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House Price Crash Forum


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  1. Hi - need advice on next house bid move. We bid 5% below the advertised asking and have been the highest bidders now for 4 weeks. The estate agent has now adjusted the advertised asking down to our offer thereby I assume to attract more interest and to disclose to any additional interested parties that there is a bid of the asking price. Given current house prices we are slightly miffed as we would have come in lower than the now current asking. Would you retract the offer and come in lower again? How would you react? Note that we believe our offer is a fair offer for the local market
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