Asking is £X50K
Initial offer was £X25K
Second offer accepted at £X40K.
Valued by Halifax at £XK
Went back to Foxtons said, don't want to pay £40K over value.
Took it to vendor. Vendor said they have a private sale of £X10K (not involving agents)
I say let's meet in middle £X20K
Vendor comes back and would do £X30K as he needs to cover his fees and costs
I said £X25K - that's my final offer and about as much "over the value" I can wear and we're going to have to walk away from the sale if it's a no.
He's taking it to vendor....
Points to consider:
Private sale, is this just a bluff? To bump my "over the value" figure?
Foxtons best interest would be to sell to me otherwise they get £0 - if indeed there was a private sale.
May have to walk away.
A house, bit further away, not as nice but a v good option is £80K cheaper...
Private sale is almost certainly bullshit. If there's a workable alternative then make that point to the vendor and sound like you're walking away - let them chase you rather than negotiate against yourself.
An update on my on-going saga
Asking is £X50K
Initial offer was £X25K
Second offer accepted at £X40K.
Valued by Halifax at £XK
Went back to Foxtons said, don't want to pay £40K over value.
Took it to vendor. Vendor said they have a private sale of £X10K (not involving agents)
I say let's meet in middle £X20K
Vendor comes back and would do £X30K as he needs to cover his fees and costs
I said £X25K - that's my final offer and about as much "over the value" I can wear and we're going to have to walk away from the sale if it's a no.
He's taking it to vendor....
Points to consider:
waiting....waiting....