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

[Pokster]

This is new to me but quite fun. The seller said he won’t go under £5k under the asking price. But I I want to go £10k he said no. Meet in the middle? I can afford the asking price to be fair.

Are you a cash buyer or do you need to seell your current gaf?

Are you looking to settle quickly?

Make them an offer and the agent is obliged to pass it on, just be careful about pissing off the sellers by going up in really small amounts each time

[Luis Anaconda]

Are you a cash buyer or do you need to seell your current gaf?

Are you looking to settle quickly?

Make them an offer and the agent is obliged to pass it on, just be careful about pissing off the sellers by going up in really small amounts each time

Speaking from experience? :yorkshire:

[Pokster]

Speaking from experience? :yorkshire:

Only on house/flat number 6.......

[Pat Vegas]

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

[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

[Pokster]

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

I assume that the remaining lease is long enough to let you get a mortgage??