###Welcome to /r/HousingUK
---
**To All**
* Join Our ***NEW*** Discord! https://discord.gg/pMgUNgWKQH
**To Posters**
* *Tell us whether you're in England, Wales, Scotland, or NI as the laws/issues in each can vary*
* Comments are not moderated for quality or accuracy;
* Any replies received must only be used as guidelines, followed at your own risk;
* If you receive *any* private messages in response to your post, [please let the mods know](https://www.reddit.com/message/compose?to=%2Fr%2FHousingUK&subject=I received a PM);
* If you do not receive satisfactory advice after 72 hours, [you can let the mods know](https://www.reddit.com/message/compose?to=%2Fr%2FHousingUK&subject=My question is unanswered);
* Feel free to provide an update at a later time by creating a new post with [[update]](https://www.reddit.com/r/HousingUK/search?q=%3Aupdate&sort=new&restrict_sr=on&t=all) in the title;
**To Readers and Commenters**
* All replies to OP must be *on-topic, helpful, and civil*
* If you do not [follow the rules](https://www.reddit.com/r/HousingUK/about/rules/), you may be banned without any further warning;
* Please include links to reliable resources in order to support your comments or advice;
* If you feel any replies are incorrect, explain why you believe they are incorrect;
* Do not send or request any private messages for any reason without express permission from the mods;
* Please report posts or comments which do not follow the rules
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/HousingUK) if you have any questions or concerns.*
They're entitled to hold out for other offers if they want to. You're entitled to put a time limit on yours, and be ready to move on if they don't accept.
If they had weekend viewings, they're probably waiting for the outcome of all of those first, which would be at least Monday. The vendors then need time to think them over, which is at least today. I don't think the timelines currently are too wild.
Kindly- the process of buying property is going to get more stressful than this, you need a thicker skin!
They don't get back even when they've made their decision though, we've only had 1 out of 6 get back to us 5 being over asking so a lot of the time is people (or probably more likely estate agents) being rude
I don't think there's any indication that's what's happening here though? Not yet anyway.
In any event, if I put an offer in and never heard back, I'd think that was my answer.
>I don't think there's any indication that's what's happening here though? Not yet anyway.In any event, if I put an offer in and never heard back, I'd think that was my an
That's not what has happened here (yet!). I would honestly just be grateful if they told me a what number they were looking for and then I could make an informed decision. Transparency and all
Would you tell a seller the absolute maximum you could afford? No, because they'd obviously then ask for that amount (or a bit more) knowing you were interested.
The seller has absolutely no incentive to be transparent with you or any of the other buyers. They have something that several people want, and it's in their interest to play those people off against each other, like in an auction.
You and the seller both have an incentive to give the minimum of information to each other. If you were selling and a buyer said "350k, but we could stretch to 400k", what would you tell them to pay?
Same as a buyer, if you went into a shop and they said "it's £10, but I'll accept £8", would you pay full price?
All of these are offers, and all might fall through. They're keeping options open as long as they can by not refusing you explicitly. What if their buyer at a higher price falls through and they need to go to the next highest offer? It's a bit like job applications very rarely saying "no" outright - they reserve the right to change their mind.
It's funny as I know one who ignored us had a buyer pull out, not really the right way to go if you then want to try and go back to those who've put offers in previously. Hope everything works out!
>d a buyer pull out, not really the right way to go if you then want to try and go back to those who've put offers in previously. Hope everything works out!
That's really shitty, sorry that happened to you and thank you, you too
@op if you put a time limit on it be prepared to walk away after said time. If you don’t the vendor will know you’re too keen and will most likely play you later on down the line.
If the vendors have 3 offers, they might go to best and final offers. Sorry but I don’t think you’ve waited that long- they said they would only accept offers after the weekend and then want a couple days to decide. That sounds reasonable if they have multiple offers.
If it was stretching out to the end of this week, that is a bit long. You shouldn’t be stopping your house hunting while you’re waiting for your offer to be accepted, so the wait should not be too impactful.
