Q: Hi All
Went to a house on Sunday – a little work.
Its on the market for £ 315,000 £ 275,000 and we offered – refused so we have offered £ 285,000 £ 295,000 refused so we offered.
Vendor said he would sleep on that offer, that offer
Vendor off so we have pushed ourselves to £ 300,000.
Property has informed us that he has ordered them to raise the asking price of £ 330,000 !
It just doesnt make sense.
He has no interest in £ 315,000 so how is he to sell at £ 330,000 ?
I would say that £300K is your final offer and is valid for 48 hours: you're not going any higher. Then walk away. Say you don't want any funny business.
It might not work, but it's better than playing a game of tag, adding £5K each time, and them coming back and demanding £330K.
I can only imagine they've increased the price because the property has been on the market a while, and they expect that the value of it has risen in line with the headlines in the paper.
tags: asking price, house price
posted in mortgage by admin
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