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UK only offering on a house?

How much would you offer on a house with asking price of 200k. Knowing that it has been empty for 4 years and there have been NO other offers or interest, despite it having been for sale with 2 agents, is an executor sale and needs quite a bit of essential work (approx 20k)

Update:

Thank you Steph, we were thinking 180, just been to have another look (from outside) just abit nervous at 170 in case they think we're not serious - but may try that

1 Answer

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  • 9 years ago
    Favorite Answer

    I would offer £170,000. If they say no and say they want the asking price then say you will meet them halfway at £185,000. If they still say no then just say you are not prepared to increase. Sit back and wait as 9 times out of 10 they will come back to you after a few days.

    Source(s): Estate Agent for the past 7 years
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