Interpretation of Seller Behavior

The seller's irritated reaction to your offer combined with the price reduction can also be interpreted as things not going as smoothly as he had hoped. If he already had two or three financing confirmations > 400k, he would probably react more calmly or might not contact you anymore due to lack of time. However, I share the opinion that the game is over for you. It is unlikely that such a contentious situation will still result in a joint notary appointment on your terms. He won't expose himself to that embarrassment at the moment. If the house offer is still online in 2-3 weeks, it wouldn't hurt to get in touch again and renew your interest.

now chalk up the deal, file it away, bury it. Feel free to do it ceremoniously: burn the printout of the exposé and after that there is a candlelight dinner, dress up, pop open a good bottle.

Morning,
that's good, you should actually always do it like this with any negative events.
Chalked up and that's that.
Just don't think about it anymore like "if only" or something like that.
Regards Olli

He listed for 450,000, probably already priced in a buffer to negotiate, and you come along with 340,000 €. That’s a difference of 110,000 €.

How would you react? We’re not talking about 10k, 20k, 30k here.

At 340k he will probably have several interested parties.

I always compare it to EY Klein***anzeigen. They sell a lot there. Recently sold 6 great faux leather chairs. Initially had a negotiable price of 90 €, then lowered it to a fixed price of 70 €.

Had enough inquiries, furniture store closed, making final prices but please 30-40 € including delivery. Waited 3 weeks and everything was rejected. The cheekiest one offered 50 €, but she actually likes to negotiate on site, there’s room to go further^^ In the end she was really interested, but I had already sold the chairs to happy buyers for 70 €. The 50 € lady then wrote that she would have done it for 70 € as well.

So! Stay cool! Everyone has certain price expectations, everyone has their pain price. You should always be fair. And if it doesn’t fit, it doesn’t fit! Nobody has anything to give away.

For my apartment, I contacted 3 real estate agents back then to determine the value.
The price range was between 400,000 - 600,000 euros!
That’s all I want to say about market value.
Market value is its own science anyway. If a few people in the area buy houses or square meters overvalued, you already have a new market price!

We have a billionaire here who buys all existing properties in town for really good prices. The largest real estate agent here is the Sparkasse, which decided not to sell him any more properties so that other customers can also fulfill their dream of owning their own home.
As a result, the aforementioned billionaire was so pissed off that he buys every property directly for 50,000 above the Sparkasse’s appraisal price ;-)
Thus, my property immediately increased in value by 50,000 :-P

The customs of trade in Germany are simply different from those in the southern bazaar - but there are rules in both. It is a kind of price negotiation with defined rules of the game.

But with such a blatant offer of 110k below the price, I as a seller would have declined immediately with thanks. He will have some buffer since the market price is hard to determine, but anyone who has some time and is not in a hurry will end up around 400k.

It's the same with cars, assuming you sell it for 50k and that’s about right, you won’t respond to offers of 37-38...