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Original poster

Another offer accepted, is it out of order to do this?

17 replies

Amtheyest17 · 24/04/2023 11:01

So we put an offer in on a house a couple of weeks ago. Found out our offer wasn’t accepted middle of last week (we were the highest but on the market and unsold) they had gone with a lower offer from a first time buyer. We are accepting an offer today on our place from a first time buyer. Is it worth us going back and explaining our position has changed and increasing our offer? Is this a really out of order thing to do? Thank you!

OP posts:
APseudonymNeeded · 24/04/2023 11:05

You can offer, it would be shitty of them to accept imo.

After we accepted an offer we had a previous viewer knock on our door and offer us £1,000 cash to accept their offer. There was no way I’d screw over the young FTB who had already booked a surveyor.

lemonyellows · 24/04/2023 11:15

I don't see any harm in telling their estate agent that you are now able to proceed if the current agreement falls through for any reason. But I wouldn't approach them directly

Time40 · 24/04/2023 11:17

I think that's fine, OP. Do it. The other potential buyers are only a few days into the process; it's hardly started yet. It's a horrible thing to do a few weeks in, when buyers are properly invested, and money has been spent, but at this stage it won't cause too much damage.

Original poster
Amtheyest17 · 24/04/2023 11:21

Thanks all! I would NEVER approach them directly but I will call the agent and see what she thinks. It does feel like a shitty thing to do but for various reasons this just felt like ‘the one’. Still devastated a week later, we’ve had a couple of offers turned down and never felt like this before (without sounding mental!!) I do realise it is just a house haha

OP posts:
organisedmother · 24/04/2023 19:32

Absolutely, houses aren’t just homes their assets and your future investment, if someone offered me more i would take it, something can go wrong with any chain any offer at anytime.

it needs to be at least 5k for it to be worth the home owners time.

selling homes isn’t about being nice and not screwing someone else over, it’s a business investment.

UsingChangeofName · 24/04/2023 19:52

I would go back to the EA and explain that you now have an offer on your property and would still be interested if the current, accepted buyer isn't able to proceed at all.
There are still lots of accepted offers that don't proceed to sold.

AtChoService · 24/04/2023 20:21

Amtheyest17 · 24/04/2023 11:21

Thanks all! I would NEVER approach them directly but I will call the agent and see what she thinks. It does feel like a shitty thing to do but for various reasons this just felt like ‘the one’. Still devastated a week later, we’ve had a couple of offers turned down and never felt like this before (without sounding mental!!) I do realise it is just a house haha

This why it IS a shitty thing to do.

You lost out, you can't now try to gazump the people that got it and have their heart set on it.

Karma will get you back if you do things like this.

Georgi5 · 24/04/2023 20:41

organisedmother · 24/04/2023 19:32

Absolutely, houses aren’t just homes their assets and your future investment, if someone offered me more i would take it, something can go wrong with any chain any offer at anytime.

it needs to be at least 5k for it to be worth the home owners time.

selling homes isn’t about being nice and not screwing someone else over, it’s a business investment.

There is an element of trust and integrity to consider though as don’t forget nothing is certain right until exchange so be prepared to be screwed over yourself if you accept this behaviour.

Georgi5 · 24/04/2023 20:42

Op just leave your details in case the sale falls through. Most people know gazumping is shitty whatever title you give it.

Tupster · 24/04/2023 20:49

I think a seller would still consider a direct sale to a first time buyer less risky than a short chain, so they may still prefer to proceed with the other offer anyway.

Roselilly36 · 25/04/2023 07:01

It’s a business transaction, worth having a conversation with the EA, personally if I was the vendor, I would stick with the sale to FTB, but who knows. Just remember if the vendor accepts a higher offer from you, they could also accept another.

Househousehouse23 · 25/04/2023 07:17

Not quite the same, but similar. We have just viewed a house where they said they had had an offer which they have not formally accepted as the potential buyer has only just put their property on the market. We are in the same situation but really like the house. We have also offered, ultimately it will depend on which buyer is processable first. If it's not us then c'est la vie. I suppose at least in our case the seller has been upfront with everyone.

BlueMongoose · 25/04/2023 10:05

Mention it to the agent and make it clear you are doing so only in case the other sale falls through, you don't expect or wish to displace the other buyer now their process has started. And go and look for another house.

ChateauMargaux · 25/04/2023 11:34

Make the offer - the housing process is what it is - they didn't accept your offer because you were not proceedable, now you are..

CindersAgain · 25/04/2023 11:36

If you do offer on it, and they accept, you’ll know that they are shitty buyers with no morals, so you’ll be on edge until the sale goes though.

organisedmother · 25/04/2023 14:05

Absolutely, you can also take the low offer and still get screwed over, do what’s best for you and your family, not other people.

Londongent · 25/04/2023 14:46

No harm in trying. It's not shtty for you to offer again, it is a bit shtty of the vendor to accept, but that's on them.

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