To cut a long story short, we're at a stalemate with the vendor of a house we've put an offer in on. We initially offered low (10% under asking price), seller came down a tiny bit (3%). We then offered to meet them in the middle (6.5% under asking price). Seller refuses to budge or even discuss further. We're really attractive buyers (not in a chain, very high LTV, completely flexible on when we move).
Weird thing is, the seller initially seemed very keen to sell, and in particular sell to us. Another weird thing is that the agent doesn't seem to be making any effort to get us to shift our offer up. So, I'm not sure how to read the situation. Agent has also told me that he knows the original asking price is too high and that there's no other interest. But the sellers don't want to reduce the asking price or, clearly, accept our offer... It's been on the market for 3 months.
Any happy endings to similar stories? We love the house, but it really is overpriced and while I want to buy it, I don't want to pay over the odds for it...