It is also possible that they are clued in, and you are not.It seems that the estate agents are clued into the market (being professional house sellers) whereas the owner doesn't seem clued in at all.
Be honest. Tell them that you really like the house and prefer it to others, but the others are much cheaper.
My understanding is that auctioneers are now quoting low prices and expect a bidding war above the advertised price.
I realise you want to put in a bid lower than you're prepared to pay, but I think going in that much lower than you think it's worth, let alone the asking price, you'll just be dismissed as a chancer.The house up the road, asking price is €240k, we reckon it's worth €200k, and will put in a bid of €150k.
The house we're interested in, asking price is €235k, we reckon it's worth €150k, and will put in a bid of €110k. But this seems so small an offer; not because is it, but because the asking price is unrealistic relative to other properties in the area.
For starters, stop speculating about what is going on in their heads. ...
They could be doing it to make it look like they are selling their assets to make people they owe money too stop harrassing them.
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Horrify them with your first offer so the next offer seems much much better.
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are moving. Ask them when they are moving.
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Ask which solicitor will they be using for the sale. That'll tell you if they are serious. And will show them you are serious.
Look around the house and see does it look like a house someone is really moving out of. They may or may not be telling the truth. .
The house we're interested in, asking price is €235k, we reckon it's worth €150k, and will put in a bid of €110k.
It's their house. They can ask whatever they want for it. They mightn't get it but they can
it's a bit insulting to assume that the sellers aren't clued in to the situation. ...if you think it is overpriced, move on. It's that simple.
Yes, this is it. Good terms is vital. Even if we don't buy it, we may but the one up the road. We'll be neighbours! And, of course, they're moving to a restored house somewhere nearby.In this case,it appears that the seller appears to be way out of touch. If they want to sell the house, they will have to reduce the price. The buyer should stay on good terms with them so that they come back to him, when they become more realistic.
I should have mentioned that this is in rural Munster. House prices are still dropping. I'd say if it was a case of "...waiting an hour for the 46A, then two come at once..." they might see thru' it.You could ask a friend to pretend to be interested in the house and make an offer of €110k. Then you could come in with an offer of €130k and you will be seen as less offensive.
Was it sold directly by the owners or via an agent? The crux of my post is not so much the price, but how to bring up the topic of the asking price being 50% more than similar properties.I'm aware of a house that sold recently after sitting on the market for two years.
I know people who have put their property up for sale at a price that they will sell at but are in no rush to sell.
Its their house and they can ask what they want - Price depends on what its worth to the buyer.
Maybe the sale price is set and they don't need to sell.
There is a lot of speculation in your posts which is based on assumptions. You could walk away from this property, which potentially you could have bought for the price you had in mind, purely because you have persuaded yourself that the sellers will not come back significantly from their asking price. making an offer well below the asking price is not an insult. The seller will quickly let you know if you are in a ballpark for negotiation. Why would any seller be offended at a genuine offer, even if it was well below their asking price?
I suppose part of my problem is that if it was an estate agent I could easily come straight out and say
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