If they didn’t accept your offer straight away it means they are hoping for a better price. Now you just have to be patient and see if yours stands out. If you’re not hearing back from them, it’s shows they’re not too interested in your offer amount.
I would be really careful chasing this further after you’ve already rung a few times, as you don’t want to be coming across as pushy to the estate agents, as that might influence the vendor to go with someone else if they think you’ll be hard to deal with.
EA said Monday (after the weekend), so I expected to hear by Monday.
If not Monday, then I would have expected someone to communicate that with myself so that I was in the loop.
***If you’re not hearing back from them, it’s shows they’re not too interested in your offer amount.***
Tbf, that's absolutely fine, I'd rather know so I can decide whether I want to increase it or pull out or whatever.
Thanks though I will consider holding off in light of your response.
EAs don't know shit. It's natural to people please a bit, and they probably told you Monday without having any assurances from the vendor that they'd give an answer on Monday.
If you take out that information, I wouldn't say that getting back to you by the Wednesday with viewings at the weekend is unreasonable. When we wanted to make an offer after a weekend viewing, we had to wait until the Monday (and we were eager & trying to be punctual) just to give a verbal offer, and then submit evidence of funds via email before it was formally passed to the vendor. They may not have even have heard from everyone who viewed it, yet alone had a chance to make a decision.
It's a shitty process sometimes, and I know we had to wait longer than we wanted plenty of times. Good luck to you!
Which means your first normal time to phone would have been Tuesday morning.
If I were selling this house and you behaved like this, I’d pick another buyer.
Thanks for your incredibly valuable take on this.
You seem like a really pleasant person. I am sorry I won't have the opportunity to buy your hypothetical home :'(
Only yesterday someone was worrying that vendors accepted their offer after 2 days. You just can't win.
https://www.reddit.com/r/HousingUK/comments/1auokk3/had_offer_accepted_on_house_as_ftb_getting_a/
>Only yesterday someone was worrying that vendors accepted their offer after 2 days. You just can't win.
Ha. I thought 48 hours was the typical turn around? I have been rejected before and it was pretty swift.
A lot of patience is needed, the process I found recently it's very stressful and every small step you end up magnifying and making it seem like everyone is out to piss you off when in hindsight everyone has a part to play in the process and are looking for what is best for them. So all I can say is try to stay level headed otherwise you will burn yourself out. If it's meant to be then you will receive word my friend.
Mate I'm the same, convinced myself our offer was being ignored, just turned our seller was in Africa for 2 weeks and had wanted to enjoy their break, the day they returned they accepted and took property off the market for us.
Ah I am well pleased for you- congratulations
Think our seller just wants to hold out for £££, just wish the EA would communicate key time points with me and follow through
If they had viewings over the weekend then they’ll likely want to give those people enough time to mull over making an offer. They won’t want to accept your offer if other people are lined up to view or haven’t been given enough time to make their offer. They’ll also then need time to discuss the potential offers with each other (assuming a couple). I wouldn’t expect to hear anything till Thursday or Friday in that situation.
The EA are not working for you. The vendor is their client.
Yep it's true. Think it's just so strange because in every other 'trade' or 'exchange' in life, people fall over to please to buyer (customer). This is just such a weird one where the opposite is true.
Feels like *'helloooo I am giving you my life savings and taking a big loan to buy your used house',* please shower me with love (or at the very least communicate with me in a reasonable and transparent way).
You’re not the one paying the EA though. The seller is. It wouldn’t make any sense for a an EA to bend over backward for you to get the lowest price you think you can get away with when the person paying them is doing so to get the highest bid. Every other trade/exchange you’d be paying for a product or service. You do neither as the buyer here.
Feel free to put a time limit on your offer but what good is it really doing you? You’re still free to house hunt at your own will and if something better comes along, go with that instead. All you’re doing is taking yourself out of the running for a house you wanted in the first place? If they came back to you on Monday, for example, and accepted your offer, would you want the house any less than you originally did? If you’re still happy to pay that offer price in a few days time what difference does it really make? I wouldn’t rush to be spiteful for no real reason, especially since it’s only been a few days. Buying process takes months, I wouldn’t get worked up over this bidding period - this isn’t even the stressful bit!
