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

tianna · 20-01-2021 8:23pm

extrafluff wrote: »

Is it ok to ask an estate agent that the sellers expectations are for them to accept a bid? We bid 10k under asking, a different offer came in at 5k under asking, we then bid asking price. A different offer came in at 5k over asking. We have maybe 1 or 2 last offers to make before we're at our max.

Yes, we asked an EA the sellers expectation and he had no problem telling us they wanted 5k above the asking price.

But if there are multiple bidders I would have to assume the seller is going to wait and see what the highest offer comes in at rather than going sale agreed once their expectation is hit.

theflash · 20-01-2021 8:54pm

SheepTurtle wrote: »

We paid our booking deposit yesterday and officially sale agreed now ðŸ˜Š it's our forever home and ticks all the boxes so we are delighted! So nervous throughout the whole bidding process but it worked out in our favour.

Can anyone tell me if valuations and surveys are all stopping in level 5 lockdown? I have heard differing things so not sure what will happen or when. Waiting for valuer to contact us as per brokers last message. Does anyone have any recent experience in this if their valuation went ahead in lockdown? Also when is the survey normally completed?

Congratulations.
We had a valuation completed today and have a survey booked in for next week. So yeah they are still continuing.

Markitron · 20-01-2021 9:07pm

An EA just asked me for proof of funds, can someone tell me exactly what this means?

I have AIP at the minute.

Milena009 · 20-01-2021 9:19pm

Markitron wrote: »

An EA just asked me for proof of funds, can someone tell me exactly what this means?

I have AIP at the minute.

Basically that you're good on money so I would provide him with Aip of course with deducted amounts.

CWF · 20-01-2021 9:22pm

How long is HTB taking people to process?

Markitron · 20-01-2021 9:26pm

Milena009 wrote: »

Basically that you're good on money so I would provide him with Aip of course with deducted amounts.

That’s what I was hoping it meant, thanks!

CWF wrote: »

How long is HTB taking people to process?

I’m still getting the error message

Cash_Q · 20-01-2021 10:29pm

extrafluff wrote:

Is it ok to ask an estate agent that the sellers expectations are for them to accept a bid? We bid 10k under asking, a different offer came in at 5k under asking, we then bid asking price. A different offer came in at 5k over asking. We have maybe 1 or 2 last offers to make before we're at our max.

We asked and were told the figure they wanted, which was 5k over asking. We offered this figure and it was accepted.

When selling our EA valued it between 265k and 285k and it went on the market at 265k. Of course we started out wanting 285k, thought we couldnt really afford to sell for less. Bids weren't as fast and frequent as we hoped for and we just really wanted to agree a price so in the end accepted 6k over asking. Luckily the house we bought was at the lower end of our budget so we needed less towards the deposit and could manage with the figure we accepted.

CWF · 21-01-2021 12:25am

Markitron wrote: »

I’m still getting the error message

When did you apply?

lindtee · 21-01-2021 9:54am

Sweetaure wrote: »

Did you have to look further away because you kept being outbid? We’re looking for something rather specific but there have been few house come on the market in the last year or so, and an estate agent is after telling me that they have very little to come on, especially with the lockdown being extended... we’re sale agreed on our current house a few weeks now, but the engineer won’t come out to us, so we’re in limbo...

Was outbid on a number of houses but they were all 10-15 k from the city as I just couldn’t get what I wanted locally within my budget. The location in relation to the city was less important to me in the end, the type of house and plenty of parking (2 sons driving and 1 learning!) were high up the agenda as was having nice walks and outdoor amenities on my doorstep.

Markitron · 21-01-2021 10:30am

CWF wrote: »

When did you apply?

I have been trying to apply since my SoL was issued last week but kept getting the error message, so the application never went through. It seems to be working now though and the application is pending.

narodvale · 21-01-2021 11:29am

We have our closing inspection today at 12.

Aside from looking for obvious things we missed, and taking a meter reading, is there anything else people would advise looking out for?

This is our first home so any advice is greatly appreciated.

Collecting the keys tomorrow, very exciting.

aquinn · 21-01-2021 12:06pm

narodvale wrote: »

We have our closing inspection today at 12.

Aside from looking for obvious things we missed, and taking a meter reading, is there anything else people would advise looking out for?

This is our first home so any advice is greatly appreciated.

Collecting the keys tomorrow, very exciting.

Fabulous, congratulations.

Bins, day/schedule/supplier.

Any contents/crap that are there or missing but included in the contract like white goods or curtains?

Who else had keys over the years? Maybe change the locks, I was advised to do so.

Parking permit if required?

whatever76 · 21-01-2021 12:21pm

aquinn wrote: »

Fabulous, congratulations.

Bins, day/schedule/supplier.

Any contents/crap that are there or missing but included in the contract like white goods or curtains?

Who else had keys over the years? Maybe change the locks, I was advised to do so.

Parking permit if required?

Check the attic if there is one and ensure no surprise rubbish items up there

Ensure Heating/Boiler working.

best of luck !!

The Davestator · 21-01-2021 1:14pm

Just started the process of selling my home.

I have a BER cert of C1 from last year, however, I have since got a new boiler in.

This might bring it up to B3?

My question is; Is it worth getting another one done (€160 cost) or is the BER rating of much importance to buyers. Was this a consideration to you when buying?

It's not a big cost obviously, but just curious.

Thanks

accensi0n · 21-01-2021 1:37pm

The Davestator wrote: »

Just started the process of selling my home.

I have a BER cert of C1 from last year, however, I have since got a new boiler in.

This might bring it up to B3?

My question is; Is it worth getting another one done (€160 cost) or is the BER rating of much importance to buyers. Was this a consideration to you when buying?

It's not a big cost obviously, but just curious.

Thanks

This is just my own thought, not based on any experience.
If it's a house, I definitely think it would be worth paying a couple of hundred to have it bumped up to a B rating. Most houses that have had improvements done seem to be in the C range and having a B would be a differentiator.
I'd be looking to get something else cheapish done as well to ensure the increase, like increasing the attic insulation thickness.

LasersGoPewPew · 21-01-2021 2:00pm

We have been home hunting for the past year in south Dublin. Supply is poor, quality of most properties is poor. We got stuck in a few bidding wars for properties we really liked, but they reached prices which seemed ridiculous so we pulled out. We are not buying a forever home so this plays into our bidding mindset. Competition is fierce for nice properties but I am hopeful this will be our year to buy.

random_banter · 21-01-2021 2:13pm

LasersGoPewPew wrote: »

We have been home hunting for the past year in south Dublin. Supply is poor, quality of most properties is poor. We got stuck in a few bidding wars for properties we really liked, but they reached prices which seemed ridiculous so we pulled out. We are not buying a forever home so this plays into our bidding mindset. Competition is fierce for nice properties but I am hopeful this will be our year to buy.

Same situation as yourself. Prices certainly seem to be ridiculous and comparing them to the PPR figures for the highest peak in 2018, definitely inflated due to the pandemic we feel. We're seeing 3-bed semi d's in South Dublin going for 30-70k over asking at least.

Best of luck - like you, I hope we will get to buy this year. Sitting out the pandemic in a tiny apartment has been a wake up call on what we want for the future.

Fuzzy_Dunlop · 21-01-2021 2:57pm

The Davestator wrote: »

Just started the process of selling my home.

I have a BER cert of C1 from last year, however, I have since got a new boiler in.

This might bring it up to B3?

My question is; Is it worth getting another one done (€160 cost) or is the BER rating of much importance to buyers. Was this a consideration to you when buying?

It's not a big cost obviously, but just curious.

Thanks

Replacing the boiler is one of the best things you can do for a BER (unless it was already pretty new) so I would say it would bump you up. Could always put in more LED bulbs or something like that to try and make sure. I think it would be worthwhile getting the new BER done.

Markitron · 21-01-2021 3:00pm

Could someone explain to me how a booking deposit works with HTB? If I go sale agreed with an EA and they request a transfer, do they then transfer it back to me later? Does it go off the mortgage total? I would rather have that money to spend on stuff after I move.

Milena009 · 21-01-2021 3:12pm

Markitron wrote: »

Could someone explain to me how a booking deposit works with HTB? If I go sale agreed with an EA and they request a transfer, do they then transfer it back to me later? Does it go off the mortgage total? I would rather have that money to spend on stuff after I move.

Hi so,
You never technically see the HTB funds. These go straight to developer who claims these via Revenue portal with access codes you provide the solicitor.

If you go sale agreed, booking deposit paid (let's say 5k) and your total deposit is exactly 30k (so htb) the 5k can be refunded to solicitor to use for fees and such as far as i understand.

Markitron · 21-01-2021 3:44pm

Milena009 wrote: »

Hi so,
You never technically see the HTB funds. These go straight to developer who claims these via Revenue portal with access codes you provide the solicitor.

If you go sale agreed, booking deposit paid (let's say 5k) and your total deposit is exactly 30k (so htb) the 5k can be refunded to solicitor to use for fees and such as far as i understand.

Oh that's great thanks, basically I was worried about it going off the mortgage or deposit in such a way that I couldn't use it.

CWF · 21-01-2021 8:41pm

Help to buy approved this evening after I sent them a 'my enquiry' about getting my application fast tracked

Sweetaure · 21-01-2021 8:53pm

SheepTurtle wrote: »

We paid our booking deposit yesterday and officially sale agreed now ðŸ˜Š it's our forever home and ticks all the boxes so we are delighted! So nervous throughout the whole bidding process but it worked out in our favour.

Can anyone tell me if valuations and surveys are all stopping in level 5 lockdown? I have heard differing things so not sure what will happen or when. Waiting for valuer to contact us as per brokers last message. Does anyone have any recent experience in this if their valuation went ahead in lockdown? Also when is the survey normally completed?

We technically went sale agreed the 2nd week of December (purchaser transferred deposit to EA account, papers were sent to solicitors), but then Christmas happened, and then the new lockdown, so the engineer won’t come out to our house so we can’t proceed with the sale... hoping he’ll be allowed to come at the end of the month... although we have not yet found out next house, so we might have to rent for a few months... life is stressful at the moment!

Sweetaure · 21-01-2021 9:00pm

extrafluff wrote: »

Is it ok to ask an estate agent that the sellers expectations are for them to accept a bid? We bid 10k under asking, a different offer came in at 5k under asking, we then bid asking price. A different offer came in at 5k over asking. We have maybe 1 or 2 last offers to make before we're at our max.

We recently went to see a house that was really nice, it right at the top of our budget. We asked the EA what the vendors’ expectations were, as we knew that they had purchased their next house already (house was in the papers a few weeks prior). The EA told us that the sellers would accept a minimum of 9% below asking, so we went in at 8% below asking, knowing that this gave us some leeway. EA came back with counteroffer of asking price!!! So we increased to 4% below asking. Then 5 days later, the EA emailed me saying that the house had gone sale agreed!

We were really peeved because had we known the sellers’ true expectations, we would have offered closer to asking price. And we didn’t get a chance to increase further after our 2nd offer.

I don’t get the mind games...

givyjoe · 21-01-2021 10:04pm

Sweetaure wrote: »

We recently went to see a house that was really nice, it right at the top of our budget. We asked the EA what the vendors’ expectations were, as we knew that they had purchased their next house already (house was in the papers a few weeks prior). The EA told us that the sellers would accept a minimum of 9% below asking, so we went in at 8% below asking, knowing that this gave us some leeway. EA came back with counteroffer of asking price!!! So we increased to 4% below asking. Then 5 days later, the EA emailed me saying that the house had gone sale agreed!

We were really peeved because had we known the sellers’ true expectations, we would have offered closer to asking price. And we didn’t get a chance to increase further after our 2nd offer.

I don’t get the mind games...

I dont really see that as mind games to be honest. The other bidder may simply have not asked that question and went in at asking.

Reins · 21-01-2021 10:16pm

Sweetaure wrote: »

We recently went to see a house that was really nice, it right at the top of our budget. We asked the EA what the vendors’ expectations were, as we knew that they had purchased their next house already (house was in the papers a few weeks prior). The EA told us that the sellers would accept a minimum of 9% below asking, so we went in at 8% below asking, knowing that this gave us some leeway. EA came back with counteroffer of asking price!!! So we increased to 4% below asking. Then 5 days later, the EA emailed me saying that the house had gone sale agreed!

We were really peeved because had we known the sellers’ true expectations, we would have offered closer to asking price. And we didn’t get a chance to increase further after our 2nd offer.

I don’t get the mind games...

Other bidders offered the asking price. You counter offered 4% below that,correct?
Why did you think they were going to entertain your lower offer?!

Sweetaure · 21-01-2021 10:24pm

Reins wrote: »

Other bidders offered the asking price. You counter offered 4% below that,correct?
Why did you think they were going to entertain your lower offer?!

The owners counter offered at asking price, we don’t know what the other party offered. The EA never said that there was another offer. We were trying to bridge the gap between asking price and our offer. I think that makes sense?

