IBut I don't agree that you should bid embarrassingly low.
I know there’s a key post on tips for bidding, however as the market has since swung in the buyers favour I wonder if anyone can advise accordingly,
I made a bid recently on a property, the property has been on the market for over 3 months with no bids, the bid I made was 88% of the guide price which I thought was reasonable, this was scoffed at by the EA who suggested the Sellers would be disgusted by such a pitiful offer and if anything would ‘have the opposite effect on them’
I’ve no interest in increasing that bid but would like to bid on another 2 property’s, neither of which has any current bids. Any recommendations on how best to approach this bidding would be greatly received!
Bid what you think it's worth and what you can afford to pay.
If they reject, ask them what price they would sell for.
I'm looking to get market in the market in the next 3 months and won't be offering anything over 75% of the asking price.
The EA's may not like it but eventually someone will accept my offer.
I'm looking to get market in the market in the next 3 months and won't be offering anything over 75% of the asking price.
The EA's may not like it but eventually someone will accept my offer.
From the EA's perspective, I'd find it strange that you are bidding on both an apartment and houses, unless you're in investor. Surely you know whether you want to live in a house or an apartment? They're pretty different, for most people it's one or the other, not both. He probably sees you as a time waster or will when you bid on the houses.
From the EA's perspective, I'd find it strange that you are bidding on both an apartment and houses, unless you're in investor. Surely you know whether you want to live in a house or an apartment? They're pretty different, for most people it's one or the other, not both. He probably sees you as a time waster or will when you bid on the houses.
You ask them to put something on the table
Don't make another move till the produce something
Bid very low and very often and move on fast.
I made was 88% of the guide price which I thought was reasonable, this was scoffed at by the EA who suggested the Sellers would be disgusted by such a pitiful offer and if anything would ‘have the opposite effect on them’
I'm looking to get market in the market in the next 3 months and won't be offering anything over 75% of the asking price.
The EA's may not like it but eventually someone will accept my offer.
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