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Original poster

Remote property offer

27 replies

Notenoughknowhow · 17/05/2025 06:40

I'm going to see a house on Monday, it went on the market yesterday and EA has said that I'm the first to view. It's listed at offers in excess of 350,000.
If the viewing goes well then I'd like to purchase but confused by how much to offer.
I didn't actually notice the OIE when I rang yesterday.

I'm a cash buyer, can move quickly, quite happy to offer 350,000 but should I offer more?
There very few other properties in the area and no previous sold prices available for the one I'm viewing so I don't really know what to offer or ask.

If I like it then hand on heart it would be worth 400,000 to me and I do have that.
Feel completely out of my depth, only ever purchased one property before and that was 27 years ago 😂
Feel very nervous about the viewing.

OP posts:
Original poster
Notenoughknowhow · 22/05/2025 18:22

@KingMungBean @housethatbuiltme @Twiglets1 thanks all.
Yes I think it will go to best & final. If they haven't had any offers yet, they will. Perhaps I should add an offer of 360k in the email just to throw my hat in the ring and submit my best offer sometime after that.

OP posts:
lemonwrighty · 22/05/2025 21:29

Notenoughknowhow · 22/05/2025 16:01

So I went to view the property last Monday, doing a second viewing tomorrow.

In the meantime, the EA has told me that they have been inundated and it has been taken offline. I've been asked to email them by next Monday, confirming my buying position and " confirming the level of your interest ".

Does anyone know what " confirming the level of your interest " means? I mean obviously I'm very interested but I'm sure they don't just want me to confirm that.
Any ideas?

Our property was similar, we went online the Friday morning and the EA had to take it offline the following Monday afternoon as by that point we had 21 viewings booked in over 3 days, we cancelled the viewings booked in the 3rd day as we already had a few offers well above asking, it then it went to BAFO. Good luck for your second viewing tomorrow and offer what you feel comfortable with, it will go to BAFO if they have multiple offers on the table.

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