Is 93% of asking price really that cheeky?

[Biwurlu]

It's what I just offered and they seemed a bit surprised. Seeing as prices have dipped in the area over the last year I thought if anything I had offered too much. It's my first and final offer.

I accepted a similar percentage off my asking price as thought I was just being realistic with what's achievable at the moment

Not cheeky at all... as long as you can justify it then offer whatever you like.

It's what it's worth to me, it's more than Zoopla says it's worth and they haven't done much since they bought it so I thought it was fair

Well 93% as a figure is kind of arbitrary without any further details - if it was priced competitively to start, then it may seem too low. If it was overpriced, it may still be too high.

Just because you accepted that level of discount on your asking price doesn't mean everyone will or needs to.

I wouldn't say it was cheeky necessarily; after all you offered what you thought it was worth to you.

But then I don't understand the whole idea of why British people find the idea of offering lower 'cheeky' or would be offended if someone offered lower - it's a business transaction where the buyer wants the lowest price, the seller wants the highest price, and the answer is usually somewhere in the middle.

Irrelevant really if they're not prepared to accept less. They might need full ap to fund their next purchase, they might need 95%.

Offer what you like but they can always say no!

It might not be cheeky but equally the sellers are totally thin their rights to decline the offer and wait for a better one. They might not be in a rush to move, or may need xxx amount to enable them to move.

7% under asking price? I dont rhi k its cheeky, nor do that have to accept it though.

You offered, they said no. Thats what happens.

Depends where you are, too. In Scotland it’s “offers over”, and vendors expect to achieve considerably higher than the asking price. In Edinburgh, it averages around £40,000 over the asking price for a modest 2 bed flat.

People who reject ‘cheeky’ offers frequently regret it. Only they and you will know!

Oh totally it's their choice what to accept.

If they need x for them to move then they have to wait for that.