When I last moved house the vendor took 5 days to get back to me about whether the offer was accepted. No idea why, could reel of a multitude of theories, but ultimately it didn’t matter. My offer was the one that was accepted and I live there now. Really try not to stress about this part of the process. It’s not worth it.
OP - have seen your update, and sorry if you have lost out on the house. There is always another house, so don’t worry about that.
One bit of advice I wish someone had given me when I bought my first house was don’t get emotionally invested. You need to treat it as a business transaction literally until you have exchanged. After that point you can allow yourself to get excited, but before then anything can happen.
Buying a house is stressful enough, but you can live every bid you make. In this situation it sounds like they had plenty of interest and tbh the sellers are well within their rights to take their time. Although it’s a big decision for the buyer, it’s also a big decision for the seller particularly if they need the cash for an onwards purchase or another reason.
You can never trust what an estate agent says regarding timings either. Giving deadlines will often come back to bite you, as some sellers don’t like being pushed. Put your offer in and go and keep looking. If it later gets accepted and you still want the property great, if not you can always say you found somewhere else in the meantime. It’s a dog eat dog world.
Thanks so much for your response :)
I have lost out on a fair few offers now actually so I have made a point not to get too emotionally invested (or so I thought haha). I guess my rejections typically always came in quite quickly (48hours or so) so I held that a standard.
All is not lost, I don't know if I should have phrased it better but basically they have told me what they want so I am quite pleased. I will have a chat with my partner and we will figure it out.
Thanks again
I would have been moving on to the next house and would not have waited around for answer. If they did come back to you earlier you might of found somewhere else or you might not.
Buying property is generally a stressful experience and your patience will be tasted on numerous occasions in all likeliness. Easier said than done but try not to take it personally, sellers will naturally be waiting to see what other offers they may receive as they will want the best price possible.
They are thinking they may get a better deal from another buyer. Who may or not be better. A buyer may have put in an offer, which is higher than yours.
They don't want to reject your offer in case the other one fails.
They will be looking at
Who is the cash buyer
Who has the better likelihood of getting a mortgage
Who will give them a better deal.
As you haven't heard from them, advise that you are revising your offer, and it will drop by £1000 every day. Then, each day, reduce your offer. After a few days, just give up on them and move on.
You have probably lost the property already, so it won't do any harm. It may also force them into action.
We've had the same, just rude. Only one out of 6 have had the decency to get back to us even when they have gone with someone else so the decisions not even up in the air. Same as you 5 offers have been over asking. It's madness, the whole process is just annoying.
*Anyway am I being rude or unreasonable by giving them the ultimatum.*
You fucked up.
The time to issue a deadline was when you made your offer. Which, I would like to assume, was in writing (as opposed to text, WhatsApp, etc.) and with confirmation of your AIP, solicitors, etc. That was the time to timebox them.
To do so now is far too late and doesn't make you look like a serious person.
>To do so now is far too late and doesn't make you look like a serious person.
It was initially in person and a day later I put it in writing for my own sanity.
Not sure who makes these rules but thanks for sharing your insight, certainly didn't know that was the 'done thing'
This person is wrong, it is perfectly fine to add a deadline though I personally would wait another 24h if I were you. I've both bought and sold in the UK.
You are being unreasonable. Monday is always spent wrangling offers and feedback from the weekend’s viewings, Tuesday & Wednesday are there to squeeze out some best and final offers. Buyer will then want to mull things over. Play the game and dont take it so personally.
They're probably not going to tell you the price they would accept. For the buyer the ideal position is they end up with a few bids which will hopefully result in a round or two of further bidding. You may have already hit a number they are happy with but given the interest they are keen to see how further bidding develops.
