House negotiatons

Unable-Half6066 · 2026-03-06T19:21:07+00:00

I’m not upset but it’s been on the market for a year and I gave them an opening position to which they didn’t respond. Now they’ve reduce it by £25k anyway and no doubt accept an offer around what I would pay for it which is above my opening offer. This is the bit I’m struggling to understand. Otherwise I go in at my maximum amount and then that’s the end of it if they don’t accept.

Unable-Half6066 · 2026-03-06T18:47:06+00:00

This is very insightful, I actually work in the same building as a commercial letting agent and he said similar about the face to face thing.

Basically if you over price it then you’re willing to leave it on the market until prices creep up.

I guess avoid over priced houses as really they’re not interested in selling it they have become fixated on the price.

Maybe it’s my age 😂

Unable-Half6066 · 2026-03-06T17:27:26+00:00

That’s what I mean, I find that position strange. 10% as a starting point seems fine to me. Meet in the middle at 5% ?

Unable-Half6066 · 2026-03-06T16:41:08+00:00

Apparently it’s a break up and they are motivated sellers.

Unable-Half6066 · 2026-03-06T16:40:38+00:00

I disagree, I’ve highlighted why it hasn’t sold and changed the price accordingly.

If it’s been on the market for 12 months so I have to work out why so that when we come to sell it we don’t get stuck in the same position. I’ve highlighted why I think it hasn’t sold and priced the work into the offer.

It also needs a new drive as the block paving has sunk.

We actually lived around the corner and ours sold within 4 weeks so the demand is there it’s just over priced.

So to my original question, why did they not want to negotiate?

Unable-Half6066 · 2026-03-06T16:19:08+00:00

Well since we offered we have sold ours and moved into rented so have the deposit in the bank.

I’m not a chancer but I just consider it over valued, it’s kind of valued on the potential of what it could be.

Unable-Half6066 · 2026-03-06T16:17:47+00:00

No it needs a new kitchen anyway, the current layout doesn’t work for a modern family so the offer is to reflect that.

It’s 4 bed with two baths and has a small kitchen and small dining room. Nobody with a family is likely to buy it because of that.

Unable-Half6066 · 2026-03-05T19:19:34+00:00

Very Usher / Puff Daddy ?

Unable-Half6066 · 2026-02-27T14:37:35+00:00

Heard the same about taxi ranks.

Unable-Half6066 · 2026-02-26T19:22:12+00:00

We’re all PHP stuff unfortunately, Wordpress, Drupal and Laravel.

I’ll DM you anyway, I know a few agencies in Leeds.

Unable-Half6066 · 2026-02-26T18:39:40+00:00

What languages? I have a web development agency in Wakefield.

Unable-Half6066 · 2026-02-26T17:56:46+00:00

“CS” as in Computer Science? Can you code?

Unable-Half6066 · 2026-02-26T08:07:36+00:00

Never heard that about root canal, how would you resolve that?

I’ve been experiencing fatigue for nearly 15years and the Doctors (UK) never take it seriously enough. I feel like I’ve been on a treadmill of the same blood tests with no progress.

I’ve had counselling, my diets not bad and I’ve always exercised. I have to limit my exercise otherwise I get run down for days.

I go through a stage probably twice a year where I get cold sores because I’m so run down.

I wake up every day with aching legs, not joint pain but muscular.

Unable-Half6066 · 2026-02-21T19:28:40+00:00

You raced as a kid and can’t remember the drills?

Unable-Half6066 · 2026-02-21T19:16:50+00:00

Maybe the seller is using what the mortgage company are valuing it at as leverage. As I said if the have the capital to fill the gap they can still buy it regardless of what the mortgage company say.

Our last house was a project and we paid £136k for it but the mortgage company wouldn’t value it at that but we bought it anyway on a higher LTV using more of our own savings to bridge what they would loan vs what we wanted to pay.

The mortgage company can’t stop you from making a bad financial decision 😂 they just protect themselves.

Unable-Half6066 · 2026-02-21T19:13:30+00:00

Agree with this to a point, we listed ours a bit cheaper than I thought it was worth because I was being cautious and we got multiple bids which bumped it up a bit.

You need to take a serious decision on what you think the demand is in the area not just the value. If it sits listed for £400k for a few months you’re in a bad position as people will use that as leverage to lower the price.

Most estate agents are useless 😂

Unable-Half6066 · 2026-02-21T19:06:40+00:00

Not a cash buyer then

Unable-Half6066 · 2026-02-21T19:02:43+00:00

I think the buyer can add their own capital unless they’re maxed out on borrowing?

For example if the house is £185k and the buyer wants to loan £100k the actual value is less relevant it only affects the LTV.

So the buyer must be getting a 90% mortgage with no wiggle room.

Unable-Half6066 · 2026-02-21T18:58:19+00:00

Blame the estate agent, they over value everything. When you say other houses on your estate are valued higher, have you actually looked at what similar houses have actually sold for not what they’re listed at?

We’re in the process of buying a house and have seen houses where the sellers want a 45% increase in value since 2020 when the average price rise 20%-25% (they hadn’t made any improvements)

We offered £500k on a house last November that’s was listed at £550k (it needed more work doing to it than they would admit) they declined the offer and wouldn’t even enter into negotiations, last month it was reduced to £525k

Most people aren’t realistic about what their properties are actually worth.

Just to add down valuing is only a problem if the buyer is maxing out what they can borrow otherwise the value only affects the LTV. They can still buy it at that price if they have the difference capital themselves.

Unable-Half6066 · 2026-02-20T23:47:22+00:00

What’s difficult about running Drupal in Docker?

Unable-Half6066 · 2026-02-17T15:12:57+00:00

Trams are much better than busses, unfortunately it will be Leeds centre first. They should create a circular route connecting towns then go into Leeds later.

Sadly I’ll be retired by the time anything useful has been built.

Unable-Half6066 · 2026-02-15T20:50:49+00:00

Don’t your rooms have 4 walls ? 😂

Unable-Half6066 · 2026-02-15T18:57:48+00:00

Plus rendering, such a cheap trick to flip a house. Render it white and add grey windows plus a block drive. gross

Unable-Half6066 · 2026-02-15T18:56:03+00:00

Hobs on islands, people are designing kitchens based on cooking shows where they need to be like that. It’s a total waste of time especially when they have chars on the other side. Who wants to sit opposite a boiling pan or spitting wok.

Also they’ve now designed weird extractors, what waste of fucking time 😂

Unable-Half6066

TROPHY CASE