Advice needed please!
I viewed a house that's been on the market since May of last year. The asking price is 175k. 4 other larger houses on the same and next street have sold for less within the last year. The other houses have either more/bigger rooms, a garage or extension so it's definitely overpriced.
I decided to put an offer in this morning for 160k. The agent has just called me to say that it's been declined and she couldn't get much out of the seller other than she wants the asking price and she feels that it's priced correctly.
The agent (not at all pushy to be fair - I'm sure she's probably just fed up) gave me some advice and said that she probably won't accept anything in the 60s (maybe just under) but possibly from the 70s.
I did explain to the agent that I'd done my research and there were other houses on the same street that had sold for less but that I'd think about it and get back to her with my final decision.
The most I'm willing to pay is 165k but is there any point in putting that offer forward since it's not in the 70s like shes advised? Shall I just call the agent back later and say that's my final offer, it's not in the 70s but the offer is on the table in case the seller changes her mind?