| Comment | Offer what you can afford. Increase in interest rates mean there are less buyers and sellers are going to have to accept less as people have less money to buy. I bought a 1 bedroom at 3% over about 6 years ago and then sold it for a little over 2% over, this was at peak time, when places were going for crazy amounts. It was a nice flat but just not much interest. I was told it was because it was large and high price for a 1 bedroom where people preferred a smaller kitchen and 2 bedrooms.
If it's going to a closing date then it's most likely got a lot of interest but if there's no closing date then offer below or on the home report value. |
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