Yes, the EA is one of the main EA chains out there.Is the EA a member of the IAVI or IPAV?
That's my feeling as well. I am afraid to underbid though, as I do like the place (despite everyone saying that there's too much property on the market, there's very little out there that I like!). If it turns out the other bid is real, then I'm afraid that the EA will know I was bluffing the first time 'round and then take me for everything I got! The thing is that I can technically afford the asking price, but I don't want to go that high unless I absolutley have to.I would be very suspicious about other bidders in the current market especially if the property has been on the market 3 months or more.
Bid 15% below and say that's your final offer, walk away and my guess is that the EA will call you back in about a week saying the other offer has fallen through.
Yes, the EA is one of the main EA chains out there.
That's my feeling as well. I am afraid to underbid though, as I do like the place (despite everyone saying that there's too much property on the market, there's very little out there that I like!). If it turns out the other bid is real, then I'm afraid that the EA will know I was bluffing the first time 'round and then take me for everything I got! The thing is that I can technically afford the asking price, but I don't want to go that high unless I absolutley have to.
I wish it was more like eBay or something!
IBid 15% below and say that's your final offer, walk away and my guess is that the EA will call you back in about a week saying the other offer has fallen through.
I'd put in a bid along the lines of:
- I'm very interested in the property
- I'm a FTB with loan approval and can move very quickly
-
I would say NEVER say you are really interested then they wil pester you to up the price with ghost bidders etc etc,
but i would say i was bidding on other houses and that i can move quickly when sale agreed happens and that i want to be in my house sooner rather than later....
Why not say it? OK - its a pain to get phone calls all the time from them, if that's the way they operate, but it's hardly the end of the world.
You have to convince them you're a serious bidder, and that you'll discus price when they start to move, but not before.
You just need to be firm and consistent in what you say, and not be pressured into raising the bid unless they're actively negotiating. Get them to blink first: you hold all the cards in the current market!
From my experience in the current market anyone who bids is considered serious
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