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same flat 2 agents

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  • Mutton_Geoff
    Mutton_Geoff Posts: 3,819 Forumite
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    eddddy wrote: »
    Ideally, he should not go to the open day with the new agent. It will complicate matters.

    It would be much cleaner if your friend makes no contact at all with the new agent, and makes his offer through the old agent.

    That is the 'correct' process in these circumstances.



    So that's incorrect. That's not how EA contracts work. EA1 introduced your friend, so your friend should 'stick' with EA1.



    It's not his problem. Why should he be !!!!!footing around which agent has what deal. He is the buyer and the vendors contractual issues with the agents are not his concern.
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  • Slithery
    Slithery Posts: 6,046 Forumite
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    edited 23 August 2017 at 11:41PM
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    Of course it's his problem.

    If you had 2 offers for your property for the same amount, but one of them meant paying double EA fees which one would you choose?

    It's in the buyers best interests to offer through the EA which won't lead to this situation.
  • eddddy
    eddddy Posts: 16,441 Forumite
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    Mutton_Geoff wrote: »
    It's not his problem. Why should he be !!!!!footing around which agent has what deal. He is the buyer and the vendors contractual issues with the agents are not his concern.

    Exactly as Slithery says, that's a very short-sighted view.

    The OP's friend wants to negotiate a good deal with the seller. Doing something that exposes the seller to double fees isn't a good starting point.

    Assuming the EA's fee is 1%, the OP's friend will need to offer 1% more than his bidding rivals, just to get on a level playing field.
  • noddynoo
    noddynoo Posts: 346 Forumite
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    Hi Thanks I have spoken to him and he gets all this now. He still plans to go through the open day as he can't see it with the other agent as they are back to being lettings only (I didn't know this yesterday!) and the agency looks like it may be winding down as only 7 properties left. I think he was wondering as was I if the fact that when he made enquiries about it previously he was told it had sold that made any difference It seems it wasn't ever sold just marked as such on website I said maybe he should ring the new agent and tell them he has seen it they definitely don;t know he has
  • eddddy
    eddddy Posts: 16,441 Forumite
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    Your friend should contact EA1 and ask them if they want to negotiate the offer.

    (The fact that the flat was previously sold stc and/or they are concentrating on lettings won't make the seller's contract void.)

    In my experience, if your friend asks EA2...

    - if EA2 is moral, they will tell your friend to deal with EA1.
    - If EA2 is immoral, they will deal directly with your friend.

    I've come across both moral and immoral EAs.
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