Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

Well it seems like our solicitor is not the best, but it is too late to get a different one.

You can bid whatever you like, they will most likely outright reject it though. No harm in doing it, they will probably view such a low bid as a timewaster, but who knows until you throw it out there.

depends? is there a show house built? has the work started at the location? 6-12 months would be a finger in the air guess.

Probably buying off plans unless there's a show house to walk around

Thanks, not a fan of buying off plans tbh. Anyway, I prob won’t be able to afford the first phase, never mind subsequent phases. I have emailed and asked for prices and got the usual “prices will be released in the coming weeks” along with floor plans and site maps. I have no idea what I’m doing, first time buyer. It’s so difficult out there.

I don't think the location of social housing is disclosed. You can figure it out when they appear on the property price register as they're bought in bulk, so all transactions go through on the same day.

@leahyl, look at the planning on the relevant council online planning system. Figure out what orientation you want for your back garden (south/south west if you like sun), see what layout you like and then see if your budget matches when the price is advertised.

They will have CGI representations of what the houses will look like. Many people buy off plans, it's not ideal but it means you get in on the first phase. Get a recommendation for a good conveyancing solicitor in your area, chat with a lot of estate agents, ask questions here and on Ask About Money too. It's very daunting so spend time getting comfortable with the process.

All new developments will have a minimum of 10% social housing, more if housing charities or investment groups buy houses.

They might specify house type and the number of houses, but I don't think they specify which house.

I could be wrong but I know people who tried to find out and couldn't. Estate agents claim they don't know, but if they're the sole agent it's very easy for them to figure out which units are available for sale.

It might depend on the local authority, I've just never seen it.

What is the state of bidding war right now ? I see properties flying off and going sale agreed in South Dublin (Cherrywood/Cabinteely) if they are in good knick !

Went for 120k over asking in the end. Asking was 340k.

FWIW the ex just sold a house in sunny Rathcormac (Cork). Paid in 227k in 2006 at height of market and next door that had one more bedroom went for just a small bit more than that last year. They were looking for 245k, but eventually sold it for 229k, was in good nick to be fair. Must have completed because it was on the property price register last week. I think it took around 4 months from when it appeared on DAFT to PPR.

Very limited supply coming in South Dublin...any decent house and bidding war takes it way over reasonable price

Common sense tells me that if you want the best price never sell a house without putting it on the open market.

Find another EA, they've earmarked your home for a client on their books so even if you put it on the open market the EA already has a preferred buyer and could ignore any other bids. They are working for themselves, not you.

it shows asking price and current highest offer of the properties listed on that site by agents - seems to be more and more using the platform

https://offr.io/property-for-sale/ireland

It only shows latest offer for properties you can bid on?? Not all of them show the latest offer but few do

If there’s nothing showing there’s no offers in is my understanding. I’ve bid on a couple of properties on this platform and it was the only way to place on offer on that particular propert

How have people been finding the buying process recently?

I'm looking for min 2 bed house/apartment in Dublin and there seems to be no slowdown in prices increasing. I thought I was being clever expanding my search to Dublin 12, 15, and 24 but even there the prices are often going sale agreed at 50k over asking.

it’s tough going! I’ve been trying to widen my search areas too (have primarily been looking at D12) but there’s not much in the other areas that might work for me. It’s pretty disheartening!

I've started looking at 1-beds too. If you are looking at the price differential between 1-beds and 2-beds within the same development, is there any rule of thumb that can be used on what might indicate good/bad value? This would be second-hand so maybe there are too many variables to give any sort of reliable guide.

asking prices down the country now seem to be 20% higher than recorded sale prices 9 months ago in my area - surely that can't be sustainable

I think this is my queue to stop looking in Dublin 12 - 80k over asking - https://www.daft.ie/for-sale/semi-detached-house-75-mourne-road-drimnagh-drimnagh-dublin-12/5629823