making an offer
me and my partner have found a house that we genuinely really want and would be quite upset if we didn’t get. Realtor said that no offers have been made yet, and we’ve been to all open houses and there’s been about max two other groups of people in there.
We want to place an offer today, and have finally understood a bit of the process how to do that. The asking price is from 575k-615k. Our max we’re willing to spend is probably 600k.
We want to start off with 575k as we know they’ll probably ask for more. However, do they normally ask you a few times to increase, or do they kind of just give you two opportunities and that’s it? Our first initial thought was going up by 5’s, but if they only ask you a couple times then i’m not too sure how we should offer to try and out bid if needed.
Our Conveyancer will look through the contract tomorrow as well. This whole process is insane.
Thanks!