Sweetaure · 21-01-2021 10:28pm

givyjoe wrote: »

I dont really see that as mind games to be honest. The other bidder may simply have not asked that question and went in at asking.

But then wouldn’t you think that the EA would come back to us to give us the option to offer more?

Every time we’ve made an offer on a house, we’ve always been told that we’ve been outbid or our offer was accepted.

Reins · 21-01-2021 10:39pm

Sweetaure wrote: »

The owners counter offered at asking price, we don’t know what the other party offered. The EA never said that there was another offer. We were trying to bridge the gap between asking price and our offer. I think that makes sense?

Sorry, I'm confused by your posts.

" The owners " counter offered on their own property??

If there was an offer of the asking surely there can be only one party it came from " the other party "

Sweetaure · 21-01-2021 10:55pm

Reins wrote: »

Sorry, I'm confused by your posts.

" The owners " counter offered on their own property??

If there was an offer of the asking surely there can be only one party it came from " the other party "

What’s confusing? We made an offer, the owners counteroffered. Happens all the time.

Reins · 21-01-2021 11:05pm

Sweetaure wrote: »

What’s confusing? We made an offer, the owners counteroffered. Happens all the time.

So the owners are selling their property to prospective buyers
buyers make an offer on the property and the owners make a counter offer on the property they're trying to shift?!! " Happens all the time "

" What's confusing " That :rolleyes:

DubLad69 · 21-01-2021 11:19pm

Reins wrote: »

So the owners are selling their property to prospective buyers
buyers make an offer on the property and the owners make a counter offer on the property they're trying to shift?!! " Happens all the time "

" What's confusing " That :rolleyes:

I think its quite clear.

Owner puts house up for sale

Prospective buyer offers Say 400k

Owners aren't happy so ask for 450k instead

klose · 21-01-2021 11:21pm

Sweetaure wrote: »

What’s confusing? We made an offer, the owners counteroffered. Happens all the time.

How can the owners counter offer? They aren't involved in bidding, they can only accept a fee they are happy with?

Reins · 21-01-2021 11:25pm

DubLad69 wrote: »

I think its quite clear.

Owner puts house up for sale

Prospective buyer offers Say 400k

Owners aren't happy so ask for 450k instead

That is clear - however the poster said there was a counter offer which indicates the offer came from a buyer. Sellers don't counter offer, they can say they now want the asking price which appears to what has happened here.

bilbot79 · 22-01-2021 4:14am

klose wrote: »

How can the owners counter offer? They aren't involved in bidding, they can only accept a fee they are happy with?

For your homework please watch 'A Place in the Sun'

givyjoe · 22-01-2021 10:00am

Reins wrote: »

That is clear - however the poster said there was a counter offer which indicates the offer came from a buyer. Sellers don't counter offer, they can say they now want the asking price which appears to what has happened here.

This is a bit weird, Yes, they obviously do. Seller rejects offer and counter offers to sell at x price. It's called negotiation.

klose · 22-01-2021 10:46am

givyjoe wrote: »

This is a bit weird, Yes, they obviously do. Seller rejects offer and counter offers to sell at x price. It's called negotiation.

Then list the house for the price you want?

givyjoe · 22-01-2021 10:51am

klose wrote: »

Then list the house for the price you want?

The vast majority do not list their house at the price they want. They list it at a price they will generate lots of interest and multiple bidders.

In this case, the seller DID list their house at the price they want, and the bidder here instead thought it would be wise to try and see if they could get it for less and it backfired.

Sweetaure · 22-01-2021 12:02pm

givyjoe wrote: »

The vast majority do not list their house at the price they want. They list it at a price they will generate lots of interest and multiple bidders.

In this case, the seller DID list their house at the price they want, and the bidder here instead thought it would be wise to try and see if they could get it for less and it backfired.

Precisely - nobody goes in at asking price, and tbh, had we known that’s what the owner wanted, we would have gone in closer to asking price in our first offer. That’s my whole point, IMO the EA wasted everybody’s time by not being “more” upfront.

On another note, do you guys think that EAs will be able to conduct viewings at the end of the month?

Claw Hammer · 22-01-2021 12:11pm

Sweetaure wrote: »

Precisely - nobody goes in at asking price, and tbh, had we known that’s what the owner wanted, we would have gone in closer to asking price in our first offer. That’s my whole point, IMO the EA wasted everybody’s time by not being “more” upfront.