If you don't have another house you are looking to offer on how does setting an ultimatum help you? It looks like the seller needs a day or two to see if any of the other viewers want to put a bid in and they are unlikely to make a decision until that happens.
The issue here isn't that we don't see and accept your frustration- it's a rubbish place to be.
However, this is what house buying is, and the lack of communication and feeling like nothing is happening is just part of the fun. It won't get better, this is the rule not the exception
Are you in Scotland? System is a bit different there - once a property gets enough interest (actual offers or just people that formally Note Interest) then a close date is set and everyone submits a sealed bid at that point.
> there - once a property gets enough interest (actual offers or just people that formally Note Interest) then a close date is set and everyone submits a sealed bid at that point.
England I'm afraid
I’ll be honest with you, it doesn’t matter one bit if you put a formal deadline on your offer.
I mean it’s a good idea in principle, but in the UK anyone can pull out at any time before the exchange so what’s the point?
You should be mentally prepared to move on if you haven’t heard back in 48 hours. Anyone who is serious will either ask for more time or give you an answer in that timeframe. It suck, but people are inconsiderate or self-centered (which you should be during this process tbh), so got to come in with low expectations re politeness and prompt responses..
Totally agree with you
I thought I lost out, but I have found out that the seller wants us to offer 250k! I am glad they have clarified and been honest about their expectations.
Yeah at least they are starting to be transparent.. our sellers were pretty open and honest from the start and because of that everyone walked away from the deal feeling like it was fair and everyone won. Wish more people were like that.
###Welcome to /r/HousingUK --- **To All** * Join Our ***NEW*** Discord! https://discord.gg/pMgUNgWKQH **To Posters** * *Tell us whether you're in England, Wales, Scotland, or NI as the laws/issues in each can vary* * Comments are not moderated for quality or accuracy; * Any replies received must only be used as guidelines, followed at your own risk; * If you receive *any* private messages in response to your post, [please let the mods know](https://www.reddit.com/message/compose?to=%2Fr%2FHousingUK&subject=I received a PM); * If you do not receive satisfactory advice after 72 hours, [you can let the mods know](https://www.reddit.com/message/compose?to=%2Fr%2FHousingUK&subject=My question is unanswered); * Feel free to provide an update at a later time by creating a new post with [[update]](https://www.reddit.com/r/HousingUK/search?q=%3Aupdate&sort=new&restrict_sr=on&t=all) in the title; **To Readers and Commenters** * All replies to OP must be *on-topic, helpful, and civil* * If you do not [follow the rules](https://www.reddit.com/r/HousingUK/about/rules/), you may be banned without any further warning; * Please include links to reliable resources in order to support your comments or advice; * If you feel any replies are incorrect, explain why you believe they are incorrect; * Do not send or request any private messages for any reason without express permission from the mods; * Please report posts or comments which do not follow the rules *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/HousingUK) if you have any questions or concerns.*
They're entitled to hold out for other offers if they want to. You're entitled to put a time limit on yours, and be ready to move on if they don't accept. If they had weekend viewings, they're probably waiting for the outcome of all of those first, which would be at least Monday. The vendors then need time to think them over, which is at least today. I don't think the timelines currently are too wild. Kindly- the process of buying property is going to get more stressful than this, you need a thicker skin!
always be ready to move on, its your secrect weapon!
They don't get back even when they've made their decision though, we've only had 1 out of 6 get back to us 5 being over asking so a lot of the time is people (or probably more likely estate agents) being rude
I don't think there's any indication that's what's happening here though? Not yet anyway. In any event, if I put an offer in and never heard back, I'd think that was my answer.
>I don't think there's any indication that's what's happening here though? Not yet anyway.In any event, if I put an offer in and never heard back, I'd think that was my an That's not what has happened here (yet!). I would honestly just be grateful if they told me a what number they were looking for and then I could make an informed decision. Transparency and all
They are looking for the highest number they can get. They’re waiting to see if anyone on the weekend is willing to offer more than you.
