How long did you wait to hear if offer was accepted?

[Bunnyfuller]

Just that really. We were recently gazumped, 6 weeks into a purchase and offered on another property at 12 on Saturday. Estate agent says he’s put offer forward, and they’re thinking about it. No other offers on the table and they’ve been on the market a while. We’ve gone in 10k below asking, but happy to negotiate up.

We tend to give an answer fairly quickly, so a bit confused that even a ‘no, too low’ hasn’t come back.

I expect they are waiting to see if they get any other offers come in this morning, from the weekend's viewings. I wouldn't expect anything to happen between Sat and 9.30 on Monday morning. Hope you hear something by the end of the day.

First two almost immediately, last one a couple of days and even after an full asking price offer took them a couple of days to accept. Think they were either reluctant to sell or trying to use our offer to get a better one.

Its only 9.30! People need to discuss things like this - if the vendors are working they may not be able to discuss properly until tonight!

Well, they came back. Offered 5k more now they’re still dithering. The house has been on the market 6 months in this market.

Wonder how many others they’ve messed around?

I know it's frustrating but you said you were happy to negotiate up. This is them negotiating up.

So I offer more and they don’t respond?! Our first offer was Sat lunchtime. It’s now Monday evening. If they were hanging on for full asking price would it not make sense to say so? Or is passive aggressive negotiation a thing now?!

We’ve walked away. If this is their way of working it doesn’t bode for a particularly smooth transaction and I really don’t want to miss the SDLT holiday cutoff.

Selling your house is a pretty big deal.

They are obviously taking your offer seriously and considering it / thinking it through practically.

Have a little more chill.

I think you're being a bit impatient if I'm honest. We've waited anywhere from hours to days. We have always tried to get back to people ASAP but if it's a couple selling and one is working odd hours it's easy to see how it becomes days before they've had chance to discuss if between themselves.

I think if I was the vendor I would be glad I had taken a couple of days to consider, because you sound like you would not be the easiest to deal with during the process. Too impatient!

Seriously? You offered 5k under today and you are walking away because they didn't respond before close of business?! Your loss.

I think you've walked away far too quickly, I'd have given it more time I'd you loved the house. Careful and considered would mean sure to me, rather than a snap decision and later a change in mind.

I think you’re being a tad hasty. Even with our offer of full asking price we had to wait 24 hours for an answer as the EA advised they needed feedback from all that had viewed to date before agreeing to it being under offer.

Selling a house is a huge deal. Perhaps they wanted to sleep on it, or wait til tonight to discuss it and run the numbers. This buying and selling lark is hugely stressful as it is without putting unnecessary deadlines on things.

Gosh you're impatient! You've no idea of the vendors position in terms of accessibility during the working day, plus even if they do respond it can take time for that response to filter back to you through the EA. Theyve dodged a bullet IMO

The one we had that took forever to reply they were fine with the transaction so don't think it necessarily means they will be slow. I was very worried they would dither throughout (or allow gazumping as they didn't seem keen to sell to us even once at full asking price) as I always want to complete asap but they didn't dither over that. I guess it depends how much you like the house and whether there are similar things available.

Agree with other people in that you walked away too quickly.

It took me a long day to respond to our buyers offer because DH was at work and I wanted to talk it through with him in person before we accepted. Also we accepted an offer lower than our asking price and we needed to weight this up before accepting.

You never know but this seller may have had to work out if that 5k would make a difference to their desired new house budget or not. Sometimes it can't be a snap decision

I can only conclude that it was you who wasn’t serious about this.

It is irrelevant that your first offer was Saturday (which is only a couple of working days ago) but that the new and relevant offer was made on Monday, but you’ve got too impatient ON THE SAME DAY AS OFFERING!
It’s not ‘Location, lOcation, Location’ which is fake and shows agents ringing back to accept or decline the offer while the buyers are still on the same drink as when the offer was phoned in!

People do have to confer and don’t know the answer until they have done this. Even if people have discussed theoretical prices they would or wouldn’t accept, they still need to confer to make this big decision and need to be allowed to do that. They might need to look at their finances again etc.....it shouldn’t be things which will take days and days (although sometimes it does) but 24 hours or 48 hours isn’t unreasonable.

I seriously cannot believe you've walked away because the sellers wanted to talk the decision out. Chill out and get some patience, Jesus.

You put the second offer in TODAY. They haven't "messed you around" at all, you're the one messing them around. You're clearly not serious about the house to walk away less than 12 hours after putting in a second offer

It's a huge decision selling a house and its normal to take a day or two, maybe even more, while you decide what's best for you. Bloody hell, calm down.

I think the sellers have had a lucky escape, you're clearly very awkward and impatient

I think OP 's logic is, if they've been on the market for 6 months and have no other offers on the tablem they should snap up this offer.

But they may be working till 5-6pm and only heard of your offer late in the day, too late to get back to the agent if the agent messaged them earlier.

Wow OP, I get that you may be over sensitive due to the last house but you've been a bit OTT here.

You put in an offer on Saturday lunchtime and we're complaining by 9.30 on Monday? Maybe the EA couldn't get hold of them until later on Saturday (because people have lives), most EAs are shut on a Sunday and then can be difficult to get hold of first thing on a Monday.

Then you put in another offer at some point on Monday (although didn't say when) and walk away because you didn't have an answer before close of business? It's possible the EA hasn't even spoken to them by COB, or they had spoken to one partner but they hadn't had a chance to talk to their partner (once again because people have lives and were most likely at work)

You really need to have more patience or you'll potentially be walking away from a lot of properties. 24 hours from offer (not including Sundays) is reasonable and realistic

Blimey. This can't be for real?!

You’re lucky you’re not in Scotland, OP. We have to make a binding sealed bid of “offers over” the asking price - in popular areas that can mean £70K over the price to secure the property! We don’t get to see the other buyers’ offers, either, to know where to pitch our own bid, as theirs are sealed too.