Purchasing a home

ba_barabus

Quick question people. Im trying to put in a bid on a property but I'm very iffy about the estare agent selling it after several warnings.

Basically an offer materialised on a property thats for sale for a long time just as we went to put an offer on. The claimed offer is just slightly short of the asking price. From stories we're told this is a well known tactic by this agent.

Now my main question, we emailed an offer in but as its below the other offer he claims to have he has refused to bring the offer to the attention of the seller. looking online im getting conflicting reports of what they do and don't have to do.

Any advice? For now were sitting tight as i don't believe he is tellibg the truth.

Is it worth engaging a solicitor to bid on our behalf as a friend suggested this.

In my experience they aren't the most trustworthy of people, they serve their own best interest, not the seller's and not the buyer's. For example, I recently put in a bid at asking price, 4k above a "cash buyer" bid. I heard nothing back from him so I called to see where the sale was at. The cash buyer had bid 2k higher and the vendor was considering. He had no intention of taking another bid off me, just wanted the house off his books. I'm fairly certain vendor knew nothing of my further interest.

listermint

Never email offers in - EVER.

Phone the EA when discussing deals, it is the only way to gauge the situation. Your approach has given them leeway to sit back think and make stuff up...or not. But you wont be able to tell because the method of communication for such an important interaction was very poor.

Dont repeat that again.

You could call their bluff and say well look that is our offer, if anything changes with the other offer come back to me.

But please do this over the phone.

ba_barabus

The joys of Being a furst time buyer. We were told to email the offer so it wpuld he taken to tye customer. That dudbt happen obviously. My wife was told about the offer after driving a long distance. We both claimed bs on it as he mumbled it all out.

Gumbo

You could drop a note in the door of the house letting the vendors know you have made that offer with your contact details on it.

If they call you, you know the EA was acting up. If they don't call you, you know there really is another higher bidder.

ba_barabus

kceire wrote: »

You could drop a note in the door of the house letting the vendors know you have made that offer with your contact details on it.

If they call you, you know the EA was acting up. If they don't call you, you know there really is another higher bidder.

Ive always wondered if it was the done thibg to contact the peopke selling

Eric Cartman

ba_barabus wrote: »

Ive always wondered if it was the done thibg to contact the peopke selling

in terms of buying a house / selling a house, id say anything goes. If it was a rural location i'd even call into the local pub and ask if they had a contact number for the owner.

All estate agents are just middlemen trying to up offers and get another property off the books, they want to do as little as possible and are not there to help the buyer or seller, just cream commission.

Its the only way of finding out, I was tempted to do the same in my case but the house is not occupied. The ad is down and the sale is on its way.

CPTM

kceire wrote:

If they call you, you know the EA was acting up. If they don't call you, you know there really is another higher bidder.

Well unless they aren't currently living there or the place is vacant. But it's worth a shot. You could even knock on the door and say you saw the 'for sale' sign outside. This would have been a normal thing but since the advent of the mobile phone I suppose people have developed a phobia towards this whole process of knocking! Another thing I did towards the end of the bidding process was ring up anonymously to check the latest bid.

I asked a friend to call up for me...he was told that the house was sale agreed, there was me thinking I was the highest bidder. Don't trust them for a second, definitely worth sussing out the seller if possible.

davindub

ba_barabus wrote: »

Quick question people. Im trying to put in a bid on a property but I'm very iffy about the estare agent selling it after several warnings.

Basically an offer materialised on a property thats for sale for a long time just as we went to put an offer on. The claimed offer is just slightly short of the asking price. From stories we're told this is a well known tactic by this agent.

Now my main question, we emailed an offer in but as its below the other offer he claims to have he has refused to bring the offer to the attention of the seller. looking online im getting conflicting reports of what they do and don't have to do.

Any advice? For now were sitting tight as i don't believe he is tellibg the truth.

Is it worth engaging a solicitor to bid on our behalf as a friend suggested this.

If yout are iffy just move on.

If the house is in a popular area and still isn't sold you have an idea they are looking for too much.

One ea I know (famous) has a few unsold properties, 6 months on 2 houses I was interested in. Their response? Increase the advertising price by 25k.

ba_barabus

davindub wrote: »

If yout are iffy just move on.

If the house is in a popular area and still isn't sold you have an idea they are looking for too much.

One ea I know (famous) has a few unsold properties, 6 months on 2 houses I was interested in. Their response? Increase the advertising price by 25k.

Its the estate agent im iffy about not the house. Sadly there is feck all for sale in the area so no other options currently