Price negotiation single-family house

I myself had to pay a lot of tuition fees this January. I also thought that I could negotiate the price of a house, which in my opinion was too high, down by 20%.... No such luck. We also had the house appraised by 2 banks at the time. They said it was listed for 30% too much.

Did you ever find out at what price the handyman’s house actually changed hands? Maybe you were just the fool who burst the seller’s price bubble, and the last buyers got through with their 10% less?

Did you ever find out at what price the craft house really changed owners? Maybe you were just the fool who burst the seller's price bubble, and the last buyers got through with their 10% less?

I don't know exactly, how could I? But I assume 400-430k. So at least 40k above our highest bid back then.

And now we bought for 480k and don't shed a tear for the other house :cool:

What’s the point? Other than getting a shrug and being shown the door? Are there still people who leave 50k-100k€ on the table just because they like someone?

For some sellers, it is also important to know into which (good) new hands the property will fall. That was the case with us, for example.

Some sellers also consider it important to know into which (good) new hands the property will fall. That was also the case with us, for example.

Ok, I revise my opinion. There are probably old people who no longer know how to get rid of 50-100k€ in the remaining lifetime and who no longer have descendants or overlook their own family/children (regardless of the reason). True, I am indeed too young for this kind of thinking. If I were in such a situation as an old person without descendants, I would rather forgive the money to the stranger family than bequeath it to the cat or donate it to the animal shelter.

If I were an old person in such a situation

Let's also take the older owner who built the house himself. Some have put their heart and soul into it, for widows often the life's work of the deceased... all reasons to prefer selling to a nice family rather than a real estate person who wants to build two semi-detached houses on the beautiful memory.

I don't know exactly, how could I? But I assume 400-430k. So at least 40k above our previous highest bid.

And now we bought for 480k and don't shed a tear for the other house :cool:

That's exactly it. It wasn't "the final price" that was listed online. The banks had already stopped participating at that point. And it wasn't "the very last" offer – you found something much better. Looking at the latest reports on the real estate bubble, that's exactly what's stated as the last price driver – driven by fear (FOMO) & peer pressure, people try to buy something. The main thing is to be involved. No matter what, it's thought nothing else will come after.