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Estate Agents..
- Thread starter Springal
- Start date
grubbyhands
Well-known member
Bunch of
Why?
- Thread starter
- #4
Was looking at a house 2 weeks after it had been on the market, was told there was another party interested, but making very low bids, so bid away. We joined in, bidding war goes on, we then offered full asking price on Saturday, other party came back with a bid that was still not asking price, we get our IFA to send over proof of mortgage etc, to show we were ready and serious, and just now the original party offer asking price, and magically the seller changed his mind to go with the original couple as they were there first so showed more commitment (!)
Hillian1
( . ) ( . )
Bunch of
I concur.
spring hall convert
Well-known member
Letting agents are arguably worse. They're lazy, ill informed estate agents.
In 12 years of letting in Brighton, I'm yet to come across an ok one. The biggest compliment I can give is "not completely awful."
I've had a few as well.
In 12 years of letting in Brighton, I'm yet to come across an ok one. The biggest compliment I can give is "not completely awful."
I've had a few as well.
Actually this.
Indeed, solicitors have no real incentive to chase things up and do work for you as they know they're going to get a big cheque out of you eventually. The seem to only lift their fingers if you phone them up EVERY F***ING DAY.
Having said that I haven't had too many dealings with estate agents so I've still got that to come.
Solicitors for my house purchase recently flat out REFUSED to do jobs that were their responsibility. I ended up going to their MD and suddenly magically these things were getting done.
seagull_in_malaysia
Active member
I agree. Especially after having to pay GBP360 in "fees" in order to have a credit check done on me
That sounds like the vendors rather than the agents.
That said, I'm not a big fan of a particlar agency in Sussex currently due to a situation similar to the one you describe. Both us and another couple were interested in a house. They offered first, the agents informed me, so I offered more. The others were selected as they are cash buyers. I then went back and offered even more again, representing quite an increase on the amount the others had offered. I understood agents are legally obliged to present all offers to vendors, but I'm not convinced this happened in this instance as, a few days later when we'd seen another house, the agents said to me "I don't want you to be in the same position as you were with the other house having to make a counter offer. I don't work like that here - it's first come first served."
- Thread starter
- #12
I just feel like it wasn't managed properly really. How the vendor can decide the people that looked first, but made low offers, and stupid increment bids, end up getting it, as after a 2nd viewing we went straight to asking price is beyond me! Just smells fishy to me... Annoying because it is rare that type of property / location has come up, and with 95% mortgages becoming available again, prices are going to soar I fear.
nwgull
Well-known member
It's obviously a desirable place; why not make another offer of above asking price?
It could be that the other party are cash buyers.
- Thread starter
- #14
I did think about that, but its not worth getting into I don't think. Just need to be quicker next time.
Conditions were the same, both no chain, with mortgage.
nwgull
Well-known member
Fair enough. Probably wouldn't take much to turn things in your favour though.
Tricky Dicky
New member
Bunch of
Is "cockwombles" the word you were looking for. Since I came across that word on NSC last week, I now use it whenever possible.
The Wookiee
Back From The Dead
Why is that the agents fault ?
Wookster you've been in the business long enough to know "Buyers are liars"..
- Thread starter
- #19
Just felt it was managed well, how the vendor have the impression the first party are more committed, when we got to asking price first, and had everything lined up ?