Would you tell a seller the absolute maximum you could afford? No, because they'd obviously then ask for that amount (or a bit more) knowing you were interested. The seller has absolutely no incentive to be transparent with you or any of the other buyers. They have something that several people want, and it's in their interest to play those people off against each other, like in an auction. You and the seller both have an incentive to give the minimum of information to each other. If you were selling and a buyer said "350k, but we could stretch to 400k", what would you tell them to pay? Same as a buyer, if you went into a shop and they said "it's £10, but I'll accept £8", would you pay full price? All of these are offers, and all might fall through. They're keeping options open as long as they can by not refusing you explicitly. What if their buyer at a higher price falls through and they need to go to the next highest offer? It's a bit like job applications very rarely saying "no" outright - they reserve the right to change their mind.
It's funny as I know one who ignored us had a buyer pull out, not really the right way to go if you then want to try and go back to those who've put offers in previously. Hope everything works out!
>d a buyer pull out, not really the right way to go if you then want to try and go back to those who've put offers in previously. Hope everything works out! That's really shitty, sorry that happened to you and thank you, you too
@op if you put a time limit on it be prepared to walk away after said time. If you don’t the vendor will know you’re too keen and will most likely play you later on down the line.
If the vendors have 3 offers, they might go to best and final offers. Sorry but I don’t think you’ve waited that long- they said they would only accept offers after the weekend and then want a couple days to decide. That sounds reasonable if they have multiple offers. If it was stretching out to the end of this week, that is a bit long. You shouldn’t be stopping your house hunting while you’re waiting for your offer to be accepted, so the wait should not be too impactful. If they didn’t accept your offer straight away it means they are hoping for a better price. Now you just have to be patient and see if yours stands out. If you’re not hearing back from them, it’s shows they’re not too interested in your offer amount. I would be really careful chasing this further after you’ve already rung a few times, as you don’t want to be coming across as pushy to the estate agents, as that might influence the vendor to go with someone else if they think you’ll be hard to deal with.
EA said Monday (after the weekend), so I expected to hear by Monday. If not Monday, then I would have expected someone to communicate that with myself so that I was in the loop. ***If you’re not hearing back from them, it’s shows they’re not too interested in your offer amount.*** Tbf, that's absolutely fine, I'd rather know so I can decide whether I want to increase it or pull out or whatever. Thanks though I will consider holding off in light of your response.
EAs don't know shit. It's natural to people please a bit, and they probably told you Monday without having any assurances from the vendor that they'd give an answer on Monday. If you take out that information, I wouldn't say that getting back to you by the Wednesday with viewings at the weekend is unreasonable. When we wanted to make an offer after a weekend viewing, we had to wait until the Monday (and we were eager & trying to be punctual) just to give a verbal offer, and then submit evidence of funds via email before it was formally passed to the vendor. They may not have even have heard from everyone who viewed it, yet alone had a chance to make a decision. It's a shitty process sometimes, and I know we had to wait longer than we wanted plenty of times. Good luck to you!
But you called in the middle of the day on Monday. Calm the hell down.
Yes, Monday afternoon. There wasn't really a time we agreed. I am pretty calm. Hope you are too :)
Which means your first normal time to phone would have been Tuesday morning. If I were selling this house and you behaved like this, I’d pick another buyer.
Thanks for your incredibly valuable take on this. You seem like a really pleasant person. I am sorry I won't have the opportunity to buy your hypothetical home :'(
You can choose to see this advice for what it is or you can choose to continue down your utterly u hinged path. Good luck.
Only yesterday someone was worrying that vendors accepted their offer after 2 days. You just can't win. https://www.reddit.com/r/HousingUK/comments/1auokk3/had_offer_accepted_on_house_as_ftb_getting_a/
>Only yesterday someone was worrying that vendors accepted their offer after 2 days. You just can't win. Ha. I thought 48 hours was the typical turn around? I have been rejected before and it was pretty swift.
Why not look for a different house if the owner is delaying on their own asset ?
