 17:05

I changed my mind just don't feel good about being greedy and the couple looked so happy to have found somewhere plus the couple are in a great position AND they want to buy anything I want to leave behind as they loved the interior so I can't really complain!Feel really lucky so have decided not to push it

OP posts:
tribpot · 01/06/2007 17:11

Your choice of course, but this is business. House buying / selling can be ruthless and your lovely couple may turn out to be nutters who do something like pull out 2 days before exchange (as happened to me, only in my case it was the sellers who were nutters).

You're selling a house, getting the best price for it is part of the deal. It very much depends on the area whether it's normal to offer below, at or over the asking price - I would be inclined to take some notice of what the estate agents have to say (although equally it's in their interests to sell your house for the most amount of cash since that maximises their profit).

On the other hand, if your buyers are chain free and you think they are serious buyers (as you obviously do) you could end up confusing yourself with another (potential) bunch of offers.

I have to agree with the others though - even if you do decide to accept their offer, you could have a reserve buyer if you go ahead with the open day. I think 1 in 4 house sales falls through, worth bearing in mind. I am out of pocket to the tune of a grand because my sellers backed down 2 days before exchange.

noddyholder · 01/06/2007 17:20

Well the other couple who came this morning have also asked for a second viewing and cancelled the other viewings they had today so I suppose they could be reserve.They offered about 15k more than we expected and have nothing to sell.She is a cellist and my dp has a music room here which swung it for her.I am happy with the price didn't want gazumping I think its wrong and am very aware of karma business or not.I have had such a good response to it if it falls through I will just put it back on.

OP posts:
noddyholder · 01/06/2007 20:25

Dp is home and I have told him that I have accepted the offer as I just want to get on and he is fine with it.So looks like we are on the move quite soon as they are chain free and so are we!Feel better now didn't want to do the whole gazumping thing which is what the agents were intimating

OP posts:
Pollyanna · 01/06/2007 20:29

I did the same as you Noddy with my last house. Karma overrules business

noddyholder · 01/06/2007 20:30

I hope so!They looked so happy here I thought I should let them have it Its not as if they haggled!

OP posts:
tribpot · 02/06/2007 09:04

It isn't gazumping to accept a higher offer before you've accepted any offer, but I do believe in playing it absolutely straight in matters of housebuying, it's just a shame other people don't. My previous sellers still have no offers (after being prepared to leave us homeless because they "couldn't" move into rented with a baby, despite the fact I was living in rented with my baby at the time!). They've had to reduce the price again so are basically exactly where they were six months ago (when we viewed it) but now are offering it with "No Upward Chain" so I assume now they are prepared to go into rented

That's karma.

Anyway, congratulations!

tatt · 02/06/2007 09:18

I would have gone ahead with the open day as it was just a day later. However there is a lot to be said for having buyers who are ready to proceed and are decent people. Moving is a stressful process, it can be worth getting less money to avoid hassle.

Judy1234 · 02/06/2007 09:33

People often say they are ready when they aren't or they have offers on 6 houses but don't tell you or whatever so until you exchange consider everyone.

noddyholder · 02/06/2007 09:46

I have seen their paperwork and they are ready and are prepared to move into rented if we aren't but we are going to rent so it should be fine.The girl who wanted to buy privately rang me and asked if she could be first refusal if anything happens so that feels fairly secure.I didn't want to clean the house again tbh so am v happy.

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread