what's the current percentage being offered below asking prices?

[dinny]

if that makes sense?

suppose you can offer what you want...

offer what you want. but there's little danger of going too low.

and remember you want your first offer so low it gets rejected; then work upwards. if they accept your first offer it means they might have gone even lower

and if something has just come on the market, presumably wait a bit before viewing?

no necessarily. I think there's something to be gained from the owner knowing there's an offer on the table which might disappear if they don't accept.

we offered really low on one property quite soon after it had come on market. estate agent came back and said "Mrs X really needs something much closer to asking price". We said "oh, well, we did our calculations carefully, and that's what we think it's worth, get back to us if she changes her mind". waited 6 weeks (during which time we found a different house), but after they had no other offers in those 6 weeks, agent came back to say they'd accept our offer if it was still on the table.

what you offer depends on the house, your budget, the price etc. we found some agents are still overpricing whilst others are pricing much more realistically.

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