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Advice on making an offer

3 replies

NeedASolution · 22/08/2022 13:41

I am single and looking to buy a flat. It is my second time buying but will be the first time I have bought alone and quite nerve-wracking taking all the decisions by myself, though I am generally quite a sensible type!

I have seen a flat that I love and want to offer on. My question is whether to offer the asking price or not. I am certain that the seller is going to push for at least 5% more (I met him and he clearly implied it) which I would not want to pay. Do I offer at the asking price or start lower as a negotiating strategy?

For context, I have a flat to sell that is not yet on the market so am not the ideal buyer, though I think it will sell easily. Otherwise, I have the finances in place and am very flexible in terms of timings, easy to deal with, etc.

WWYD?

OP posts:
dottypencilcase · 22/08/2022 14:14

Sell your flat so it's 'under offer' first. If not, you'll be laughed out of the shop so to speak.

Plouty · 22/08/2022 15:47

In this market if you want to be in with a chance, get a buyer and go from there :)

LozMarieFielder · 22/08/2022 21:55

Get your flat on the market as soon as possible and in the meantime book a second viewing (just say that you love it but you want to check if you'd need to do work/something along those lines) to slow things down while you get a buyer for your flat. Everything depends on whether there are other people offering though.

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