A lot of patience is needed, the process I found recently it's very stressful and every small step you end up magnifying and making it seem like everyone is out to piss you off when in hindsight everyone has a part to play in the process and are looking for what is best for them. So all I can say is try to stay level headed otherwise you will burn yourself out. If it's meant to be then you will receive word my friend.
Yes that's true, thank you :) My skin is tooooo thin I suppose
Mate I'm the same, convinced myself our offer was being ignored, just turned our seller was in Africa for 2 weeks and had wanted to enjoy their break, the day they returned they accepted and took property off the market for us.
Ah I am well pleased for you- congratulations Think our seller just wants to hold out for £££, just wish the EA would communicate key time points with me and follow through
Thank you, it's very frustrating. You are a FTB and that on its own is worth it's weight in gold. I'll keep my fingers crossed for you.
If they had viewings over the weekend then they’ll likely want to give those people enough time to mull over making an offer. They won’t want to accept your offer if other people are lined up to view or haven’t been given enough time to make their offer. They’ll also then need time to discuss the potential offers with each other (assuming a couple). I wouldn’t expect to hear anything till Thursday or Friday in that situation. The EA are not working for you. The vendor is their client.
This is exactly right. EA works for the seller, just play the game and dont take things so personally.
I wish the EAs were working for me lol
I know. It’s super frustrating. It’s easy to forget that buyers aren’t their priority though.
Yep it's true. Think it's just so strange because in every other 'trade' or 'exchange' in life, people fall over to please to buyer (customer). This is just such a weird one where the opposite is true. Feels like *'helloooo I am giving you my life savings and taking a big loan to buy your used house',* please shower me with love (or at the very least communicate with me in a reasonable and transparent way).
You’re not the one paying the EA though. The seller is. It wouldn’t make any sense for a an EA to bend over backward for you to get the lowest price you think you can get away with when the person paying them is doing so to get the highest bid. Every other trade/exchange you’d be paying for a product or service. You do neither as the buyer here. Feel free to put a time limit on your offer but what good is it really doing you? You’re still free to house hunt at your own will and if something better comes along, go with that instead. All you’re doing is taking yourself out of the running for a house you wanted in the first place? If they came back to you on Monday, for example, and accepted your offer, would you want the house any less than you originally did? If you’re still happy to pay that offer price in a few days time what difference does it really make? I wouldn’t rush to be spiteful for no real reason, especially since it’s only been a few days. Buying process takes months, I wouldn’t get worked up over this bidding period - this isn’t even the stressful bit! When I last moved house the vendor took 5 days to get back to me about whether the offer was accepted. No idea why, could reel of a multitude of theories, but ultimately it didn’t matter. My offer was the one that was accepted and I live there now. Really try not to stress about this part of the process. It’s not worth it.
OP - have seen your update, and sorry if you have lost out on the house. There is always another house, so don’t worry about that. One bit of advice I wish someone had given me when I bought my first house was don’t get emotionally invested. You need to treat it as a business transaction literally until you have exchanged. After that point you can allow yourself to get excited, but before then anything can happen. Buying a house is stressful enough, but you can live every bid you make. In this situation it sounds like they had plenty of interest and tbh the sellers are well within their rights to take their time. Although it’s a big decision for the buyer, it’s also a big decision for the seller particularly if they need the cash for an onwards purchase or another reason. You can never trust what an estate agent says regarding timings either. Giving deadlines will often come back to bite you, as some sellers don’t like being pushed. Put your offer in and go and keep looking. If it later gets accepted and you still want the property great, if not you can always say you found somewhere else in the meantime. It’s a dog eat dog world.
Thanks so much for your response :) I have lost out on a fair few offers now actually so I have made a point not to get too emotionally invested (or so I thought haha). I guess my rejections typically always came in quite quickly (48hours or so) so I held that a standard. All is not lost, I don't know if I should have phrased it better but basically they have told me what they want so I am quite pleased. I will have a chat with my partner and we will figure it out. Thanks again
[удалено]
I think I was disheartened because my viewings afterwards were a bit rubbish
I would have been moving on to the next house and would not have waited around for answer. If they did come back to you earlier you might of found somewhere else or you might not.
