You've noticed a significant jump in asking prices.I have noticed a significant jump in house prices in our area.
You are within your rights, but it's kind of bad manners.Should I ask the purchaser for a few more grand (the asking price)
Thanks for reply. Holidays are getting in the way of things moving on.Over the years I have heard/known and involved in property sales/purchases where, before contracts have been exchanged, either party can and have pulled out of agreed sales/purchases for trivial or non existent reasons.
At the end of the day it is your property and of course you want to realise it's full potential.
BTW I think an agreement to buy made last May that it would be usual for contracts to have been exchanged by now.
However we don't know if the offer was accepted the 1st or the 31st of May.
Going sale agreed in May (which at worst case scenario is 8 weeks ago) is hardly an excessive amount of time prior to contracts being signed.Doesn't appear that the buyers are fretting so you would be in your rights, given passage of time, to withdraw from the sale
Holidays from you or the purchasers?Thanks for reply. Holidays are getting in the way of things moving on.
I agree up to a point.As I said before I’m of the opinion that for a small increase the risk of the sale falling through, which would lead to starting the process from scratch and is no guarantee of an increased offer next time, is not worth the potential upside.
I have noticed a significant jump in house prices in our area.
my ad is still on daft.
Enquiries continue to roll in (slow rate -one every couple of weeks).
I don’t really disagree with you either, depending on what exactly is holding up things on the purchasers side. As you said we don’t have all of the information so it could be anything from no contact at all since going sale agreed to regular contact between solicitors that is just dragging on because of a number of niggly details in the sale (which would quite likely arise in any future sales if this is due to an issue the solicitors feels requires clarification before sign off).I agree up to a point.
We have very sparse information to go on, so we don't know whether it is a 'small increase' or not, but what we do know is that the sale has NOT progressed from May. So to my mind would not be a hell of a lot different to 'start from scratch' again. It's akin to being in Limbo at the moment.
If I was the vendor, I would be pushing to get contracts exchanged next week or it's going on the market again.
Ah ok I understand, in that case it seems that everything is in motion and it’s just your solicitors being on annual leave causing the blockage.The solicitors are on holidays but the last I heard everything was lined up to go over the next few weeks. Unless solicitors from other side begin taking annual leave.
Yes a sense of integrity has to feature in all of this for me.You either have a "word", or you don't. If you have to ask what that is, then you don't have one. Your loss in that case. Just my opinion by the way, and know what? It gets you through life with a good feeling about yourself..
That’s completely understandable wanting to get the best price for your property but as you said it can come down to the luck of the draw sometimes how the bidding will fall.Yes a sense of integrity has to feature in all of this for me.
Another exact same property type house around the corner went for 5k more at the same time but the bidders were just not there for my property at the time (apart from 2). I'm beginning to think that luck has a lot to do with this. You either get a good bidding war or you don't. I didn't get that.
We've also noticed on the Property Price Register that the houses (different type house - semi/detached etc) in general are going about 10k over asking price. I regret not putting mine 10k over recommended asking price but there you go.
I think I'll just rock on with the cartoon - push it over the line and be done with it.
Thanks for all opinions. I was thinking along those lines and a bit torn so thrashing it out here has helped.
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