I’ve made an offer on a flat. How much negotiating is enough

[Peter]

First time buying here with mortgage.

We offered 10 grand less he will take 5 less so I will go back with 7000 less so 2 grand lower than what he will go for. What a crap way for me to explain it.

Reason being there are potential future lease renewal costs

So now you just wait them out. Dont do anything.

[Rich]

So now you just wait them out. Dont do anything.

Also tell them that you've offered on another property that you prefer but are waiting on a decision from them.

[Luis Anaconda]

Also tell them that you've offered on another property that you prefer but are waiting on a decision from them.

Not really a tactic that has much pull when you are dealing through an intermediary who is likely to know all the tricks in the business. Not that it is much of a trick tbh

[Rich]

Not really a tactic that has much pull when you are dealing through an intermediary who is likely to know all the tricks in the business. Not that it is much of a trick tbh

They want to sell the house ASAP to get their commission/stop having to send people over to do viewings. They therefore want you to offer as much as possible.

I said I had found another place that I'd offered on. They told the seller I was in negotiations on another property. The next day the seller reluctantly accepted.

[Luis Anaconda]

They want to sell the house ASAP to get their commission/stop having to send people over to do viewings. They therefore want you to offer as much as possible.

I said I had found another place that I'd offered on. They told the seller I was in negotiations on another property. The next day the seller reluctantly accepted.

Still fairly confident the agent knew you were talking **** because a) he had met you b) you were clearly talking ****. Agents tell buyers/sellers all sort of *******s I doubt you really swung it with your cunning plan

[Luis Anaconda]

Still fairly confident the agent knew you were talking **** because a) he had met you b) you were clearly talking ****. Agents tell buyers/sellers all sort of *******s I doubt you really swung it with your cunning plan

In fact as the seller, I would actually be very reluctant to do business with someone who clearly prefered another house and could easily just be stringing me along