How much was your house and how much did you offer on it?

[Hawkinsfirefly99]

Thinking of offering 575 on a 649 house. Anyone else made an offer that much lower? House has been on since June.

Sil also bought in south easy london last november. House on for 390 reduced to 370, offered 355 as was her absolute max, was accepted and then reduced to 353 after survey

£525k reduced to offers over £500k. Went in at £495k then settled on £503k. Possibly slightly more than we should have paid but it's the perfect house so

Went up for 450k. We bought it eventually for 395 (massive renovation project, most of the house got knocked down)

We did something similar on our house which was priced in the similar region, just a bit more, however they don’t take you seriously, we had to keep going up, I think 620 is more realistic to start at

Yes it’s brexit but no one has mentioned that it depends on sellers situation. Some sellers are desperate to sell and willing to take a lower offer, others are more inflexible (or stubborn however you want to look at it!) and won’t budge. In our case our seller was downsizing. House was 1.000 (overpriced as needed a lot of work) our offer of 950 was accepted. We were buying and selling at the same time (accepted 20 under asking)

I think it's worth putting it out there to see what they come back with but be prepared to pay at least an extra 20k

If they are desperate to move they will accept. Most desirable houses would have offers by now I'm sure? Or seems that way on my area at least

Surely it depends on your local market?!
We’ve just completed our sale and got the asking price. Locally some good property has been selling at over the asking price this summer.
I guess if the vendors are desperate and you aren’t it’s worth a punt 🤷‍♀️

Ours was on at £500k and we paid £460k. The estate agent told us the vendors had to move by 31st May and it was mid-April. So we offered £460k, final offer, no negotiation and they accepted 😀, we should’ve gone in lower ! It had been on the market for a week...... (oddly they were moving into a new build retirement flat and hadn’t realised that they had to sell their house first to buy it.....).

Initially on at 999k then reduced to '900-950k' before we looked at it. We bought for 825k! Moved in last week.

It was priced stupidly high to start with (needs modernisation) which I suspect put lots of people off. Our initial offer was 815 then we moved up to 825 as best and final.

£430k offer accepted on a £475 house! Had been on market for nearly a year. Luckily for us the photos didn't do it justice and they were using purple bricks so we snapped it up!

No one can possibly tell you without knowing how realistically priced the property is to start with, or, the vendor's circumstances.

We offered lower but ended up paying asking price for our house and it was well worth it. When we come to sell we'll price it to sell and judge how serious purchasers are by their opening offer.

Was on for 485, offered 485. Negotiation is not a strong suit. It had been reduced from 535 by the time we saw it though.

We're on the South Coast and property prices are pretty stagnant here at the moment. Nothing is koving fast. It's definitely a buyers market.

Ours was £385k 5years ago and we bought it for £370k

Our current house had been in the market for a long time, initially at over £400k. It had been reduced to £350 when we put in an offer of £300k which they accepted. This was late 2008, the house was sitting empty, market was slowing. Our estate agents worked very hard to set up a circular chain with just three of us - it was a bit complicated on moving day, because there was no end to the chain, but it got done in the end.
The worst they can say is no!

Fuck me, the house prices on here are making my eyes water. We paid the asking price of £189k for our 4 bed detached 5 years ago. Had an offer on ours straight away and couldn't find much we wanted to buy. Wish we'd gone lower, especially as the vendor kept us waiting until evening on moving day, with all our belongings in a removal truck.

£50K under asking price, 10 years ago, 10 year old property in prime SE location.

Our house was up for 160, accepted 156. The house we bought was on for 140, we bought it for 134.

Do you live in the 1970's seeingadistance????

We have offered 320K on a house priced at 359K based on the fact it needs lots doing and a house in same street is listed for 345K. Our offer hasn't been accepted, we may increase to 330K but that will be our limit.

Ours was valued at 630 and we got it for 615. My mum sold at 495 when valued at 525

Current house we paid 141K which was 1K over asking price

@Seeingadistance where do you like that £35k gets you a house?!? There's a parking space down my road being sold at £22k!

Last time I sold (was in 2010 but market was pretty slow most areas), priced at 575k. 1st viewer (EA told him was a divorce) offered 500k in the expectation we just wanted to get rid. He was very obviously trying to take advantage of the situation. Other viewer offered 550k after 1 viewing (which was the price we'd decided would sell at). 1st viewer kept increasing offer up to 10k plus accepted, and admitted wife loved it and had told him just to offer that amount up front. We told him to take a hike and sold to the couple who had been up front in the process all the way through. I didn't take offence at the offer, if he'd said this is what we think it's worth and why I'd have negotiated. I took offence at trying to profit from our situation.

Whole process, on the market to moving out, took 9 weeks so we'd obviously priced it right

Ha ha! Not living in the 1970s, but it is a one bed flat rather than a house.

It’s in a pleasant seaside town about an hour from Glasgow, and had been on the market for 2 years. Price was too low for a buy-to-let mortgage, and it seems that young adults in this area prefer to start with a larger house and a big mortgage over 30+ years. So a limited pool of buyers for lovely wee flats like mine.