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Yes, I have agreed a price now; slighly higher than my first offer but I'm quite happy with the outcome.
Possibly, I could have held out and got it at my original offer in a few weeks time, but I am quite keen on this particular place. And I don't like uncertainty. And I'm not very good at negotiation...
It's definitely more of a buyers market now.
ChasnotRobert-
I think that's the difference. I don't know where you're based but our search covered blackheath and Greenwich so we knew we would find somewhere similar if the first one fell through (and we were on hols for most of the time) so we were happy to call their bluff.
I must have learned more than I thought about negotiating during my year of misery as a contract recruiter after uni.
Colm89
Fwiw, my gf and I put an offer well under asking (12%) back in Jan on a place that had been advertised for a month. Our offer came up a bit, but still under asking (6%) which was still declined. Said we didn't want it enough to pay much more, explored other options which fell through (will tell that story later maybe).
Revisited the idea a month later, saw property still live, emailed to re-offer 6% under asking and it was accepted immediately.