Anyone else had this experience? I put in an offer a week ago on a house in an area I am planning to move to shortly, it can be done via the estate agent’s website so it is all in writing. It was a reasonable offer but well below asking price. Given that they are asking considerably more per square foot for a total wreck of a post-war house that needs EVERYTHING done - essentially a ‘tear it all down and rebuild it’ job - than beautifully refurbished and extended Victorian houses on the same street sold for at the end of last year - it really is a very good offer even without taking into account the fact that we’re heading for a recession! I explained in the comments that they let you fill in why my offer was below asking price, detailing what properties on the street have actually been selling for etc. The offer showed as ‘pending’ for a week, and is now showing as retracted. The estate agent hasn’t contacted me at all, and I certainly haven’t retracted my offer, so I’m wondering if they have just retracted it themselves, which I didn’t think agents can do. If it had been rejected by the sellers I would expect it to say ‘rejected’ not ‘retracted’. It may be the sellers with the unreasonable price expectations, but given that this particular agent has all its properties listed at 20-50% higher than the same types / roads sold for at the end of last year / start of this year, when the average price growth in the area over the last year was 2.7%, I suspect the agent has given an unrealistic valuation to try to win the business! Has anyone else had this kind of experience? Does it sound dodgy? I’m actually really fed up as this agent has a lot of the listing in the area, and seems like they’re trying to artificially inflate prices. Am actually thinking of shoving everything in storage and renting for 6 months, then buying when know which school DD gets into, and when prices will hopefully have dropped on some of the places I like the look of!