Put an asking price offer right at the top of our budget last week as our very best offer. We are in a very short completed chain of two. The offer was probably above what the house is worth, but on the premise the house was taken off the market as I believed was the done thing.
We were expecting our offer to be accepted outright - but instead the sellers said they will accept on principle…unless someone puts in a higher offer, and therefore won’t take the house off the market for at least another week.
The house has only recently come to market - they have a number of viewings over next week and said they will come to a decision at the end of that.
We’ve been left very confused. We have sold and bought a few times and have never had this before.
It’s now been a few days and we haven’t heard any more, but it doesn’t sound like they’ve had another offer.
The agent says they will likely come back to us to proceed but to be honest the whole thing is making us quite nervous of them as sellers. I’m sure from their POV they are just trying to get the best price for the house, but we were very upfront and put down our best offer, at the price they were asking.
It has made us feel like they were trying to force a bidding war, knowing we couldn’t offer any more. We are sure our offer is being used as leverage at every viewing now ‘there is already an asking price offer on the table’….
We worry these people take the first opportunity to gazump us if a better offer comes in before exchange.
Are we right to be nervous? Would you walk away?
AIBU?