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Original poster

Response to offer

26 replies

Lentilfloup · 18/03/2022 17:45

How soon after offering on a property would you expect a reply? We offered on Monday 10K above asking price, house is very new to the market. They had other viewings and wanted them to go ahead before giving us a reply. But now we are a week on and still silence. Does this mean we don’t have it? We are FTB and love the house. I chased estate agent yesterday and there had been no decision. I don’t want to continuously pester.

OP posts:

TangoWhiskyAlphaTango · 18/03/2022 17:46

Did they give you a reason why no reply?

susan123 · 18/03/2022 17:47

I would imagine they have viewings booked in tomorrow so are waiting to see if any more offers come in. Annoying, but unfortunately it seems to be a sellars market at the moment.

SparkleSpangle · 18/03/2022 17:48

I would ring EA and put a deadline on your offer. I think having not refused you, your bid is highest but the are holding out for higher.

Original poster

Lentilfloup · 18/03/2022 17:51

Yes, as of Thursday there were no other offers on table. Where we live it’s insane at the moment - houses going for 10-20% over asking. We’ve been in this position a few times now (having offers rejected that are above asking price) and it’s heart breaking. If this isn’t to be I just want to know but I don’t want to be pushy.

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ukborn · 18/03/2022 18:06

Are they keeping you informed? I would respond right away or have a think overnight, and either accept or counter. If they want to wait until more viewings ok but they should have a price in mind they will accept. The current market is really annoying as sellers think they can get crazy amount. Keep looking though just in case.

TimmyHos · 18/03/2022 18:08

I offered on 3 different properties back in March last year and every time I heard back within hours.

rainingsnoring · 18/03/2022 18:31

I think they are behaving very badly. They either accept, decline, counter offer or give a clear timeline such as we have viewings booked this week until Saturday so a decision will be made by Monday.
They don't appear to be doing any of these things.
I think you should email and say your offer is on the table until 5pm Monday (for example) and that you are interested in another property. Don't allow them to keep you hanging. Also, ensure that they take the property off the market if the do accept.

SpaceyCake · 18/03/2022 21:17

We put an offer in on a house on Thursday last week and were told that they still had some viewings to do and that they would let us know "by the end of next week". They rang on Friday just to say that they had received the offer, rang again on Monday to let us know that they had passed our offer on to the vendor AND we received a letter stating the same thing the next day. It got to Thursday and we hadn't heard anything so we just rang the agents to let them know we'd found somewhere else and they didn't say anything about whether the vendor had accepted any offers or not. The house is still on Rightmove too. Very odd.

I think sometimes vendors like to do as many viewings as possible and then just pick and choose the best offer. We were house hunting in a different area last year and all the agents were saying that it would take a number of days to hear back. I guess it's a seller's market at the moment! I hope you hear back from them soon. The waiting game sucks.

Original poster

Lentilfloup · 19/03/2022 18:49

Estate agent confirmed today that they’ve had the scheduled viewings and no other offers. But they are still booking more viewings and seller hasn’t yet made any decision. Argh! It’s driving me bananas.

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Bubbles456 · 19/03/2022 18:56

Honestly I would stop chasing and just leave it for now. If you've offered 10k over and keep chasing them, it could look like you're good for more £££ or that you are overtly eager for them to accept.

Treecreature · 19/03/2022 19:01

Hours. A week is having a laugh.

alwayswrighty · 19/03/2022 19:07

I'd be viewing other properties

TangoWhiskyAlphaTango · 19/03/2022 19:14

They are waiting for another so they can start a bidding war. Give them a deadline of when you want an answer by, if they won't then withdraw. If they are this much hard work now they'll be a nightmare in the months to come.

sunshinesupermum · 19/03/2022 19:31

Agree with pp. Give them a deadline of 5.00 pm Monday but frankly they sound like they will be hell to deal with. 😡

Calmdown14 · 19/03/2022 19:36

Think you are going to have to start being tougher. "Our offer stands until Wednesday but we have another property we intend to offer on".
Perhaps best not to offer when you know there are multiple other viewings. You just set the benchmark for others to go against and psychologically they feel if you are so keen they might as well hang on and see if they can get more

ivykaty44 · 19/03/2022 19:43

View other properties with the same agent…

rainingsnoring · 19/03/2022 19:50

@Lentilfloup

Estate agent confirmed today that they’ve had the scheduled viewings and no other offers. But they are still booking more viewings and seller hasn’t yet made any decision.

