Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

If you've a dialogue with the Estate Agent I'd just give them a call explaining that you're interested in the house as shown by your increased offers and ask them what the other bidders "best and final offer" is. If it's still within your budget then put in your final offer.

Let them know that you don't want to waste their time or the seller's time with the nonsensical endless €500 bids. I understand people saying just bid the max you can afford but realistically no one wants to overpay anymore than we already are doing in the current market.

We went sale agreed a couple of days ago, 45k over asking price it's been a very stressful couple of months so I understand your frustration with it. Best of luck with it all.

There has been a dozens and dozens of variations of this comment since 2020.
Yet the people who do buy find their neighbours is selling for €40k more a few months later.

It always seems like terrible value when you’re buying, but 9/10 you look back a year later and see it as a bargain. I went through it myself.

I think a crash is nearby.

Bid the amount where you wont be upset to find out the other crowd got it

What do you think will be the cause of a crash?

Demand for houses is still far greater than supply. Credit is still widely and easily available for those with decent income, if prices get to a point where people are unable to afford to borrow then this will result in a cooling off or slight decrease in prices but not a crash.

The one possibility for a crash is a global level recession affecting both jobs and credit availability but the US debt bubble is yet to burst to trigger that.

i have been saying a crash since 2017…just bought few months back once interest rates started to dip..very unlikely in Ireland as demand is just too much and there are no new builds quantities required with all the population explosion. Even if thr is a crash globally doubt there will be much of a dip here

Houses in 700k plus bracket are now 800k and over. Only in the last year.

Do you think houses can grow infinite 100k a year?

Global..stocks were overheated, jobs were scarce, gov debts were at record highs..then covid happened war happened and nothing..lol hope bubble did not go bigger before bursting😜😜

They 100% aren't being offered a mortgage that they can't afford. They set up a thread complaining about how the questions they're being asked on the application for a mortgage and refusing to give the required information so not even at the AIP stage never mind anything else.

I'm pretty sure the first bid you place on SherryFitz online has to be accepted by the agent. So the agent could refuse your offer of it was below the vendor's lower limit. I've offered below asking on it before but the bidding had already started at about 10% under.

well they are growing in months..a house has a highest bid of now 103k to what we paid 4 months back…600k bracket

interest rates falling does not help..anything in good knick will have bidding wars..