How quickly did you put an offer in

FigandHoney · 2023-02-25T21:16:13+00:00

How long did you wait before putting in an offer on a house you wanted to buy. Did you put your offer in on the same day or did you wait for a bit?

Minimalme · 25/02/2023 21:36

No need to wait if you are sure you want to put an offer in.

There are so many factors involved in house buying and so many things that can go tits up, that the nuance of playing it cool will be lost.

Changingplace · 25/02/2023 21:39

If you like the house just put an offer in, no point waiting, think with our house we put an offer in the next day once we’d chatted it through.

Inapicklee · 25/02/2023 21:39

Same day of second viewing. Desperately wanted the property so wasn’t fussed about playing it cool as we still had a house to sell and we wanted them to know we were serious and committed.

cheeseisniceyah · 25/02/2023 21:44

When I was standing in the property on the first viewing, had it accepted on my drive home about 15 mins later 👍🏻

Lonecatwithkitten · 26/02/2023 08:13

Property came on market at 4.15pm arranged viewing by 5pm. Viewed 1pm next day, made offer at 2pm, offer accepted and house off market by 3pm.
We had viewed so many houses that we really knew what we were looking for and it ticked all the boxes.

BarrelOfOtters · 26/02/2023 08:22

Came on market at lunchtime, saw it next day, first people in, offered when we got home (we lived a 10 minute walk away). They wanted two other people who were booked in to see it…accepted our offer 2 days later. Still took over 8 months to complete purchase.

Greenfairydust · 26/02/2023 08:29

I prefer to take my time and always at least take a day to think about it.

I also like to do further research on the street/area and any issues that I might have overlooked (although I always check crime stats and long term flood risks before viewing). I also go back to see the property at different times of the day.

Recently I almost made offers on a couple of properties but further research revealed that one was next to an Airbnb and I also realised there was a small stream quite close to one house at the back, nothing showed on the flood risk map but further research showed that it was there.

With another, the tenant was there on the second viewing and told me that the kids next door could be quite noisy and one of them played the electric guitar. Same thing with another property: the tenants was there and told me that the lady next door had a history of having loud parties and the council had to be involved. I also had a further pic in their garden from a different angle and it was full of garbage...

I would never make an offer on anything on the first viewing because of that. I would want to have a second viewing and do my research.

I know that means I could lose the house to someone who is quicker to offer but I would rather that than make an expensive mistake.

Also my budget is not high so a lot of the properties I am viewing need work and often I need to research how much a specific update would cost. For example I started seeing older housers with back boilers and had no idea how much that would cost to update/remove.

I guess it is different if you already know and area very well and are viewing houses that are well maintained/already upgraded and the process would be quicker.

AmBOO · 26/02/2023 08:32

The house went on the market for £350k. We thought it was overpriced, needed updating. It dropped to offers over £320k a week later, must have had no interest. We viewed it (Thurs) as soon as it dropped and liked it, we put an offer in the day after (Fri) at asking for £320, they wanted more, we refused. They held the offer over the weekend as they had another viewing on Monday. They accepted our offer on the Monday.

helly013 · 26/02/2023 08:37

When did you view the house? Was it yesterday? If so I'm sure agents will be expecting an answer tomorrow (Monday). If you want to offer then there's no reason why you should wait.

user1471548941 · 26/02/2023 08:41

Saw it had gone on the market on Saturday, booked viewing- earliest they could do was Tuesday.

Viewed 4pm Tuesday, made full asking price offer when we got home before the agent’s closed at 5.30pm.

There were 8 interested parties, on one of the most desirable streets in our town, hence our speed! Ended up going to best and final so we upped it slightly and ended up securing by the Thursday.

redspottedmug · 26/02/2023 09:02

Always immediately.

Actually in our current home DH was the first prospective buyer to view it, a few hours after it came on the market, and we offered and secured it immediately afterwards. I viewed it the next day.

Our buyers viewed pre-marketing late afternoon and we accepted their offer as soon as it came in the next morning.

If you know it's the one, it is. Also it's a good indicator of businesslike buyers, in my experience.

RM2013 · 26/02/2023 09:04

As soon as we got home after the viewing as it ticked all the boxes and we hadn’t seen anything else we liked plus there was already an offer on the table from a chain free buyer so had to move fast - 7 months on we are settled here

RosesAndHellebores · 26/02/2023 09:08

Saw the house at 4.30pm on a Saturday. Offered at 9am Monday morning. It was a probate sale so took off 12.5% and agreed on 9% off by lunchtime. In the meantime the agent contacted our selling agent and did their due diligence and we got away with it because we were in a favourable position.

