A buyer offered £245,000 for a property the seller wanted £255,000 for. By printing historical sale data showing the house had failed to sell three times, the buyer convinced the building company holding it that accepting the lower offer was better than another failed sale. The data made the negotiation possible.
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And it had been for sale last year and it fell through 3 times. And I offered them what I've paid for it now. So I've paid, they wanted £255,000 and I've given them £245,000. It fallen through and fallen through and fallen through. And then people moved in, they weren't happy with it and they've part exchanged it with a building company. They let me know that they were selling before it went on the market. So I rang the building company and said, look, you know, this property ain't going to sell very quickly. You'd be you're better off cutting your losses. I'll give you £245,000. And they rang me 2 days later and said, yeah, we've accepted your offer. Because it's probably more tax efficient to them just to get rid of it. The fact that I could use, obviously, the sold subject to contract, said, look, you know, because I got all the data from before when it sold, but I just couldn't— the lady just would not sell it to me. So anyway, because we basically didn't get on, to be honest, if I'm being brutally honest, we didn't get on at all. I just said to them, look, it's fallen through 3 times. These the times it's fallen through. I'd already printed it off from the previous time on Propertyfilter, and I showed it to the building company and they went, "Oh yeah, yeah." I said, you know, "It's only going to happen again," and they went, "Okay, we'll just accept your offer." So yeah.