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Estate Agent Tactics!

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Comments

  • #52
    April 73
    Registered Users, Registered Users 2 Posts: 846 ✭✭✭April 73


    I've been following this thread & admit to scratching my head.
    House has an asking price of €310k. OP offers €260k. Not surprisingly refused!
    OP feels the house is worth his max budget of €290k & is prepared to spend €290k.
    EA has offer of €300k cash. Seller would obviously like to get to the asking price.
    What logic would dictate that the OPs offer would be accepted?


  • #53
    CaoimheSquee
    Registered Users Posts: 359 ✭✭CaoimheSquee


    Galtee65 wrote: »
    The asking price was and is a bit optimistic anyhow? EA's are required to keep a record of bids lodged(I think), and are viewable at a later stage!

    If I'm incorrect in this then so be it, it will be sold by then. So if I'm incorrect plse ignore and continue in the present, thanks!

    Yes by law all bids must be recorded and passed to the vendor.

    If you feel bidding is suspect then you lodge a complaint with the regulator and they will investigate the bidding. Bids do not become open for public viewing.


  • #54
    m'lady
    Registered Users, Registered Users 2 Posts: 1,859 ✭✭✭m'lady


    CaoimheSquee wrote: »
    Yes by law all bids must be recorded and passed to the vendor.

    If you feel bidding is suspect then you lodge a complaint with the regulator and they will investigate the bidding. Bids do not become open for public viewing.

    I'd love to hear how long and how thorough this investigation would be. I really believe they should open to public viewing and this would stop the estate agents with their tactics and driving up the prices of houses.


  • #55
    amdublin
    Registered Users, Registered Users 2 Posts: 20,653 ✭✭✭✭amdublin


    I'm still scratching my head about the op's mortgage offer and deposit and bid on house.

    Where is the deposit factored in??


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