The only shocker was that the agent asked why I was doing the negotiating and not my husband.

coffeestrongblacknosugar · 26/02/2023 09:08

I think it depends - are you in Scotland or England as the purchasing systems are very different.

In England I have put an offer in same day after viewing if I wanted the property. In Scotland it is offers over and a lot of the time it goes to closing date. I have put offers in immediately via solicitor and sometimes a day or so later.

If you want it, put an offer in, if you aren't sure then have a think about why.

PleaseJustText · 26/02/2023 09:12

For our current house the market was moving quickly and we'd already lost out on it twice. The day we saw it back on the market we called the estate agent immediately, asked to view ASAP and put an offer in the next morning.

For the house we're about to buy. It had been on the market a while so I felt less rushed. DH was in love with another house but the purchase fell through when the seller realised he'd have mortgage redemption fees to pay. I gave DH a week to get over it before suggesting we make an offer.

Meandfour · 26/02/2023 09:16

Called the EA the minute we got in the car after viewing. They called back to say offer was accepted within 15 mins. We’ve lived here for a year this month.

Tbh, we knew we would want it before we even viewed. Fell in love with it the minute we walked through the door.

Igniteyourbones · 26/02/2023 09:19

One of our previous houses - whilst still stood in the house with the agent, on first viewing. We gave each other “the look” whilst looking around and both knew it was the house for us. Didn’t want to risk losing it to someone else.

EstherHazy · 26/02/2023 10:01

Viewed property on the Friday, a straightforward boring nearly-new build. Saw another one on the Saturday which was 300 years old, really unique but needed a lot of work. (I know they're polar opposites but both could really work / appeal to me for different reasons - I want an old house but I'm a FTB and on my budget the old houses are in generally more dodgy areas). The EA from the Friday one rang on Saturday but I missed the call and didn't ring back at that point.
Spent the whole weekend trying to work out how to make the old house work (moving bathroom upstairs, re-doing kitchen, where does the water go...) - looking at finances again, building costs, planning in conservation areas, you name it. Sunday evening had a brain wave to go for the new-build Friday one instead, it just ticked all the boxes and didn't have me stressed out before I'd even started.
Rang the EA for the Friday one on Monday morning to put the offer in.
I was an idiot - I went in at asking price, but the owners wanted £5k more and I agreed despite no other offers on the cards. But I've been looking for a year and if I've overpaid, tbh it's no different from having carried on spending money on rent without getting any equity for it. Kinda wish I'd kept my nerve on the price but I'll just have to live with it!

Last year I put in 3 offers the day after, but was really outbid way over asking on everything. This year, everything has definitely changed.

Also - if a house has been up on Rightmove more than about 10 days you can DEFINITELY take your time in deciding to put in an offer. My experience is it either goes straight away and there's competition for it, or you're in a strong position because the initial buzz has passed and there are no takers.

Whammyyammy · 26/02/2023 10:14

That's how to buy a house if you like it

GoodChat · 26/02/2023 10:15

It was about an hour later - as the viewing was 45 minutes from home so we discussed it on the way home.

As soon as we got in the car we both said it was the one - we just had to discuss what we wanted to offer and what our upper limit was.

Fifthtimelucky · 26/02/2023 12:13

My daughter has recently moved. She put in an offer the day after her viewing. She fell in love with it at first sight and she would have made the offer at the time but I advised her to not to, so as not to appear too keen and also I wanted her to see somewhere else so she could compare. The one she buying was the first one she had viewed.

We are currently selling a house. We had two viewers round one day and both put in an offer the same day. I assume the agent told them both that someone else was interested, so they felt they needed to move fast.

RomansForSaleSign · 26/02/2023 12:16

Think it was as soon as we'd had the second viewing.

Can't shift it now. Had an offer this week, but they're not certain because they're viewing others. That's unfair. Got our hopes up.

hahahalloumi · 26/02/2023 14:03

Same day. Did my research before viewings. Glad we moved fast as another buyer also wanted it.

notsurewhichisbest · 26/02/2023 15:16

About a week later, after I had viewed some similar properties.

Having sold a house recently, the estate agent let us know how many viewings were booked and this enabled us to wait until they were completed and offers had come in (so we could choose). So with this in mind, I made it clear we were interested, booked a second viewing, and saw the others. Always a risk, but a managed one perhaps?