Have you bought/gone sale agreed recently?

M

macmad

Guest
Hey, If you bought or have gone sale agreed recently, how much under asking price did you get your offer accepted? I realise that every seller, area is different etc; but I'm just looking to get a general feel.
I'm in the market for a 3 bed in castleknock/carpenterstown area.

Any info is appreciated. Thanks
 
I have gone sale agreed recently on a 3 bed terraced in South Dublin. Sale Agreed 10% under the asking price at the time.

Went in with an offer of 20-25% less initially knowing that it probably wouldnt be accepted.
 
rustbucket said:
Sale Agreed 10% under the asking price at the time.
Click to expand...

It's vital to state this when quoting what offer you had accepted.
How much of a reduction on the original asking price did you achieve?

I am currently considering offering 10% under the current asking price on a property but this offer would represent almost a 25% reduction on the original asking price from approx. 5 months ago
 
The price dropped 3 times since orignally listed last year.

We sale agreed 10% under the current listed price. A total of 32% under the orignal asking price a year ago.

I would offer 20% less than the current price and see where that takes you. the worst that can happen is they refuse. Then you can consider upping your offer
 
sold in may - just under 5% under asking price after 6% drop from original price - not bad!
 
that all sound good. It seems to me that most houses on the market have had a number of cuts in asking. I reckon if you are getting it 30% below what similar houses sold for last year then you are doing well.

I think putting in 20% below asking is the way to go in the current market. It sound almost like nothing in % but when you put it in € then ouch! asking 475k -> offer 380k -> price cut of 95k. Thats a lot of money
 
Relative's house I was helping to sell has gone sale agreed (for the 3rd time due to chains falling through) at 18% below the original asking price. Was on the market since January 08 and had 3 price drops and 1 change of estate agent since. Midlands area.
 
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