Argh! It’s driving me bananas.

Lots of posters have given you advice. They are messing you around and being greedy. They already have an over asking price offer and are still not satisfied, they are messing you around. It doesn't sound as if these are people you want to deal with anyway. Give them an ultimatum and look elsewhere.

Original poster

Lentilfloup · 19/03/2022 19:53

I didn’t want to put the estate agent off us by giving deadlines. But yes on Monday I’m going to call and say we can only hold our offer until Wednesday morning because we need to look at other properties. I’m not good at being assertive and we love the house so it makes it difficult. Also I get why the seller would want to hold on, it’s not been on the market long (nothing ever is here). So I understand her point of view entirely.

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Whinge · 19/03/2022 19:56

say we can only hold our offer until Wednesday morning because we need to look at other properties.

Wait does this mean you're not looking at other properties? If so you've wasted an entire week holding out for a property that you may still not get. And in a fast moving market you've almost certainly lost out on several others that have come onto the market and sold in the time you've been waiting.

Original poster

Lentilfloup · 19/03/2022 20:01

No we haven’t looked at anything. Mostly because we are both working crazy hours and haven’t had the time if I’m honest. But yes we definitely need to stop holding onto this one. It’s the perfect house for us in the perfect location. But that doesn’t mean it’s meant to be. I know.

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RidingMyBike · 19/03/2022 20:32

They're messing around. We offered two weeks ago (house came on RM on the Mon, we viewed on the Thurs along with some others, offered on Fri on condition house came off the market, offer accepted 3 hours later, we sent proof of funding later that day and viewings booked for the Sat were cancelled). Our offer was £5k over the guide price.

I'd keep looking at other houses (especially if they're on with the same EA!) and give them a deadline. Have you emphasised your FTB (ie chain free) situation? They're playing a game that someone will come along with a higher offer, but they're also running the risk of you offering on a different house.

Original poster

Lentilfloup · 19/03/2022 20:38

They know we are chain free and FTB. I think they are hoping for more money. To be honest with how quickly houses are going here, after a week I’m starting to wonder why we are the only offer. Never done this before so wasn’t sure how long things normally take.
On Monday I’m definitely going to give a deadline. Worried we will lose the house that way. It’s everything we’ve been looking for. But we don’t actually have it now anyway. And hopefully even if they want more for it they could just ask us rather than waiting for some kind of bidding war. There must be a price they would be willing to sell for.

OP posts:

roseopose · 19/03/2022 20:47

Give a deadline. Every time I have been left waiting after making an offer it has either been bad news or the sellers have been difficult. Added to that, it is rude to leave you hanging. When our recent buyers made their offer I told them we would respond by the following morning and kept my word because I know how shit it is being kept hanging, especially as a FTB. Its tough when you feel you don't have any leverage and really want the property but putting a deadline will hopefully show them that you aren't going to be pissed about any further. If they're still booking viewings too then they're obviously just hoping for a higher offer than yours, that could go on for as long as they want. Its understandable to honour viewings that are booked but not to keep booking them unless your offer has been rejected.

Kukdoos · 19/03/2022 21:03

I wouldn't waste any more time on this.
If this is their behaviour when someone's offered 10k over their asking price, I'd hate to go through the process with them.
It's a simple process to say yes or no to someone's offer.

123walrus · 19/03/2022 21:43

I wouldn’t give a deadline. I’d just proceed as if it’s a no and look at other properties - offer on them if you want to. If this place comes good then great and if not you’ve not lost anything.

I think giving a deadline will make you look really keen and potentially push the price up

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