On another note, do you guys think that EAs will be able to conduct viewings at the end of the month?

Asking prices are just a starting point in marketing a property. Low to generate interest, high to give a "discount. The job of the agent is to get the best price. If there is a lot of interest the price may move up. If there is little or no interest the price may drop. What a vendor may take today, may change next week after a round of viewings and offers.
All any purchaser can do is decide what they think the property is worth and how much they are prepared to pay.
It is not a supermarket with prices marked on the shelf. Asking the agent for an indication is a distraction. If the owner gets the best possible price and the agent his commission, neither the owner nor the agent care who has wasted time.
If a house sells and you hadn't offered you maximum, then it is your own fault if you didn't put your best foot forward in time.

infinita · 22-01-2021 12:27pm

Hi, a couple of questions here if anyone can help to answer. Thanks!

I'm a buyer and the sale is about to close soon. The property is in need of renovation before we move in. Does anyone know about the rules/regulations in terms of house renovation under the current lockdown policy? We'll need at least to have floors and wallpaint done but I'm not sure if these are qualified as essential works.

Also, the property is more than 5km away from where we live now. I'll need to travel there frequently before the renovation is completed. I wonder if gardai would accept this as a valid reason..

Dave3030 · 22-01-2021 12:33pm

Claw Hammer wrote: »

Asking prices are just a starting point in marketing a property. Low to generate interest, high to give a "discount. The job of the agent is to get the best price. If there is a lot of interest the price may move up. If there is little or no interest the price may drop. What a vendor may take today, may change next week after a round of viewings and offers.
All any purchaser can do is decide what they think the property is worth and how much they are prepared to pay.
It is not a supermarket with prices marked on the shelf. Asking the agent for an indication is a distraction. If the owner gets the best possible price and the agent his commission, neither the owner nor the agent care who has wasted time.
If a house sells and you hadn't offered you maximum, then it is your own fault if you didn't put your best foot forward in time.

Fair-BUT as someone who has recently sold-if I found out the agent hadnt gone back to all serious bidders then I would be livid.

I think the OP should have at least got a chance to increase the offer before the sale was agreed.

Zenify · 22-01-2021 12:43pm

Dave3030 wrote: »

Fair-BUT as someone who has recently sold-if I found out the agent hadnt gone back to all serious bidders then I would be livid.

I think the OP should have at least got a chance to increase the offer before the sale was agreed.

The only explanation in my head is the estate agent sold to a friend. Therefore, they didn't want to increase the bid for their friend and told the seller it was the highest bid. Incompetence could not have caused this, far to simple.

jor428 · 22-01-2021 12:48pm

Can anyone advise.
Is the probate office having delays or is it open and working. We are purchasers waiting on the house we agreed price on and probate was started in September. Nothing contentious afaik so what's the delay. Any info would be great.

givyjoe · 22-01-2021 1:27pm

Dave3030 wrote: »

Fair-BUT as someone who has recently sold-if I found out the agent hadnt gone back to all serious bidders then I would be livid.

I think the OP should have at least got a chance to increase the offer before the sale was agreed.

You won't find out though, not unless a bidder goes out of their way to contact seller. Even then I wouldn't be too bothered about someone who was initially trying to low ball.

givyjoe · 22-01-2021 1:30pm

jor428 wrote: »

Can anyone advise.
Is the probate office having delays or is it open and working. We are purchasers waiting on the house we agreed price on and probate was started in September. Nothing contentious afaik so what's the delay. Any info would be great.

A couple of grand higher is absolutely negligible to the estate agent in terms of commission, but why would they waste their time on someone who is trying to get the house on the cheap, when they have someone else who will pay the asking?

Dave3030 · 22-01-2021 1:41pm

I wouldnt call 4% under a low ball. My reading of it was they were the only person bidding at the time-in which case it would be daft to go straight to the asking price. Also the EA indicated they would entertain offers under asking (i know this is a tactic to get an offer on the table-but still)...

When the new bidder entered the fray, any good EA would have used this offer to try kick start a bidding war.

To just go sale agreed without giving them a chance to increase the bid is a poor (or dodgy) EA IMO.

givyjoe · 22-01-2021 2:09pm

Dave3030 wrote: »

I wouldnt call 4% under a low ball. My reading of it was they were the only person bidding at the time-in which case it would be daft to go straight to the asking price. Also the EA indicated they would entertain offers under asking (i know this is a tactic to get an offer on the table-but still)...