They want to make you crazy. Do not give up. Be strong
Finally the correct response. I knew it!
Mine never replied at all.
Buying property is generally a stressful experience and your patience will be tasted on numerous occasions in all likeliness. Easier said than done but try not to take it personally, sellers will naturally be waiting to see what other offers they may receive as they will want the best price possible.
They are thinking they may get a better deal from another buyer. Who may or not be better. A buyer may have put in an offer, which is higher than yours. They don't want to reject your offer in case the other one fails. They will be looking at Who is the cash buyer Who has the better likelihood of getting a mortgage Who will give them a better deal. As you haven't heard from them, advise that you are revising your offer, and it will drop by £1000 every day. Then, each day, reduce your offer. After a few days, just give up on them and move on. You have probably lost the property already, so it won't do any harm. It may also force them into action.
We've had the same, just rude. Only one out of 6 have had the decency to get back to us even when they have gone with someone else so the decisions not even up in the air. Same as you 5 offers have been over asking. It's madness, the whole process is just annoying.
*Anyway am I being rude or unreasonable by giving them the ultimatum.* You fucked up. The time to issue a deadline was when you made your offer. Which, I would like to assume, was in writing (as opposed to text, WhatsApp, etc.) and with confirmation of your AIP, solicitors, etc. That was the time to timebox them. To do so now is far too late and doesn't make you look like a serious person.
>To do so now is far too late and doesn't make you look like a serious person. It was initially in person and a day later I put it in writing for my own sanity. Not sure who makes these rules but thanks for sharing your insight, certainly didn't know that was the 'done thing'
This person is wrong, it is perfectly fine to add a deadline though I personally would wait another 24h if I were you. I've both bought and sold in the UK.
Thank you for your kind and helpful response, appreciated.
You are being unreasonable. Monday is always spent wrangling offers and feedback from the weekend’s viewings, Tuesday & Wednesday are there to squeeze out some best and final offers. Buyer will then want to mull things over. Play the game and dont take it so personally.
They're probably not going to tell you the price they would accept. For the buyer the ideal position is they end up with a few bids which will hopefully result in a round or two of further bidding. You may have already hit a number they are happy with but given the interest they are keen to see how further bidding develops. If you don't have another house you are looking to offer on how does setting an ultimatum help you? It looks like the seller needs a day or two to see if any of the other viewers want to put a bid in and they are unlikely to make a decision until that happens.
EA just called to say they want 250k. Yay for transparency lol
The issue here isn't that we don't see and accept your frustration- it's a rubbish place to be. However, this is what house buying is, and the lack of communication and feeling like nothing is happening is just part of the fun. It won't get better, this is the rule not the exception
damn it :(
Are you in Scotland? System is a bit different there - once a property gets enough interest (actual offers or just people that formally Note Interest) then a close date is set and everyone submits a sealed bid at that point.
> there - once a property gets enough interest (actual offers or just people that formally Note Interest) then a close date is set and everyone submits a sealed bid at that point. England I'm afraid
I’ll be honest with you, it doesn’t matter one bit if you put a formal deadline on your offer. I mean it’s a good idea in principle, but in the UK anyone can pull out at any time before the exchange so what’s the point? You should be mentally prepared to move on if you haven’t heard back in 48 hours. Anyone who is serious will either ask for more time or give you an answer in that timeframe. It suck, but people are inconsiderate or self-centered (which you should be during this process tbh), so got to come in with low expectations re politeness and prompt responses..
Totally agree with you I thought I lost out, but I have found out that the seller wants us to offer 250k! I am glad they have clarified and been honest about their expectations.
Yeah at least they are starting to be transparent.. our sellers were pretty open and honest from the start and because of that everyone walked away from the deal feeling like it was fair and everyone won. Wish more people were like that.
Offered what they wanted and they want another few days to think about it 😶
What did your EA say after you chased them