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It's too late to tell you this but going in 10k above from the off was pretty punchy unless it is a fairly high value house.
In these situations in the past I've topped my offer up by 2k as a gesture of goodwill whilst also explaining my previous offer was at the top of my affordability.
In this situation I probably wouldn't tell them to fo actually because 1) it's an open goal for your opponent and 2) they might think you are a pain in the arse to deal with.
What you now need to flush out is whether the other guy wants it more than you. I'd probably top it up by an obscure offer by something like £2,250.
If the other guy offers another ten then they want it more than you but it'll be bitter sweet as you've just cost them 20k odd than they thought they were getting it for a few days ago.
Good luck the whole process is a shit show presided over by cunts without any sort of ethical compass.
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princeperch
konastab01
After many years of waiting, we've found a house we really like within budget. Yay!
Went to a viewing on Sunday, seller told us they already had an offer at full asking price, but were open to offers above asking price. We went in with an offer £10k above asking price, and the estate agent has now come back and said they'll do closed private bidding between us and the other potential buyer, and the highest wins. They've said we need to give our best offer right out, and the highest wins. Boo!
I've never made offers on a property via this method previously. My head says just say what you'd actually be happy to pay for it (and can afford), but my heart says I'll be gutted to go way over what the other potential buyer offers, but also gutted to miss out on the property if I go too low.
Does anyone have recent experience with this type of offer process, and have any wisdom to impart?