When the new bidder entered the fray, any good EA would have used this offer to try kick start a bidding war.

To just go sale agreed without giving them a chance to increase the bid is a poor (or dodgy) EA IMO.

Nothing poor or dodgy about it at all, that's the risk you take with low ball tactics and crying foul about it afterwards is just silly.

How do you know the agent didnt tell vendor about the low offer? The vendor could just as easily have said, no don't bother going back to them having been told about low price and fishing for minimum offer when there's an offer at asking on the table. The vendor may just have wanted a quick sale, got the asking. Nothing suspicious at all.

Just to add, not sure how you view going in at asking as daft, when not doing it is literally what cost the bidder here the house. Writing this off as dodgy EA tactics is not going to help the OP in the future. It's not likely to be the explanation at all.

Dave3030 · 22-01-2021 2:54pm

givyjoe wrote: »

Nothing poor or dodgy about it at all, that's the risk you take with low ball tactics and crying foul about it afterwards is just silly.

How do you know the agent didnt tell vendor about the low offer? The vendor could just as easily have said, no don't bother going back to them having been told about low price and fishing for minimum offer when there's an offer at asking on the table. The vendor may just have wanted a quick sale, got the asking. Nothing suspicious at all.

Just to add, not sure how you view going in at asking as daft, when not doing it is literally what cost the bidder here the house. Writing this off as dodgy EA tactics is not going to help the OP in the future. It's not likely to be the explanation at all.

Lol-of course we cant be sure what the Vendor was thinking, but your assumption is that the vendor decided that a 30 second phonecall to gauge the interest of the previous high bidder (at 4% under), was not worthy (and actively instructed the EA not to bother).

Its possible, but very foolish of the vendor IMO. Fair enough the vendor might want a quick sale but its not like the OP said, 'give me 2 weeks to think about it'. I agree that people seen as timewasters will often be ignored. i dont think this is the case here though.

It seems far more likely to me than the agent was looking to get it off his plate and save himself some hassle-knowing the vendor would take the asking.

To suggest that it was the OPs fault for not immediately offering up the full whack-this is the poor advice here IMO. and for context i recently purchased for ~9% under asking- so i dont see 4% at all unreasonable.

Asking prices are not 'Buy it now' prices on Ebay. If you really think that going in immediately at asking is the right move (when there are no other bidders), then any estate agent will love to see you coming.

givyjoe · 22-01-2021 3:18pm

Dave3030 wrote: »

Lol-of course we cant be sure what the Vendor was thinking, but your assumption is that the vendor decided that a 30 second phonecall to gauge the interest of the previous high bidder (at 4% under), was not worthy (and actively instructed the EA not to bother).

Its possible, but very foolish of the vendor IMO. Fair enough the vendor might want a quick sale but its not like the OP said, 'give me 2 weeks to think about it'. I agree that people seen as timewasters will often be ignored. i dont think this is the case here though.

It seems far more likely to me than the agent was looking to get it off his plate and save himself some hassle-knowing the vendor would take the asking.

To suggest that it was the OPs fault for not immediately offering up the full whack-this is the poor advice here IMO. and for context i recently purchased for ~9% under asking- so i dont see 4% at all unreasonable.

Asking prices are not 'Buy it now' prices on Ebay. If you really think that going in immediately at asking is the right move (when there are no other bidders), then any estate agent will love to see you coming.

It's irrelevant and the OP has no one to blame but themselves, honestly, they could have bid the asking, but didn't and someone else did and they lost out. Framing bidding the asking is poor advice is absolutely ludicrous in the current market, never mind the fact we know what happened when the OP didn't! Honestly, delusional stuff. Presuming your advice to the OP would be to do the exact same thing again?! Seriously, have you been bidding on any properties yourself in the last year? If you have, how many have you successfully purchased or even gone sale agreed on :rolleyes: The OP claimed they were willing to offer the asking, so they obviously believed the property is worth the asking, then they've clearly made a mistake in this case and lost out. A friend of mine who just got their keys was on the exact opposite side of this scenario, someone offered 5k below asking, they offered asking and a couple of hours later they were sale agreed. No back and forth, no bidding war, they got their asking price and that was that.

The OP can take whatever advice they want, but honestly the last person I'd be listening to is someone claiming something dodgy went on in this case.

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

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